$500,000
SOLD SEP 18, 2018
11 Beds
5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

7% Below List Price

16 Days on Market

Highlights

  • Lower Floor Utility Room
  • Enclosed patio or porch
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of September 2018

HOT TRI-TAYLOR/ MEDICAL DISTRICT NICE TURNKEY 3 UNIT BRICK MONEY MAKER CURRENTLY GENERATING $78,000+/yr! Well maintained 2 unit plus garden with updated individual electrical panels and brand new high-efficiency individual GFA & A/C. First & second floor have hardwood floors and 4 beds/2 full baths and garden unit is 3 bed/1 bath with brand new carpeting. Units have large kitchens with wood cabinets & enclosed rear stairs. Coin laundry, 2-car garage and a nice brick paver backyard. Crazy low taxes! Great rental situation, great building in a great area with the U of I, five major hospitals, Chicago FBI headquarters and much more all within a mile of the property! PROPERTY IS SOLD AS-IS. No claims made as to the legality of the garden unit by seller or broker. Any violations are the responsibility of buyer. PLEASE CALL FOR INFO AS THIS PROPERTY MAY NOT BE FOR EVERYONE.

Last Agent to Sell the Property

Keith Schumann

@properties Christie's International Real Estate License #475158110 Listed on: 07/24/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Farhan Siddique

Selective Realty Services Inc License #475140337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1889

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $78,000

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,874

Year Built

Built in 1889

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: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • List Price: 539000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 78000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4874
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

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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
09/18/2018 09/18/18 Sold $500,000 -7.2% --
08/09/2018 08/09/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $539,000 +68.4% --
09/19/2013 09/19/13 Sold $320,000 -7.2% --
07/11/2013 07/11/13 Pending -- -- --
06/27/2013 06/27/13 Price Changed $344,900 -2.6% --
05/18/2013 05/18/13 Price Changed $354,000 -4.1% --
04/01/2013 04/01/13 Price Changed $369,000 -5.4% --
01/26/2013 01/26/13 For Sale $389,900 -- --
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: 10029037

Midwest Real Estate Data (MRED)