NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold June 05, 2019

Last sale price $370,000

14 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Two Heating Systems
  • 2.5 Car Detached Garage
  • Soaking Tub
  • Ceiling Fan

About This Home

As of June 2019

#CASHFLOW - Attention owners and investors! Gorgeously Rehabbed Brick 2-flat. Property features hardwood floors, separate central forced air with two a/c units, stainless steel kitchen appliances, Dedicated dining rooms, pantries, office/3rd bedroom per floor, full finished basement with 2 bedrooms, bathroom and kitchen. 2 car garage has potential to be rented out for $75-100 a month. Coin operated washer and dryer makes about $50/mo. Potential to live rent free! 2 units currently rented out with 1 year-leases

Last Agent to Sell the Property

Lucas Augustyn

Pearson Realty Group License #475152885 Listed on: 03/15/2019

Pearson Realty Group

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1922 | Remodeled in 2019

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30 x 151
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Outdoor Features

  • Porch

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $1,800
  • Professional Management Expense $1,000
  • Trash Expense $900
  • Water Sewer Expense $900
  • Gross Income $46,800
  • Net Operating Income $37,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1922 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1000
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Basement Description: Partially Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan, Public

Fee Information

  • Trash Expense: 900
  • Water Sewer Expenses: 900
  • Trash Expense Year: 2018

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 30 X 151
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 37400
  • Insurance Expense: 1800
  • ElectricExpense: 600
  • GrossIncome: 46800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4946.91
  • Tax Year: 2017
  • Tax Exemptions: None
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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
06/05/2019 06/05/19 Sold $370,000 -2.4% --
03/29/2019 03/29/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $379,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,486 $32,000 $5,700 $26,300
2024 $5,486 $32,000 $5,700 $26,300
2023 $5,348 $26,000 $4,560 $21,440
2022 $5,348 $26,000 $4,560 $21,440
2021 $5,228 $26,000 $4,560 $21,440
2020 $4,084 $18,331 $4,446 $13,885
2019 $4,185 $20,831 $4,446 $16,385
2018 $4,115 $20,831 $4,446 $16,385
2017 $4,947 $22,980 $3,876 $19,104
2016 $3,248 $22,980 $3,876 $19,104
2015 $3,121 $22,980 $3,876 $19,104
2014 $3,095 $21,583 $3,648 $17,935
2013 $3,106 $21,583 $3,648 $17,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10310040

Midwest Real Estate Data (MRED)