NOT LISTED FOR SALE
12 Beds
7 Baths
5,000 Sq Ft
3,125 Sq Ft Lot

Last Sold November 06, 2023

Last sale price $1,025,000 $205 Per Sq Ft

159 Days on Market

About This Home

As of November 2023

Handsome, renovated brick building with seven updated units: five on floors one and two, plus a sunny garden apartment, a stellar coachhouse and a recently refurbished coin-laundry room. Well-maintained and easy to lease property in a quiet area, with available street parking and outdoor space for each unit. Premium upgrades could support generous rental increases! Easy walking distance to CTA Pink Line and CTA bus routes for quick commutes to Loop, UIC and Illinois Medical District. Pilsen dining, entertainment and culture are just minutes away - one of Forbe's "Coolest Neighborhoods".

Last Agent to Sell the Property

Kathleen Newell

Impero Properties License #475184350 Listed on: 04/12/2023

Last Buyer's Agent

Andrew Dorazio

Fitzgerald Real Estate Inc. License #471022724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1920

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $5,285
  • Maintenance Expense $5,500
  • Trash Expense $1,702
  • Water Sewer Expense $2,705
  • Operating Expense $27,161
  • Gross Income $106,620
  • Net Operating Income $81,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,669

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 12
  • Basement Description: Crawl
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1100000
  • Roof: Membrane
  • Exterior Building Type: Brick,Stucco
  • Roof Structure: Flat

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Utilities: Water-Municipal
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1702
  • Water Sewer Expenses: 2705
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5000

Multi Family

  • Net Operating Income: 81958
  • Insurance Expense: 5285
  • ElectricExpense: 300
  • GrossIncome: 106620
  • Maintenance Expense: 5500
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 27161
  • Expense Year: 2022
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11669
  • Tax Year: 2021

Range of Values:

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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 Change Sq Ft Price
11/06/2023 11/06/23 Sold $1,025,000 -6.8% $205 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $1,100,000 -6.4% $220 / Sq Ft
04/12/2023 04/12/23 For Sale $1,175,000 -- $235 / 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: 11757293

Midwest Real Estate Data (MRED)

APN: 17-19-417-024