NOT LISTED FOR SALE
-- Beds
6 Baths
9,150 Sq Ft
6,250 Sq Ft Lot

Sale Details

Date Sold: August 4, 2025

Last sale price $2,320,000 $254 Per Sq Ft

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
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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
  • Unfinished Basement

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

6,250 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 27, 2025
Sold by
Howl Series Llc 1460
Bought by
Seller's Agent
Karen Schwartz
Baird & Warner
Buyer's Agent
Karen Schwartz
Baird & Warner
List Price
$2,500,000
Sold Price
$2,320,000
Premium/Discount to List
-$180,000
-7.2%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,205,750
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2012
Sold by
1460 West Warner Llc
Bought by
Howl Series Llc 1460

Purchase Details

Closed on
Sep 8, 2005
Sold by
North Star Trust Co
Bought by
1460 West Warner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,077,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1999
Sold by
Chicago Title Land Trust Company
Bought by
Mid Town Bank & Trust Company Of Chicago and Trust #2263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Graceland West, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,320,000 None Listed On Document
Howl Series Llc 1460 -- None Available
1460 West Warner Llc -- Chicago Title Insurance Comp
Mid Town Bank & Trust Company Of Chicago $837,000 Mercury Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,980,000
Closed Ncch Llc $2,205,750
Previous Owner 1460 West Warner Llc $1,077,000
Previous Owner Mid Town Bank & Trust Company Of Chicago $669,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 For Sale $2,500,000 -- $273 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $43,143 $204,011 $69,688 $134,323
2024 $43,143 $204,011 $69,688 $134,323
2023 $43,902 $204,480 $56,250 $148,230
2022 $43,902 $213,447 $56,250 $157,197
2021 $42,922 $213,447 $56,250 $157,197
2020 $26,339 $118,234 $36,250 $81,984
2019 $27,799 $138,364 $36,250 $102,114
2018 $30,802 $155,932 $36,250 $119,682
2017 $30,679 $142,514 $31,250 $111,264
2016 $28,544 $142,514 $31,250 $111,264
2015 $26,115 $142,514 $31,250 $111,264
2014 $21,853 $117,781 $25,000 $92,781
2013 $21,421 $117,781 $25,000 $92,781
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12333694

Midwest Real Estate Data (MRED)

APN: 14173090260000

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