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
  • Evanston Township High School Rated A+
  • Brick or Stone Mason
  • 1-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

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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

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

Listed on
Jun 10, 2020
Closed on
Aug 12, 2020
Sold by
Manwell Alexander Nolan
Bought by
Seller's Agent
Luminita Ispas
Century 21 S.G.R., Inc.
Buyer's Agent
Pavlo Diatkovych
KOLO PROPERTIES LLC
List Price
$549,000
Sold Price
$559,000
Premium/Discount to List
$10,000
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
$447,200
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 10, 2016
Sold by
Weitz Ronald
Bought by
Manwell Alexander Nolan
Seller's Agent
John Wyman
@properties Christie's International Real Estate
Buyer's Agent
Luminita Ispas
Century 21 S.G.R., Inc.
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$410,125
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1998
Sold by
Weitz Estelle
Bought by
Weitz Estelle and Estelle Weitz Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Southeast Evanston, IL

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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
$559,000 Greater Illinois Title
Manwell Alexander Nolan $425,000 Ct
Weitz Estelle -- --
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 $447,200
Previous Owner Manwell Alexander Nolan $410,125
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 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 -- -- View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10742460

Midwest Real Estate Data (MRED)
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