NOT LISTED FOR SALE

1135 N Parkside Ave Chicago, IL 60651

Austin Neighborhood
7 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 08, 2018

Last sale price $295,000

121 Days on Market

Highlights

  • Lower Floor Utility Room
  • Balcony
  • 5-minute walk to Davis Park
  • Workshop
  • Forced Air Heating System

About This Home

As of March 2018

Perfect for the first time investor, Resident Landlord or adding a new property to your portfolio. Last year's total building rehab included all three units with new baths, kitchens, wood floors are refinished and new paint. There is nothing for you to do but collect the rent. The building is 100% occupied with the owner living on the third floor who is willing to stay 90 days to show the unit and help the buyer secure a new tenant. A full basement has laundry hook ups for additional cash flow. It is also ready for your ideas...maybe a garden unit? Tenants pay their own electric, gas, hot water and heat. The 2 rear parking spaces can easily be built into a garage. The adjacent vacant lot is included with the building brings with it the potential of a second rental building. Rents are below market, so there is potential to increase your cash flow. THIS BUILDING IS A MONEY MAKER!!!

Last Agent to Sell the Property

Ben Valletta

HomeSmart Connect LLC License #475141219 Listed on: 10/10/2017

HomeSmart Connect LLC

Last Buyer's Agent

Henry Luna

Realty of America, LLC License #471008119

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1908 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 25x125
  • Additional Parcels

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Workshop
  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $35,940
  • Net Operating Income $28,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,568

Year Built

Built in 1908 | Remodeled in 2016

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Other

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 7572

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 28368
  • GrossIncome: 35940
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3568
  • Tax Year: 2015
  • Tax Exemptions: Homeowner
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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 Prior Sale
03/08/2018 03/08/18 Sold $295,000 +3.5% --
02/08/2018 02/08/18 Pending -- -- --
10/28/2017 10/28/17 For Sale $285,000 0.0% --
10/19/2017 10/19/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $285,000 +256.3% --
10/07/2013 10/07/13 Sold $80,000 -19.2% -- View Prior Sale
07/23/2013 07/23/13 For Sale $99,000 +23.8% --
06/02/2013 06/02/13 Off Market $80,000 -- --
05/31/2013 05/31/13 For Sale $99,000 0.0% --
04/15/2013 04/15/13 Pending -- -- --
04/03/2013 04/03/13 Pending -- -- --
03/21/2013 03/21/13 Price Changed $99,000 -8.3% --
03/06/2013 03/06/13 For Sale $108,000 0.0% --
02/15/2013 02/15/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $108,000 -0.9% --
12/03/2012 12/03/12 For Sale $109,000 -- --
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 $5,064 $37,000 $3,720 $33,280
2024 $5,064 $37,000 $3,720 $33,280
2023 $4,936 $24,000 $2,945 $21,055
2022 $4,936 $24,000 $2,945 $21,055
2021 $4,826 $24,000 $2,945 $21,055
2020 $3,963 $17,790 $2,635 $15,155
2019 $4,062 $20,216 $2,635 $17,581
2018 $3,315 $20,216 $2,635 $17,581
2017 $2,761 $16,202 $2,325 $13,877
2016 $3,274 $18,844 $2,325 $16,519
2015 $2,972 $18,844 $2,325 $16,519
2014 $2,274 $14,823 $2,170 $12,653
2013 $2,696 $14,823 $2,170 $12,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09774190

Midwest Real Estate Data (MRED)
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