NOT LISTED FOR SALE
11 Beds
6 Baths
5,526 Sq Ft
1915 Built

Last Sold November 28, 2023

Last sale price $365,000 $66 Per Sq Ft

71 Days on Market

About This Home

As of November 2023

Stately 6 flat in rapidly appreciating North Lawndale steps from beautiful Douglas Park. Tenants enjoy newer back porches, central heat and being near the highway, Blue Line, and the park. The roof is ~12 years old, and porches are about 3 years old. Value add opportunity, selling As-Is, rents could be higher due to long term tenants.

Last Agent to Sell the Property

Chris Weichselbaum

Fulton Grace Realty License #475182372 Listed on: 06/19/2023

Fulton Grace Realty

Last Buyer's Agent

Kyle Olszewski

Kale Realty License #475183941

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1915

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x125
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $600
  • Insurance Expense $2,400
  • Maintenance Expense $1,000
  • Other Expense $1,200
  • Water Sewer Expense $3,000
  • Operating Expense $18,659
  • Gross Income $50,400
  • Net Operating Income $31,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1915
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • 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
  • Basement Description: Unfinished
  • Ranges: 5
  • Room: 0

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air

Fee Information

  • Water Sewer Expenses: 3000
  • Operating Expense Includes: Gardener,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 31741
  • Fuel Expense: 600
  • Insurance Expense: 2400
  • ElectricExpense: 600
  • GrossIncome: 50400
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18659
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3227
  • Tax Year: 2021
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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
11/28/2023 11/28/23 Sold $365,000 -10.8% $66 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $409,000 -3.7% $74 / Sq Ft
07/11/2023 07/11/23 Price Changed $424,900 -5.4% $77 / Sq Ft
06/19/2023 06/19/23 For Sale $449,000 -- $81 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,387 $36,100 $4,531 $31,569
2024 $3,387 $36,100 $4,531 $31,569
2023 $3,302 $16,000 $3,672 $12,328
2022 $3,302 $16,000 $3,672 $12,328
2021 $3,228 $15,999 $3,671 $12,328
2020 $4,468 $19,988 $3,671 $16,317
2019 $4,579 $22,714 $3,671 $19,043
2018 $4,501 $22,714 $3,671 $19,043
2017 $6,054 $28,028 $3,281 $24,747
2016 $5,614 $28,028 $3,281 $24,747
2015 $5,136 $28,028 $3,281 $24,747
2014 $4,601 $24,798 $3,125 $21,673
2013 $4,510 $24,798 $3,125 $21,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11811545

Midwest Real Estate Data (MRED)

APN: 16133250300000