NOT LISTED FOR SALE
17 Beds
7 Baths
6,849 Sq Ft
1912 Built

Last Sold October 02, 2024

Last sale price $635,000 $93 Per Sq Ft

9 Days on Market

About This Home

As of October 2024

Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units

Last Agent to Sell the Property

Candice Payne

5th Group Corp License #471018550 Listed on: 08/03/2024

Last Buyer's Agent

Candice Payne

5th Group Corp License #471018550 Listed on: 08/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1912

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 7 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x125
  • Forced Air Heating System
  • Finished Basement

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $7,704
  • Trash Expense $1,980
  • Water Sewer Expense $5,000
  • Operating Expense $9,540
  • Gross Income $8,350
  • Net Operating Income $86,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,024

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 17
  • Basement Description: Finished
  • Refrigerators: 7
  • Ranges: 7
  • Room: 0

Exterior Features

  • Exterior Building Type: Block,Stone

Utilities

  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 1980
  • Water Sewer Expenses: 5000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 86800
  • Insurance Expense: 7704
  • GrossIncome: 8350
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 9540
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8023.5
  • Tax Year: 2022

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
10/02/2024 10/02/24 Sold $635,000 -0.8% $93 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $640,000 -- $93 / Sq Ft
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: 12129238

Midwest Real Estate Data (MRED)

APN: 16232150260000