NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1898 Built

Last Sold July 16, 2021

Last sale price $396,000

13 Days on Market

Highlights

  • Traditional Architecture
  • Soaking Tub
  • Outdoor Storage
  • 2 Car Detached Garage
  • Home Security System
  • 1-minute walk to Keystone Playlot Park

About This Home

As of July 2021

Many updates and options with this impeccably maintained investment gem located in up-in-coming Hermosa! A fantastic opportunity for any investor looking for a turnkey investment or owner occupant. Building has an untapped attic space that is outfitted with a small kitchen and bath. Could be a possible in-law option or a prospective duplex up. New roof 2017, newer water heaters, new garage 2017, new security system and new central air 2021! Rents below market value. Don't delay this investment property will go fast!

Last Agent to Sell the Property

Laura Meier

@properties Christie's International Real Estate License #475146376 Listed on: 04/22/2021

@properties Christie's International Real Estate

Co-Listed By

Angela Engelbrecht

Compass License #475166582

Last Buyer's Agent

James D'Astice

Compass License #475152334

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1898 | Remodeled in 2017

Parking

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

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Storage

Home Security

  • Home Security System
  • Storm Screens

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Schools

  • Nobel Elementary School
  • Noble Street Charter High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Ceiling Fan
  • Outdoor Storage

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1898 | Remodeled in 2017

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: Security System, Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Finished,Exterior Access,Storage Space,Walk-Up Access
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: None
  • OtherStructures: Garage(s), Storage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Schools

  • Elementary School: Nobel Elementary School
  • High School: Noble Street Charter High School
  • Junior High/Middle School #2: KELVYN PARK HIGH SCHOOL
  • Elementary School #2: MCAULIFFE ELEMENTARY SCHOOL

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 6131.82
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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 Prior Sale
07/16/2021 07/16/21 Sold $396,000 +1.5% --
05/06/2021 05/06/21 For Sale -- -- --
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $390,000 +69.6% --
01/17/2017 01/17/17 Sold $230,000 +4.5% -- View Prior Sale
09/07/2016 09/07/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $220,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $5,502 $44,001 $9,063 $34,938
2024 $5,502 $44,001 $9,063 $34,938
2023 $5,348 $26,773 $7,250 $19,523
2022 $5,348 $26,773 $7,250 $19,523
2021 $5,228 $26,000 $7,250 $18,750
2020 $5,847 $26,247 $4,531 $21,716
2019 $6,132 $30,520 $4,531 $25,989
2018 $6,412 $32,460 $4,531 $27,929
2017 $7,510 $34,885 $3,987 $30,898
2016 $7,631 $38,099 $3,987 $34,112
2015 $6,981 $38,099 $3,987 $34,112
2014 $5,999 $32,335 $3,625 $28,710
2013 $6,514 $35,816 $3,625 $32,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11062733

Midwest Real Estate Data (MRED)
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