NOT LISTED FOR SALE
11 Beds
8 Baths
-- Sq Ft
-- Built

Last Sold July 09, 2024

Last sale price $957,500

7 Days on Market

Highlights

  • Deck
  • Balcony
  • 4-minute walk to Starr (Ellen Gates) Park
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of July 2024

Incredible investment opportunity located just west of the United Center. This property was meticulously renovated in 2016 from the studs up and offers investors the chance to get a well-maintained and newer property with strong rental demand/ leases in place. Situated within walking distance to the new 2024 Green Line Damen L stop, this property offers tenants easy access to express bus transportation to the Loop, West Loop, West Town, UIC and the Illinois Medical District. Residents are drawn to this neighborhood due to its proximity to Suder Montessori Magnet School just 2 blocks away, and the West Loop Montessori Academy. Additionally, Pete's Fresh Market, a large grocery store, is conveniently located just 2 blocks from the property. Originally purchased in 2015, this building has undergone extensive renovations. The result is a building that is essentially brand new from the exterior bricks inward, featuring new joists, flooring and framing, updated plumbing and electrical systems, modern windows, updated kitchens and bathrooms, and sump and ejector pits for the garden unit as well as an elevated sewer connection to prevent flooding. The rear exterior metal stairs were replaced in 2016, and all the HVAC, water heater, and A/C condenser units were replaced in the same year. The front brick facade was tuckpointed and sealed in recent years, and a new roof layer was added. Units 1-3 include assigned parking spots on the rear parking pad. Unit B features its own intercom and remote gate entry buzzer.

Last Agent to Sell the Property

Darrell Scott

Compass License #475156044 Listed on: 05/20/2024

Compass

Last Buyer's Agent

Yusuf Ozer

Troy Real Estate LLC License #471020410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,351

Year Renovated

  • 2016

Lot Details

  • Lot Dimensions are 30x124
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 8 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,351

Year Renovated

2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Rebuilt Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 11
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 8
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • Room: 7

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Brick/Mortar
  • List Price: 949900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Alley Access
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30X124
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11351.15
  • Tax Year: 2022

Multi Family

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

Range of Values:

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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 Prior Sale
07/09/2024 07/09/24 Sold $957,500 +0.8% --
05/29/2024 05/29/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $949,900 +295.8% --
10/16/2015 10/16/15 Sold $240,000 -10.8% -- View Prior Sale
09/10/2015 09/10/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $269,000 -- --
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: 12060983

Midwest Real Estate Data (MRED)