NOT LISTED FOR SALE
10 Beds
9 Baths
836 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date 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

2,614 Sq Ft Lot

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
  • Actual Status: Closed
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 11, 2022
Sold by
Bought by
Seller's Agent
Niko Apostal
Essex 312, LLC
Buyer's Agent
Michael Scanlon
eXp Realty
List Price
$1,865,000
Sold Price
$1,805,000
Premium/Discount to List
-$60,000
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
0.0388%
Mortgage Type
VA

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 1, 2019
Sold by
Bought by
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
John Vossoughi
Jameson Sotheby's Intl Realty
List Price
$700,000
Sold Price
$730,100
Premium/Discount to List
$30,100
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.32%
Original Mortgage
$847,000
Interest Rate
0.037%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
0.0332%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,840,000 None Listed On Document
$730,500 Chicago Title
-- Attorney
-- Residential Title Services
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,840,000
Previous Owner $847,000
Previous Owner $938,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,474 $159,000 $45,384 $113,616
2024 $22,474 $159,000 $45,384 $113,616
2023 $21,909 $106,518 $36,600 $69,918
2022 $21,909 $106,518 $36,600 $69,918
2021 $21,420 $106,517 $36,600 $69,917
2020 $16,264 $73,010 $30,744 $42,266
2019 $14,669 $73,010 $30,744 $42,266
2018 $20,945 $106,032 $30,744 $75,288
2017 $18,798 $87,325 $24,888 $62,437
2016 $17,490 $87,325 $24,888 $62,437
2015 $7,987 $87,325 $24,888 $62,437
2014 $7,142 $77,136 $19,032 $58,104
2013 $7,000 $77,136 $19,032 $58,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11345279

Midwest Real Estate Data (MRED)

APN: 17-04-122-022

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