NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1920 Built

Sale Details

Date Sold: November 30, 2021

Last sale price $830,000

106 Days on Market

Highlights

  • Deck
  • 4-minute walk to 18Th Street Station
  • Patio
  • Fenced Yard
  • Balcony
  • 4-minute walk to Harrison Park

About This Home

As of November 2021

Looking for a income generating property in a high rent traffic area? This is it! This 3 unit property was full renovated with high quality finishes throughout in 2019, including 10 foot tall ceilings on the 3rd floor, and 8 foot ceilings on the other 2 units, each unit features new Samsung appliances, quartz counters, in unit laundry for all 3 units. Each unit has its own central air and heat as well. 2/3 units are currently rented until spring of 2022, the owner resides in the 3rd unit. Making this perfect for the owner to reside at the property or rent it out, which won't be a problem, close to the University of Illinois-Chicago, public transportation and everything Pilsen has to offer! There are 3 parking spaces off the alley. You will find that the owner spared no expense in the remodel of this building. This investment property is ready for its new owner!

Last Agent to Sell the Property

David Hoff

Boutique Home Realty License #475189806 Listed on: 05/29/2021

Last Buyer's Agent

Barbara Gil

Coldwell Banker Realty License #475154857

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,062

Year Built

  • Built in 1920 | Remodeled in 2019

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Dual Sinks
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Balcony
  • Deck
  • Patio

Lot Details

  • Lot Dimensions are 125 x 24
  • Fenced Yard

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $74,400
  • Net Operating Income $60,913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,062

Year Built

Built in 1920 | Remodeled in 2019

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: Security System, CO Detectors, Sump Pump, Multiple Water Heaters
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Cathedral Ceilings,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125 X 24
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 60913
  • GrossIncome: 74400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6062.1
  • Tax Year: 2019
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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
11/30/2021 11/30/21 Sold $830,000 -7.8% --
09/19/2021 09/19/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $900,000 +420.2% --
01/24/2018 01/24/18 Sold $173,000 0.0% -- View Prior Sale
01/12/2018 01/12/18 Off Market $173,000 -- --
10/06/2017 10/06/17 For Sale $190,000 +9.8% --
09/30/2017 09/30/17 Off Market $173,000 -- --
07/19/2017 07/19/17 Pending -- -- --
07/13/2017 07/13/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $190,000 0.0% --
02/12/2017 02/12/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $190,000 0.0% --
01/03/2017 01/03/17 Pending -- -- --
07/22/2016 07/22/16 For Sale $190,000 -- --
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 $7,174 $39,000 $11,100 $27,900
2024 $7,174 $39,000 $11,100 $27,900
2023 $6,993 $34,000 $9,000 $25,000
2022 $6,993 $34,000 $9,000 $25,000
2021 $6,837 $34,000 $9,000 $25,000
2020 $5,848 $26,250 $7,050 $19,200
2019 $6,062 $30,173 $7,050 $23,123
2018 $5,960 $30,173 $7,050 $23,123
2017 $4,521 $21,001 $6,150 $14,851
2016 $4,206 $21,001 $6,150 $14,851
2015 $3,848 $21,001 $6,150 $14,851
2014 $3,900 $21,019 $5,400 $15,619
2013 $3,823 $21,019 $5,400 $15,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11105587

Midwest Real Estate Data (MRED)
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