$271,000
SOLD NOV 16, 2016
9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

1% Below List Price

140 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • 1-minute walk to Lamb Park

About This Home

As of February 2024

Great investment opportunity! Totally occupied newer built 3-unit building in Morgan Park includes 3 beds 2 baths in each unit with in-unit ldy. and c/a, open floor plan, updated kitchens, 3-car parking spaces in the rear & more! Everything updated within the last 6 years. Great cash flow for its future investor as its totaling $3,850 per month in cash flow! Numbers don't lie! Tenants pay ALL utilities. Owner only pays the water bill and common electric.

Last Agent to Sell the Property

Vergis Eiland

Coldwell Banker Residential Listed on: 04/26/2016

Last Buyer's Agent

Kerry Wright

Prestige Partners Realty, Inc. License #475153558

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,897

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 30x125

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

Community Details

  • 3 Units
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,897

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: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • Foundation Details: Block
  • List Price: 272500
  • 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

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: 10

Multi Family

  • GrossIncome: 46200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3896.53
  • Tax Year: 2014
  • Tax Exemptions: None

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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
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: 09207159

Midwest Real Estate Data (MRED)