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

Sale Details

Date Sold: February 8, 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

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
Jul 24, 2017
Closed on
Feb 8, 2019
Sold by
Bought by
Seller's Agent
Erin Feinerman
Cross Street Real Estate
Buyer's Agent
Wilfredo Aguilar
Compass
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
0.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,250,000 Chicago Title
-- --
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
Closed $875,000
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 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

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 $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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