NOT LISTED FOR SALE
6 Beds
4 Baths
4,356 Sq Ft
1926 Built

Last Sold May 18, 2023

Last sale price $361,000 $83 Per Sq Ft

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Heating System Uses Steam
  • Forced Air Heating System

About This Home

As of May 2023

Click the 3D tour! Beautiful and well maintained solid all brick four unit building on large lot in the South Chicago/South Shore area. Located across the street from a school, this building consists of 2 (2bd/1ba) and 2 (1bd/1ba) large units with all brick garage for added value. All electrical and plumbing was updated by the current longtime owner, roughly 20 years. The interior of the units have been upgraded within the last 7 years, including all flooring, kitchens, appliances, and baths. The owner's suite has central air and heat (only unit) and two of the building's water heaters were replaced within the last two years. Unfinished basement has been roughed for an additional bath and partially framed. Laundry hookups in the basement. Property is vacant with pro forma rent roll of $3800, conservative for the area. Potential for added value with the addition of bedrooms. This property has been well cared for and is a great opportunity for investors looking to cash flow or owner occupants. Easy to show.

Last Agent to Sell the Property

Lane Chesebro

Coldwell Banker Realty License #475172017 Listed on: 03/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Alam Chunawala

Coldwell Banker Realty License #475167665

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1926 | Remodeled in 1998

Lot Details

  • Lot Dimensions are 26 x 150

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1926 | Remodeled in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1998
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1998

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam, Baseboard, Radiant
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 26 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 4423.77
  • Tax Year: 2021

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Story Unit/s
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
05/18/2023 05/18/23 Sold $361,000 +3.1% $83 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $350,000 -- $80 / 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 $4,642 $31,000 $2,936 $28,064
2024 $4,642 $31,000 $2,936 $28,064
2023 $4,525 $22,000 $4,894 $17,106
2022 $4,525 $22,000 $4,894 $17,106
2021 $4,424 $21,999 $4,893 $17,106
2020 $3,689 $16,558 $3,523 $13,035
2019 $3,780 $18,816 $3,523 $15,293
2018 $3,717 $18,816 $3,523 $15,293
2017 $4,577 $21,263 $3,132 $18,131
2016 $4,259 $21,263 $3,132 $18,131
2015 $3,896 $21,263 $3,132 $18,131
2014 $3,371 $20,738 $2,740 $17,998
2013 $3,294 $20,738 $2,740 $17,998
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11741763

Midwest Real Estate Data (MRED)

APN: 20362010370000

Your Personal Tour Guide

Ask me questions while you tour the home.