NOT LISTED FOR SALE

Estimated Value: $499,000 - $587,529

5 Beds
4 Baths
2,560 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 06, 2022

Last sale price $510,000 $199 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,622/month

4 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 5-minute walk to Livingston Park
  • Porch
  • Paved or Partially Paved Lot

About This Home

As of August 2022

Excellent Tri-Taylor all brick 2 Story 4 unit building located in the Illinois Medical Center and UIC West Campus: East of Western Ave and West of Damen on the north side of Taylor Street. Featuring on-grade sidewalk entry first floor front retail space with 3 residential rental apartments. Long time 15 years successful florist in the first floor front retail on a month-to-month lease would like to stay. This retail store features central Gas Forced Air Heating and a 10 month old Central A/C. All four units have individual hot water heaters. The 3 apartments have individual gas forced air furnaces and newer remote control 12,000 BTU Window A/C Units. Income & Expense Report is in the "Additional Information" with plenty of photos, floor plans, and survey. This is a great building in an excellent high traffic neighborhood in very good condition. A wonderful opportunity to own for a business and or investment.

Last Agent to Sell the Property

Bill Altier

New West Realty Partners LLC License #471001781 Listed on: 06/29/2022

Last Buyer's Agent

Anthony Macias

Adonis Realty LLC License #471011166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Renovated

  • 2010

Lot Details

  • Lot Dimensions are 24' x 100'
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

Overview

  • 4 Units
  • Tri Taylor Subdivision

Building Details

  • Insurance Expense $1,653
  • Net Operating Income $28,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Renovated

2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Tri-Taylor
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished,Crawl,Exterior Access,Concrete (Basement),Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 489000
  • Lot Features: Streetlights
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24' X 100'
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 28812
  • Insurance Expense: 1653
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7044
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Campos Fernando
Bought by
Fasca Series Llc
Current Estimated Value
$551,843

Purchase Details

Closed on
May 17, 2003
Sold by
Aliferakis Stephan
Bought by
Aliferakis Stephan and Aliferakis Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fasca Series Llc -- None Listed On Document
Aliferakis Stephan -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campos Fernando $710,000
Previous Owner Campos Fernando $250,000
Previous Owner Aliferakis Stephan $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2022 08/06/22 Sold $510,000 +4.3% $199 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $489,000 -- $191 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $6,883 $58,000 $13,440 $44,560
2023 $6,709 $32,509 $10,800 $21,709
2022 $6,709 $32,509 $10,800 $21,709
2021 $6,559 $32,509 $10,800 $21,709
2020 $7,043 $31,511 $8,160 $23,351
2019 $7,137 $35,406 $8,160 $27,246
2018 $7,017 $35,406 $8,160 $27,246
2017 $7,698 $35,635 $7,200 $28,435
2016 $7,137 $35,635 $7,200 $28,435
2015 $6,530 $35,635 $7,200 $28,435
2014 $5,290 $28,511 $6,000 $22,511
2013 $5,185 $28,511 $6,000 $22,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11450188

Midwest Real Estate Data (MRED)

APN: 17-18-316-066-0000