NOT LISTED FOR SALE
9 Beds
7 Baths
-- Sq Ft
1929 Built

Last Sold June 22, 2022

Last sale price $875,000

7 Days on Market

Highlights

  • Prairie Architecture
  • Workshop
  • Heating System Uses Steam
  • Whirlpool Bathtub
  • Entrance Foyer

About This Home

As of June 2022

Fantastic opportunity to own a meticulously maintained 4 flat in West Ridge. The outside of the building could not look any better than it already does. This building has real charm you rarely find these days. Entire inside, and you'll find an equally inviting entrance area with 4 separate storage units. The basement unit is a 1 bed/ 1 bath loft that has serious potential as an Airbnb short term rental. The 3 units above, all have large, spacious living and dining rooms, updated kitchens and bathrooms and cozy bedrooms. The top floor unit has a master suite. On top of that, each unit has in-unit laundry. On-site parking for three cars in the back! This building is the perfect turn key investment property candidate that you have to see to fully appreciate.

Last Agent to Sell the Property

Beniamin Ilciuc

Mihaila Realty LTD License #475182054 Listed on: 04/19/2022

Last Buyer's Agent

Brenda Rodgers

Reality Realtors Corp. License #471013043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,007

Year Built

  • Built in 1929 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 33 x 125

Home Design

  • Prairie Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Entrance Foyer
  • Workshop

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 7 Bathrooms
  • Whirlpool Bathtub
  • Shower Body Spray

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

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

Utilities

  • Radiator
  • Heating System Uses Steam

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $2,588
  • Insurance Expense $1,735
  • Water Sewer Expense $2,689
  • Gross Income $75,600
  • Net Operating Income $68,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,007

Year Built

Built in 1929 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Prairie
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Room Type: Foyer, Workshop
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Full Body Spray Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 7
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
  • Room: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 875000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 2689

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 33 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 68228
  • Fuel Expense: 2588
  • Insurance Expense: 1735
  • ElectricExpense: 360
  • GrossIncome: 75600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10006.58
  • Tax Year: 2020

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 Change Sq Ft Price
06/22/2022 06/22/22 Sold $875,000 0.0% --
04/27/2022 04/27/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $875,000 +75.0% --
06/04/2013 06/04/13 Sold $499,900 0.0% --
04/11/2013 04/11/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $499,900 -- --
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: 11378539

Midwest Real Estate Data (MRED)