NOT LISTED FOR SALE
9 Beds
6 Baths
7,394 Sq Ft
3,225 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $325,000 $44 Per Sq Ft

43 Days on Market

About This Home

As of January 2024

This well built 6 unit brick multi-family building is in the greater Roseland neighborhood. Five units are currently occupied and 1 unit will be occupied by 9/30/23. This property has 3 two bedroom units and 3 one bedroom units. All units have a spacious living room and dining room. Each unit is individually heated. Detached 3 car garage with ample street parking and a fenced-in backyard. This property is close to public transportation, the renowned A P Deli (corn beef sandwiches), Palmer Park, Walmart, Roseland Community Hospital and much more. This property is being sold AS IS.

Last Agent to Sell the Property

Edna Rutherford

Exit Strategy Realty / EMA Management License #475155625 Listed on: 09/15/2023

Last Buyer's Agent

Rosemary Spaulding

RW Spaulding Real Estate LLC License #471020579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1905

Lot Details

  • 3,225 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,394 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat, varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $2,100
  • Insurance Expense $3,838
  • Manager Expense $3,600
  • Other Expense $1,400
  • Trash Expense $1,800
  • Water Sewer Expense $2,300
  • Operating Expense $19,778
  • Gross Income $62,500
  • Net Operating Income $42,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1905
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 335000
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Manager Expense: 3600

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 2300
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25X125
  • Lot Size Sq Ft: 3225
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 7394

Multi Family

  • Net Operating Income: 42722
  • Fuel Expense: 2100
  • Insurance Expense: 3838
  • ElectricExpense: 1000
  • GrossIncome: 62500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19778
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2720
  • Tax Year: 2021

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/18/2024 01/18/24 Sold $325,000 -3.0% $44 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $335,000 -2.9% $45 / Sq Ft
09/16/2023 09/16/23 For Sale $345,000 -- $47 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11886007

Midwest Real Estate Data (MRED)