NOT LISTED FOR SALE
8 Beds
4 Baths
2,480 Sq Ft
1895 Built

Last Sold April 04, 2023

Last sale price $800,000 $323 Per Sq Ft

88 Days on Market

Highlights

  • Deck
  • 2-minute walk to Damen Station (Pink Line)
  • Garage ceiling height seven feet or more
  • 2 Car Detached Garage
  • Porch
  • 4-minute walk to Barrett Park

About This Home

As of April 2023

This building in the HEART OF PILSEN!!!! was professionally GUT REHABBED (down to the bricks) in 2019. During the rehab the building received all new 400 AMP electrical, plumbing, water heaters, furnaces, Central Air Conditioning and laundry closets. This professionally managed, fully occupied property has been easy to rent, and receives some of the highest rents in the neighborhood. New Hardwood floors, custom design kitchen with Shaker cabinets, Quartz Countertops and Stainless Steel appliances! Laundry machines in all units. Beautiful tile bathrooms. Exposed heating/cooling ducts. We are one block to CTA Pink Line Station on Damen and close to transportation, the Eisenhower and Stevenson expressways, convenient to downtown, as well as all the shopping, dining and entertainment of Little Village, Little Italy and the Cermak St./Western Ave. shopping district. Tenants pay gas and electric. One garage spot is rented out separately for $150/mo. Lease expiration 05/23. 48 HOUR NOTICE REQUIRED! TENANT RIGHTS. Listing Agent MUST accompany.

Last Listed By

Sabine Miller

BS Realty Services LLC License #475166780 Listed on: 12/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,853

Year Built

  • Built in 1895 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 25 x 125
  • Partially Fenced Property
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Electric Water Heater

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $227
  • Insurance Expense $2,603
  • Manager Expense $6,867
  • Professional Management Expense $1,922
  • Trash Expense $456
  • Water Sewer Expense $580
  • Gross Income $73,320
  • Net Operating Income $50,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,853

Year Built

Built in 1895 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1922
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Humidifier, Ceiling Fan(s), Water Heater-Electric
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • Room: 5

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 840000
  • Lot Features: Outdoor Lighting, Partial Fencing, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Manager Expense: 6867
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 456
  • Water Sewer Expenses: 580
  • Trash Expense Year: 2022

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 50812
  • Insurance Expense: 2603
  • ElectricExpense: 227
  • GrossIncome: 73320
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9853
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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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
04/04/2023 04/04/23 Sold $800,000 -4.8% $323 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $840,000 -1.1% $339 / Sq Ft
12/09/2022 12/09/22 For Sale $849,000 -- $342 / 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: 11685332

Midwest Real Estate Data (MRED)

APN: 17193170350000