NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1895 Built

Last Sold August 27, 2021

Last sale price $1,585,000

83 Days on Market

Highlights

  • Property is near park
  • 3-minute walk to Diversey Station
  • Lower Floor Utility Room
  • Lincoln Park High School Rated A
  • Greystone Architecture
  • Workshop

About This Home

As of August 2021

Check VTOUR for video walk thru and floor plans for all three units on the pictures. Can show all three units. These don't come around a lot (if ever) - amazing Greystone sitting on an oversized lot with TWO owners duplexes, and a beautiful one bedroom rental. The lower level also has a stand alone separate office space - all in one building! Plus when you come off the over sized three car garage (with a 4th exterior parking pad spot) you enter an elevator that opens into every unit and also goes to the lower level. Building has gone over 3 extensive renovations with the same owners for the last 30+ years. Most recent renovations include all the kitchens, 4 separate furnaces, AC units, Tuckpointing, gutted and upgraded garage, newer windows, extensive landscaping and a new construction extension which includes beautiful south facing windows, huge deck (with water and gas hook up) and a passenger elevator. This is an incredible opportunity to own a piece of property that can be an arm chair investment (which comps out at over 9k in rent), an owners duplex (live on either duplex units) with 2 rental units and a huge private separate office space with its own heating. Common Washer/Dryer (tons of space to add private W/D need be - elevator goes down to the basement to access the laundry) The possibilities are endless and as your needs grow this property can give you that utility. See additional info tab for all upgrades - impeccable building - pride of ownership.

Last Agent to Sell the Property

Meredith Manni-Meserow

Jameson Sotheby's Int'l Realty License #475123840 Listed on: 04/05/2021

Jameson Sotheby's Int'l Realty

Co-Listed By

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,534

Year Built

  • Built in 1895 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 37.5 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Greystone Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Workshop
  • Lower Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Ceilings are 8 Feet High
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Schools

  • Agassiz Elementary School
  • Lincoln Park High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Handicap Shower
  • Property is near park

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $951
  • Fuel Expense $897
  • Insurance Expense $3,912
  • Trash Expense $1,361
  • Gross Income $121,200
  • Net Operating Income $91,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,534

Year Built

Built in 1895 | Remodeled in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • New Construction Y/N: No
  • Rebuilt Year: 1989
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In,8 ft + pour,Rec/Family Area,Sleeping Area,Walk-Up Access
  • Bathroom Amenities: Separate Shower,Handicap Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Handicap Access
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Handicap Access
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Handicap Access

Exterior Features

  • ExteriorFeatures: Balcony, Brick Paver Patio, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1361
  • Other Expenses $: 1740
  • Trash Expense Year: 2021

Schools

  • Elementary School: Agassiz Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Agassiz Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 91926
  • Fuel Expense: 897
  • Insurance Expense: 3912
  • ElectricExpense: 951
  • GrossIncome: 121200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 22534.16
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $1,585,000 -14.3% --
06/27/2021 06/27/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,850,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,291 $148,610 $76,997 $71,613
2024 $29,291 $148,610 $76,997 $71,613
2023 $28,554 $138,826 $80,938 $57,888
2022 $28,554 $138,826 $80,938 $57,888
2021 $26,711 $138,825 $80,937 $57,888
2020 $21,786 $103,382 $31,450 $71,932
2019 $22,534 $118,332 $31,450 $86,882
2018 $22,153 $118,332 $31,450 $86,882
2017 $17,214 $86,040 $27,750 $58,290
2016 $18,248 $95,387 $27,750 $67,637
2015 $16,655 $95,387 $27,750 $67,637
2014 $12,937 $74,129 $23,125 $51,004
2013 $12,662 $74,129 $23,125 $51,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11034598

Midwest Real Estate Data (MRED)