NOT LISTED FOR SALE
10 Beds
4 Baths
484 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: June 28, 2023

Last sale price $460,000 $950 Per Sq Ft

68 Days on Market

About This Home

As of June 2023

Fully Leased, solid cash flow property in heart of Bridgeport Chinatown. Cross the street from the Gao's Kabob, steps away from Starbucks, and numerous tasty restaurants and entertainments. Five mins to major transit including buses and CTA Redlines. 15 Min to downtown and Lakefront. The location spokes its value already. Not to mention each of the units is well maintained with its own in-unit laundry. Separate utility meters for better management. Updated Central Air throughout the property. This 4-unit home allows you to live free by leasing out the rest. Solid income property! Priced to sell. Come to check it out before it is too late! Don't forget to check out the 3D ground floor virtual tour first.

Last Agent to Sell the Property

Jack An

Richland Global Inc License #475173237 Listed on: 02/20/2023

Last Buyer's Agent

Rachel Chan

Richland Global Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,526

Year Renovated

  • 2018

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $60,000
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,526

Year Renovated

2018

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Lot Dimensions: 2500
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 54000
  • GrossIncome: 60000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,2 Story Unit/s,Coach House

Tax Info

  • Tax Annual Amount: 4526.23
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze
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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
06/28/2023 06/28/23 Sold $460,000 -21.8% $950 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $588,000 -- $1,215 / Sq Ft
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 $8,446 $60,785 $13,625 $47,160
2024 $8,446 $60,785 $13,625 $47,160
2023 $9,429 $46,000 $11,000 $35,000
2022 $9,429 $52,000 $11,000 $41,000
2021 $4,526 $52,000 $11,000 $41,000
2020 $2,534 $29,257 $11,000 $18,257
2019 $2,580 $32,874 $11,000 $21,874
2018 $5,272 $32,874 $11,000 $21,874
2017 $2,028 $25,919 $8,750 $17,169
2016 $2,275 $25,919 $8,750 $17,169
2015 $2,067 $25,919 $8,750 $17,169
2014 $3,615 $23,889 $7,500 $16,389
2013 $1,866 $23,889 $7,500 $16,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11722244

Midwest Real Estate Data (MRED)

APN: 17-28-209-014

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