NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: September 14, 2016

Last sale price $1,192,000

54 Days on Market

Highlights

  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • 4-minute walk to Mid-North Park
  • Abraham Lincoln Elementary School Rated A

About This Home

As of September 2016

Spacious 3 Flat in East Lincoln Park. Two 3 Bed/1 Bath Units & One 2 Bed/1 Bath Unit. Hardwood Floors Throughout. Updated Eat-In Kitchens Features New Granite Counters. Separate Dining Rooms & Light-Filled Living Rooms with Wood-Burning Fireplace. Gorgeous Front Courtyard on Quiet Tree Lined Street. Amazing Location. Close to Shops, Restaurants, Lincoln Park Zoo & Lake Front Trail.

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 05/26/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Sam Cusentino

Compass License #475170980

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,777

Year Built

  • Built in 1886

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 22x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Tar and Gravel Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $81,850
  • Net Operating Income $66,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,777

Year Built

Built in 1886

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Wood,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Wood

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 21701

Schools

  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • High School: LINCOLN PARK HIGH SCHOOL
  • Middle/Junior School: LINCOLN ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 66014
  • GrossIncome: 81850
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 16776.82
  • Tax Year: 2014
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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
09/14/2016 09/14/16 Sold $1,192,000 +6.0% --
07/19/2016 07/19/16 Pending -- -- --
07/08/2016 07/08/16 Price Changed $1,125,000 -11.8% --
06/28/2016 06/28/16 Price Changed $1,275,000 -5.6% --
05/26/2016 05/26/16 For Sale $1,350,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $23,526 $122,458 $43,540 $78,918
2024 $23,526 $122,458 $43,540 $78,918
2023 $22,912 $114,817 $35,113 $79,704
2022 $22,912 $114,817 $35,113 $79,704
2021 $23,717 $121,271 $35,112 $86,159
2020 $20,703 $96,035 $30,899 $65,136
2019 $20,750 $106,706 $30,899 $75,807
2018 $20,399 $106,706 $30,899 $75,807
2017 $22,509 $107,937 $25,281 $82,656
2016 $21,118 $107,937 $25,281 $82,656
2015 $19,298 $107,937 $25,281 $82,656
2014 $16,777 $92,991 $19,663 $73,328
2013 $16,913 $92,991 $19,663 $73,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09238173

Midwest Real Estate Data (MRED)
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