NOT LISTED FOR SALE
7 Beds
4 Baths
2,160 Sq Ft
-- Built

Last Sold September 23, 2021

Last sale price $715,000 $331 Per Sq Ft

Highlights

  • Gated Community
  • Deck
  • Forced Air Heating System
  • Brownstone
  • Patio
  • 4-minute walk to Mineral Wells City Park

About This Home

As of September 2021

Fantastic Investment Property in A+ River West/West Town Location. Full Brick 3 Unit Building with non conforming 4th garden unit. Great potential for increased rents and cash flow. The attractive garden unit is a 1bd/bath with 8.5 ft ceiling height, large rear patio space and gas forced heat. Units 1, 2 and 3 are 4 room 2bd/1bath apartments with eat-in kitchens, 10ft ceiling height, gas forced heat, central air, and 11' x 10' rear decks. All units are separately metered so the tenants pay their own utilities. Large parking slab at rear can accommodate three tandem parking spaces for total of 6 cars. Common laundry in utility room. Rear deck is 4 years old. Roof is 10 years old and in good condition. All tenants on MTM leases except garden unit which expires 3/22. Room to increase rents to market value ($500+/month with rent and parking). Keep as income producing building; live in one unit and start your real estate portfolio; renovate for maximum rental income. Short walk to the Blue Line at Ogden/Chicago and quick jaunt to West Loop/Randolph Row. Vacant unit 3 to be shown on first showings only. Units 1, 2, 3 are virtually identical in layout, size and finish level. Property being sold AS-IS.

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 08/24/2021

Co-Listed By

Alexander Pudinoff

North Clybourn Group, Inc. License #475165440

Last Buyer's Agent

Michael Samm

Keller Williams ONEChicago License #475168912

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,555

Lot Details

  • Lot Dimensions are 24 x 100
  • Paved or Partially Paved Lot

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

Building Details

  • Gross Income $55,200
  • Net Operating Income $39,427

Additional Features

  • 4 Units
  • Common Area
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,555

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 724900
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24 X 100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 39427
  • GrossIncome: 55200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8555.47
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/23/2021 09/23/21 Sold $715,000 -1.4% $331 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $724,900 -- $336 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11199164

Midwest Real Estate Data (MRED)

APN: 17081260100000