NOT LISTED FOR SALE

Estimated Value: $1,324,785 - $1,506,000

8 Beds
5 Baths
6,357 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2025

Last sale price $1,300,000 $204 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,265 / mo

9 Days on Market

About This Home

As of April 2025

First time on the market since 1979! Extra Large 6-unit building in the heart of beautiful Wicker Park. 5 residential units including 3 units with 2 bedrooms and 1 bathroom, and 2 units with 1 bedroom (plus a bonus room), and 1 store front unit. The property offers a full unfinished basement. With wide-open floor plans, high ceilings, and original woodwork, it's easy to see the investment potential. There is additional storage and a washer and dryer in the basement. Units vary in condition and updates. Opportunity to ad value in the units. Commercial space has a large full basement with a half bathroom and central air. Property is located in the ADU Map. Close to dining, entertainment, and everything that Wicker Park has to offer. Easy access to all expressways, multiple CTA buses, and the Damen Blue Line.

Last Agent to Sell the Property

Sarita Scherpereel

Kale Realty License #471022685 Listed on: 02/12/2025

Kale Realty

Last Buyer's Agent

Michael Battista

Jameson Sotheby's Intl Realty License #475148694

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,911

Year Built

  • Built in 1916

Lot Details

  • 2,526

Additional Features

  • 2-Story Property
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $75
  • Insurance Expense $6,523
  • Trash Expense $3,300
  • Water Sewer Expense $265
  • Operating Expense $35,014
  • Gross Income $114,240
  • Net Operating Income $35,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,911

Year Built

Built in 1916

Lot Details

2,526 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1916
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 3300
  • Water Sewer Expenses: 265

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 2,522

Rental Info

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

Multi Family

  • Net Operating Income: 35014
  • Insurance Expense: 6523
  • ElectricExpense: 75
  • GrossIncome: 114240
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 35014
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 17911
  • Tax Year: 2023

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Apr 25, 2025
Sold by
Bought by
Seller's Agent
Sarita Scherpereel
Kale Realty
Buyer's Agent
Michael Battista
Jameson Sotheby's Intl Realty
List Price
$1,300,000
Sold Price
$1,300,000
Views
40
Current Estimated Value
$1,415,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,393
Avg. Annual Appreciation
6.93%
Original Mortgage
$2,907,646
Interest Rate
0.0681%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 28, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.085%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,300,000 None Listed On Document
-- All Pro Title Group
-- --
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
Previous Owner $2,907,646
Previous Owner $250,000
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
04/29/2025 04/29/25 Sold $1,300,000 0.0% $204 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $1,300,000 -- $204 / 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 $17,911 $130,000 $25,094 $104,906
2024 $17,911 $143,000 $25,094 $117,906
2023 $17,408 $84,636 $20,176 $64,460
2022 $17,408 $84,636 $20,176 $64,460
2021 $17,020 $84,636 $20,176 $64,460
2020 $16,958 $76,122 $11,475 $64,647
2019 $16,993 $84,581 $11,475 $73,106
2018 $16,708 $84,581 $11,475 $73,106
2017 $14,121 $65,597 $10,088 $55,509
2016 $15,300 $76,392 $10,088 $66,304
2015 $13,999 $76,392 $10,088 $66,304
2014 $9,003 $48,526 $8,827 $39,699
2013 $8,826 $48,526 $8,827 $39,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12289271

Midwest Real Estate Data (MRED)

APN: 17-06-120-045-0000

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