$1,435,000
SOLD APR 17, 2025
12 Beds
8 Baths
-- Sq Ft
1925 Built

Recently Sold

9% Below List Price

16 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Porch
  • Sun or Florida Room
  • 3 Car Detached Garage
  • 2-minute walk to Maple Park

About This Home

As of April 2025

Stunning four flat in Palmer Square. This fully leased 4-unit building spans over 8,000sqft of living space while sitting on an extra-large 30X150 corner lot. Building is all brick with a brick 3-car garage. Each unit occupies an entire floor, units 1-3 are expansive 2,200sqft with 3 bedrooms, 2 bathrooms, large living room, separate dining area and kitchens equipped with gas stoves, fridge, microwave and dishwasher. Units also have a back sunroom perfect for a home office or art studio. Units 1-3 have radiant heating. The garden unit, also with 3 bed, 2 bath spanning just under 2,000sqft has central air/heating. All units have oak floors throughout and tons of windows flooding all homes with natural light. Windows replaced in 2021. New back stairs 2023. Hot water heater 2024. Tenants pay their own utilities besides water. Two common patios for tenant's enjoyment overlooking the tree lined street. One block to Kimball or Armitage bus stop. Less than a mile to the California Blue Line stop and a few blocks away from all the shops, cafes and nightlife Palmer and Logan Square has to offer!

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 02/12/2025

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Tanner Peterson

Berkshire Hathaway HomeServices Chicago License #475194303

Last Buyer's Agent

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 02/12/2025

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,091

Year Built

  • Built in 1925 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 30 x 150
  • Fenced
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Window Screens
  • Entrance Foyer
  • Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Intercom

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $129,000
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,091

Year Built

Built in 1925 | Remodeled in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Foyer, Sun Room
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Patio And Porch Features: Patio, Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights

Lot Info

  • Lot Dimensions: 30 X 150
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Other

Multi Family

  • GrossIncome: 129000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 14091.39
  • Tax Year: 2023
  • Tax Exemptions: None
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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
04/17/2025 04/17/25 Sold $1,435,000 -7.4% --
02/28/2025 02/28/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $1,549,000 -1.7% --
02/12/2025 02/12/25 For Sale $1,575,000 +36.4% --
09/15/2023 09/15/23 Sold $1,155,000 -12.8% -- View Prior Sale
07/17/2023 07/17/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $1,325,000 -- --
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 $14,480 $115,500 $16,650 $98,850
2024 $14,480 $115,500 $16,650 $98,850
2023 $14,091 $71,699 $13,500 $58,199
2022 $14,091 $71,699 $13,500 $58,199
2021 $13,793 $71,698 $13,500 $58,198
2020 $11,547 $54,750 $6,525 $48,225
2019 $11,998 $62,931 $6,525 $56,406
2018 $14,772 $78,217 $6,525 $71,692
2017 $12,173 $59,923 $5,850 $54,073
2016 $11,502 $59,923 $5,850 $54,073
2015 $10,500 $59,923 $5,850 $54,073
2014 $10,222 $57,662 $5,400 $52,262
2013 $10,009 $57,662 $5,400 $52,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12287512

Midwest Real Estate Data (MRED)