$125,000
SOLD APR 29, 2019
6 Beds
2 Baths
2,880 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

37% Below List Price

137 Days on Market

About This Home

As of December 2019

On the border of two up and coming markets, blocks from McKinley PArk this rarely available multi unit provides unlimited potential as well as passive cash flow for a buyer with vision! This building is on a nice deep lot, offers 4 bedrooms on main level unit and 2 in the 2nd unit, detached 2 car garage and much more! Live in one unit and rent the other out or rent out both units and collect a passive income! Either way, this is a win-win situation! The location could not be better, blocks from I-55, new construction across street, development off Archer, LA Fitness within walking distance. Get in the area before the curve and watch your equity soar!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 11/25/2018

RE/MAX Premier

Last Buyer's Agent

Angelo Kalaras

SR Realty Group Inc. License #475140978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1875

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 135x30

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 149000
  • Waterfront: No
  • Exterior Building Type: Frame

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, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 135X30
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3458.35
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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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
12/18/2019 12/18/19 Sold $335,000 -1.4% $116 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $339,900 +171.9% $118 / Sq Ft
04/29/2019 04/29/19 Sold $125,000 -16.1% $43 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $149,000 -25.5% $52 / Sq Ft
03/04/2019 03/04/19 For Sale $199,900 0.0% $69 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $199,900 -4.5% $69 / Sq Ft
12/06/2018 12/06/18 Price Changed $209,400 -8.7% $73 / Sq Ft
11/25/2018 11/25/18 For Sale $229,400 -- $80 / Sq Ft
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: 10143300

Midwest Real Estate Data (MRED)

APN: 16364070120000