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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
  • Standard Status: Closed
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town, IL

See All Agents

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
Cherry Capital Group $730,500 Chicago Title
Bank Of America N A -- Attorney
Hall Walter -- Residential Title Services
Hall Walter -- --
Hall Walter -- --
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 Cherry Capital Group $847,000
Previous Owner Hall Walter $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11345279

Midwest Real Estate Data (MRED)

APN: 17-04-122-022

Your Personal Tour Guide

Ask me questions while you tour the home.