NOT LISTED FOR SALE
9 Beds
7 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 06, 2019

Last sale price $1,230,000

108 Days on Market

About This Home

As of August 2019

-Six 2-Bedroom Units -Strong Rental Demand -Rental Upside & Value Add Potential -East of Illinois Medical District (3 Blocks) & West of University of Illinois - Chicago (3-Blocks)

Last Agent to Sell the Property

Danny Mantis

Daniel Mantis License #471019238 Listed on: 12/07/2018

Co-Listed By

Jake Parker

Kiser Group Realty Inc License #475172661

Last Buyer's Agent

Scott Newman

Keller Williams ONEChicago License #471009246

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,146

Year Built

  • Built in 1900

Lot Details

  • 2,614

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Space Heater

Additional Features

  • 3-Story Property
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $285
  • Fuel Expense $1,171
  • Insurance Expense $2,812
  • Maintenance Expense $1,550
  • Manager Expense $5,437
  • Other Expense $2,429
  • Trash Expense $965
  • Water Sewer Expense $2,021
  • Operating Expense $27,472
  • Gross Income $110,343
  • Net Operating Income $82,871

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,146

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1295000

Utilities

  • Heat/Ventilation: Forced Air,Space Heaters

Condo/Co-op/Association

  • Manager Expense: 5437

Fee Information

  • Trash Expense: 965
  • Water Sewer Expenses: 2021
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 2664 (APPROX)

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 82871
  • Fuel Expense: 1171
  • Insurance Expense: 2812
  • ElectricExpense: 285
  • GrossIncome: 110343
  • Maintenance Expense: 1550
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 27472
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10146
  • Tax Year: 2017

Range of Values:

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Average Value
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List Price
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
11/05/2019 11/05/19 Off Market $1,230,000 -- --
08/06/2019 08/06/19 Sold $1,230,000 -5.0% --
05/16/2019 05/16/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $1,295,000 -3.0% --
01/28/2019 01/28/19 For Sale $1,335,000 -- --
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: 10258925

Midwest Real Estate Data (MRED)