NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $500,000

24 Days on Market

Highlights

  • Property is near a park
  • Forced Air Heating System
  • 1-minute walk to Lamb Park
  • Brick or Stone Mason

About This Home

As of February 2024

Great investment opportunity! Newer built 3-unit building in Morgan Park includes 3 beds 2 baths in each unit with in-unit laundry and c/a, open floor plan, 3-car parking spaces in the rear & balcony . Great cash flow for its future investor two units are section8 occupied totaling $2500 with one unit move in ready . Opportunity for imposed rent increase. The property promises both comfort and a solid investment. Tenants pay ALL utilities. Owner only pays the water bill recent bill totaling $525 and $30 common electric. Lock box is located on the second floor front door unit for vacant 2 unit only. Please don't not bother tenants At ALL .

Last Agent to Sell the Property

Allante Sandifer

Coldwell Banker Realty License #475182900 Listed on: 12/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Allante Sandifer

Coldwell Banker Realty License #475182900 Listed on: 12/12/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,538

Year Built

  • Built in 2005

Lot Details

  • 3,485

Home Design

  • Brick or Stone Mason
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

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

Additional Features

  • Lot Dimensions are 30x125
  • Property is near a park

Community Details

  • 3 Units
  • Gross Income $48,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,538

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Block
  • List Price: 499999
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • 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: Park

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 48750
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4538.28
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Sold Price
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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
02/16/2024 02/16/24 Sold $500,000 0.0% --
01/05/2024 01/05/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $499,999 0.0% --
01/03/2024 01/03/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $499,999 +84.5% --
11/16/2016 11/16/16 Sold $271,000 0.0% --
10/26/2016 10/26/16 Off Market $271,000 -- --
09/13/2016 09/13/16 Pending -- -- --
09/12/2016 09/12/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $272,500 0.0% --
04/26/2016 04/26/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $272,500 -- --
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: 11941337

Midwest Real Estate Data (MRED)