$1,155,000
SOLD MAY 23, 2025
6 Beds
4 Baths
-- Sq Ft
-- Built

Recently Sold

3% Below List Price

12 Days on Market

Highlights

  • Rooftop Deck
  • Property is near a park
  • Steam Shower
  • Gated Community
  • Victorian Architecture
  • 4-minute walk to Bickerdike (George) Square Park

About This Home

As of May 2025

All above grade brick legal 3 unit multi-family building in booming West Town (near Chicago & Ashland) with nearly $100k in gross income and room to grow. Perfect for an owner occupied buyer or small investor. Chicago Ave corridor is sizzling HOT with many new restaurants and bars along with updated parks. Units are easy to rent, with it's close proximity to infrastructure, downtown, future casino and public transportation (never a vacancy). Recent updates to all units including in unit washer/dryers, updated kitchens, bamboo lament flooring, electrical system, crawl space encapsulation, security camera system, new furnace and tankless boiler, prewired for fiber internet, and much more! Garage parking for 2 cars and fenced/landscaped yard. Owners unit is duplex up 3 bed/2 bath with 2 private decks and is rented MTM. Other 1bed/1bath and 2bed/1bath units on first floor generating over $4k/month. Live in largest unit for low monthly cost or live in smaller unit and generate income! 6.5% CAP rate! Must see and priced to sell! *Designated Managing Broker owned. *Property sold as is.

Last Agent to Sell the Property

Keith Hales

CP2 Realty, Inc. License #471012774 Listed on: 04/15/2025

Last Buyer's Agent

Megan Osberger

Kale Realty License #475202207

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,298

Year Renovated

  • 2017

Lot Details

  • Lot Dimensions are 25x125
  • Fenced

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms
  • Steam Shower

Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Intercom
  • Video Cameras

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • High Speed Internet
  • TV Antenna

Additional Features

  • Ceiling Fan
  • Rooftop Deck
  • Property is near a park

Community Details

Building Details

  • Electric Expense $180
  • Fuel Expense $760
  • Insurance Expense $3,156
  • Maintenance Expense $1,200
  • Water Sewer Expense $985
  • Gross Income $99,940
  • Net Operating Income $77,672

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,298

Year Renovated

2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • MRD_WaterViewYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Unfinished, Crawl Space, Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: TV Antenna, Intercom, Ceiling Fan(s), Sump Pump, Security Cameras, Internet-Fiber, Water Heater-Gas
  • Bathroom Amenities: Steam Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Roof Deck
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Stone
  • List Price: 1195000
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Gated

Fee Information

  • Water Sewer Expenses: 985
  • Other Expenses $: 1690

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Water Heater

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 77672
  • Fuel Expense: 760
  • Insurance Expense: 3156
  • ElectricExpense: 180
  • GrossIncome: 99940
  • Maintenance Expense: 1200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 14298
  • Tax Year: 2023

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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 Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,155,000 -3.3% --
04/27/2025 04/27/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $1,195,000 +87.5% --
11/24/2014 11/24/14 Sold $637,500 -1.9% --
09/08/2014 09/08/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $650,000 -- --
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: 12302956

Midwest Real Estate Data (MRED)