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

Sale Details

Date 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

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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

3,049 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 17, 2022
Sold by
In8 Properties Llc
Bought by
Seller's Agent
Davia Lipscher
@properties Christie's International Real Estate
Buyer's Agent
Randall Owens
HomeSmart Connect LLC
List Price
$229,500
Sold Price
$232,000
Premium/Discount to List
$2,500
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 2, 2016
Closed on
Jul 8, 2018
Sold by
Brown Douglas
Bought by
In8 Properties Llc South Shore Ridgeland
Seller's Agent
James Mattz
Keller Williams Preferred Rlty
Buyer's Agent
Davia Lipscher
@properties Christie's International Real Estate
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%
Original Mortgage
$116,025
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 1999
Sold by
Chicago Title Land Trust Company
Bought by
Hall Alice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1998
Sold by
Builders Capital Corp
Bought by
Chicago Title Land Trust Company and Trust #1106376

Purchase Details

Closed on
Jul 10, 1998
Sold by
Austin Bank Of Chicago
Bought by
Builders Capital Corp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$232,000 Proper Title
In8 Properties Llc South Shore Ridgeland $90,000 Fidelity National Title
Hall Alice L $157,000 --
Chicago Title Land Trust Company $35,000 --
Builders Capital Corp $20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed --
Previous Owner In8 Properties Llc South Shore Ridgeland $116,025
Previous Owner Hall Alice L $141,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)
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