NOT LISTED FOR SALE
9 Beds
8 Baths
4,960 Sq Ft
0.69 Acres

Last Sold March 10, 2023

Last sale price $290,000 $58 Per Sq Ft

111 Days on Market

Highlights

  • 0.69 Acre Lot
  • Hot Water Heating System
  • Heating System Uses Steam

About This Home

As of March 2023

Here is a great opportunity to expand your real estate portfolio. 7 unit on a double lot that can be converted to an 8 unit. Recent tuckpointed, newer vinyl windows, All tenants are long term and on month-month leases. Take your time and update each unit and increase the rent for more income potential. Sold as is.

Last Agent to Sell the Property

Karmen Spears

POWER Realty Chicagoland,PLLC License #471020930 Listed on: 10/03/2022

Last Buyer's Agent

Maria Ortiz

Kale Realty License #475141624

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1966

Lot Details

  • 0.69 Acre Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,300
  • Fuel Expense $3,000
  • Insurance Expense $3,500
  • Trash Expense $1,600
  • Water Sewer Expense $3,600
  • Operating Expense $13,000
  • Gross Income $44,120
  • Net Operating Income $44,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,141

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Room: 4
  • Room: 5
  • Room: 4

Exterior Features

  • Frontage Type: City Street
  • List Price: 329000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Steam

Fee Information

  • Trash Expense: 1600
  • Water Sewer Expenses: 3600
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.69
  • Lot Dimensions: 3000
  • Lot Size Sq Ft: 3000
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 44120
  • Fuel Expense: 3000
  • Insurance Expense: 3500
  • ElectricExpense: 1300
  • GrossIncome: 44120
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 13000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 4140.72
  • Tax Year: 2021

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $290,000 -11.9% $58 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $329,000 -6.0% $66 / Sq Ft
12/21/2022 12/21/22 For Sale $350,000 0.0% $71 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $350,000 -11.4% $71 / Sq Ft
10/03/2022 10/03/22 For Sale $395,000 -- $80 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11643793

Midwest Real Estate Data (MRED)

APN: 20254260340000