NOT LISTED FOR SALE
6 Beds
3 Baths
5,508 Sq Ft
-- Built

Last Sold December 08, 2021

Last sale price $750,000 $136 Per Sq Ft

12 Days on Market

Highlights

  • Sun or Florida Room
  • 3 Car Detached Garage
  • 4-minute walk to Lunt (Orrington, Stephen) Park
  • Fenced Yard

About This Home

As of December 2021

*Multiple Offers, H&B Requested* West Ridge's SUPERB **JUMBO** 3 unit building, nestled on an expansive 50' lot. Rare opportunity to own one of a kind crown jewel to hit the market for the very first time in decades. Meticulously maintained, this full brick bldg. is a forged marriage of modern convenience with a classical flare that encompasses enormous 3 residences w/ each identical layout of 1800 sq ft, featuring separate living, dining, 2 beds + Frenched door sun room that easily converts to a 3rd bedroom. Exquisite coveted features include tall ceilings, unobstructed views from both sides of the property with an abundance of natural light through banks of windows, possibility to duplex down the 1st floor apt, updated electrical meters, newer mechanical, 3 car brick garage, storages & a common laundry in the bsmt. Fenced and manicured side yard w/ a patio affords a perfect backdrop to hosting memorable times and a serene peaceful enjoyment. Longtime tenants allow room to increase rents to market value. Live-in-prpty manager who handled maintenance had a discounted rent at $1,200 - currently moving out end of October '21. Potential is endless via live-in one unit or renovate for maximum rental income. Exceptional location with minutes to Indian Boundary Golf Park, Warren's Park ice rink and football/soccer filed, Loyola University & Lake Michigan beach shores.

Last Agent to Sell the Property

Lucas Kristen

Great Lakes Realty Central Inc License #471000643 Listed on: 09/16/2021

Last Buyer's Agent

Bradley Slater

@properties Christie's International Real Estate License #475172544

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,452

Lot Details

  • Lot Dimensions are 50x125
  • Fenced Yard

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Radiator
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $166
  • Fuel Expense $4,349
  • Insurance Expense $2,332
  • Water Sewer Expense $994
  • Gross Income $55,500
  • Net Operating Income $37,207

Additional Features

  • 3 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,452

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Condo
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 994
  • Trash Expense Year: 2020

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 37207
  • Fuel Expense: 4349
  • Insurance Expense: 2332
  • ElectricExpense: 166
  • GrossIncome: 55500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10452.13
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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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 List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $750,000 0.0% $136 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $749,900 -- $136 / 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: 11221255

Midwest Real Estate Data (MRED)

APN: 11311190080000