NOT LISTED FOR SALE
11 Beds
3 Baths
-- Sq Ft
1910 Built

Sale Details

Date Sold: November 14, 2023

Last sale price $375,000

10 Days on Market

About This Home

As of November 2023

Welcome to this well-maintained, income-producing gem! This charming brick 3-unit building offers a fantastic investment opportunity. The first-floor unit boasts 3 bedrooms and 1 bath, while the second and third-floor units each feature 4 bedrooms and 1 bath. Hardwood floors grace all three units, complemented by gas forced air heating and separate utilities, ensuring tenant comfort and convenience. Currently, all units are occupied by CHA tenants, generating a solid gross income of $3,874. The first and second-floor tenants are on month-to-month leases, providing the new owner with the flexibility to occupy one unit while enjoying rental income from the remaining two. The third-floor tenant is secured with a lease in place until March 2024. Don't miss out on this fantastic investment opportunity - seize the chance to own this income-producing property in excellent condition.

Last Agent to Sell the Property

Sam Shah

YBRS Realty Inc. License #475166155 Listed on: 09/29/2023

Last Buyer's Agent

Jose Leon

RE/MAX Partners License #475155330

RE/MAX Partners
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 3 Bathrooms

Lot Details

  • Lot Dimensions are 25 ' x 125 '

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1910

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: None
  • Total Bathrooms: 3
  • Total Bedrooms: 11
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 ' X 125 '
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 1412.07
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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
Sep 29, 2023
Closed on
Nov 13, 2023
Sold by
Hick Properties Llc
Bought by
Seller's Agent
Sam Shah
YBRS Realty Inc.
Buyer's Agent
Jose Leon
RE/MAX Partners
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Views
378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2019
Sold by
Nunez Janette and Nunez Lucila
Bought by
Hkk Properties Llc

Purchase Details

Closed on
Jun 3, 2009
Sold by
Webster Bank National Association
Bought by
Nunez Janette and Nunez Lucila

Purchase Details

Closed on
Feb 22, 2008
Sold by
Krawczyk
Bought by
Webster Bank Na

Purchase Details

Closed on
Nov 8, 2005
Sold by
Jackson Venessa and Shanklin Tyrone
Bought by
Krawczyk Jaroslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,980
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2001
Sold by
Chicago Rehab Investments Ltd
Bought by
Jackson Venessa and Shanklin Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2000
Sold by
Foster Veola
Bought by
Chicago Rehab Investments Ltd

Purchase Details

Closed on
May 15, 2000
Sold by
Minor Rosalind
Bought by
Chicago Rehab Investments Ltd

Purchase Details

Closed on
Dec 22, 1992
Sold by
Davis Fred D
Bought by
Faulkner Loretta
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$375,000 First American Title
Hkk Properties Llc $37,000 Citywide Title Corporation
Nunez Janette $25,500 First American Title
Webster Bank Na -- None Available
Krawczyk Jaroslaw $340,000 Chicago Title Insurance Comp
Jackson Venessa $215,000 Chicago Title Insurance Co
Chicago Rehab Investments Ltd $40,000 --
Chicago Rehab Investments Ltd -- --
Faulkner Loretta $14,500 --
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 $370,526
Closed Flores Jairo $368,207
Previous Owner Krawczyk Jaroslaw $67,980
Previous Owner Krawczyk Jaroslaw $237,930
Previous Owner Jackson Venessa $211,678
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
11/14/2023 11/14/23 Sold $375,000 +1.6% --
10/10/2023 10/10/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $369,000 -- --
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 $1,482 $33,954 $4,454 $29,500
2024 $1,482 $33,954 $4,454 $29,500
2023 $1,444 $7,000 $3,610 $3,390
2022 $1,444 $7,000 $3,610 $3,390
2021 $1,412 $6,999 $3,609 $3,390
2020 $1,087 $4,862 $3,609 $1,253
2019 $980 $4,862 $3,609 $1,253
2018 $964 $4,862 $3,609 $1,253
2017 $1,050 $4,860 $3,225 $1,635
2016 $973 $4,860 $3,225 $1,635
2015 $891 $4,860 $3,225 $1,635
2014 $872 $4,701 $3,072 $1,629
2013 $855 $4,701 $3,072 $1,629
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11896952

Midwest Real Estate Data (MRED)
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