NOT LISTED FOR SALE

1757 W North Shore Ave Chicago, IL 60626

Rogers Park Neighborhood
13 Beds
7 Baths
6,867 Sq Ft
3,750 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,042,500 $152 Per Sq Ft

18 Days on Market

About This Home

As of May 2022

Fully rented 7-unit solid brick building in Rogers Park close to the Rogers Park Metra and Morse Red Line Stop. 6 2-bed, 1-bath units and 1 1-bed unit rented and 2 parking spaces rented for a total of $8,350 per month ($100,200 total per year). Nicely maintained building that has been easy to rent. 6 of 7 units have been renovated over the course of the current ownership. 6+% cap rate.

Last Agent to Sell the Property

Eric Marcus

Keller Williams ONEChicago License #471010094 Listed on: 02/17/2022

Keller Williams ONEChicago

Co-Listed By

Bob Copeland

Keller Williams ONEChicago License #475171216

Last Buyer's Agent

Mitir Patel

Baird & Warner License #475157343

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,318

Year Built

  • Built in 1919

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 30x125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,867 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $6,450
  • Insurance Expense $3,500
  • Trash Expense $6,600
  • Water Sewer Expense $6,450
  • Operating Expense $33,288
  • Gross Income $100,200
  • Net Operating Income $64,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,318

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 13
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1065000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 6600
  • Water Sewer Expenses: 6450
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Lot Size Sq Ft: 3750
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Other
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 6867

Multi Family

  • Net Operating Income: 64812
  • Fuel Expense: 6450
  • Insurance Expense: 3500
  • ElectricExpense: 720
  • GrossIncome: 100200
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 33288
  • Expense Year: 2021
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9317.96
  • Tax Year: 2020

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/13/2022 05/13/22 Sold $1,042,500 -2.1% $152 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,065,000 -- $155 / 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: 11324918

Midwest Real Estate Data (MRED)

APN: 11314100040000