NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 21, 2018

Last sale price $360,000

190 Days on Market

Highlights

  • Forced Air Heating System
  • Nichols Middle School Rated A-
  • 2-minute walk to Grandmother Park

About This Home

As of March 2018

Outstanding opportunity for investors in prime Evanston location! Each unit in this brick 3-flat offers 2 bedrooms, 1 bath, living room, and eat-in kitchen, with hardwood floors and central A/C. Recent updates to big-ticket items have been completed and add enormously to the attractiveness of this property as an investment. Updates include new electric service and new roof, as well as recently replaced furnaces, A/C units, and hot water heaters in all units. The units each have their own furnace, water heater and A/C. Tenants pay gas & electric. Large side yard is completely fenced. This is a very solid income property as it is, or it could be considered for tear down to build new in this HOT corner of Evanston! Fully tenant occupied. Come see the potential. PLEASE NOTE: THIS PROPERTY CAN BE PURCHASED TOGETHER WITH 2-FLAT NEXT DOOR (1608 GREENLEAF) AT TOTAL LIST PRICE OF $625,000. *** 24-HOUR MINIMUM NOTICE REQUIRED FOR SHOWINGS.

Last Agent to Sell the Property

Doug Wirebaugh

Coldwell Banker Realty Listed on: 06/07/2017

Last Buyer's Agent

Nick Powers

Baird & Warner License #475122366

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • 1906

Lot Details

  • 3,049

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Net Operating Income $26,394

Property Details

Home Type

Multi-Family

Year Built

1906

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Zoning Type: MULTI
  • Estimated Year Built: 1906
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Number Of Rooms: 12
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Rubber, Flat Roof
  • Acreage: 0.07

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Space Heater/s

Fee Information

  • Gross Expenses: 11706

Schools

  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 62X50
  • Parcel Identification Number: 10242160410000

Rental Info

  • Gross Rental Income: 38100
  • Total Rental Income: 38100

Multi Family

  • Total Number Unitsin Building: 3
  • Full Baths In Building: 3
  • Net Operating Income: 26394

Tax Info

  • Taxes: 7595.92

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $360,000 0.0% --
12/14/2017 12/14/17 Pending -- -- --
12/12/2017 12/12/17 Off Market $360,000 -- --
06/07/2017 06/07/17 For Sale $350,000 -- --
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 $8,674 $48,699 $6,633 $42,066
2024 $8,674 $35,363 $5,553 $29,810
2023 $9,051 $38,466 $5,553 $32,913
2022 $9,051 $38,466 $5,553 $32,913
2021 $8,017 $29,810 $3,702 $26,108
2020 $7,908 $29,810 $3,702 $26,108
2019 $8,484 $35,741 $3,702 $32,039
2018 $7,867 $28,337 $3,085 $25,252
2017 $8,011 $29,634 $3,085 $26,549
2016 $7,596 $29,634 $3,085 $26,549
2015 $6,109 $22,464 $2,545 $19,919
2014 $6,365 $23,633 $2,545 $21,088
2013 $6,218 $23,633 $2,545 $21,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09638451

Midwest Real Estate Data (MRED)