NOT LISTED FOR SALE
19 Beds
16 Baths
-- Sq Ft
1917 Built

Sale Details

Date Sold: August 30, 2022

Last sale price $1,185,875

95 Days on Market

About This Home

As of August 2022

Nominee for the 2022 Chicago Neighborhood Development Award. Completed in the Fall 2021, Total gut rehab on this beautiful 8 unit, 2 and 3 bedroom building. Every inch of the interior has been renovated. Check out the photo's. New electric, HVAC, plumbing. GE stainless steel appliances and In unit washer and dryers. Porcelain and LVT flooring throughout. The building is occupied with CHA vouchers making this a perfect investment opportunity. This building is also being offered as a package with the 8 unit 4114 W. West End and 8 unit 3803 W. Ohio multi family buildings. All properties have been completely gut rehabbed and all have similar finishes.

Last Agent to Sell the Property

Michael Rourke

@properties Commercial License #471016816 Listed on: 02/10/2022

@properties Commercial

Co-Listed By

Dominic Soltero

@properties Commercial License #475153308

Last Buyer's Agent

Andrew Wendt

Compass License #471010510

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1917

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 16 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Additional Features

  • 4-Story Property
  • Lot Dimensions are 50 x 150

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $6,000
  • Maintenance Expense $2,000
  • Manager Expense $9,000
  • Other Expense $1,800
  • Trash Expense $500
  • Water Sewer Expense $2,700
  • Operating Expense $42,000
  • Gross Income $140,100
  • Net Operating Income $92,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,500

Year Built

Built in 1917

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 4
  • Year Built: 1917
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: New Rehab
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16
  • Total Bedrooms: 19
  • Fireplaces: 8
  • Drive-In Doors: 8
  • Dishwashers: 8
  • Ranges: 8
  • Number of Washers: 8
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Manager Expense: 9000

Fee Information

  • Trash Expense: 500
  • Water Sewer Expenses: 2700

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 150
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 92800
  • Insurance Expense: 6000
  • ElectricExpense: 600
  • GrossIncome: 140100
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 42000
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 16500
  • 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

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
08/30/2022 08/30/22 Sold $1,185,875 -10.5% --
02/10/2022 02/10/22 For Sale $1,324,950 -- --
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 $13,135 $40,040 $7,069 $32,971
2024 $13,135 $85,162 $10,875 $74,287
2023 $15,950 $62,040 $7,875 $54,165
2022 $15,950 $77,282 $7,875 $69,407
2021 $7,566 $37,500 $7,875 $29,625
2020 $10,820 $48,411 $7,875 $40,536
2019 $9,759 $48,411 $7,875 $40,536
2018 $3,159 $15,942 $7,875 $8,067
2017 $9,834 $45,525 $6,187 $39,338
2016 $9,118 $45,525 $6,187 $39,338
2015 $8,342 $45,525 $6,187 $39,338
2014 $6,640 $35,786 $6,187 $29,599
2013 $6,509 $35,786 $6,187 $29,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322241

Midwest Real Estate Data (MRED)

APN: 16141010250000

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