NOT LISTED FOR SALE
10 Beds
4 Baths
696 Sq Ft
3,049 Sq Ft Lot

Last Sold July 25, 2024

Last sale price $900,000 $1,293 Per Sq Ft

22 Days on Market

About This Home

As of July 2024

This is an Estate Sale. Large 3-Unit, corner brick Building with brick Coach House located in West Town. Family Owned since "74". Three 3br./1bth Units with Hardwood Floors, High Ceilings, Separate Living/Dining Rooms, Large Eat-In Kitchens with ceramic floors and Newer Private Deck off of Kitchen. These Units have had many Upgrades. With the Property being on a Corner Lot, the Units get Plenty of Light through the Oversized Windows. 3rd Floor Unit is Currently Vacant. New Floors have been Installed and Freshly Painted. Kitchen, Bath and walk in closet need to be Finished. Some New Cabinets have already been Purchased. Coach House is 1 br./1 bth. and Recently Remodeled. Has Full unfinished Basements in both building and coach house. All Tenants pay Heat and Electric. Rents are Low for the Area. Tenants are Month to Month. Great Area near Kennedy Expressway and Downtown. Building is being Sold As-Is. Cash or Renovation Loan required.

Last Agent to Sell the Property

Robert Beer

Baird & Warner License #471005752 Listed on: 04/23/2024

Baird & Warner

Last Buyer's Agent

Susan Nice

Baird & Warner License #475115242

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,768

Year Built

  • Built in 1889 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 25 x 125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,128
  • Water Sewer Expense $1,126
  • Gross Income $63,000
  • Net Operating Income $31,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,768

Year Built

Built in 1889 | Remodeled in 2023

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1126

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 31910
  • Insurance Expense: 2128
  • GrossIncome: 63000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,Coach House

Tax Info

  • Tax Annual Amount: 27768
  • Tax Year: 2022
  • Tax Exemptions: None
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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
07/25/2024 07/25/24 Sold $900,000 -7.7% $1,293 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $975,000 0.0% $1,401 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $975,000 -- $1,401 / Sq Ft
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 $28,569 $143,000 $23,281 $119,719
2024 $28,569 $143,000 $23,281 $119,719
2023 $27,767 $135,000 $18,750 $116,250
2022 $27,767 $135,000 $18,750 $116,250
2021 $27,147 $135,000 $18,750 $116,250
2020 $18,025 $80,915 $10,625 $70,290
2019 $18,210 $90,634 $10,625 $80,009
2018 $17,903 $90,634 $10,625 $80,009
2017 $14,255 $66,219 $9,375 $56,844
2016 $13,263 $66,219 $9,375 $56,844
2015 $12,134 $66,219 $9,375 $56,844
2014 $12,923 $69,650 $7,812 $61,838
2013 $12,668 $69,650 $7,812 $61,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12036187

Midwest Real Estate Data (MRED)

APN: 17-07-210-001

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