NOT LISTED FOR SALE
26 Beds
22 Baths
-- Sq Ft
1923 Built

Last Sold May 12, 2016

Last sale price $875,000

57 Days on Market

About This Home

As of May 2016

Fully stabilized condo quality property located in the South Shore. Residential units consist of 1-3br/2b Duplex, 1-2br/2b Duplex, 1-3br/2b, 8-2br/1b and 2-1br/1b apartments. All residential units are condo quality condition including in-unit laundry and individual heat & AC. Stable commercial tenant (Days Adult Day Care) occupying the retail space on a long term lease with escalations.

Last Agent to Sell the Property

Steven Rapoport

Chicago Real Estate Resources License #471006648 Listed on: 12/03/2015

Co-Listed By

Timothy Keenan

Chicago Real Estate Resources License #471018752

Last Buyer's Agent

Nathan Gautsche

Chicago Real Estate Resources

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, heat, varies by tenant

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family, Retail
  • Zoning Type: COMMR
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2014
  • Net Oper Income: 107933
  • Total Annual Exp: 63920
  • Total Annual Income: 184788
  • Total Monthly Income: 15399
  • Number Of Stories: 3
  • Estimated Year Built: 1923
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1923

Exterior Features

  • Exterior Building Type: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Air Conditioner: Central Air, Central Individual, Window Unit/s
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 16

Lot Info

  • Lot Dimensions: 76X125
  • Lot Sq Ft: 9500
  • Parcel Identification Number: 21303010241001

Rental Info

  • Gross Rental Income: 184788
  • Tenant Pays: Electric, Heat, Varies by Tenant

Multi Family

  • Expense Year: 2014

Tax Info

  • Taxes: 17927

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
05/12/2016 05/12/16 Sold $875,000 -20.5% --
01/29/2016 01/29/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $1,100,000 -- --
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: MRD09096586

Midwest Real Estate Data (MRED)