NOT LISTED FOR SALE

1437 W School St Chicago, IL 60657

Southport Corridor Neighborhood
8 Beds
4 Baths
2,785 Sq Ft
1890 Built

Last Sold May 31, 2023

Last sale price $1,100,777 $395 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • 4-minute walk to Southport Station
  • First Floor Utility Room
  • Augustus H. Burley Elementary School Rated A-
  • Steam Shower
  • 5-minute walk to Margaret Donahue Park

About This Home

As of May 2023

Updated and well cared for multi-family just off Southport Corridor. Within Burley Elementary and Zoned RT3.5, this frame building features many improvements over the years by long-term and attentive owners. Each unit is stylishly finished, and use of the space has been thoughtfully arranged with front and back entrances to all units, a protected back stair and unique but workable layouts for easy renting. Instant rental growth with two empty units. Each unit features at least one outdoor space, the second-floor unit with front and back spaces. The building includes a large, landscaped back yard and a two-car garage with four additional and separate storage units. The back of the building at ground level (only two steps below grade) includes a common coin laundry room and additional building storage. All units have individual HVAC and hot water heaters and half have in-unit laundry. All units feature high ceilings, newer windows and most boast hardwood floors and private back decks/patios. Current occupants are long-term, high-quality, and responsible tenants. Building is a legal 3-flat with a fourth non-conforming unit. Neither owner nor agent represent the legality of the non-conforming unit. Property is being sold as part of an estate sale by a trust with a single trustee decision-maker. The building is in pristine condition but being sold AS-IS due to estate sale and long-distance owner. Limited information on building history, the age of mechanicals and rehab dates. Located just steps from brown line and bus transportation and walking distance to all the shopping, dining and nightlife the Southport corridor has to offer.

Last Agent to Sell the Property

Kathie Bock

@properties Christie's International Real Estate License #475124875 Listed on: 05/01/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Kimberly Bowman

Berkshire Hathaway HomeServices Chicago License #475164808

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,102

Year Built

  • Built in 1890

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

  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms
  • Steam Shower

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Burley Elementary School
  • Lake View High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 4 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,102

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 0000
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Humidifier, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Bathroom Amenities: Steam Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Skylights/Windows

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch, Storms/Screens
  • Foundation Details: Brick/Mortar
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Cedar,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Burley Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Burley 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
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 10102.49
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Matterport 3D Tour

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 List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,100,777 +22.4% $395 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $899,000 -- $323 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathie Bock

    Seller's Agent in 2023

    Kathie Bock

    @ Properties

    (312) 420-8550

    5 in this area

    79 Total Sales

    Kathie Bock
    Section Image
  • Kimberly Bowman

    Buyer's Agent in 2023

    Kimberly Bowman

    Berkshire Hathaway HomeServices Chicago

    (847) 754-5805

    2 in this area

    80 Total Sales

    Kimberly Bowman
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11772182

Midwest Real Estate Data (MRED)

APN: 14203250090000

Illinois Cook County Chicago 60657 Southport Corridor

1437 W School St, Chicago, IL

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