NOT LISTED FOR SALE
11 Beds
8 Baths
600 Sq Ft
3,049 Sq Ft Lot

Last Sold August 17, 2022

Last sale price $1,200,000 $2,000 Per Sq Ft

16 Days on Market

About This Home

As of August 2022

Newly renovated brick 7-unit apartment building with potential to duplex down the front unit for additional income. Below market rents due to Covid, on-site laundry and storage. All units feature condo-quality finishes with SS Appliances, Quartz, HVAC and storage. Great mix of 1, 2 & 3 bedroom units. The coach house features a large 1,300 SF +/- 3 bedroom/2 bath unit that is way below market rent due to COVID. Great stabilized asset with opportunity to increase below-market rents for future value-add. Around the corner from the Damen Street Pink Line stop. Can be combined with 1848 S Blue Island Ave and 1850-52 S Blue Island Ave.

Last Agent to Sell the Property

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 05/12/2022

Sperry Van Ness

Last Buyer's Agent

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 05/12/2022

Sperry Van Ness

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1880

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Community Details

  • 7 Units
  • Gross Income $111,900

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1880

Lot Details

3,125 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1880
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,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: 8
  • Total Bedrooms: 11
  • Fireplaces: 2
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 2
  • Room: 0

Utilities

  • Cooling: Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI

Rental Info

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

Multi Family

  • GrossIncome: 111900
  • NumberOfUnitsTotal: 7
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8926.59
  • Tax Year: 2020
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
08/17/2022 08/17/22 Sold $1,200,000 0.0% $2,000 / Sq Ft
06/10/2022 06/10/22 Off Market $1,200,000 -- --
05/29/2022 05/29/22 Pending -- -- --
05/20/2022 05/20/22 Off Market $1,200,000 -- --
05/12/2022 05/12/22 For Sale $1,300,000 -- $2,167 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,965 $105,001 $11,563 $93,438
2024 $12,965 $105,001 $11,563 $93,438
2023 $12,639 $61,448 $9,375 $52,073
2022 $12,639 $61,448 $9,375 $52,073
2021 $12,357 $61,448 $9,375 $52,073
2020 $8,927 $40,071 $7,343 $32,728
2019 $9,213 $45,858 $7,343 $38,515
2018 $9,059 $45,858 $7,343 $38,515
2017 $7,071 $32,845 $6,406 $26,439
2016 $7,685 $38,371 $6,406 $31,965
2015 $8,586 $46,857 $6,406 $40,451
2014 $6,397 $34,480 $5,625 $28,855
2013 $6,271 $34,480 $5,625 $28,855
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402422

Midwest Real Estate Data (MRED)

APN: 17-19-313-009

Your Personal Tour Guide

Ask me questions while you tour the home.