NOT LISTED FOR SALE
12 Beds
6 Baths
5,226 Sq Ft
1900 Built

Last Sold February 08, 2019

Last sale price $1,250,000 $239 Per Sq Ft

501 Days on Market

About This Home

As of February 2019

Turn key 6 unit investment property. Fully rented. Six 2 bedroom apartments. 2 parking spaces. Fully rehabbed kitchens and bathrooms. Intercom/ security system. Photo sensor lights. Steel gates. Closet organizers and mini blinds throughout. Coin operated laundry for extra income. Individual storage units. Just a half block west of wicker park! Rehabbed in 2014! Agent owned/interest. Portfolio for sale with 1451 N Maplewood and 2706 W Haddon.

Last Agent to Sell the Property

Erin Feinerman

Cross Street Real Estate License #475167266 Listed on: 07/24/2017

Cross Street Real Estate

Co-Listed By

Ian Feinerman

@properties Commercial License #475124617

Last Buyer's Agent

Wilfredo Aguilar

Compass License #475103536

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,012

Year Built

  • Built in 1900

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x126
  • Central Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $451
  • Insurance Expense $2,604
  • Maintenance Expense $1,832
  • Trash Expense $456
  • Water Sewer Expense $1,282
  • Operating Expense $16,386
  • Gross Income $11,412
  • Net Operating Income $97,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,012

Year Built

Built in 1900

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplaces: 1
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Trash Expense: 456
  • Water Sewer Expenses: 1282

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X126
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 97733
  • Insurance Expense: 2604
  • ElectricExpense: 451
  • GrossIncome: 11412
  • Maintenance Expense: 1832
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 16386
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10012
  • Tax Year: 2016
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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
02/08/2019 02/08/19 Sold $1,250,000 -5.7% $239 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/01/2018 12/01/18 Price Changed $1,325,000 -5.3% $254 / Sq Ft
09/26/2018 09/26/18 For Sale $1,399,000 +11.9% $268 / Sq Ft
03/15/2018 03/15/18 Off Market $1,250,000 -- --
03/13/2018 03/13/18 Price Changed $1,399,000 -4.5% $268 / Sq Ft
02/05/2018 02/05/18 Price Changed $1,465,000 -0.9% $280 / Sq Ft
10/02/2017 10/02/17 Price Changed $1,479,000 -0.7% $283 / Sq Ft
07/24/2017 07/24/17 For Sale $1,489,000 +140.2% $285 / Sq Ft
12/19/2013 12/19/13 Sold $620,000 -15.0% -- View Prior Sale
09/19/2013 09/19/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $729,000 -- --
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 $15,243 $116,000 $17,640 $98,360
2024 $15,243 $116,000 $17,640 $98,360
2023 $14,815 $72,027 $14,175 $57,852
2022 $14,815 $72,027 $14,175 $57,852
2021 $14,484 $72,027 $14,175 $57,852
2020 $11,717 $52,596 $8,032 $44,564
2019 $12,008 $59,769 $8,032 $51,737
2018 $14,661 $74,218 $8,032 $66,186
2017 $10,762 $49,992 $7,087 $42,905
2016 $10,013 $49,992 $7,087 $42,905
2015 $9,161 $49,992 $7,087 $42,905
2014 $6,686 $36,036 $6,300 $29,736
2013 $6,076 $36,036 $6,300 $29,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09699574

Midwest Real Estate Data (MRED)

APN: 16012290060000

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