NOT LISTED FOR SALE

2138 N Sheffield Ave Chicago, IL 60614

Lincoln Park Neighborhood
7 Beds
5 Baths
-- Sq Ft
1896 Built

Sale Details

Date Sold: May 27, 2016

Last sale price $1,300,000 $0 Per Sq Ft

122 Days on Market

About This Home

As of May 2016

Located in the heart of DePaul, this traditional Lincoln Park brick multi-family building includes five rented apartments (three 1bed/1bath+den, one 2bed/1bath + den, one 2bed/1bath units). The building also generates income via laundry/garage parking and features individual HVAC, utilities & hardwood floors per unit. Near the Fullerton and Armitage EL stops, CTA bus lines & thriving entertainment/restaurant life. This A+ location offers a great investment/development/value-add opportunity.

Last Agent to Sell the Property

Chris Stefani

Keller Williams ONEChicago License #471005640 Listed on: 11/06/2015

Keller Williams ONEChicago

Last Buyer's Agent

Nancy Taylor

Berkshire Hathaway HomeServices Chicago License #471009222

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Year Built

  • 1896

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1896

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2015
  • Net Oper Income: 75480
  • Total Annual Exp: 13500
  • Total Annual Income: 102660
  • Total Monthly Income: 8552
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 2
  • Estimated Year Built: 1896
  • Type Multi Family: Four Plus One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1896

Exterior Features

  • Construction: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 2

Utilities

  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electrical Service: Circuit Breakers, 201-600 Amps

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 14322160260000

Rental Info

  • Gross Rental Income: 98100
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2015
  • Number Of Dishwashers: 4
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14290

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
May 25, 2016
Sold by
Bought by
Seller's Agent
Chris Stefani
Keller Williams ONEChicago
Buyer's Agent
Nancy Taylor
Berkshire Hathaway HomeServices Chicago
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,600
Interest Rate
0.0412%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
0.0622%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
0.0693%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
0.0688%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,300,000 Old Republic Title
$990,000 Multiple
$950,000 --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $511,600
Closed $792,000
Closed $545,000
Previous Owner $372,000
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
05/27/2016 05/27/16 Sold $1,300,000 -3.7% --
03/07/2016 03/07/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $1,350,000 -- --
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 $25,108 $122,000 $48,050 $73,950
2024 $25,108 $122,000 $48,050 $73,950
2023 $24,476 $119,000 $38,750 $80,250
2022 $24,476 $119,000 $38,750 $80,250
2021 $23,930 $119,000 $38,750 $80,250
2020 $23,334 $104,743 $34,100 $70,643
2019 $25,455 $126,697 $34,100 $92,597
2018 $25,027 $126,697 $34,100 $92,597
2017 $24,799 $115,198 $27,900 $87,298
2016 $23,073 $115,198 $27,900 $87,298
2015 $21,110 $115,198 $27,900 $87,298
2014 $14,290 $77,021 $21,700 $55,321
2013 $14,008 $77,021 $21,700 $55,321
Source: Public Records

Agents Affiliated with this Home

  • Chris Stefani

    Seller's Agent in 2016

    Chris Stefani

    Keller Williams ONEChicago

    (312) 672-2250

    2 in this area

    39 Total Sales

    Chris Stefani
    Section Image
  • Nancy Taylor

    Buyer's Agent in 2016

    Nancy Taylor

    Berkshire Hathaway HomeServices Chicago

    (847) 514-4737

    23 Total Sales

    Nancy Taylor
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09080860

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60614 Lincoln Park

2138 N Sheffield Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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