NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: March 17, 2021

Last sale price $644,000

39 Days on Market

About This Home

As of March 2021

Contract accepted 1/19/21 Located between the 606 Trail and Logan Square, this light-filled building brings in $5,000 per month. Perfect for owner occupant to build equity. Happy tenants with leases ending between spring and fall 2021 and potential to renew. Laundry available for all tenants in basement. Garden and first floor share a furnace. Second floor has its own furnace as does the 3rd floor. A/C window units are owned by the current tenants. Garden, Unit 1 and Unit 2 have dishwashers. Floors refinished and kitchens updated with stainless steel appliances in units 1 and 3. One tandem parking space can be built on the property. Adjacent coach house has one space available to rent. Located on a stately block steps from Palmer Square with great transportation and biking options. Great opportunity to invest in hot Logan Square/Palmer Square neighborhood. Legal 4 flat. All 4 units currently rented. Garden is a 1 bed/1 bath rented for $1000 through 10/31/21. First floor is a 3 bed/1 bath rented for $1625 through 4/30/21. Second floor is a 3 bed/1 bath rented for $1500 through 3/31/21. Third floor/attic unit is a 1 bed/1 bath rented for $900 through 6/31/21.

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 12/11/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,393

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Funston Elementary School
  • Clemente Community Academy Senio High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,000
  • Insurance Expense $2,400
  • Maintenance Expense $4,000
  • Gross Income $60,300
  • Net Operating Income $37,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,393

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 1200

Schools

  • Elementary School: Funston Elementary School
  • High School: Clemente Community Academy Senio
  • Middle/Junior School: Funston Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3550 SQ FT.
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 37000
  • Insurance Expense: 2400
  • ElectricExpense: 3000
  • GrossIncome: 60300
  • Maintenance Expense: 4000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9393.47
  • Tax Year: 2019
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
03/17/2021 03/17/21 Sold $644,000 -0.9% --
01/19/2021 01/19/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $650,000 +66.7% --
09/08/2015 09/08/15 Sold $390,000 0.0% -- View Prior Sale
08/31/2015 08/31/15 Off Market $390,000 -- --
07/13/2015 07/13/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $424,900 -- --
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 $8,562 $56,000 $13,135 $42,865
2024 $8,562 $56,000 $13,135 $42,865
2023 $8,875 $40,437 $7,953 $32,484
2022 $8,875 $43,000 $7,953 $35,047
2021 $8,675 $43,000 $7,953 $35,047
2020 $9,061 $40,529 $5,147 $35,382
2019 $9,393 $46,585 $5,147 $41,438
2018 $9,202 $46,585 $5,147 $41,438
2017 $5,923 $27,513 $4,615 $22,898
2016 $5,511 $27,513 $4,615 $22,898
2015 $5,042 $27,513 $4,615 $22,898
2014 $4,449 $23,977 $4,260 $19,717
2013 $4,361 $23,977 $4,260 $19,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10952031

Midwest Real Estate Data (MRED)
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