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

Sale Details

Date Sold: August 13, 2020

Last sale price $559,000

5 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Patio
  • Chute Middle School Rated 9+
  • Brick or Stone Mason
  • 2-minute walk to Kee Lee Tot Lot

About This Home

As of August 2020

Charming, well-maintained 3-flat located in south Evanston. 2nd & 3rd floor units feature 3 large bedrooms, 1.1 baths, bright & airy living spaces, & rear decks. Ground floor unit features 2 bedrooms, 1 full bath, & open layout kitchen/living space. Hardwood floors throughout. All windows replaced in 2015. Exterior features include 3-vehicle off-alley parking pad, brick patio, & low-maintenance perennial landscaping. Joint laundry located on ground floor includes high-efficiency washing machine. Easy-to-rent units & strong cashflow make this a great investment property for owner-occupant or experienced investors. 3rd floor unit renovated in 2016; ground floor unit renovated in 2019. Short distance to downtown Evanston, Northwestern campus, Metra, CTA South Blvd & Howard stops, & lakefront. Priced at 7+% cap rate.

Last Agent to Sell the Property

Luminita Ispas

Century 21 S.G.R., Inc. License #475113981 Listed on: 06/10/2020

Century 21 S.G.R., Inc.

Last Buyer's Agent

Pavlo Diatkovych

KOLO PROPERTIES LLC License #475175977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,576

Year Built

  • Built in 1961 | Remodeled in 2019

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 124

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $250
  • Fuel Expense $600
  • Insurance Expense $2,200
  • Water Sewer Expense $1,800
  • Gross Income $55,322
  • Net Operating Income $40,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,576

Year Built

Built in 1961 | Remodeled in 2019

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-1st Floor
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 40600
  • Fuel Expense: 600
  • Insurance Expense: 2200
  • ElectricExpense: 250
  • GrossIncome: 55322
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10576
  • Tax Year: 2018
  • Tax Exemptions: None
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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 List to Sale Price per Sq Ft Prior Sale
08/13/2020 08/13/20 Sold $559,000 +1.8% --
06/15/2020 06/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $549,000 +32.3% --
03/22/2016 03/22/16 Sold $415,000 -2.4% -- View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $425,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $14,227 $65,000 $7,125 $57,875
2024 $14,227 $58,000 $6,000 $52,000
2023 $13,647 $58,000 $6,000 $52,000
2022 $13,647 $58,000 $6,000 $52,000
2021 $11,767 $43,753 $3,187 $40,566
2020 $11,607 $43,753 $3,187 $40,566
2019 $11,937 $50,291 $3,187 $47,104
2018 $10,576 $38,096 $2,625 $35,471
2017 $10,298 $38,096 $2,625 $35,471
2016 $9,765 $38,096 $2,625 $35,471
2015 $3,613 $30,254 $3,937 $26,317
2014 $3,504 $30,254 $3,937 $26,317
2013 $3,505 $30,254 $3,937 $26,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10742460

Midwest Real Estate Data (MRED)
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