NOT LISTED FOR SALE
7 Beds
4 Baths
602 Sq Ft
3,049 Sq Ft Lot

Last Sold October 21, 2024

Last sale price $995,000 $1,653 Per Sq Ft

3 Days on Market

Highlights

  • Forced Air Heating System
  • Coonley Elementary School Rated A-
  • 4-minute walk to North Center Town Square

About This Home

As of October 2024

Seller accepted offer on 8/23. O.H. for 8/24 has been cancelled. Discover a rare opportunity in the heart of North Center with this renovated legal 4-unit property, located in the coveted Coonley School District. The front building features three (3) beautifully updated units, including (2) 2-bed / 1-bath apartments and (1) spacious 1-bed / 1-bath apartment. In the rear, a charming two-level 2-bed /1-bath coach house awaits, ideal for future owner occupancy. Renovated in 2014, each unit boasts modern kitchens with granite countertops, stainless steel appliances, separate furnaces and in-unit washers and dryers. With a total in-place rental income of $94,140/year ($7,845/month), this property offers both immediate returns and potential for growth by adding central AC to two units. Enjoy the vibrant neighborhood with top dining and entertainment options just steps away, including local favorites like the Bad Apple, Rocks North Center, Rambler, Don Pedro, Lou Malnati's and many more. Don't miss out on this exceptional investment or live-in opportunity in a thriving Chicago community!

Last Agent to Sell the Property

Edward Liss

Triton Realty Group LLC License #475135935 Listed on: 08/20/2024

Co-Listed By

Harrison Cohen

Triton Realty Group LLC License #475177887

Last Buyer's Agent

Brandon Suzuki

Kale Realty License #475181712

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,321

Year Built

  • Built in 1910 | Remodeled in 2014

Lot Details

  • 3,049

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $334
  • Fuel Expense $541
  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,073
  • Gross Income $94,140
  • Net Operating Income $72,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,321

Year Built

Built in 1910 | Remodeled in 2014

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Finished,Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking: None

Utilities

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

Fee Information

  • Water Sewer Expenses: 2073
  • Other Expenses $: 1000
  • Trash Expense Year: 2023

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 72371
  • Fuel Expense: 541
  • Insurance Expense: 2500
  • ElectricExpense: 334
  • GrossIncome: 94140
  • Maintenance Expense: 1000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,Coach House

Tax Info

  • Tax Annual Amount: 14321
  • Tax Year: 2023
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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 Prior Sale
10/21/2024 10/21/24 Sold $995,000 0.0% $1,653 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $995,000 +147.3% $1,653 / Sq Ft
08/13/2012 08/13/12 Sold $402,300 -15.3% $668 / Sq Ft View Prior Sale
06/05/2012 06/05/12 Pending -- -- --
05/07/2012 05/07/12 Price Changed $475,000 -8.7% $789 / Sq Ft
01/10/2012 01/10/12 For Sale $519,999 -- $864 / Sq Ft
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 $14,321 $99,501 $34,844 $64,657
2024 $14,321 $99,501 $34,844 $64,657
2023 $13,961 $67,877 $28,125 $39,752
2022 $13,961 $67,877 $28,125 $39,752
2021 $16,073 $79,929 $28,125 $51,804
2020 $13,867 $62,246 $15,000 $47,246
2019 $13,946 $69,415 $15,000 $54,415
2018 $13,712 $69,415 $15,000 $54,415
2017 $12,605 $58,556 $13,125 $45,431
2016 $12,078 $60,301 $13,125 $47,176
2015 $11,050 $60,301 $13,125 $47,176
2014 $9,479 $51,091 $10,000 $41,091
2013 $9,292 $51,091 $10,000 $41,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12143680

Midwest Real Estate Data (MRED)

APN: 14-18-319-030

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