NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: February 14, 2020

Last sale price $997,500

7 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Throop Park
  • 2 Car Detached Garage

About This Home

As of February 2020

Renovated corner 4-flat in the heart of Pilsen. Grosses almost $82k yearly, 100% occupied with long term leases. Turnkey Investment with great cash flow and lots of upside. Renovations include: New plumbing w/copper, updated electric, HVAC's, windows, H2O tanks, concrete, & masonry tuck-pointing. Large Units w/ CONDO quality upgrades that include in-unit wash/dryers, new bathrooms, kitchens with white shaker cabinets, quartz counters, & SS app. Hardwood floors thru out. Full unfinished attic and semi-finished basement. Agent Owned Interest.

Last Agent to Sell the Property

David Litvinov

@properties Christie's International Real Estate License #475126613 Listed on: 01/14/2020

Last Buyer's Agent

Zach Shuta

eXp Realty License #475166495

eXp Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 1886

Lot Details

  • 2,614

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,455
  • Water Sewer Expense $1,255
  • Gross Income $81,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,701

Year Built

Built in 1886

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Standard Status: Closed
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors,Walk-In Closet

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1255

Lot Info

  • Lot Dimensions: 2725
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 2455
  • GrossIncome: 81900
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8701
  • Tax Year: 2018
  • Tax Exemptions: None

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
$997,500 Fidelity National Title
2001 S Loomis Llc -- None Available
Urban Real Estate Partners Three Llc $137,000 None Available
Hernandez Francisco -- Ticor Title Insurance Compan
Martinez Guadalupe -- Chicago Title Insurance Comp
Martinez Guadalupe Hernandez -- Ticor Title Insurance Compan
Hernandez Francisco -- Lakeshore Title Agency
Hernandez Francisco -- --
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
Open $798,000
Closed Martinez Guadalupe Hernandez $120,000
Previous Owner Hernandez Francisco $70,000
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
02/14/2020 02/14/20 Sold $997,500 +0.3% --
01/21/2020 01/21/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $995,000 -- --
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 $13,859 $60,001 $10,083 $49,918
2024 $13,859 $60,001 $10,083 $49,918
2023 $13,489 $69,000 $8,175 $60,825
2022 $13,489 $69,000 $8,175 $60,825
2021 $13,206 $69,000 $8,175 $60,825
2020 $8,536 $38,318 $6,403 $31,915
2019 $8,849 $44,044 $6,403 $37,641
2018 $8,700 $44,044 $6,403 $37,641
2017 $5,908 $27,445 $5,586 $21,859
2016 $5,497 $27,445 $5,586 $21,859
2015 $5,029 $27,445 $5,586 $21,859
2014 $4,075 $21,962 $4,905 $17,057
2013 $3,516 $21,962 $4,905 $17,057
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10609920

Midwest Real Estate Data (MRED)
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