NOT LISTED FOR SALE

2159 W Erie St Chicago, IL 60612

West Town Neighborhood
7 Beds
4 Baths
3,487 Sq Ft
1898 Built

Last Sold August 13, 2019

Last sale price $736,500 $211 Per Sq Ft

42 Days on Market

Highlights

  • Corner Lot
  • Community Pool
  • Forced Air Heating System
  • Mitchell Elementary School Rated 9+
  • 2 Car Detached Garage
  • 4-minute walk to Superior Park

About This Home

As of August 2019

Well located Ukrainian Village Circa 1898 Wide, Expansive & Interesting Corner Brick 4 Unit with 2 car garage. Diverse floor plans with meaningful improvements offers solid investment opportunity for investor or end user. Unit break down: 1F was likely a storefront in a past life, offers soaring ceilings, open loft like layout, hardwood floors, 2 bedroom 1 bath. Unit 2F: Charming renovated 1 bedroom 1 bath, Modern Kitchen, dishwasher, central air. 1R: Set in semi stand alone single story structure connected to front 2 story building, funky yet functional 2 bedroom 1 bath with washer/dryer in unit. central air and eat in kitchen. Unit 2R; Clean & basic 2 bedroom 1 bath with direct access to roof over 1R that offers future exterior enhancement option. Full basement under 1R structure only. Roof 12-15 years old and maintained, Current Income $62,340. Building cash flows from list and offers perfect value add opportunity. See agent remarks for showing instructions and documents available.

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 05/02/2019

Co-Listed By

Staci Slattery

North Clybourn Group, Inc. License #471017646

Last Buyer's Agent

Scott Newman

Keller Williams ONEChicago License #471009246

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,413

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 24.09x123.25
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Mitchell Elementary School
  • Wells Community Academy Senior H High School

Utilities

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

Community Details

Overview

  • 4 Units
  • Ukrainian Village Subdivision

Recreation

  • Community Pool

Building Details

  • Electric Expense $360
  • Fuel Expense $720
  • Insurance Expense $2,900
  • Maintenance Expense $1,200
  • Manager Expense $1,620
  • Water Sewer Expense $1,200
  • Gross Income $62,700
  • Net Operating Income $45,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,413

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: UKRAINIAN VILLAGE
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • Room: 4

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Other
  • List Price: 799000
  • Lot Features: Corner Lot
  • Roof: Flat
  • 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

Condo/Co-op/Association

  • Manager Expense: 1620
  • Community Features: Pool, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1200

Schools

  • Elementary School: MITCHELL ELEMENTARY SCHOOL
  • High School: WELLS COMMUNITY ACADEMY SENIOR H
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24.09X123.25
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 45287
  • Fuel Expense: 720
  • Insurance Expense: 2900
  • ElectricExpense: 360
  • GrossIncome: 62700
  • Maintenance Expense: 1200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9412.89
  • Tax Year: 2017
  • Tax Exemptions: None

Range of Values:

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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
08/13/2019 08/13/19 Sold $736,500 -7.8% $211 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $799,000 -- $229 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karen Biazar

    Seller's Agent in 2019

    Karen Biazar

    North Clybourn Group, Inc.

    (773) 610-8877

    74 in this area

    868 Total Sales

    Karen Biazar
    Section Image
  • Staci Slattery

    Seller Co-Listing Agent in 2019

    Staci Slattery

    North Clybourn Group, Inc.

    (773) 645-7907

    58 in this area

    484 Total Sales

    Staci Slattery
    Section Image
  • Scott Newman

    Buyer's Agent in 2019

    Scott Newman

    Keller Williams ONEChicago

    (847) 894-5773

    10 in this area

    289 Total Sales

    Scott Newman
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10365217

Midwest Real Estate Data (MRED)

APN: 17071150010000

Illinois Cook County Chicago 60612 West Town

2159 W Erie St, Chicago, IL

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