NOT LISTED FOR SALE
12 Beds
12 Baths
6,000 Sq Ft
7,054 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $720,000 $120 Per Sq Ft

20 Days on Market

About This Home

As of October 2021

WEST CHATHAM AT ITS BEST!! THIS 12-FLAT IS LOCATED AMONG SINGLE FAMILY HOMES AND ACROSS THE STREET FROM THE GIFTED LENERT SCHOOL! ALL 4 2-STORY PORCHES ARE 1 YEAR OLD & SO IS THE HOT WATER TANK! ROOF NOT NEW BUT MAJOR WORK WAS DONE TO IT LAST YEAR. 11 UNITS OCCUPIED AND 1 VACANT WHICH WILL BE SHOWN WITH THE BASEMENTS ON INITIAL VISIT. OTHER UNITS WILL BE SHOWN AFTER ACCEPTED OFFER. LAYOUT OF UNITS SIMILAR BUT THE 81ST ST. SIDE LARGER. WELL MAINTAINED BUILDING GENERATING OVER 108K INCOME/YEAR. ALL EXPENSES ARE ACTUAL.

Last Agent to Sell the Property

Vivienne Rose Taylor

Chicagoland Brokers Inc. License #471007715 Listed on: 05/13/2021

Chicagoland Brokers Inc.

Last Buyer's Agent

Andrew Taylor

Kale Realty License #475187894

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,940

Year Built

  • Built in 1910

Lot Details

  • 7,054 Sq Ft Lot
  • Lot Dimensions are 55 x 130

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $410
  • Fuel Expense $9,468
  • Insurance Expense $5,775
  • Maintenance Expense $1,000
  • Trash Expense $2,100
  • Water Sewer Expense $3,846
  • Operating Expense $33,839
  • Gross Income $9,005
  • Net Operating Income $74,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,940

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 12
  • Possible Use: Multi-Family, Retail
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 729900
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Radiators
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 2100
  • Water Sewer Expenses: 3846
  • Janitor Expense: 1300
  • Operating Expense Includes: Insurance,Maintenance,Trash,Utilities,Water/Sewer,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 55 X 130
  • Lot Size Sq Ft: 7054
  • Zoning: COMMR
  • Alternate Phone Number: (773) 895-3591

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6000

Multi Family

  • Net Operating Income: 74221
  • Fuel Expense: 9468
  • Insurance Expense: 5775
  • ElectricExpense: 410
  • GrossIncome: 9005
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 33839
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9940
  • Tax Year: 2019

Range of Values:

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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 Change Sq Ft Price
10/20/2021 10/20/21 Sold $720,000 -1.4% $120 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $729,900 -- $122 / 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: 11085959

Midwest Real Estate Data (MRED)

APN: 20332200070000