NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold May 18, 2022

Last sale price $232,000

29 Days on Market

About This Home

As of May 2022

Calling all investors. Lovely updated fully occupied, solid and spacious brick 2 flat in hot South Shore. Building features hardwood floors, updated kitchens, stainless appliances, updated bathrooms, large rear yard, new decks and much more! Unfinished basement . A great investor opportunity. Individual HVAC heating system for each unit and tenants pay heat, gas and electric. Property is convenient to schools; public transportation, including IC commuter train; shopping, Jackson Park, I-94, I-90 (Skyway), future home of the Obama Library, Lake Michigan, houses of worship and many other amenities. Great tenants and Great rents.

Last Agent to Sell the Property

Davia Lipscher

@properties Christie's International Real Estate License #475159878 Listed on: 03/09/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Randall Owens

HomeSmart Connect LLC License #475196405

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,753

Year Built

  • Built in 1907 | Remodeled in 2010

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

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 30x125

Community Details

Overview

  • 2 Units
  • Southshore Subdivision

Building Details

  • Electric Expense $480
  • Insurance Expense $3,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $668
  • Gross Income $25,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,753

Year Built

Built in 1907 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Southshore
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 668
  • Other Expenses $: 480

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 3000
  • ElectricExpense: 480
  • GrossIncome: 25740
  • Maintenance Expense: 1000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2753
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
05/18/2022 05/18/22 Sold $232,000 +1.1% --
04/08/2022 04/08/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $229,500 +155.3% --
08/14/2018 08/14/18 Sold $89,900 0.0% -- View Prior Sale
04/12/2018 04/12/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $89,900 0.0% --
04/10/2018 04/10/18 Price Changed $89,900 -10.0% --
03/28/2018 03/28/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $99,900 0.0% --
03/20/2018 03/20/18 Price Changed $99,900 +11.1% --
02/23/2018 02/23/18 Off Market $89,900 -- --
02/05/2018 02/05/18 For Sale $109,900 0.0% --
12/21/2017 12/21/17 Pending -- -- --
11/02/2017 11/02/17 Price Changed $109,900 -12.0% --
05/17/2017 05/17/17 Price Changed $124,900 -3.9% --
09/27/2016 09/27/16 For Sale $129,995 0.0% --
09/20/2016 09/20/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $129,995 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $2,329 $18,300 $2,421 $15,879
2024 $2,329 $18,300 $2,421 $15,879
2023 $2,262 $11,000 $4,035 $6,965
2022 $2,262 $11,000 $4,035 $6,965
2021 $2,212 $10,999 $4,034 $6,965
2020 $2,753 $12,358 $2,904 $9,454
2019 $2,822 $14,044 $2,904 $11,140
2018 $2,837 $14,360 $2,904 $11,456
2017 $3,391 $15,752 $2,582 $13,170
2016 $3,155 $15,752 $2,582 $13,170
2015 $2,886 $15,752 $2,582 $13,170
2014 $2,517 $13,568 $2,259 $11,309
2013 $2,468 $13,568 $2,259 $11,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342543

Midwest Real Estate Data (MRED)