NOT LISTED FOR SALE
11 Beds
6 Baths
5,460 Sq Ft
1912 Built

Sale Details

Date Sold: December 29, 2021

Last sale price $1,220,000 $223 Per Sq Ft

38 Days on Market

About This Home

As of December 2021

Location location location. Prime East Ukrainian Village corner building on a quiet tree-lined street just steps from the vibrant Division commercial corridor and Division CTA Blue Line station. The Subject Property consists of one (1) 1 Bd/1 Ba Loft unit with dramatic ceiling heights and five (5) 2 Bd/1 Ba units, as well as three (3) exterior parking spaces. The property's basement space may be ideal for duplexing down, or due to being in the ADU Pilot Zone, may allow for a 7th apartment unit to be added. 1041 N. Hermitage Ave. has been under the same ownership for approximately 35 years.

Last Agent to Sell the Property

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 09/22/2021

Last Buyer's Agent

Non Member

NON MEMBER

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,063

Year Built

  • Built in 1912

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $400
  • Fuel Expense $480
  • Insurance Expense $2,800
  • Maintenance Expense $2,400
  • Manager Expense $5,090
  • Other Expense $2,400
  • Trash Expense $1,080
  • Water Sewer Expense $2,250
  • Operating Expense $34,963
  • Gross Income $101,800
  • Net Operating Income $62,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,063

Year Built

Built in 1912

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Room: 0

Utilities

  • Cooling: Central Individual
  • Heat/Ventilation: Separate Per Unit

Condo/Co-op/Association

  • Manager Expense: 5090

Fee Information

  • Trash Expense: 1080
  • Water Sewer Expenses: 2250

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3072

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 62765
  • Fuel Expense: 480
  • Insurance Expense: 2800
  • ElectricExpense: 400
  • GrossIncome: 101800
  • Maintenance Expense: 2400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34963
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18063
  • Tax Year: 2020

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Village, IL

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $1,220,000 -2.4% $223 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,250,000 -- $229 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11228045

Midwest Real Estate Data (MRED)

APN: 17064180420000

Your Personal Tour Guide

Ask me questions while you tour the home.