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

Sale Details

Date 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
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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

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
$1,200,000 None Listed On Document
Pioneer 19Th Street Llc -- Chicago Title
Pioneei Mryd Llc $585,000 First American Title
Ayala Leonardo $480,000 Cti
Pedroza Roberto $170,000 Chicago Title Insurance Co
Wychorek Chris $203,000 Chicago Title Insurance Co
Cnb I Llc -- Chicago Title Insurance Co
Bassuk Angel B $180,000 --
Cortes Jose J $135,000 --
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 $875,000
Previous Owner Pioneer 19Th Street Llc $875,000
Previous Owner Pioneei Mryd Llc $640,000
Previous Owner Ayala Leonardo $390,000
Previous Owner -- $70,000
Previous Owner Bassuk Angel B $135,000
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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402422

Midwest Real Estate Data (MRED)

APN: 17-19-313-009

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