NOT LISTED FOR SALE
10 Beds
4 Baths
-- Sq Ft
1895 Built

Sale Details

Date Sold: June 7, 2022

Last sale price $487,900

19 Days on Market

Highlights

  • Lower Floor Utility Room
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard
  • Soaking Tub
  • Multiple Water Heaters

About This Home

As of June 2022

Deluxe Woodlawn 2 unit with garden apt. on rarely available 5,000sf lot. Surrounded by New Construction & Condos. Property is a 1/2 block away from Jackson Park. 5 minute walk to Lake Michigan or the University Of Chicago. 1st floor 3 bedrooms 1 bath (approx 1,000sf), Second floor unit is approximately 1900sf (5 bedrooms, 1.5 baths deluxe duplex), garden apartment has 2 bedrooms. Coin Laundry in the basement. Newer hardwood floors on 1st & 2nd floor. There is a 4 car brick garage and fenced front and back yard. All units are separately metered. 3 newer heating systems, 2 new a/c units. Great. Currently the top floor is vacant while the property is for sale to accommodate easy showings. Previous Tenant was paying $1500/mo. Well cared for property in sought after Woodlawn area.

Last Agent to Sell the Property

Adam Haleem

Network Property Managment LLC License #475191917 Listed on: 03/15/2022

Co-Listed By

Neil Haleem

Network Property Managment LLC License #471010714

Last Buyer's Agent

Elijah Richardson

RE/MAX Premier License #475176014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1895 | Remodeled in 2017

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Interior Spaces

  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $680
  • Insurance Expense $1,400
  • Water Sewer Expense $2,200
  • Gross Income $46,500
  • Net Operating Income $37,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,471

Year Built

Built in 1895 | Remodeled in 2017

Parking

4

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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Sump Pump, Multiple Water Heaters
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Other

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2200
  • Other Expenses $: 800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 37949
  • Insurance Expense: 1400
  • ElectricExpense: 680
  • GrossIncome: 46500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3471
  • Tax Year: 2020

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
Mar 15, 2022
Closed on
Jun 2, 2022
Sold by
Bought by
Seller's Agent
Adam Haleem
Network Property Managment LLC
Buyer's Agent
Elijah Richardson
RE/MAX Premier
List Price
$487,900
Sold Price
$487,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,179
Interest Rate
0.0458%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.0487%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2010
Sold by
Bought by

Purchase Details

Closed on
May 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.062%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
0.062%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$487,000 None Listed On Document
-- --
-- None Available
-- Servicelink
$43,000 Servicelink
-- None Available
-- None Available
$350,000 Marquis Title
-- Ticor Title Ins Co 1998
$302,000 Cti
-- Multiple
$111,000 First American Title
-- --
-- Chicago Title Insurance Co
$19,500 Chicago Title Insurance Co
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 $48,759
Closed $53,382
Open $478,179
Previous Owner $140,000
Previous Owner $280,000
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
06/07/2022 06/07/22 Sold $487,900 0.0% --
04/04/2022 04/04/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $487,900 0.0% --
03/22/2022 03/22/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $487,900 -- --
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 $2,964 $48,000 $6,250 $41,750
2024 $2,964 $48,000 $6,250 $41,750
2023 $2,880 $14,000 $6,250 $7,750
2022 $2,880 $14,000 $6,250 $7,750
2021 $2,815 $14,000 $6,250 $7,750
2020 $3,471 $15,583 $5,500 $10,083
2019 $3,518 $17,509 $5,500 $12,009
2018 $3,459 $17,509 $5,500 $12,009
2017 $4,153 $19,290 $5,000 $14,290
2016 $3,864 $19,290 $5,000 $14,290
2015 $3,535 $19,290 $5,000 $14,290
2014 $3,370 $18,164 $4,000 $14,164
2013 -- $18,164 $4,000 $14,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11347862

Midwest Real Estate Data (MRED)
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