$452,650
SOLD JUL 2, 2025
-- Bed
-- Bath
3,557 Sq Ft
6,300 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • 0.14 Acre Lot
  • Lexington Elementary School Rated 9+
  • Baseboard Heating

About This Home

As of July 2025

Well-maintained 5-unit apartment building located in Broadview. Desirable unit mix of 4 one-bedroom units and 1 three-bedroom unit. 2 of the apartment units were recently renovated. Building is brick construction and features an on-site laundry facility and ample off-street parking. Also features a newer boiler and hot water tank. Located near Broadview Village Square, Hillside Town Center, Cermak Plaza Shopping Center, Forest Park Plaza, and North Riverside Park Mall with numerous retail and dining options. Convenient access to downtown Chicago via 1st Avenue and Interstate 290. Located in a strong rental market with potential upside in rents.

Last Agent to Sell the Property

Emily Habich

Marcus & Millichap Chicago Apartment Brokers License #475186663 Listed on: 04/03/2025

Last Buyer's Agent

Aleks Yakovenko

Coldwell Banker Realty License #475156798

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,829

Year Built

  • Built in 1963

Lot Details

  • 6,300 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,557 Sq Ft Home
  • 2-Story Property

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $557
  • Fuel Expense $2,303
  • Insurance Expense $2,400
  • Maintenance Expense $1,750
  • Manager Expense $3,494
  • Other Expense $4,250
  • Water Sewer Expense $4,762
  • Operating Expense $32,345
  • Gross Income $71,088
  • Net Operating Income $37,532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,829

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,Other-See Remarks
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Heat/Ventilation: Hot Water,Baseboard

Condo/Co-op/Association

  • Manager Expense: 3494
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 4762

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6,300 SF
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI
  • Alternate Phone Number: (630) 570-2235

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 3557

Multi Family

  • Net Operating Income: 37532
  • Fuel Expense: 2303
  • Insurance Expense: 2400
  • ElectricExpense: 557
  • GrossIncome: 71088
  • Maintenance Expense: 1750
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 32345
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 11829
  • Tax Year: 2023
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/02/2025 07/02/25 Sold $452,650 +0.6% $127 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $450,000 -- $127 / 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 $11,829 $43,000 $3,780 $39,220
2024 $11,829 $43,000 $3,780 $39,220
2023 $10,494 $43,000 $3,780 $39,220
2022 $10,494 $31,545 $2,993 $28,552
2021 $10,111 $31,543 $2,992 $28,551
2020 $9,852 $31,543 $2,992 $28,551
2019 $7,956 $23,085 $2,677 $20,408
2018 $7,704 $23,085 $2,677 $20,408
2017 $7,600 $23,085 $2,677 $20,408
2016 $8,445 $24,263 $2,362 $21,901
2015 $8,338 $24,263 $2,362 $21,901
2014 $8,107 $24,263 $2,362 $21,901
2013 $7,721 $25,047 $2,362 $22,685
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12320006

Midwest Real Estate Data (MRED)