NOT LISTED FOR SALE
42 Beds
21 Baths
-- Sq Ft
6,098 Sq Ft

Last Sold February 07, 2020

Last sale price $415,000

34 Days on Market

About This Home

As of February 2020

A Great Investment Property For Investors, This Historical 6 Unit Building Is Located In A Great Opportunity Area, Close To Shopping Stores, Lake Michigan, The Upcoming Obama Library and Tiger Wood Golf Course, This Building Has 2Bedroom 1Bathroom With The Opportunity To Be A 3 Bedroom, Very Spacious With Lots Of Space, This Property Comes With A 4 Car Brick Garage With A Updated Roof, The After Market Vaule For This Property Is $800k, So Schedule Your Showing Today Become The Owner Of This 6 Unit Beauty

Last Agent to Sell the Property

Chantrelle Cross

Realty of America, LLC License #471020792 Listed on: 12/03/2019

Realty of America, LLC

Last Buyer's Agent

Ryan Kissinger

33 Realty License #475181341

Property Details

Home Type

  • Multi-Family

Year Built

  • 1921

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $7,200
  • Insurance Expense $2,200

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1921

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Outdoor Parking: 1-5 Spaces
  • Roof Structure: Flat
  • Scavenger Expense: 4800
  • Total Annual Income: 60000
  • Total Monthly Income: 6000
  • Number of Ranges: 5
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1921

Interior Features

  • Basement: Unfinished
  • Total Fireplaces: 6

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.14

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Radiators
  • Water Expense: 2800

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 384

Lot Info

  • Lot Dimensions: 6250
  • Parcel Identification Number: 20234170050000

Rental Info

  • Gross Rental Income: 72000
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 7200
  • Insurance Expense: 2200
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 5201
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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
02/07/2020 02/07/20 Sold $415,000 -12.6% --
01/06/2020 01/06/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $475,000 -- --
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 $4,101 $56,001 $7,813 $48,188
2024 $4,101 $56,001 $7,813 $48,188
2023 $3,984 $19,370 $7,813 $11,557
2022 $3,984 $19,370 $7,813 $11,557
2021 $3,895 $19,369 $7,812 $11,557
2020 $1,972 $9,474 $6,875 $2,599
2019 $3,303 $19,868 $6,875 $12,993
2018 $3,246 $19,868 $6,875 $12,993
2017 $5,201 $27,537 $6,250 $21,287
2016 $5,015 $27,537 $6,250 $21,287
2015 $4,565 $27,537 $6,250 $21,287
2014 $4,696 $27,880 $5,000 $22,880
2013 $4,592 $27,880 $5,000 $22,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10585239

Midwest Real Estate Data (MRED)

APN: 20234170050000

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