$845,000
SOLD APR 17, 2025
8 Beds
5 Baths
-- Sq Ft
1921 Built

Recently Sold

4 Days on Market

About This Home

As of April 2025

Fantastic investment opportunity in the vibrant Pilsen neighborhood! This property features two buildings with a total of four well-maintained units, perfect for maximizing rental income. The units include in-unit laundry for added convenience, appealing to potential tenants. Each unit has its own meters, allowing tenants to remit for their utilities directly, streamlining management for you. The location is unbeatable, with easy access to the expressway, train, and public transportation, making it a commuter's dream. Buildings are very well maintained. Enjoy the benefits of great dining, public transportation and entertainment options nearby. Don't miss out on this income-generating property in a sought-after area-schedule your showing today!

Last Agent to Sell the Property

Teresa Del Toro

@properties Christie's International Real Estate License #475127007 Listed on: 01/05/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Yaoying Dai

Century 21 S.G.R., Inc. License #475208262

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,309

Year Built

  • Built in 1921

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,250
  • Water Sewer Expense $2,700
  • Gross Income $8,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,309

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Patio And Porch Features: Deck
  • Waterfront: No

Utilities

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

Fee Information

  • Water Sewer Expenses: 2700
  • Trash Expense Year: 2580

Lot Info

  • Lot Dimensions: 3100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 3250
  • GrossIncome: 8850
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Coach House

Tax Info

  • Tax Annual Amount: 17309
  • Tax Year: 2023
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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
04/17/2025 04/17/25 Sold $845,000 0.0% --
01/09/2025 01/09/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $845,000 -- --
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 $17,755 $87,000 $11,470 $75,530
2024 $17,755 $87,000 $11,470 $75,530
2023 $17,309 $84,153 $9,300 $74,853
2022 $17,309 $84,153 $9,300 $74,853
2021 $16,922 $84,153 $9,300 $74,853
2020 $8,046 $36,116 $7,285 $28,831
2019 $8,340 $41,513 $7,285 $34,228
2018 $8,200 $41,513 $7,285 $34,228
2017 $9,948 $46,212 $6,355 $39,857
2016 $9,256 $46,212 $6,355 $39,857
2015 $9,360 $51,079 $6,355 $44,724
2014 $7,463 $40,223 $5,580 $34,643
2013 $7,316 $40,223 $5,580 $34,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12263592

Midwest Real Estate Data (MRED)