NOT LISTED FOR SALE
13 Beds
6 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $1,550,000

42 Days on Market

About This Home

As of August 2021

Majestic & totally gutted (2019)extra wide legal 5 unit Graystone building in a sizzling hot location in Logan Square. This is a perfect armchair investment with low/no maintenance, high quality leases, prime location in thriving Logan Square. The front Graystone building consists of four units: 3 x large three bedroom units & 1 x one bed/den unit The rear Coach House Is a 2 bed 2 bath duplex. The apartments are super wide with high ceilings units and feature- new electric, plumbing, individual HVAC, windows, roof and siding. Condo quality finishes include stainless appliances, quartz counters, porcelain baths, custom trim, in unit W/D's, new oak hardwood flooring and custom lighting. Private outdoor space for all units.

Last Agent to Sell the Property

Sam Jenkins

Jameson Sotheby's Intl Realty License #475141821 Listed on: 04/28/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Molly Marino

Baird & Warner License #475124876

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,578

Year Built

  • Built in 1892

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 31 x 103

Home Design

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

Interior Spaces

  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $250
  • Fuel Expense $250
  • Insurance Expense $3,396
  • Maintenance Expense $2,094
  • Water Sewer Expense $1,000
  • Operating Expense $19,578
  • Gross Income $126,180
  • Net Operating Income $106,602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,578

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1892
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: New Rehab
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 13
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Finished
  • Fireplaces: 5
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 1650000
  • Roof Structure: Flat

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Utilities: Sewer-Storm Available, Water to Site
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Fee Information

  • Water Sewer Expenses: 1000
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 31 X 103
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 106602
  • Fuel Expense: 250
  • Insurance Expense: 3396
  • ElectricExpense: 250
  • GrossIncome: 126180
  • Maintenance Expense: 2094
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 19578
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12578
  • Tax Year: 2019

Range of Values:

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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
08/26/2021 08/26/21 Sold $1,550,000 -6.1% --
06/09/2021 06/09/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $1,650,000 -2.4% --
04/28/2021 04/28/21 For Sale $1,690,000 +100.0% --
11/19/2018 11/19/18 Sold $845,000 -11.0% --
08/19/2018 08/19/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $949,900 -- --
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: 11068325

Midwest Real Estate Data (MRED)