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

Sale Details

Date Sold: November 6, 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 Jeske

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

Last Buyer's Agent

Andrew Dorazio

Dorazio Real Estate LLC 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

3,125 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • 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 Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • 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

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
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11669
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Nov 6, 2023
Sold by
Bought by
Seller's Agent
Kathleen Jeske
Impero Properties
Buyer's Agent
Andrew Dorazio
Dorazio Real Estate LLC
List Price
$1,175,000
Sold Price
$1,025,000
Premium/Discount to List
-$150,000
-12.77%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
0.0731%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0382%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,025,000 None Listed On Document
$925,000 Attorney
$200,000 Cti
-- Cti
$85,000 Chicago Title Insurance Co
$85,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $760,000
Previous Owner $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,244 $85,001 $11,563 $73,438
2024 $12,244 $85,001 $11,563 $73,438
2023 $11,936 $58,033 $9,375 $48,658
2022 $11,936 $58,033 $9,375 $48,658
2021 $11,670 $58,032 $9,375 $48,657
2020 $8,299 $37,256 $7,343 $29,913
2019 $8,564 $42,627 $7,343 $35,284
2018 $9,121 $46,176 $7,343 $38,833
2017 $8,933 $44,870 $6,406 $38,464
2016 $8,487 $44,870 $6,406 $38,464
2015 $7,742 $44,870 $6,406 $38,464
2014 $7,218 $41,474 $5,625 $35,849
2013 $7,065 $41,474 $5,625 $35,849
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

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