NOT LISTED FOR SALE
11 Beds
8 Baths
600 Sq Ft
3,125 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

0

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
  • ResoPropertyType: CommercialSale
  • 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
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1300000

Utilities

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

Fee Information

  • Janitor Expense: 0

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

Range of Values:

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Average Value
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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 Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402422

Midwest Real Estate Data (MRED)

APN: 17-19-313-009