NOT LISTED FOR SALE

2050 N Sheffield Ave Chicago, IL 60614

Old Town Neighborhood
10 Beds
4 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: August 10, 2020

Last sale price $1,020,000

251 Days on Market

About This Home

As of August 2020

Fabulous updated 3 unit building in the heart of Lincoln Park just steps to everything. Half block to Armitage Brown line stop and all the shops and restaurants on Armitage and Halsted. One 4 bed/2 bath duplex and two 3 bed / 1 bath units all fully leased. Parking in rear for up to 6 cars tandem. Common laundry and decks for each unit. Turnkey property with long term tenants. Rents could be increased with very little investment.

Last Agent to Sell the Property

Ian Feinerman

@properties Commercial License #475124617 Listed on: 10/25/2019

@properties Commercial

Co-Listed By

Michael Weber

@properties Commercial

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Renovated

  • 2008

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $20,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Renovated

2008

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 4
  • Estimated Year Built: U
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Number Of Rooms: 20
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 10
  • Above Grade Bedrooms: 10

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s
  • Number Parking Spaces: 6
  • Parking On Site: Yes

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X124
  • Parcel Identification Number: 14322240210000

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 4

Tax Info

  • Taxes: 23786
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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 List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $1,020,000 -14.9% --
07/02/2020 07/02/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $1,199,000 -7.7% --
03/06/2020 03/06/20 Price Changed $1,299,000 -3.7% --
12/03/2019 12/03/19 Price Changed $1,349,000 -3.6% --
10/25/2019 10/25/19 For Sale $1,399,900 -- --
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 $21,521 $120,000 $48,050 $71,950
2024 $21,521 $120,000 $48,050 $71,950
2023 $20,980 $102,000 $38,750 $63,250
2022 $20,980 $102,000 $38,750 $63,250
2021 $20,511 $102,000 $38,750 $63,250
2020 $23,424 $105,148 $34,100 $71,048
2019 $24,193 $120,417 $34,100 $86,317
2018 $23,786 $120,417 $34,100 $86,317
2017 $20,938 $97,262 $27,900 $69,362
2016 $21,346 $106,574 $27,900 $78,674
2015 $19,529 $106,574 $27,900 $78,674
2014 $15,719 $84,720 $21,700 $63,020
2013 $15,408 $84,720 $21,700 $63,020
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10558367

Midwest Real Estate Data (MRED)
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