NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1895 Built

Last Sold July 12, 2024

Last sale price $585,000

7 Days on Market

Highlights

  • Porch
  • Soaking Tub
  • Intercom

About This Home

As of July 2024

Woodlawn / University of Chicago / Obama Center remodeled legal 3-Unit brick building with full unfinished basement (high ceiling). Light filled units. Two 3-bed and One 2-Bed. Opportunity to duplex down first floor unit. Updated plumbing, electric and central HVAC. Washer/dryer hookups and water heater in unit. Hardwood flooring. Newer windows. Tear off roof (2012) and silver coated. Modern design layout. Each unit lives like a single family home. Rear deck, common yard and parking pad. Fully rented. Owner occupant opportunity. Located on a one-way street and one block to Jackson Park, walk to beaches and Lake Michigan. A few blocks to the Obama Center, YMCA. Walk to University of Chicago / Hyde Park. Walk to Metra electric and bus transportation to downtown.

Last Agent to Sell the Property

Steven Katz

@properties Christie's International Real Estate License #475118836 Listed on: 05/29/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Kyla Hawkins

Coldwell Banker Realty License #475188114

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,960

Year Built

  • Built in 1895 | Remodeled in 2012

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Wadsworth Elementary School
  • Hyde Park Career Academy Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Porch
  • Lot Dimensions are 25x125

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $520
  • Insurance Expense $3,800
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,960

Year Built

Built in 1895 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, Intercom, CO Detectors
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 1600

Schools

  • Elementary School: Wadsworth Elementary School
  • High School: Hyde Park Career Academy Senior

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 3800
  • ElectricExpense: 520
  • Maintenance Expense: 1500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3960
  • Tax Year: 2022
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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
07/12/2024 07/12/24 Sold $585,000 +11.4% --
06/06/2024 06/06/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $524,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $4,077 $40,000 $3,906 $36,094
2024 $4,077 $40,000 $3,906 $36,094
2023 $3,960 $19,252 $3,906 $15,346
2022 $3,960 $19,252 $3,906 $15,346
2021 $3,871 $19,252 $3,906 $15,346
2020 $3,657 $16,415 $3,437 $12,978
2019 $3,706 $18,444 $3,437 $15,007
2018 $4,261 $21,569 $3,437 $18,132
2017 $3,865 $17,956 $3,125 $14,831
2016 $3,596 $17,956 $3,125 $14,831
2015 $3,626 $19,787 $3,125 $16,662
2014 $3,076 $16,578 $2,500 $14,078
2013 $3,015 $16,578 $2,500 $14,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12067064

Midwest Real Estate Data (MRED)