$1,500,000
NEW CONSTRUCTION

Estimated payment $8,482/month

Total Views 9,525
12 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

No expense was spared in this 1st class property in Pilsen/Little Village 4 unit. Can also be 3 unit as 1st two floors are currently combined with making a 12 room/6 bedroom/4 bath unit. Located directly across from iconic Douglass Park, this brick and glass new construction property was completed this month and is now ready for occupancy. Features include, floor to ceiling European custom windows that open 15 feet +, wall to ceiling tiles and quartz countertops, high tech mirrors, rear balconies, and an amazing rooftop overlook Chicago's skyline on one side and the amazing park on the other. -Ready for immediate occupancy and/or rental -New Construction 4 Unit Property In the Heart of Chicago! -Best Property in Pilsen/Little Village! -Tremendous upside with no deferred maintenance for 20 years! -Nothing beats new construction!

Listing Agent

Paul Tsakiris

First Western Properties License #471005153 Listed on: 11/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 30x131

Home Design

  • Slab Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $4,500
  • Maintenance Expense $500
  • Professional Management Expense $1,200
  • Water Sewer Expense $1,428
  • Gross Income $141,000
  • Net Operating Income $122,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: Yes
  • Professional Management Expense: 1200
  • Year Built: 2024
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 8
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Skylights/Windows,Walk-In Closet,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Skylights/Windows,Walk-In Closet,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Skylights/Windows,Walk-In Closet,Accessible Entrance
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Skylights/Windows,Walk-In Closet,Accessible Entrance
  • Room: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 1500000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Glass

Garage/Parking

  • Parking Features: Off Street, Visitor Parking
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 1428
  • Trash Expense Year: 2024

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X131
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 122422
  • Insurance Expense: 4500
  • GrossIncome: 141000
  • Maintenance Expense: 500
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3900
  • Tax Year: 2023

MLS Schools

  • Othr Public Sch: Saint Ignatious

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $818 $4,785 $4,785 --
2023 $797 $3,878 $3,878 --
2022 $797 $3,878 $3,878 $0
2021 $780 $3,877 $3,877 $0
2020 $864 $3,877 $3,877 $0
2019 $779 $3,877 $3,877 $0
2018 $766 $3,877 $3,877 $0
2017 $746 $3,465 $3,465 $0
2016 $694 $3,465 $3,465 $0
2015 $635 $3,465 $3,465 $0
2014 $643 $3,465 $3,465 $0
2013 $630 $3,465 $3,465 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 For Sale $1,500,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12210653

Midwest Real Estate Data (MRED)

APN: 16-24-400-014-0000