$916,825
SOLD MAR 12, 2025
15 Beds
12 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

5% Above List Price

7 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 5-minute walk to Jackson Park
  • Soaking Tub

About This Home

As of March 2025

This stunning jumbo double-wide legal 4-unit apartment building is perfectly situated in the thriving and highly desirable East Woodlawn neighborhood of Chicago, just steps from Lake Michigan, the University of Chicago and the upcoming Obama Presidential Library, . A true gem for investors and owner-occupants alike, this stately brick building has been completely renovated and offers a rare combination of modern luxury, spacious layouts, and incredible income potential. The property features three oversized units, each boasting over 2,200 square feet, 4 bedrooms, and 3 full bathrooms, along with a garden unit offering 3 bedrooms and 3 full bathrooms. A new owner has the unique opportunity to select tenants or occupy the unit of their choice. Fully leased, the property is projected to generate over $110,000 in annual rental income. Each unit is meticulously designed with condo-quality finishes, including stainless steel appliances, gleaming hardwood floors, granite or quartz countertops, breakfast bars, walk-in closets, and washer/dryer hookups. Residents will enjoy modern conveniences with dedicated gas and electric services, individual HVAC systems, and spacious layouts designed for comfortable living. Outdoor amenities include large rear decks perfect for relaxation or entertaining, as well as a generous parking pad that accommodates 5-6 or more vehicles. This gorgeous building combines timeless curb appeal with top-tier functionality, making it a standout property in a neighborhood poised for continued growth and revitalization. Whether you're an investor seeking high returns or a homeowner looking for luxury with rental income, this property is ready to meet your needs. All loan types and cash offers will be considered, so don't miss this exceptional opportunity to own a truly remarkable piece of Woodlawn real estate!

Last Agent to Sell the Property

Tyler Weekes

Star Realty & Management License #475174404 Listed on: 01/28/2025

Last Buyer's Agent

Chikuan Wu

Baird & Warner License #475177823

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,988

Year Built

  • Built in 1905 | Remodeled in 2009

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Potential Bedrooms
  • 12 Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Parking

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $5,800
  • Maintenance Expense $3,600
  • Water Sewer Expense $5,200
  • Gross Income $114,000
  • Net Operating Income $86,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,988

Year Built

Built in 1905 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: Full
  • Total Bathrooms: 12
  • Total Bedrooms: 15
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 5200

Lot Info

  • Lot Dimensions: 5000
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 86492
  • Insurance Expense: 5800
  • ElectricExpense: 420
  • GrossIncome: 114000
  • Maintenance Expense: 3600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Story Unit/s

Tax Info

  • Tax Annual Amount: 6987.57
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

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Value Increase
--
Percent Increase
--
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 Prior Sale
03/12/2025 03/12/25 Sold $916,825 +4.8% --
02/04/2025 02/04/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $875,000 +80.4% --
07/03/2018 07/03/18 Sold $485,000 +8.0% -- View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $449,000 -- --
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: 12266643

Midwest Real Estate Data (MRED)