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

Last Sold November 12, 2019

Last sale price $875,000

227 Days on Market

About This Home

As of November 2019

Solid 3,402 square foot brick original Chicago 1800's 6 unit apartment building right off of hot 18th Street in the heart of Chicago's Pilsen Neighborhood!! All units are 2 bedrooms with one bathroom!! Gorgeous original solid hardwood flooring in each unit along with the original gorgeous doors and staircases! Tenants are responsible for their own gas and electric with each unit having its own hot water tank, furnace, electrical breaker panel and meter. Basement has one partially finished 7th unit and another 8th unit which has been demolished. 3 stairwells with 2 enclosed inside the building and exterior rear stairs with balconies for each of the 3 rear facing units. 2 car garage and patio area!! Roof was done 5 years ago!! 2 separate attic areas. Alley was recently repaved by the City of Chicago with brick pavers!! The possibilities are endless with this historic Chicago gem!

Last Agent to Sell the Property

Giuseppe Zerillo

Zerillo Realty Inc. License #471018051 Listed on: 01/16/2019

Last Buyer's Agent

Jason Dell

@properties Christie's International Real Estate License #475169587

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1895

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Partially Finished Basement

  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $4,209

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, hot water
  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 55153
  • Total Annual Exp: 12048
  • Total Annual Income: 67200
  • Total Monthly Income: 5600
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1895
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Basement: Partially Finished, Exterior Access, Bathroom Rough-In

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.07
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 2

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s
  • Heatventilation: Forced Air, Gas, Separate Per Unit

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 563
  • Electrical Service: Circuit Breakers, Separate Meters
  • Janitor Expense: 960

Lot Info

  • Lot Dimensions: 125X25
  • Lot Sq Ft: 3150
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 17203060310000

Rental Info

  • Gross Rental Income: 67200
  • Tenant Pays: Air Conditioning, Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2018
  • Gross Rent Multiplier: 15
  • Insurance Expense: 4209

Tax Info

  • Taxes: 6316

Range of Values:

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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 Change Sq Ft Price
11/12/2019 11/12/19 Sold $875,000 -12.5% --
08/31/2019 08/31/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $999,999 -9.1% --
05/10/2019 05/10/19 Price Changed $1,100,000 -8.3% --
03/25/2019 03/25/19 Price Changed $1,199,999 -7.7% --
01/16/2019 01/16/19 For Sale $1,299,999 -- --
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: MRD10250834

Midwest Real Estate Data (MRED)

APN: 17203060310000