NOT LISTED FOR SALE
5 Beds
2 Baths
1,920 Sq Ft
1890 Built

Last Sold January 06, 2023

Last sale price $153,000 $80 Per Sq Ft

229 Days on Market

About This Home

As of January 2023

Located in Hotter then Hot McKinley Park, very rarely will you find a multi unit which hits the market, let alone one with value add potential such as this charming, classic two unit offers! This building offers tons of upside with two bedrooms in the first floor unit, three bedrooms on the second floor unit with a full basement which can be finished as well! The building has not been touched for years, the floor plan is ideal with formal living room/dining room in each unit, very large kitchen in each unit and rear porches in addition to the great bedroom count in each unit! Basement offers higher ceilings, exterior access door. The building also features 2 car detached garage and is in an amazing location. The McKinley Park community is on fire, rents are rising as are values and location is central, close to I-55, close to train, minutes from downtown! Get inside this building today see the potential and start to build equity while creating a great passive cash flow!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 04/16/2022

RE/MAX Premier

Last Buyer's Agent

Alejandra Munoz

RE/MAX Mi Casa License #475177330

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,644

Year Built

Built in 1890

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Window Air Conditioner
  • MRD_AppliancesAndFeatures: Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4644.24
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
01/06/2023 01/06/23 Sold $153,000 -9.9% $80 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/06/2022 11/06/22 For Sale $169,900 0.0% $88 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $169,900 -5.6% $88 / Sq Ft
09/29/2022 09/29/22 Price Changed $179,900 -10.0% $94 / Sq Ft
07/25/2022 07/25/22 Price Changed $199,900 -11.1% $104 / Sq Ft
06/21/2022 06/21/22 Price Changed $224,900 -10.0% $117 / Sq Ft
05/21/2022 05/21/22 Price Changed $249,900 -7.4% $130 / Sq Ft
04/16/2022 04/16/22 For Sale $269,900 -- $141 / 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 $4,394 $25,000 $9,226 $15,774
2024 $4,394 $25,000 $9,226 $15,774
2023 $4,285 $20,713 $7,440 $13,273
2022 $4,285 $20,713 $7,440 $13,273
2021 $4,165 $20,713 $7,440 $13,273
2020 $4,644 $20,713 $5,952 $14,761
2019 $4,814 $23,809 $5,952 $17,857
2018 $4,734 $23,809 $5,952 $17,857
2017 $4,459 $20,580 $5,059 $15,521
2016 $3,286 $20,580 $5,059 $15,521
2015 $0 $20,580 $5,059 $15,521
2014 -- $19,269 $3,571 $15,698
2013 -- $19,269 $3,571 $15,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11377147

Midwest Real Estate Data (MRED)

APN: 16362030240000

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