NOT LISTED FOR SALE
8 Beds
8 Baths
675 Sq Ft
2,563 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $945,000 $1,400 Per Sq Ft

191 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-minute walk to Dvorak (Anton) Park

About This Home

As of December 2021

AMAZING OPPORTUNITY FOR INVESTORS. BUILDING IS COUPLE OF BLOCKS FROM 18TH ST. NEAR UIC, SHOPPING, EXPRESSWAYS, MINUTES FROM DOWNTOWN, CTA PINK LINE. BUILDING ALSO HAS 3 CAR BRICK GARAGE WHICH INCLUDES COACH HOUSE ON TOP (1 BED/1BATH W/2 EXITS). 1ST UNIT IS DUPLEX TO BASEMENT WHICH HAS 2 BEDS WITH 3 BATHROOMS, HIGH CEILINGS. EVERY UNIT HAS ITS OWN FURNACE WITH A/C, HDW FLOORS. HAS ATTIC FOR EXTRA STORAGE, 2 COIN OPERATED WASHERS WITH 2 DRYERS. COME SHOW BEFORE ITS SOLD

Last Agent to Sell the Property

Homero Garza

Charles Rutenberg Realty License #475130020 Listed on: 05/11/2021

Charles Rutenberg Realty

Last Buyer's Agent

Tony Kosir

EXIT Strategy Realty License #471008977

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,571

Year Built

  • Built in 1875

Lot Details

  • 2,563

Interior Spaces

  • 3-Story Property
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 2,563 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,010
  • Fuel Expense $564
  • Insurance Expense $4,342
  • Maintenance Expense $4,918
  • Trash Expense $1,229
  • Water Sewer Expense $1,229
  • Operating Expense $18,757
  • Gross Income $8,975
  • Net Operating Income $80,905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,571

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1875
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Misc Inside: Laundry Room
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: Yes

Fee Information

  • Trash Expense: 1229
  • Water Sewer Expenses: 1229

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: COMMON
  • Lot Size Sq Ft: 2563

Rental Info

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

Multi Family

  • Net Operating Income: 80905
  • Fuel Expense: 564
  • Insurance Expense: 4342
  • ElectricExpense: 1010
  • GrossIncome: 8975
  • Maintenance Expense: 4918
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18757
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9571
  • Tax Year: 2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $945,000 -18.5% $1,400 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/23/2021 10/23/21 For Sale -- -- --
09/29/2021 09/29/21 Pending -- -- --
09/17/2021 09/17/21 For Sale -- -- --
08/09/2021 08/09/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,160,000 -- $1,719 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $17,013 $83,007 $9,483 $73,524
2024 $17,013 $83,007 $9,483 $73,524
2023 $16,585 $80,635 $7,689 $72,946
2022 $16,585 $80,635 $7,689 $72,946
2021 $16,215 $80,634 $7,689 $72,945
2020 $9,269 $41,606 $6,023 $35,583
2019 $9,571 $47,637 $6,023 $41,614
2018 $9,740 $49,310 $6,023 $43,287
2017 $5,420 $25,178 $5,254 $19,924
2016 $6,706 $33,480 $5,254 $28,226
2015 $6,135 $33,480 $5,254 $28,226
2014 $4,811 $25,928 $4,613 $21,315
2013 $5,556 $30,549 $4,613 $25,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11083288

Midwest Real Estate Data (MRED)

APN: 17-20-428-021