NOT LISTED FOR SALE
10 Beds
4 Baths
-- Sq Ft
1896 Built

Last Sold June 15, 2020

Last sale price $1,025,000

44 Days on Market

Highlights

  • Greystone Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Balcony
  • Multiple Water Heaters

About This Home

As of June 2020

Stately greystone in the heart of Andersonville. Building is fully rented. First floor is a duplex down w/4 beds/2 baths, Units 2 & 3 have 3 beds, 1 bath. All units have a nice sized outdoor deck and 1 exterior parking space. All units rehabbed in 2016. Updates included kitchens with granite counters, dark stained maple cabinets, stainless steel appliances, under-mount stainless sink and new baths. Also new was plumbing, windows, porches, wood floors and updated electrical service. Tenants love the size of the living and dining area with bay window. All the bedrooms are a good size. Coin operated laundry in basement. The building is near numerous restaurants, boutiques and public transportation. 48 hour notice required to show. Current rents are under value; pro-forma available upon request. SELLER SUCCESSFULLY HAD TAXES RE-ASSESSED AND THEY WILL BE REDUCED BY $4,099 FOR 2019 TAX BILL.

Last Agent to Sell the Property

Pam Lynch

@properties Christie's International Real Estate Listed on: 01/08/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Jane Domurot

Berkshire Hathaway HomeServices Chicago License #475088137

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,987

Year Built

  • Built in 1896 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 33x122
  • Paved or Partially Paved Lot

Home Design

  • Greystone Architecture

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $78,360
  • Net Operating Income $51,959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,987

Year Built

Built in 1896 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 1050000
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 3
  • 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, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 51959
  • GrossIncome: 78360
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 18987
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

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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
06/15/2020 06/15/20 Sold $1,025,000 -2.4% --
02/21/2020 02/21/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $1,050,000 +6.6% --
10/28/2016 10/28/16 Sold $985,000 +1.0% --
09/24/2016 09/24/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $975,000 -- --
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: 10605381

Midwest Real Estate Data (MRED)