NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1900 Built

Last Sold April 30, 2018

Last sale price $155,000

20 Days on Market

About This Home

As of April 2018

This building is perfect for the investor or owner occupant looking for a move-in ready building with great cash flow potential. This three unit building includes a first floor 3 bed 1 bath unit, a second floor 4 bed 1 bath unit, and a bonus 2 bed 1 bath garden unit. Each unit is individually metered for gas and electric! Potential rental income estimated at $3600/month with monthly expenses estimated at $2,083/month including debt service, vacancy loss, estimated repairs, and property management fees.

Last Agent to Sell the Property

John Letts

John P Letts License #471013641 Listed on: 02/09/2018

Co-Listed By

Keith Hatzfeld

Homeriver Illinois LLC License #475141923

Last Buyer's Agent

Greta Beverly

Century 21 Circle License #475175746

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1900 | Remodeled in 2011

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 3 Units
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,620

Year Built

Built in 1900 | Remodeled in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 157500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Other Expenses $: 2083

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 3600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3620
  • Tax Year: 2016
  • Tax Exemptions: None

Range of Values:

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Average Value
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Sold Price
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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 Change Sq Ft Price
04/30/2018 04/30/18 Sold $155,000 -1.6% --
03/01/2018 03/01/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $157,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09853858

Midwest Real Estate Data (MRED)