NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $650,000

31 Days on Market

Highlights

  • Whirlpool Bathtub
  • Paved or Partially Paved Lot
  • 1-minute walk to Park No. 399
  • 2 Car Detached Garage

About This Home

As of June 2023

SO MUCH POTENTIAL - Get the best of the Wicker Park location without the Wicker Park price with this Humboldt Park 2-flat! The possibilities are endless - this property could be used as an ideal armchair investment, or would be wonderful for an owner-occupant. Looking to be in this amazing location long-term? Convert to a single family home, or duplex-down! The property consists of a 2 bed/1 bath unit on the first floor and a 3 bed/1 bath unit on the second floor, both move-in ready with the bonus of a reliable, long-term tenant on the second floor. With minor cosmetic upgrades and plenty of room to increase rents, this 2-flat could easily net a 6+% CAP! High ceilings and wide, front facing, light-filled windows compliment the open floor plans. Both units have newer stainless steel appliances in the kitchens, jumbo jetted baths with showers, in-unit washer/dryers, beautiful wood flooring and new paint - all the amenities a owner/renter could want. New roof was installed in 2019 and the current owner has meticulously kept up with repairs and upgrades. Each unit has its own private deck space and shares a spacious common patio with breathtaking string lights that is perfect for summer/fall entertaining. The detached oversized 2 car garage is perfect for commuting tenants and additional storage. On a quiet one-way street nestled between North Avenue and Division Street makes for quick trips to great restaurants, nightlife and shopping. Walking distance to schools, playgrounds, hospitals, and groceries for families. Easy commute to the expressway, Western, North and Division buses and CTA Blue Line. A peaceful stroll or bike ride to Chicago's magnificent Humboldt Park, with almost 200 acres, including walking/bike trails, historic lagoon and boat house, soccer field, baseball fields, playgrounds, fitness center and tennis courts - this location is unbeatable and has plenty of cash flow potential

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 10/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Mehdi Mova

Compass License #471010156

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,669

Year Built

  • Built in 1895 | Remodeled in 2000

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x126.23
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Whirlpool Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • De Diego Elementary School Commu
  • Clemente Community Academy Senio High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $2,225
  • Water Sewer Expense $805
  • Gross Income $56,400
  • Net Operating Income $44,751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,669

Year Built

Built in 1895 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 805
  • Other Expenses $: 1000

Schools

  • Elementary School: De Diego Elementary School Commu
  • High School: Clemente Community Academy Senio
  • Middle/Junior School: De Diego Elementary School Commu

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X126.23
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 44751
  • Insurance Expense: 2225
  • ElectricExpense: 240
  • GrossIncome: 56400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 12668.71
  • Tax Year: 2021

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $650,000 -3.7% --
11/29/2022 11/29/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $675,000 +12.5% --
04/02/2020 04/02/20 Sold $600,000 +0.2% -- View Prior Sale
03/13/2020 03/13/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $599,000 -0.2% --
02/17/2020 02/17/20 Off Market $600,000 -- --
02/06/2020 02/06/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $599,000 +8.9% --
07/06/2017 07/06/17 Sold $550,000 +1.9% -- View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $540,000 0.0% --
03/16/2017 03/16/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $540,000 -- --
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: 11654907

Midwest Real Estate Data (MRED)