NOT LISTED FOR SALE
11 Beds
8 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold March 12, 2015

Last sale price $1,450,000

31 Days on Market

About This Home

As of March 2015

Great opportunity to acquire a fully occupied six (6) unit brick construction Old Town property. Walking distance to the shops, restaurants, and bars of Chicago's coveted Wells Street/Old Town Neighborhood. The building consists of Two (2) two-bedroom, two-bath duplex apartments; One (1) three-bedroom, one-bath apartment; One (1) two-bedroom, one-bath; and Two (2) one-bedroom, one-bath apartment.

Last Agent to Sell the Property

Lindsey Delrahim

@properties Christie's International Real Estate License #475133337 Listed on: 01/12/2015

Last Buyer's Agent

Eileen Brennan

Baird & Warner License #471016009

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Central Air

Additional Features

  • Finished Basement

Community Details

  • Fuel Expense $524
  • Insurance Expense $3,193

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2013
  • Net Oper Income: 87531
  • Repairs Decor Expense: 1200
  • Roof Structure: Flat
  • Total Annual Exp: 36969
  • Total Annual Income: 124500
  • Total Monthly Income: 10375
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1890
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Basement: Finished

Exterior Features

  • Foundation: Block
  • Exterior Building Type: Brick
  • Acreage: 0.05
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas
  • Water Expense: 2130

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 417
  • Janitor Expense: 250

Lot Info

  • Lot Dimensions: 25 BY 100
  • Lot Sq Ft: 2524
  • Parcel Identification Number: 17042020470000

Rental Info

  • Gross Rental Income: 124500
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2013
  • Fuel Expense: 524
  • Insurance Expense: 3193
  • Other Expenses: 13133
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 16122

Range of Values:

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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 Change Sq Ft Price
03/12/2015 03/12/15 Sold $1,450,000 -10.8% --
02/12/2015 02/12/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $1,625,000 -- --
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: MRD08814735

Midwest Real Estate Data (MRED)

APN: 17042020470000