NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
1881 Built

Last Sold March 18, 2016

Last sale price $1,980,000

5 Days on Market

About This Home

As of March 2016

One-of-kind trophy property that's been gutted to the brick in an A++ location 1 block from Oz Park in Oscar Mayer school district. Prof. designed with hotel style finishes, this bldg features soaring ceilings and tons of light; a penthouse level 2 bed, 2 bath unit; a mid-level 2 bed, 2 bath unit; and a first floor 4 bed, 2 bath duplex unit with separate entrance to the lower level. Custom finishes, and the penthouse has been professionally designed and furnished for corporate or furnished rental! Custom cabinetry by Archisesto, exposed brick, glass showers, all new mechanicals, windows, oak floors, in-unit w/d. Each floor has a different design, and the income potential is tremendous. Broker projected income as an unfurnished building is approximately $12,000/mo, with huge upside potential from retaining the furniture and renting out as a corporate / furnished rental (seller would consider selling furnished). 2 car pkg pad, balconies off each floor. Agent owned.

Last Agent to Sell the Property

Michael Hagenson

New Era Chicago, LLC License #471004177 Listed on: 02/16/2016

Last Buyer's Agent

Veronica Miklusicak

@properties Christie's International Real Estate License #475139463

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,509

Year Built

  • Built in 1881

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Oscar Mayer Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,509

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1881
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • List Price: 1995000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Elementary School: OSCAR MAYER ELEMENTARY SCHOOL
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 15509.37
  • Tax Year: 2014

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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 Change Sq Ft Price
03/18/2016 03/18/16 Sold $1,980,000 -0.8% --
02/21/2016 02/21/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,995,000 +119.2% --
09/04/2014 09/04/14 Sold $910,000 -8.5% --
07/20/2014 07/20/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $995,000 -- --
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: 09140973

Midwest Real Estate Data (MRED)