NOT LISTED FOR SALE
12 Beds
6 Baths
4,378 Sq Ft
1920 Built

Sale Details

Date Sold: July 11, 2024

Last sale price $520,000 $119 Per Sq Ft

7 Days on Market

About This Home

As of July 2024

Exceptional and rare investment opportunity in Auburn Gresham. This beautiful brick legal 4-unit includes 2 units with 2 bedrooms/1 bath and 2 units with 4 bedrooms/1 bath, all above grade, as well as a full finished basement that includes 2 full bathrooms and a coin laundry. All units were updated cosmetically in 2023 including electrical upgrade in the entire building. Start earning passive income the day of closing. A must see!

Last Agent to Sell the Property

Kemeyon McNair

Baird & Warner License #475172568 Listed on: 03/21/2024

Baird & Warner

Last Buyer's Agent

Bryant Triplett

RE/MAX 10 License #475186009

RE/MAX 10
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 1920 | Remodeled in 2023

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Lot Details

  • Lot Dimensions are 28 x 124
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,336

Year Built

Built in 1920 | Remodeled in 2023

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room Type: Sun Room
  • Basement Description: Finished,Exterior Access,Sleeping Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 28 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5335.98
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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
Mar 21, 2024
Closed on
Jul 9, 2024
Sold by
Mcnair Brandon
Bought by
Seller's Agent
Kemeyon McNair
Baird & Warner
Buyer's Agent
Bryant Triplett
RE/MAX 10
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$499,658
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2023
Sold by
Mcintosh Linda
Bought by
Mcnair Brandon

Purchase Details

Closed on
Oct 13, 2006
Sold by
Mcglynn John
Bought by
Mcnair Brandon and Mintosh Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,355
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2006
Sold by
King Clarence C
Bought by
Mcglynn John

Purchase Details

Closed on
Apr 5, 2002
Sold by
King Clarence C
Bought by
Chicago Title Land Trust Company and Trust #1094795
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Auburn Gresham, IL

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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
$520,000 None Listed On Document
Mcnair Brandon -- None Listed On Document
Mcnair Brandon $371,000 Chicago Title Insurance Co
Mcglynn John $180,000 Chicago Title Insurance Co
Chicago Title Land Trust Company -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $510,581
Previous Owner Mcnair Brandon $352,355
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
07/11/2024 07/11/24 Sold $520,000 -3.5% $119 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $539,000 -- $123 / 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 $4,665 $25,000 $1,775 $23,225
2024 $4,665 $25,000 $1,775 $23,225
2023 $5,336 $25,425 $2,308 $23,117
2022 $5,336 $29,364 $2,308 $27,056
2021 $6,770 $36,999 $2,307 $34,692
2020 $2,119 $12,615 $2,307 $10,308
2019 $2,191 $14,336 $2,307 $12,029
2018 $2,153 $14,336 $2,307 $12,029
2017 $3,221 $18,338 $2,130 $16,208
2016 $3,173 $18,338 $2,130 $16,208
2015 $2,880 $18,338 $2,130 $16,208
2014 $2,635 $16,769 $1,952 $14,817
2013 $2,572 $16,769 $1,952 $14,817
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11999322

Midwest Real Estate Data (MRED)

APN: 20294170190000

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