$2,320,000
SOLD AUG 4, 2025
-- Bed
-- Bath
9,150 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

7% Below List Price

21 Days on Market

Highlights

  • 6 Fireplaces
  • Forced Air Heating and Cooling System
  • 1-minute walk to Warner Garden Park
  • Ravenswood Elementary School Rated A-

About This Home

As of August 2025

Gorgeous vintage 6 unit building on a beautiful street in a coveted pocket of the Graceland West neighborhood! This building sits on a 50x125 lot and consists of 6 stunning oversized vintage 2 BR/2 Bath units. The building has been meticulously maintained and well cared for. Each unit has central HVAC, in-unit laundry, updated plumbing and electric, outdoor space, beautiful moldings, and large, open layouts. There is rare garage parking, with five individual garages. The large basement has storage for each of the units. Each unit is separately metered. Rental rates are currently below market value. This building is also primed for condo conversion. You will love the location, just blocks from Southport Corridor. Once in a generation opportunity!

Last Agent to Sell the Property

Karen Schwartz

Baird & Warner License #475157300 Listed on: 04/28/2025

Baird & Warner

Last Buyer's Agent

Karen Schwartz

Baird & Warner License #475157300 Listed on: 04/28/2025

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,250

Year Built

  • Built in 1921

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,150 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $11
  • Insurance Expense $5,320
  • Manager Expense $10,191
  • Trash Expense $7,389
  • Water Sewer Expense $8,500
  • Operating Expense $47,250
  • Gross Income $183,708
  • Net Operating Income $131,303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,250

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 1921
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 6
  • Fireplaces: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces,Detached

Utilities

  • Cooling: Central Air
  • Electric: Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Condo/Co-op/Association

  • Manager Expense: 10191
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 7389
  • Water Sewer Expenses: 8500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6250
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

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

Building Info

  • BuildingAreaTotal: 9150

Multi Family

  • Net Operating Income: 131303
  • Insurance Expense: 5320
  • ElectricExpense: 11
  • GrossIncome: 183708
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 47250
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 47250
  • Tax Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/04/2025 08/04/25 Sold $2,320,000 -7.2% $254 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $2,500,000 0.0% $273 / Sq Ft
04/28/2025 04/28/25 For Sale $2,500,000 -- $273 / 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: 12333694

Midwest Real Estate Data (MRED)

APN: 14173090260000