NOT LISTED FOR SALE

229 W Alexander St Chicago, IL 60616

Chinatown Neighborhood
4 Beds
2 Baths
2,208 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: November 8, 2018

Last sale price $280,000 $127 Per Sq Ft

12 Days on Market

About This Home

As of November 2018

LOCATION, LOCATION, LOCATION..Rarely ava 2 flat plus bsmt in the heart of Chinatown... this property needs major TLC and sold in AS-IS condition.... ******** SOLD BEFORE PRINT ****************

Last Agent to Sell the Property

Brian Mak

Baird & Warner License #475092346 Listed on: 06/10/2018

Co-Listed By

Brian Mak

Baird & Warner License #475167915

Last Buyer's Agent

Brian Mak

Baird & Warner License #475092346 Listed on: 06/10/2018

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,371

Year Built

  • Built in 1885

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 25 x 67
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units
  • 2 Flats

Building Details

  • Gross Income $25,200
  • Net Operating Income $13,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,371

Year Built

Built in 1885

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 11342

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.03
  • Lot Dimensions: 25 X 67
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 13858
  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 9371
  • Tax Year: 2016
  • 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

Closed on
Mar 9, 2023
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
$15,553,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2020
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
$2,556,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 10, 2018
Closed on
Nov 8, 2018
Sold by
Bought by
Seller's Agent
Brian Mak
Baird & Warner
Buyer's Agent
Brian Mak
Baird & Warner
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chinatown, IL

  • Cinny Chui Real Estate Agent - Century 21 Realty Associates

    Cinny Chui

    Century 21 Realty Associates

    (888) 255-3717

    47 Total Sales

    3 in Chinatown

    $300K - $400K Price Range

    Cinny Chui
     Section Image
  • Cathy Wu Real Estate Agent - AiHome Realty Group LLC

    Cathy Wu

    AiHome Realty Group LLC

    (833) 658-6671

    94 Total Sales

    1 in Chinatown

    $319,000 Price

    Cathy Wu
     Section Image
  • Stephen Taylor Real Estate Agent - HomeSmart Realty Group

    Stephen Taylor

    HomeSmart Realty Group

    (708) 394-7060

    32 Total Sales

    1 in Chinatown

    $495,000 Price

    Stephen Taylor
     Section Image
  • Cecille Plurad Real Estate Agent - Coldwell Banker Realty

    Cecille Plurad

    Coldwell Banker Realty

    (877) 761-6689

    180 Total Sales

    1 in Chinatown

    $230,000 Price

    Cecille Plurad
     Section Image
  • Evan Peng Real Estate Agent - Landmark Property Group Realty, LLC

    Evan Peng

    Landmark Property Group Realty, LLC

    (877) 589-9448

    157 Total Sales

    3 in Chinatown

    $269K - $600K Price Range

    Evan Peng
     Section Image
  • Megan Hughes Real Estate Agent - @properties Christie's International Real Estate

    Megan Hughes

    Responds Quickly

    @properties Christie's International Real Estate

    (773) 692-6630

    5 Total Sales

    1 in Chinatown

    $220,000 Price

    Megan Hughes
     Section Image
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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
-- Servicelink
-- Attorney
$670,000 Chicago Title
-- None Available
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
Previous Owner $15,553,000
Previous Owner $2,556,000
Previous Owner $536,000
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
11/08/2018 11/08/18 Sold $280,000 +1.8% $127 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $275,000 0.0% $125 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $275,000 -- $125 / Sq Ft
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 $11,494 $42,581 $9,129 $33,452
2024 $11,494 $42,581 $9,129 $33,452
2023 $11,205 $54,478 $7,370 $47,108
2022 $11,205 $54,478 $7,370 $47,108
2021 $10,955 $54,477 $7,370 $47,107
2020 $6,290 $28,236 $7,370 $20,866
2019 $10,766 $53,586 $7,370 $46,216
2018 $10,585 $53,586 $7,370 $46,216
2017 $10,072 $46,787 $5,862 $40,925
2016 $9,371 $46,787 $5,862 $40,925
2015 $8,574 $46,787 $5,862 $40,925
2014 $7,227 $38,951 $5,025 $33,926
2013 $7,084 $38,951 $5,025 $33,926
Source: Public Records

Agents Affiliated with this Home

  • Brian Mak Real Estate Agent - Baird & Warner

    Seller's Agent in 2018

    Brian Mak

    Baird & Warner

    (773) 968-3332

    3 in this area

    34 Total Sales

    Brian Mak
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09980377

Midwest Real Estate Data (MRED)

APN: 17282110170000

Illinois Cook County Chicago 60616 Chinatown

229 W Alexander St, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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