NOT LISTED FOR SALE
8 Beds
3 Baths
3,285 Sq Ft
1910 Built

Last Sold November 10, 2021

Last sale price $777,500 $237 Per Sq Ft

4 Days on Market

Highlights

  • Enclosed Balcony
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2021

Fantastic investor opportunity with this income-producing, fully rented classic Chicago 3-FLAT in the heart of UK Village's historic district. It's located on a lovely tree lined street just steps away from the Damen/ Division cooridor. The third floor is a stunning newly updated 3 bed 1 bath fully rehabbed beauty. Second floor is also a 3 bed 1 bath updated unit. First floor is a spacious 2bdr/1ba with plenty of storage. Keep this unit as is for great income or fix it up to get even higher rents. All units have central ac and gas forced air and lots of storage. Tenants pay all utilities. All units have great high ceilings and let in loads of light. The property has an amazing backyard with grass and an area for BBQ's and seating as well as a 2 car garage. Washer/ dryer is located in the back of the buidling. No shortage of renters for a building located in one of the most desirable parts of Ukrainian Village. Just a hop, skip, and a jump to all of the fantastic restaurants, shops and nightlife on booming Damen & Division including Bourbon on Division, Milk n Honey, Mirai Sushi Split-Rail, Empty Bottle, WHISK, and The Fifty/50. Don't miss this opportunity to own and invest in this highly in-demand neighborhood! Real.Vision 3d tour is avail upon request.

Last Agent to Sell the Property

Davia Lipscher

@properties Christie's International Real Estate License #475159878 Listed on: 09/08/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,891

Year Built

  • Built in 1910

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

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

Additional Features

  • Enclosed Balcony
  • Lot Dimensions are 25x125

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,486
  • Water Sewer Expense $172
  • Gross Income $70,680
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,891

Year Built

Built in 1910

Parking

2

Listing Details

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

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Room Type: Enclosed Balcony
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 172

Lot Info

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

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 55000
  • Insurance Expense: 2486
  • GrossIncome: 70680
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 12891
  • Tax Year: 2019
  • Tax Exemptions: Homeowner
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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
11/10/2021 11/10/21 Sold $777,500 -2.2% $237 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $795,000 -- $242 / 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 $12,008 $80,000 $26,100 $53,900
2024 $12,008 $80,000 $26,100 $53,900
2023 $13,718 $56,741 $21,000 $35,741
2022 $13,718 $66,694 $21,000 $45,694
2021 $14,211 $74,000 $21,000 $53,000
2020 $12,134 $57,570 $10,200 $47,370
2019 $12,891 $67,589 $10,200 $57,389
2018 $12,673 $67,589 $10,200 $57,389
2017 $10,899 $54,005 $9,000 $45,005
2016 $10,316 $54,005 $9,000 $45,005
2015 $9,415 $54,005 $9,000 $45,005
2014 $8,158 $46,536 $7,500 $39,036
2013 $7,985 $46,536 $7,500 $39,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11212712

Midwest Real Estate Data (MRED)

APN: 17063100090000

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