NOT LISTED FOR SALE

Estimated Value: $1,016,985 - $1,402,000

7 Beds
4 Baths
2,520 Sq Ft
$468/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2024

Last sale price $940,000 $373 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,789 / mo

56 Days on Market

Highlights

  • A-Frame Home
  • 4-minute walk to Diversey Station
  • Corner Lot
  • Lincoln Park High School Rated A
  • Deck
  • Forced Air Heating System

About This Home

As of August 2024

Welcome to 1100 West Wolfram Street in the heart of Lakeview! This unique property presents an incredible opportunity for savvy investors or those seeking a multi-unit home with income potential. Located on a corner lot at the intersection of Seminary and Wolfram, this property offers a prime location and endless possibilities. The front building features two units: a vacant, versatile space on the ground level and a spacious 3-bedroom, 1-bathroom unit on the second floor, currently leased for $2,350/month. Meanwhile, the rear coach house consists of two units as well. The first floor hosts a comfortable 2-bedroom, 1-bathroom unit rented for $1,900 per month, while the second floor offers another 2-bedroom, 1-bathroom unit currently leased for $2,295. Both the front and rear buildings boast unfinished basements with the potential for duplexing units, allowing for further expansion and income generation. Notably, this is the first time this property has been on the market since 1987, making it a truly rare find. Conveniently located within walking distance to the Diversey Brown and Purple Lines, this property offers easy access to public transportation, connecting you to all that Chicago has to offer.

Last Agent to Sell the Property

Christina McNamee

Compass License #475128284 Listed on: 05/16/2024

Compass

Co-Listed By

Kiley Hackbarth

Compass License #475198604

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,424

Year Built

  • Built in 1894

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 24x124.50
  • Corner Lot

Home Design

  • A-Frame Home
  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Harriet Tubman Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $3,108
  • Manager Expense $4,000
  • Professional Management Expense $165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,424

Year Built

Built in 1894

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Professional Management Expense: 165
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Brick/Mortar, Stone
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Manager Expense: 4000
  • Community Features: Curbs, Sidewalks, Street Lights
  • Conversion YN: N

Fee Information

  • Other Expenses $: 96

Schools

  • Elementary School: Harriet Tubman Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Harriet Tubman Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 24X124.50
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Multi Family

  • Maintenance Expense: 3108
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Coach House

Tax Info

  • Tax Annual Amount: 15423.67
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 20, 2024
Sold by
Bought by
Seller's Agent
Christina McNamee
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$1,075,000
Sold Price
$940,000
Premium/Discount to List
-$135,000
-12.56%
Views
76
Current Estimated Value
$1,178,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,328
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Sep 24, 2021
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$921,500 Citywide Title
-- None Available
Source: Public Records

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
08/21/2024 08/21/24 Sold $940,000 -8.3% $373 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $1,025,000 -4.7% $407 / Sq Ft
05/16/2024 05/16/24 For Sale $1,075,000 -- $427 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $15,822 $142,119 $52,200 $89,919
2024 $15,822 $118,841 $52,200 $66,641
2023 $15,424 $74,989 $52,500 $22,489
2022 $15,424 $74,989 $52,500 $22,489
2021 $15,079 $74,988 $52,500 $22,488
2020 $13,080 $58,715 $20,400 $38,315
2019 $13,108 $65,240 $20,400 $44,840
2018 $12,887 $65,240 $20,400 $44,840
2017 $12,534 $58,226 $18,000 $40,226
2016 $11,662 $58,226 $18,000 $40,226
2015 $10,670 $58,226 $18,000 $40,226
2014 $10,762 $58,003 $15,000 $43,003
2013 $10,549 $58,003 $15,000 $43,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12037491

Midwest Real Estate Data (MRED)

APN: 14-29-223-044-0000

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