NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
1939 Built

Last Sold February 26, 2021

Last sale price $562,500

About This Home

As of February 2021

Beautiful 3 unit vintage buildiing. Prime location in the Beverly/Morgan Park neighborhood. Bright spacious 3 bedroom units. 3 car garage. Third floor unit is currently available. Ist and 2nd floor are long term tenants with one year lease. Building is in great condition. Garage spaces rented separately. Easy access to Transportation, shopping, resturants, entertainment and school.

Last Agent to Sell the Property

Bernadette Molloy

Molloy & Associates, Inc. License #471000122 Listed on: 01/04/2021

Last Buyer's Agent

Marcus Troutman

Kale Realty License #475174560

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,775

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 35x125
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Clissold Elementary School
  • Morgan Park High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • 3 Flat

Building Details

  • Electric Expense $250
  • Fuel Expense $4,000
  • Insurance Expense $2,000
  • Water Sewer Expense $2,675
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,775

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Fireplace-Artificial

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2675
  • Other Expenses $: 2000

Schools

  • Elementary School: Clissold Elementary School
  • High School: Morgan Park High School
  • Middle/Junior School: Clissold Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Fuel Expense: 4000
  • Insurance Expense: 2000
  • ElectricExpense: 250
  • GrossIncome: 51000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6775.16
  • Tax Year: 2019
  • Tax Exemptions: None
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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
02/26/2021 02/26/21 Sold $562,500 -6.1% --
01/04/2021 01/04/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $599,000 -- --
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 $6,134 $52,000 $5,469 $46,531
2024 $6,134 $52,000 $5,469 $46,531
2023 $5,983 $29,000 $4,375 $24,625
2022 $5,983 $29,000 $4,375 $24,625
2021 $5,848 $29,000 $4,375 $24,625
2020 $6,685 $29,934 $4,156 $25,778
2019 $6,775 $33,634 $4,156 $29,478
2018 $6,660 $33,634 $4,156 $29,478
2017 $7,956 $36,875 $3,718 $33,157
2016 $7,403 $36,875 $3,718 $33,157
2015 $6,774 $36,875 $3,718 $33,157
2014 $5,699 $30,640 $3,500 $27,140
2013 $5,586 $30,640 $3,500 $27,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10962877

Midwest Real Estate Data (MRED)