NOT LISTED FOR SALE
10 Beds
5 Baths
3,416 Sq Ft
0.8 Acres

Last Sold August 06, 2021

Last sale price $915,000 $268 Per Sq Ft

8 Days on Market

About This Home

As of August 2021

Fantastic opportunity in West Town/Ukrainian Village. Total of 5 units in this all brick construction building. 4 units with original woodwork, clawfoot tubs, and hardwood flooring. Walk-in pantries for extra storage in units. Built in china cabinets with beautiful original woodwork in most units. High ceilings. Basement features the 5th unit & large storage area with laundry (washer & dryer included). Mostly fenced yard. Close to shopping & public transportation. Only minutes to expressways. Units need some updating. Being sold as-is. All tenants on month-to-month verbal leases. Rents are way below market rent. Market rents for this area range $1000-1400/mo and could be $1500+/mo remodeled.

Last Agent to Sell the Property

Annette Panzek

Annette C Panzek LTD License #471005212 Listed on: 04/07/2021

Co-Listed By

Daniel Akey

Annette C Panzek LTD License #475107097

Last Buyer's Agent

Kevin Schnell

33 Realty License #471021306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,636

Year Built

  • Built in 1916

Lot Details

  • 35,000 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,416 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, varies by tenant

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,382
  • Fuel Expense $1,120
  • Insurance Expense $3,861
  • Maintenance Expense $2,670
  • Trash Expense $1,361
  • Water Sewer Expense $3,066
  • Operating Expense $12,781
  • Gross Income $27,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,636

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1916
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,Seller's Disclosure,Show-Special Instructions,No Sign on Property,Court Approval Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Partially Finished,Exterior Access
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 3
  • Ranges: 5
  • Number of Windows: 1
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 995000
  • Exterior Building Type: Brick
  • Misc Outside: Balcony/ies,Enclosed Stairs

Utilities

  • Cooling: None
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Gas,Space Heaters
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1361
  • Water Sewer Expenses: 3066
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 3500 SQ. FT.
  • Lot Size Sq Ft: 35000
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Varies by Tenant
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 3416
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector

Multi Family

  • Fuel Expense: 1120
  • Insurance Expense: 3861
  • ElectricExpense: 1382
  • GrossIncome: 27360
  • Maintenance Expense: 2670
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 12781
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 15636.4
  • Tax Year: 2019

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
08/06/2021 08/06/21 Sold $915,000 0.0% $268 / Sq Ft
06/30/2021 06/30/21 Off Market $915,000 -- --
04/17/2021 04/17/21 For Sale -- -- --
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $995,000 -- $291 / 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: 11046213

Midwest Real Estate Data (MRED)

APN: 17063220280000