NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $500,000

5 Days on Market

Highlights

  • Corner Lot
  • 3 Car Detached Garage
  • Intercom
  • Fenced Yard
  • Porch
  • Forced Air Heating System

About This Home

As of July 2023

Looking for an exceptional 4-unit brick building? Look no further! Located in the heart of South Chicago, this beautiful, well-maintained building has all the upgrades needed to attract top-notch tenants. Each unit features hardwood floors throughout, upgraded kitchen with 42" cherry cabinetry, granite countertops, travertine backsplash, stainless steel appliances, in-unit washer and dryer, central air and garage parking. The basement is partially finished and has ample storage spaces for each resident. This is a true turnkey investment for any beginner or seasoned investor. Property is located in close proximity to schools, parks, public transportation, and I-90 The Skyway.

Last Agent to Sell the Property

Delilah Walker-Brooks

Keller Williams ONEChicago License #475172593 Listed on: 06/02/2023

Keller Williams ONEChicago

Last Buyer's Agent

Eric Marcus

Keller Williams ONEChicago License #471010094

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1921 | Remodeled in 2017

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 125
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Home Security

  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $60,000
  • Net Operating Income $55,082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1921 | Remodeled in 2017

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: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Other Equipment: Intercom, CO Detectors
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 4918

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 31 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 55082
  • GrossIncome: 60000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3418.35
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/13/2023 07/13/23 Sold $500,000 +5.5% --
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $474,000 +37.8% --
06/28/2018 06/28/18 Sold $344,000 -9.5% -- View Prior Sale
05/10/2018 05/10/18 Pending -- -- --
05/10/2018 05/10/18 Price Changed $380,000 +2.7% --
05/03/2018 05/03/18 For Sale $369,900 +320.3% --
03/17/2017 03/17/17 Sold $88,000 0.0% -- View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $88,000 0.0% --
07/25/2016 07/25/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $88,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11797831

Midwest Real Estate Data (MRED)