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

Sale Details

Date Sold: June 3, 2022

Last sale price $849,000

2 Days on Market

Highlights

  • Deck
  • Loft
  • 2 Car Detached Garage
  • Prescott Elementary School Rated A-
  • Den
  • 2-minute walk to Schaefer Park

About This Home

As of June 2022

Attention Investors! 2-flat with 2 car garage in prime Lincoln Park location with excellent tenants already in place. Almost $75,000 gross income! Unit 1F- $2500/month (lease expires 7/31/2022), Unit 2F - $3700/month (lease expires 08/30/2023). New roof in 2020! Top floor unit - full gut rehab in 2018 with new mechanicals, new appliances, new HVAC, new water heater! It has 2 beds, 2 full baths, 2 loft spaces, 2 private decks and high, vaulted ceilings and huge windows! Could easily be made into a 3 bed! Unit#1 was renovated in 2015 with new floors, new HVAC and new washer/dryer and is a 2 bed, 2 bath + private deck! BOTH units have central heat/air, ample storage, D/W and in-suite W/D! This property is great for the armchair investor, but there are still a lot of value add opportunities! 2 car garage is great for additional rent. Premier location: close to parks, shops, restaurants, nightlife and public transportation! And - award winning Prescott elementary is just 1 block away!

Last Agent to Sell the Property

Melanie Giglio-Vakos

Compass License #475149215 Listed on: 04/18/2022

Compass

Co-Listed By

Shannon Kelly

Compass License #475170688

Last Buyer's Agent

Hayley Westhoff

Compass License #475160313

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,047

Year Built

  • Built in 1876

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

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

Home Design

  • Frame Construction

Interior Spaces

  • Den
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,047

Year Built

Built in 1876

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1876
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Den, Loft
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Wood,Laundry Hook-Up,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Skylights/Windows,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Deck
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 13046.86
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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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
06/03/2022 06/03/22 Sold $849,000 0.0% --
04/21/2022 04/21/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $849,000 +41.5% --
10/23/2015 10/23/15 Sold $600,000 -4.0% -- View Prior Sale
10/02/2015 10/02/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $625,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $15,613 $81,000 $40,500 $40,500
2024 $15,613 $81,000 $40,500 $40,500
2023 $15,220 $74,001 $39,063 $34,938
2022 $15,220 $74,001 $39,063 $34,938
2021 $14,881 $73,999 $39,062 $34,937
2020 $13,047 $61,669 $17,500 $44,169
2019 $13,824 $72,237 $17,500 $54,737
2018 $13,591 $72,237 $17,500 $54,737
2017 $13,250 $64,927 $15,625 $49,302
2016 $12,504 $64,927 $15,625 $49,302
2015 $11,417 $64,927 $15,625 $49,302
2014 $10,200 $57,544 $12,500 $45,044
2013 $9,988 $57,544 $12,500 $45,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11374780

Midwest Real Estate Data (MRED)
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