NOT LISTED FOR SALE

1829 W School St Chicago, IL 60657

Roscoe Village Neighborhood
6 Beds
3 Baths
-- Sq Ft
1894 Built

Last Sold November 20, 2019

Last sale price $745,000

15 Days on Market

Highlights

  • Den
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of November 2019

ROSCOE VILLAGE BRICK 3-FLAT in a great location just 3 blocks from the very heart of Roscoe Street Shops & Restaurants & 3 blocks from the Brown Line "L," X-Sport Fitness and Whole Foods as well. Beautiful, updated & well-maintained building on a quiet, tree-lined street in a very easy to rent location! Thermal pane windows, separate gas forced-air heat and central air conditioning for each apartment with tenants paying their own gas and electric bills. Building is comprised of three 2BR, 1BTH units and was gut rehabbed in 2000. New roof was installed in 2011. It also has a large 2-car garage with storage as well with additional income from garage rental and coin laundry for total revenue of just under $60K per year. Great investment opportunity with room for increased rents especially with cosmetic improvements. Perfect location, convenient to everything and a highly desirable and easy-to-rent neighborhood make this property a great opportunity for your long-term investment.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 09/07/2019

Baird & Warner

Last Buyer's Agent

Elaine Bykerk Glidden

Berkshire Hathaway HomeServices Chicago License #471000069

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,495

Year Built

  • Built in 1894 | Remodeled in 2000

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • Den
  • Second Floor Utility Room
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 25 x 125

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $192
  • Fuel Expense $610
  • Insurance Expense $2,367
  • Water Sewer Expense $989
  • Gross Income $58,980
  • Net Operating Income $44,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,495

Year Built

Built in 1894 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors
  • Room Type: Den, Enclosed Porch, Utility Room-2nd Floor
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • List Price: 775000
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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

Fee Information

  • Water Sewer Expenses: 989
  • Other Expenses $: 200

Schools

  • Middle/Junior School District: 299

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: 44116
  • Fuel Expense: 610
  • Insurance Expense: 2367
  • ElectricExpense: 192
  • GrossIncome: 58980
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11495.39
  • Tax Year: 2017
  • 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 List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $745,000 -3.9% --
09/22/2019 09/22/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $775,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Hall

    Seller's Agent in 2019

    Michael Hall

    Baird Warner

    (773) 398-4359

    201 Total Sales

    Michael Hall
    Section Image
  • Elaine Bykerk Glidden

    Buyer's Agent in 2019

    Elaine Bykerk Glidden

    Berkshire Hathaway HomeServices Chicago

    (847) 751-8681

    54 Total Sales

    Elaine Bykerk Glidden
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10510125

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60657 Roscoe Village

1829 W School St, Chicago, IL

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