$1,550,000
SOLD FEB 21, 2025
7 Beds
5 Baths
-- Sq Ft
1882 Built

Recently Sold

11% Above List Price

3 Days on Market

Highlights

  • Gated Community
  • Deck
  • Recreation Room
  • Prescott Elementary School Rated A-
  • Property is near park
  • 2-minute walk to Wrightwood Park

About This Home

As of February 2025

Rare rehabbed legal 3-unit in lincoln park with a 3bd 3ba 2400+ sqft penthouse duplex up unit! Property is located on premier tree-lined street in prescott elementary and lincoln park high school districts! Walk to lake, parks, restaurants, shops and public transportation. Units feature chef's kitchen that opens to family room w/fireplace & large deck perfect for entertaining, spa-caliber baths including primary suite w/double bowl vanity, separate shower & jet tub & dual large walk-in closets; charming 1st floor 2br 1ba & barely below grade garden 2bd/1ba unit. All units have individual gas-forced heat & central air & in-unit w/d with their own large outdoor patios off the newly built rear porch. Perfect for house hackers and investors alike. List of updates since 2021. 3 story porch has been torn down and rebuilt, Iron fence repaired and painted, Landscaping updated, Garage door system upgraded. Unit : New tub/tile surround. New toilet, New gas range and dishwasher, New carpet in bedrooms, New furnace, Sunken porch drain re-routed to sewer system. Unit 2: New water heater, New toilet, New gas range. Unit 3 (Owner's Unit): Tile in kitchen replaced with hardwood. Fireplace surround updated. Main floor bathroom new vanity, wallpaper, toilet. Master bath jacuzzi tub replaced with freestanding tub. New toilet. New door, New AC and water heater. All can lights replaced with LEDs. Several light fixtures updated. Floor plans of all units and 3d plan of 3bd3ba duplex up unit available! First showings will be 1-3pm 1/25 and 1-3pm 1/26. MULTIPLE OFFERS.

Last Agent to Sell the Property

Henry Lazerow

Fulton Grace Realty License #475173812 Listed on: 01/23/2025

Fulton Grace Realty

Co-Listed By

Katelin Burke

Fulton Grace Realty License #475193396

Last Buyer's Agent

Landon Heck

Jameson Sotheby's Intl Realty License #475181825

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,509

Year Built

  • Built in 1882 | Remodeled in 2021

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Recreation Room
  • Loft
  • First Floor Utility Room
  • Sump Pump
  • Storm Screens

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Deck
  • Brick Porch or Patio

Location

  • Property is near park

Schools

  • Prescott Elementary School
  • Lincoln Park High School

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,509

Year Built

Built in 1882 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1882
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Appliances: Humidifier
  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Loft, Recreation Room, Utility Room-1st Floor, Utility Room-2nd Floor, Utility Room-Lower Level
  • Basement Description: Slab
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Fenced Yard
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Other Expenses $: 0

Schools

  • Elementary School: Prescott Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Prescott Elementary 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: Yes

Tax Info

  • Tax Annual Amount: 22509.42
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,2 Story Unit/s
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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 Prior Sale
02/21/2025 02/21/25 Sold $1,550,000 +10.7% --
01/26/2025 01/26/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $1,399,999 +30.8% --
06/16/2021 06/16/21 Sold $1,070,000 -2.7% -- View Prior Sale
05/05/2021 05/05/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $1,099,500 -- --
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 $23,209 $112,000 $55,800 $56,200
2024 $23,209 $112,000 $55,800 $56,200
2023 $22,625 $110,000 $45,000 $65,000
2022 $22,625 $110,000 $45,000 $65,000
2021 $21,450 $110,000 $45,000 $65,000
2020 $19,343 $89,932 $21,600 $68,332
2019 $19,387 $99,925 $21,600 $78,325
2018 $20,125 $105,318 $21,600 $83,718
2017 $18,236 $88,088 $19,200 $68,888
2016 $17,143 $88,088 $19,200 $68,888
2015 $15,661 $88,088 $19,200 $68,888
2014 $12,002 $67,257 $16,200 $51,057
2013 $14,372 $81,652 $16,200 $65,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12272051

Midwest Real Estate Data (MRED)