NOT LISTED FOR SALE

1401 N Mohawk St Chicago, IL 60610

Old Town Neighborhood
10 Beds
9 Baths
836 Sq Ft
2,614 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,805,000 $2,159 Per Sq Ft

23 Days on Market

About This Home

As of May 2022

A 4-unit multi-family property situated on a quiet tree-lined street in a prime Old Town location. The property was gutted down to the brick and rebuilt as essentially a new construction property. The new property offers large units with very thoughtful and attractive open floorplans. The property is comprised of a 1 Bed/1 Bath Unit, a 2 Bed/2 Bath+Den Duplex, a 3 Bed/3 Bath Duplex, and a 4 Bed/3 Bath Duplex. Each unit features hardwood floors, stainless steel appliances, quartz countertops, dishwasher, built-in microwave, and in-unit laundry. Since three of the four units are large duplexes, this property is a great candidate for a live-in owner too.

Last Agent to Sell the Property

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 03/11/2022

Last Buyer's Agent

Michael Scanlon

eXp Realty License #475188240

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,265

Year Built

  • Built in 1879

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 9 Bathrooms

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $427
  • Insurance Expense $1,774
  • Maintenance Expense $2,000
  • Professional Management Expense $1,200
  • Water Sewer Expense $1,938
  • Gross Income $137,430
  • Net Operating Income $107,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,265

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1200
  • Year Built: 1879
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 9
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Fee Information

  • Water Sewer Expenses: 1938
  • Other Expenses $: 2000

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 24X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 107703
  • Insurance Expense: 1774
  • ElectricExpense: 427
  • GrossIncome: 137430
  • Maintenance Expense: 2000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 16265
  • Tax Year: 2020

Range of Values:

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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
05/13/2022 05/13/22 Sold $1,805,000 -3.2% $2,159 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,865,000 +155.4% $2,231 / Sq Ft
07/31/2019 07/31/19 Sold $730,100 +4.3% $873 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $700,000 -- $837 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Niko Apostal

    Seller's Agent in 2022

    Niko Apostal

    Essex 312, LLC

    (773) 516-0661

    6 in this area

    174 Total Sales

    Niko Apostal
    Section Image
  • Michael Scanlon

    Buyer's Agent in 2022

    Michael Scanlon

    eXp Realty

    (773) 630-9205

    3 in this area

    728 Total Sales

    Michael Scanlon
    Section Image
  • Scott Newman

    Seller's Agent in 2019

    Scott Newman

    Keller Williams ONEChicago

    (847) 894-5773

    6 in this area

    289 Total Sales

    Scott Newman
    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Allan Newman

    Keller Williams ONEChicago

    (847) 274-8870

    83 Total Sales

    Allan Newman
    Section Image

  • J

    Buyer's Agent in 2019

    John Vossoughi

    Jameson Sotheby's Intl Realty

    (773) 678-7082

    2 in this area

    35 Total Sales

    John Vossoughi
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11345279

Midwest Real Estate Data (MRED)

APN: 17-04-122-022

Illinois Cook County Chicago 60610 Old Town

1401 N Mohawk St, Chicago, IL

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