NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1890 Built

Last Sold September 20, 2023

Last sale price $907,500

93 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 1-minute walk to Dean (John) Park

About This Home

As of September 2023

Rarely available Wicker Park brick 3-unit with 3 exterior parking spaces. A+ Location in the dead center of the neighborhood! Steps from Division, North, Milwaukee, Ashland, and Damen. Three large units on 12 month leases including: 2 - 3bd/1.5ba and 1 - 2bd/1ba apartments. All units are well-maintained with split utilities, in-unit laundry, central AC, many recent improvements. Professionally maintained for over 10 years, very low maintenance property. Turn-key, perfect for a live-in owner or investor. Great location and value in Wicker Park, Bring all offers!!!

Last Agent to Sell the Property

Igor Vorobeychik

Vorobey Properties, Inc. License #471019905 Listed on: 05/16/2023

Last Buyer's Agent

Greg Nagel

Ask Nagel License #471017591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,072

Year Built

  • Built in 1890 | Remodeled in 2013

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Porch

Schools

  • Lozano Elementary School Bilingu
  • Wells Community Academy Senior H High School

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $122
  • Insurance Expense $1,250
  • Maintenance Expense $1,312
  • Trash Expense $342
  • Water Sewer Expense $832
  • Gross Income $81,720
  • Net Operating Income $61,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,072

Year Built

Built in 1890 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 995000
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 342
  • Water Sewer Expenses: 832
  • Trash Expense Year: 2022

Schools

  • Elementary School: Lozano Elementary School Bilingu
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Lozano Elementary School Bilingu
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 2,221 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 61790
  • Insurance Expense: 1250
  • ElectricExpense: 122
  • GrossIncome: 81720
  • Maintenance Expense: 1312
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 16072.2
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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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
09/20/2023 09/20/23 Sold $907,500 -8.8% --
08/18/2023 08/18/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $995,000 -- --
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: 11784553

Midwest Real Estate Data (MRED)