NOT LISTED FOR SALE
7 Beds
6 Baths
3,498 Sq Ft
3,049 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $1,001,000 $286 Per Sq Ft

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • 1-minute walk to Park No. 399
  • Soaking Tub
  • Forced Air Heating System

About This Home

As of April 2024

Fantastic investment opportunity to own a totally updated turnkey brick 3-flat with in-law arrangements in booming West Town neighborhood! Produce an amazing cash flow as an Investor, or even better, house-hack it! The jewel of the building is the 3rd floor Duplex-up, which will make your eyes pop! Showcasing: high ceiling, floor-to-ceiling library style wall bookcase, skylights, a Loft (2nd Bedroom), and access to a private Rooftop. All units have nicely updated quality finishes. Kitchens are loaded with Quartz tops/backsplash, stainless steel appliances, 2 units with Islands. The Bathrooms with stand-up showers all with most wanted rain shower heads! 2nd & 3rd Unit primary Bathrooms with soaking tubs. All Bathrooms wrapped in ceramic tile, Quartz surface vanities, smart mirrors. 1st & 2nd floor units with luxury premium vinyl flooring and 3rd floor unit original hardwood flooring preserved but all refreshed! All units with their own W&D. Detached 2-car Garage with a convenient high-ceiling! Projected rental gross income for this building is a conservative $106,200/year with long-term leases, without taking in calculation a potential $300/month income for the Garage. Convenient access to 606 Trail, Humboldt Park, CTA, and all the best restaurants and nightlife West Town has to offer. An opportunity not to be missed!

Last Agent to Sell the Property

Serghei Salcutan

Redstart Inc. License #471020635 Listed on: 03/01/2024

Co-Listed By

Simon Danuta

Redstart Inc. License #475192062

Last Buyer's Agent

John Warren

Forte Properties, Inc. License #471020680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,724

Year Built

  • Built in 1895 | Remodeled in 2023

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x126

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms
  • Soaking Tub
  • Separate Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $4,320
  • Trash Expense $342
  • Water Sewer Expense $1,400
  • Gross Income $106,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,724

Year Built

Built in 1895 | Remodeled in 2023

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: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Trash Expense: 342
  • Water Sewer Expenses: 1400

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X126
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 4320
  • GrossIncome: 106200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11723.9
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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
04/15/2024 04/15/24 Sold $1,001,000 +0.2% $286 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $999,000 +103.9% $286 / Sq Ft
09/23/2022 09/23/22 Off Market $490,000 -- --
09/15/2022 09/15/22 Sold $490,000 -9.3% $140 / Sq Ft View Prior Sale
08/07/2022 08/07/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $540,000 -6.1% $154 / Sq Ft
07/12/2022 07/12/22 For Sale $575,000 0.0% $164 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $575,000 -4.0% $164 / Sq Ft
04/15/2022 04/15/22 For Sale $599,000 0.0% $171 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $599,000 -- $171 / Sq Ft
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: 11990231

Midwest Real Estate Data (MRED)

APN: 16012200300000