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

Sale Details

Date 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

3,485 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 13, 2023
Sold by
Bought by
Seller's Agent
Delilah Walker-Brooks
Keller Williams ONEChicago
Buyer's Agent
Eric Marcus
Keller Williams ONEChicago
List Price
$474,000
Sold Price
$500,000
Premium/Discount to List
$26,000
5.49%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0738%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 28, 2018
Sold by
Bought by
Seller's Agent
Maikol Akintonde
Coldwell Banker Realty
Buyer's Agent
Delilah Walker-Brooks
Keller Williams ONEChicago
List Price
$369,900
Sold Price
$344,000
Premium/Discount to List
-$25,900
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$337,769
Interest Rate
0.0462%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bought by

Purchase Details

Listed on
Jul 19, 2016
Closed on
Mar 17, 2017
Sold by
Bought by
Seller's Agent
Andre Bennett
eXp Realty
Buyer's Agent
Munir Matariyeh
Real Broker, LLC
List Price
$88,000
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,027
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,059
Interest Rate
0.061%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 First American Title
$344,000 Chicago Title Land Trust Com
-- Chicago Title Insurance
-- Old Republic Title
-- None Available
$282,000 Multiple
-- --
$183,000 --
$175,000 Attorneys Natl Title Network
$183,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Closed $400,000
Previous Owner $337,769
Previous Owner $227,027
Previous Owner $278,059
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,587 $47,000 $2,906 $44,094
2024 $3,587 $47,000 $2,906 $44,094
2023 $3,496 $17,000 $4,844 $12,156
2022 $3,496 $17,000 $4,844 $12,156
2021 $3,418 $16,999 $4,843 $12,156
2020 $3,628 $16,285 $3,487 $12,798
2019 $3,718 $18,506 $3,487 $15,019
2018 $3,656 $18,506 $3,487 $15,019
2017 $4,540 $21,091 $3,100 $17,991
2016 $4,224 $21,091 $3,100 $17,991
2015 $3,865 $21,091 $3,100 $17,991
2014 $3,800 $20,481 $2,712 $17,769
2013 $3,725 $20,481 $2,712 $17,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11797831

Midwest Real Estate Data (MRED)
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