NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: July 8, 2019

Last sale price $672,500

136 Days on Market

Highlights

  • Traditional Architecture
  • Paved or Partially Paved Lot
  • 2-minute walk to Snowberry Park
  • Forced Air Heating System

About This Home

As of July 2019

Great income property, all units have central air, gas forced heat, in unit washers and dryers. Hardwood floors, some character remains along with decretive fireplaces. Each unit has a bedroom that will accommodate a king size bed. Property offered AS-IS. Room to increase rents. Parking pad for 6 cars. Small back yard. (or, build a garage and double the size of the back yard!)

Last Agent to Sell the Property

Dana Gerstenschlager

@properties Christie's International Real Estate License #475124938 Listed on: 01/18/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Melanie Giglio-Vakos

Compass License #475149215

Compass
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,578

Year Renovated

  • 2015

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

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

Lot Details

  • Lot Dimensions are 24 x 123
  • Paved or Partially Paved Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $900
  • Gross Income $61,800
  • Net Operating Income $50,822

Additional Features

  • 3 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,578

Year Renovated

2015

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • Foundation Details: Concrete Perimeter, Other
  • Lot Features: Common Grounds
  • Roof: Asphalt, Other
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved, Other

Fee Information

  • Water Sewer Expenses: 900

Lot Info

  • Lot Dimensions: 24 X 123
  • 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: 50822
  • Insurance Expense: 1500
  • GrossIncome: 61800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8578
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Jun 28, 2019
Sold by
Bought by
Seller's Agent
Dana Gerstenschlager
@properties Christie's International Real Estate
Buyer's Agent
Melanie Giglio-Vakos
Compass
List Price
$699,900
Sold Price
$672,500
Premium/Discount to List
-$27,400
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,843
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
10.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$672,500 Greater Illinois Title
-- Carrington Title Partners Ll
$390,000 Chicago Title Insurance Co
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $634,843
Closed $399,000
Previous Owner $75,000
Previous Owner $270,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $672,500 -3.9% --
06/03/2019 06/03/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $699,900 0.0% --
11/22/2017 11/22/17 Rented $1,450 -3.3% --
11/07/2017 11/07/17 Price Changed $1,500 -6.3% --
10/24/2017 10/24/17 Price Changed $1,600 -5.9% --
10/19/2017 10/19/17 For Rent $1,700 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,602 $72,000 $21,992 $50,008
2024 $14,602 $72,000 $21,992 $50,008
2023 $14,192 $69,000 $17,712 $51,288
2022 $14,192 $69,000 $17,712 $51,288
2021 $13,875 $69,000 $17,712 $51,288
2020 $11,652 $52,305 $10,036 $42,269
2019 $11,808 $58,770 $10,036 $48,734
2018 $11,609 $58,770 $10,036 $48,734
2017 $9,220 $42,829 $8,856 $33,973
2016 $8,578 $42,829 $8,856 $33,973
2015 $7,848 $42,829 $8,856 $33,973
2014 $6,764 $36,455 $7,380 $29,075
2013 $6,630 $36,455 $7,380 $29,075
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10252187

Midwest Real Estate Data (MRED)
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