NOT LISTED FOR SALE
7 Beds
4 Baths
3,250 Sq Ft
-- Built

Last Sold October 18, 2024

Last sale price $770,000 $237 Per Sq Ft

4 Days on Market

Highlights

  • Gated Community
  • Property is near a park
  • 2 Car Detached Garage
  • Deck
  • Fenced Yard
  • 3-minute walk to Maplewood Park

About This Home

As of October 2024

Incredible investment just steps from the "606" Park Trail. Legal 3-unit building with additional Two Bed/One Bath Garden Unit. Impeccably maintained by current owner with numerous updates to the property over the last 10 years. New roof 2013 and under warranty, Updated Rear Deck, updated kitchens and appliances. Value-add opportunity for rental increase and surrounded by new construction. Each unit has separate utilities and water heaters. All units have gas heating with individual newer furnaces. There are oak wood flrs under carpet on 1st fl. 3rd fl unit has gas-forced central air. Common area washer/dryer in basement. 2-Car Garage and only 1 space leased to 2nd floor tenants. Walking distance to Blue Line and tons of restaurants, nightlife and shopping in the area.

Last Agent to Sell the Property

Deborah Ryder

American International Realty License #475138187 Listed on: 08/08/2024

American International Realty

Last Buyer's Agent

Stephany Oliveros

Real Broker LLC License #471005028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,764

Lot Details

  • Lot Dimensions are 24x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Stamped Concrete Patio
  • Breezeway

Location

  • Property is near a park

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Community Details

Building Details

  • Insurance Expense $3,872
  • Water Sewer Expense $1,800
  • Gross Income $66,000

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,764

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: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Deck, Stamped Concrete Patio, Storms/Screens, Cable Access, Breezeway
  • Foundation Details: Stone
  • Lot Features: Fenced Yard
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

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, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 3872
  • GrossIncome: 66000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11763.73
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/18/2024 10/18/24 Sold $770,000 +0.7% $237 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $765,000 -- $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: 12133447

Midwest Real Estate Data (MRED)

APN: 13364320020000