NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1913 Built

Last Sold February 15, 2023

Last sale price $845,000

202 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of February 2023

Meticulously maintained and thoughtfully designed legal 3-unit on an extra long lot in an exceptional Lincoln Square location perfectly located near Brown-line, great dining spots and Welles and Winnemac Parks. The condo quality units have beautifully restored original wood-work, large bedrooms, remodeled kitchens with granite counters, stainless steel appliances and with true separate living/dining areas. The building was rehabbed with new electric, HVAC, plumbing, windows and roof in 2014. The all brick bldg sits on an extremely large lot with 5 parking spaces, two private extra storage areas and a detached Garage. All units pay their own utilities, come with central air and in-unit W/D so they meets every tenant's needs. Units 1 and 2 also feature a dishwasher. A completely turnkey versatile building with solid tenants that has been very well cared for and is perfect for either a live-in owner or straight investment play.

Last Agent to Sell the Property

Ryan Huyler

Compass License #475150870 Listed on: 06/23/2022

Compass

Last Buyer's Agent

Aaron Byrnes

Fulton Grace Realty License #475166869

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,685

Year Built

  • Built in 1913 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 25 x 160 x 36.5
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

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

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $695
  • Insurance Expense $4,100
  • Water Sewer Expense $1,630
  • Gross Income $72,660
  • Net Operating Income $55,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,685

Year Built

Built in 1913 | Remodeled in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Garage/Space,Laundry Hook-Up

Exterior Features

  • List Price: 874900
  • Lot Features: Corner Lot
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 5
  • Number of Cars: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 1630

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25 X 160 X 36.5
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 55792
  • Insurance Expense: 4100
  • ElectricExpense: 695
  • GrossIncome: 72660
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 15684.91
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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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 Change Sq Ft Price
02/15/2023 02/15/23 Sold $845,000 -3.4% --
01/12/2023 01/12/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $874,900 +3.5% --
12/31/2022 12/31/22 Off Market $845,000 -- --
11/11/2022 11/11/22 Price Changed $874,900 -2.2% --
07/15/2022 07/15/22 Price Changed $895,000 -2.2% --
06/23/2022 06/23/22 For Sale $915,000 0.0% --
05/01/2018 05/01/18 Rented $2,300 0.0% --
03/30/2018 03/30/18 Under Contract -- -- --
03/22/2018 03/22/18 For Rent $2,300 0.0% --
03/16/2018 03/16/18 Under Contract -- -- --
03/08/2018 03/08/18 For Rent $2,300 0.0% --
10/07/2014 10/07/14 Sold $671,500 -3.4% --
09/13/2014 09/13/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $695,000 0.0% --
08/05/2014 08/05/14 Pending -- -- --
07/26/2014 07/26/14 Price Changed $695,000 -7.3% --
07/16/2014 07/16/14 For Sale $750,000 -- --
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: 11444515

Midwest Real Estate Data (MRED)