$775,000
SOLD NOV 19, 2024
8 Beds
5 Baths
3,465 Sq Ft
-- Built

Recently Sold

$224 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Deck
  • 2-minute walk to 18Th Street Station
  • 5-minute walk to Harrison Park
  • 2 Car Detached Garage

About This Home

As of November 2024

Fantastic investment opportunity featuring a turnkey, full brick 3-flat with 2 car garage in the heart of Pilsen. Three sunny and spacious units: 5 Room 3BD/1BTH on first floor, 5 Room 2BD/1BTH on 2nd floor, and massive 3BD/2.1BTH Penthouse duplex up. Wonderful curb appeal. New tear off roof 2023. All three feature hardwood floors throughout, gas forced heat and central air, in unit laundry, private entrances, and abundant outdoor space from large rear decks and common rear yard. Numerous improvements over long time ownership yet still major potential for value add. Pink line is a short walk away in addition to all the restaurants and shopping on 18th Street, this location simply can't be beat and makes leasing a breeze.

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 10/08/2024

Co-Listed By

Staci Slattery

North Clybourn Group, Inc. License #471017646

Last Buyer's Agent

Greg Vinn

Real Broker LLC License #475175441

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,078

Year Renovated

  • 2011

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms
  • Dual Sinks
  • Separate Shower

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Schools

  • Cooper Elementary School Dual La
  • Juarez High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 25 x 125

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Building Details

  • Insurance Expense $2,500
  • Water Sewer Expense $1,250
  • Gross Income $71,580
  • Net Operating Income $56,360

Additional Features

  • 3 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,078

Year Renovated

2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Cathedral Ceilings,Hardwood Floors,Skylights/Windows

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 1250
  • Other Expenses $: 250

Schools

  • Elementary School: Cooper Elementary School Dual La
  • High School: Juarez High School

Lot Info

  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 56360
  • Insurance Expense: 2500
  • GrossIncome: 71580
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,Other

Tax Info

  • Tax Annual Amount: 10078.4
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

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 List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $775,000 +0.8% $224 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $769,000 -- $222 / Sq Ft
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: 12182391

Midwest Real Estate Data (MRED)

APN: 17194070050000