NOT LISTED FOR SALE
5 Beds
3 Baths
2,336 Sq Ft
1912 Built

Sale Details

Date Sold: November 30, 2022

Last sale price $732,500 $314 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Brick Porch or Patio
  • Ravenswood Elementary School Rated A-
  • Fenced Yard
  • 5-minute walk to Warner Garden Park

About This Home

As of November 2022

Very well maintained 2-unit brick building with 3 BD + 2/bth duplex down located on a quiet tree-lined street in the highly desirable Graceland West Neighborhood just 4 blocks north of Southport Corridor. Great, easy to rent location close to a plethora of shopping, restaurants, public transportation, including the Montrose Brown Line Stop (just 6 blocks away) and a short distance to Wrigley, the Lakefront, Lakeview and Ravenswood as well. Current owner recently built out the lower level with a beautiful and spacious 1BR, 1BTH garden unit with high ceilings, radiant heated floors and in-unit washer and dryer hookup. Flexible floor plan of this building has an internal stair case that connects the garden unit to the first floor 2 BR, 1BTH apartment to create a large 3BR, 2BTH duplex down home if so desired, or both apartments can also be utilized separately, as they currently are. Second floor apartment is a 2BR, 1BTH with an open staircase and office nook. All units have their own gas-forced air heating and cooling systems with central air conditioning and all tenants pay their own utility bills. This building has many recent improvements including new windows, new front porch, new back porches and new electrical just to name a few. Beautifully landscaped and low maintenance backyard with brick paver patio and vine-covered pergola. Backyard is fenced, but with minor adjustment there is room to park up to two cars or build a 2-car garage if so desired. Easy street parking in front as well. This property has great light throughout due to open courtyard on east side and would make a perfect owner-occupied building or a great stand-alone investment property. It would also make a beautiful single-family conversion. All this in an A+ fast-appreciating and highly desirable neighborhood and location. Building is currently zoned for 2-units.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 10/08/2022

Baird & Warner

Last Buyer's Agent

Emily Weseman

RE/MAX 10 Lincoln Park License #475158594

RE/MAX 10 Lincoln Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,764

Year Built

  • Built in 1912

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Deck
  • Brick Porch or Patio

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Schools

  • Ravenswood Elementary School
  • Lake View High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $59,880

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,764

Year Built

Built in 1912

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1912
  • 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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Room Type: Foyer
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio, Cable Access
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Ravenswood Elementary School
  • High School: Lake View High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Multi Family

  • GrossIncome: 59880
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 12763.93
  • Tax Year: 2020
  • Tax Exemptions: Homeowner
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

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
11/30/2022 11/30/22 Sold $732,500 -2.3% $314 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $750,000 -- $321 / Sq Ft
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 $13,268 $68,000 $34,000 $34,000
2024 $13,268 $68,000 $34,000 $34,000
2023 $12,231 $62,885 $28,125 $34,760
2022 $12,231 $62,885 $28,125 $34,760
2021 $11,976 $62,885 $28,125 $34,760
2020 $12,764 $60,399 $18,125 $42,274
2019 $12,794 $67,111 $18,125 $48,986
2018 $12,578 $67,111 $18,125 $48,986
2017 $13,710 $67,064 $15,625 $51,439
2016 $12,932 $67,064 $15,625 $51,439
2015 $11,808 $67,064 $15,625 $51,439
2014 $9,991 $56,419 $12,500 $43,919
2013 $9,783 $56,419 $12,500 $43,919
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11648425

Midwest Real Estate Data (MRED)

APN: 14173020370000

Your Personal Tour Guide

Ask me questions while you tour the home.