NOT LISTED FOR SALE
7 Beds
5 Baths
1,452 Sq Ft
3,049 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $1,050,000 $723 Per Sq Ft

12 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Balcony
  • A.N. Pritzker School Rated A-
  • Fenced Yard
  • Intercom

About This Home

As of January 2018

ABSOLUTELY BEAUTIFUL BRICK 4-UNIT PROPERTY with classic Chicago charm sitting at the corner of two of CHICAGO'S HOTTEST NEIGHBORHOODS; EAST VILLAGE & WICKER PARK! Just 1 block from Division Street & all its wonderful shops & restaurants & 6 blocks to the BLUE LINE "L" it doesn't get better than this for location! This ABSOLUTELY TURNKEY PROPERTY has been well cared for & rents are below market value leaving room for improved cash flow w/estimated market value of yearly rents up to $94,800. Updates include SEPARATE UTILITIES W/INDIVIDUALLY CONTROLLED GAS FORCED AIR HEAT, CENTRAL AIR, DISHWASHERS, IN-UNIT WASHERS & DRYERS & private decks or patios for all 4 units as well as thermal pane windows throughout. Beautiful courtyard patio. Perfect for investor looking to hold in fast appreciating East Village/Wicker Park area or for live-in owner in main building or the beautiful & larger than average Coach House. Layout of property is 3-flat front building plus coach house in back.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 09/20/2017

Baird & Warner

Last Buyer's Agent

Michael Drommerhausen

Dream Town Real Estate License #475152822

Dream Town Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,044

Year Built

  • Built in 1898

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x123
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Home Security

  • Intercom
  • Storm Screens

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Building Details

  • Gross Income $81,270
  • Net Operating Income $55,381

Additional Features

  • 4 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,044

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: Intercom
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • Room: 7

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Storms/Screens, Cable Access
  • List Price: 1125000
  • Lot Features: Common Grounds, Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 9295

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X123
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 55381
  • GrossIncome: 81270
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,Coach House

Tax Info

  • Tax Annual Amount: 17044
  • Tax Year: 2016
  • Tax Exemptions: None

Range of Values:

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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
01/31/2018 01/31/18 Sold $1,050,000 -6.7% $723 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $1,125,000 -- $775 / 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: 09756759

Midwest Real Estate Data (MRED)

APN: 17-06-400-044