NOT LISTED FOR SALE
9 Beds
3 Baths
2,808 Sq Ft
3,920 Sq Ft

Last Sold September 13, 2021

Last sale price $950,000 $338 Per Sq Ft

98 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • 1-minute walk to Superior Park
  • Mitchell Elementary School Rated A-

About This Home

As of September 2021

Incredible opportunity to own a turnkey 3 unit gem on an extra wide lot in the heart of Ukrainian Village. Beautiful and quiet treelined street steps from Chicago Avenue restaurants, bakeries, and coffee shops. Mariano's grocery store and bus lines to the Loop are both short 3 block away. The building is solid and does not need anything. Exceptionally well maintained with massive and beautifully updated apartments. The units feature large floor plans, open concept kitchens with quartz counters, giant dining rooms, hardwood floors, central air, and a lot of the original character-rich millwork in pristine condition. Tenants pay utilities. These apartments are extremely easy to rent. Strong monthly rents with low taxes & low expenses make this a perfect armchair investment.

Last Agent to Sell the Property

Andrei Savtchenko

Compass License #475164615 Listed on: 04/19/2021

Compass

Last Buyer's Agent

Greg Nagel

Ask Nagel License #471017591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,573

Year Built

  • Built in 1918 | Remodeled in 2018

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32x123

Parking

  • 3 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $81,000
  • Net Operating Income $65,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,573

Year Built

Built in 1918 | Remodeled in 2018

Lot Details

3,920 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: None/NA
  • Garage On-Site: No
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 32X123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 65156
  • GrossIncome: 81000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13572.82
  • Tax Year: 2019
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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
09/13/2021 09/13/21 Sold $950,000 -4.5% $338 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/21/2021 06/21/21 For Sale -- -- --
06/11/2021 06/11/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $995,000 -- $354 / 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 $14,390 $93,100 $29,323 $63,777
2024 $14,390 $93,100 $29,323 $63,777
2023 $13,986 $68,000 $23,616 $44,384
2022 $13,986 $68,000 $23,616 $44,384
2021 $13,674 $68,000 $23,616 $44,384
2020 $13,394 $60,124 $13,382 $46,742
2019 $13,573 $67,556 $13,382 $54,174
2018 $13,345 $67,556 $13,382 $54,174
2017 $9,518 $44,212 $11,808 $32,404
2016 $8,855 $44,212 $11,808 $32,404
2015 $5,978 $44,212 $11,808 $32,404
2014 $5,927 $36,348 $9,840 $26,508
2013 $6,754 $41,643 $9,840 $31,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11059296

Midwest Real Estate Data (MRED)

APN: 17071110210000

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