NOT LISTED FOR SALE
21 Beds
12 Baths
-- Sq Ft
1911 Built

Last Sold December 07, 2018

Last sale price $1,870,000

7 Days on Market

About This Home

As of December 2018

A rare find in lovely East Humboldt Park! Two gorgeous , stately 6 flat Greystones, situated side by side. The 1422 bulding has been gut rehabbed, offering granite countertops and SS appliances, with the 1420 building having been beautifully updated. Create value by completing the rehab on this side. Both buildings offer central heat/air, hardwood floors throughout and spacious floor palns. Properties gross over 161k with a 7% CAP rate. Building consists of nine 2 bed/1 bath, three 1bed/1 bath and two full basements. 1422 basement features coin op laundry machines, while 1420 side is fitted with leased machines. Concrete parking pad in the rear of the property provides additional income opportunity. This property is near Chicago's famed 606 park and trail system as well as 2 blocks from beautiful Humboldt Park.

Last Agent to Sell the Property

Christine DeLeon

Hideout III LLC License #471021762 Listed on: 10/01/2018

Last Buyer's Agent

Lucas Blahnik

@properties Christie's International Real Estate License #471017201

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1911

Home Design

  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $1,782
  • Insurance Expense $3,684

Listing and Financial Details

  • Tenant pays for electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Nearby
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 124767
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 1846
  • Total Annual Exp: 36409
  • Total Annual Income: 161176
  • Total Monthly Income: 13480
  • Leased Washer Dryer: Yes
  • Number of Ranges: 12
  • Number Of Refrigs: 12
  • Number Of Stories: 5
  • Estimated Year Built: 1911
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1911

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Block
  • Exterior Building Type: Brick
  • Construction: Concrete Block
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Central Air
  • Fire Protection: Fire Extinguisher/s
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 3183

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 1622
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 125 X 50
  • Lot Sq Ft: 6250
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Security Entrance, Sidewalks
  • Parcel Identification Number: 16012100310000

Rental Info

  • Gross Rental Income: 161176
  • Tenant Pays: Electric, Heat, Hot Water

Multi Family

  • Fuel Expense: 1782
  • Insurance Expense: 3684
  • Number Of Dishwashers: 6
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 16590

Range of Values:

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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
12/07/2018 12/07/18 Sold $1,870,000 -1.6% --
10/08/2018 10/08/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $1,900,000 -- --
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: MRD10099597

Midwest Real Estate Data (MRED)

APN: 16012100320000