NOT LISTED FOR SALE
10 Beds
6 Baths
2,542 Sq Ft
1895 Built

Last Sold January 25, 2023

Last sale price $780,000 $307 Per Sq Ft

30 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Coonley Elementary School Rated A-
  • 2-minute walk to North Center Town Square

About This Home

As of January 2023

Rare opportunity to own a legal 5-Unit on an oversized lot (37.5 x 125) on street with multi-million dollar homes in North Center. Three units in the front building and two in the rear coach-house. Coach-house would make an excellent stand alone single family home or Airbnb. Original vintage charm & woodwork throughout w/ many modern updates. Current owners unit is a large first floor duplex down with 3 beds and 2 full baths. LR & sep DR, finished deck overlooking backyard off kitchen. Other units are 3 two-bedroom apartment and 1 one-bedroom apartment. Separate gas & electric for each tenant, common storage and coin laundry in walk-in basement. Coonley School District. Perfect for investor or homeowner to live in & earn income. Close to Brown Line El, Ravenswood Metra, Jewel, Trader Joes, shopping, entertainment and restaurants. Sold as-is. Owner holds an Illinois real estate license.

Last Agent to Sell the Property

Misael Chacon

Beycome brokerage realty LLC License #471021523 Listed on: 10/29/2022

Last Buyer's Agent

Roman Serra

Aria Real Estate License #471022459

Aria Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,114

Year Built

  • Built in 1895

Home Design

  • Gable Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Composition Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • 3-Story Property
  • Lot Dimensions are 37.5x125

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $344
  • Fuel Expense $528
  • Insurance Expense $3,501
  • Maintenance Expense $1,873
  • Water Sewer Expense $1,698
  • Operating Expense $19,355
  • Gross Income $88,380
  • Net Operating Income $69,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,114

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Legal Non Conforming, Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Exclusions-Call List Office,Show-Call Owner,Other-See Remarks
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Possible Use: Condominium, Multi-Family, Single Family
  • Fireplaces: 1
  • Dishwashers: 4
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Composition
  • Exterior Building Type: Aluminum Siding
  • Roof Structure: Gable

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Fuses, Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas,Separate Per Unit

Fee Information

  • Water Sewer Expenses: 1698

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5X125
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 69025
  • Fuel Expense: 528
  • Insurance Expense: 3501
  • ElectricExpense: 344
  • GrossIncome: 88380
  • Maintenance Expense: 1873
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 19355
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11114
  • Tax Year: 2020
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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
01/25/2023 01/25/23 Sold $780,000 -8.2% $307 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $850,000 0.0% $334 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $850,000 -- $334 / 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 $14,703 $104,500 $40,496 $64,004
2024 $14,703 $78,000 $40,496 $37,504
2023 $14,311 $73,000 $42,183 $30,817
2022 $14,311 $73,000 $42,183 $30,817
2021 $14,010 $73,000 $42,183 $30,817
2020 $11,144 $53,128 $22,497 $30,631
2019 $13,463 $70,440 $22,497 $47,943
2018 $13,914 $70,440 $22,497 $47,943
2017 $10,311 $47,896 $19,685 $28,211
2016 $9,593 $47,896 $19,685 $28,211
2015 $8,777 $47,896 $19,685 $28,211
2014 $7,549 $40,688 $14,998 $25,690
2013 $7,400 $40,688 $14,998 $25,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11663332

Midwest Real Estate Data (MRED)