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

Last Sold November 13, 2020

Last sale price $588,500

9 Days on Market

Highlights

  • Gated Community
  • First Floor Utility Room
  • Balcony
  • Deck
  • Fenced Yard
  • 5-minute walk to Claremont Park

About This Home

As of November 2020

Come see this great investment opportunity! Quality upgrades/updates done in 2009 with newly redone back stairway. Three open concept, spacious 2 bedroom units , 2 with 2 baths and 1 with one bath, with stackable washer and dryer inside each unit. Parking for 1 car per unit in the rear carport; plenty of on-street parking available ( no permit needed and no meters!). Maple cabinets, ss kitchen appliances, granite countertops with backsplash in the kitchen; hardwood floors and rear deck. Tiled showers and counter backsplashes in each bathroom; master bath has a massage tub. Central air; recent windows and roof, iron fencing; high-speed internet and cable ready. Close to Illinois Medical District and UIC; trendy Tri-Taylor area. Lots of great restaurants, grocery stores and shops nearby plus easy access to commuter buses and L stops (only 4.5 blocks from the 24 hour Blue Line); I-290 entrance and exit also only 4.5 blocks away. Virtual tour available. One unit currently occupied and lease applications pending on the other 2. Tenants responsible for their own gas and electric and cable/internet.

Last Agent to Sell the Property

Fred Zeilner

Exit Real Estate Partners License #475172691 Listed on: 09/24/2020

Exit Real Estate Partners

Last Buyer's Agent

Stephen Missirlian

eXp Realty License #471007719

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,132

Year Built

  • Built in 1890 | Remodeled in 2009

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room
  • Sump Pump

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 3 Units
  • Tri Taylor Subdivision

Building Details

  • Electric Expense $365
  • Insurance Expense $3,022
  • Maintenance Expense $3,000
  • Professional Management Expense $1,430
  • Trash Expense $1,000
  • Water Sewer Expense $1,500
  • Gross Income $50,625
  • Net Operating Income $38,125

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,132

Year Built

Built in 1890 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1430
  • Subdivision Name: Tri-Taylor
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2009

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Room Type: Utility Room-1st Floor, Utility Room-2nd Floor, Utility Room-Lower Level
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 595000
  • Lot Features: Fenced Yard, Outdoor Lighting, Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Alley Access, Parking Lot
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 1500
  • Other Expenses $: 11600

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 38125
  • Insurance Expense: 3022
  • ElectricExpense: 365
  • GrossIncome: 50625
  • Maintenance Expense: 3000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8131.83
  • Tax Year: 2019
  • Tax Exemptions: None

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
11/13/2020 11/13/20 Sold $588,500 -1.1% --
10/03/2020 10/03/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $595,000 +116.4% --
08/30/2013 08/30/13 Sold $275,000 -8.0% --
06/14/2013 06/14/13 Pending -- -- --
04/28/2013 04/28/13 For Sale $299,000 0.0% --
03/22/2013 03/22/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $299,000 -- --
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: 10883423

Midwest Real Estate Data (MRED)