NOT LISTED FOR SALE
12 Beds
6 Baths
4,007 Sq Ft
3,485 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $490,000 $122 Per Sq Ft

16 Days on Market

Highlights

  • Community Lake
  • Balcony
  • Paved or Partially Paved Lot
  • Deck
  • Forced Air Heating System

About This Home

As of May 2024

This multi-family property is calling your name! Nestled in the heart of the highly sought-after South Shore neighborhood, this impressive 3-unit building presents a rare and exciting opportunity for both investors and first-time home buyers alike. Comprising of two occupied units and one vacant unit, this property offers the perfect blend of immediate cash flow and potential for moving in the garden unit or additional income. Each spacious unit boasts an expansive layout featuring 4 bedrooms and 2 bathrooms, ensuring ample space for tenants or a growing family. The entire building has been upgraded with new HVAC systems, promising year-round comfort and efficiency. The garden unit stands out, having been completely rehabbed to feature modern finishes and fixtures, presenting an attractive option for renters or as a luxurious owner's unit. Located just moments from public transportation, shopping amenities, and the scenic Lake Shore Drive, this property not only offers convenience but also the lifestyle that the vibrant South Shore neighborhood is known for. Whether you're taking a short drive to the lakefront or enjoying the local cuisine and shopping options, this location does not disappoint. Don't miss your chance to schedule a showing today and explore the potential of this unique property.

Last Agent to Sell the Property

Rashauna Scott

Keller Williams ONEChicago License #475178242 Listed on: 03/15/2024

Keller Williams ONEChicago

Co-Listed By

Trinette Lindsey

Keller Williams ONEChicago License #475177390

Last Buyer's Agent

Deonte Barbee

Real Broker LLC License #475189717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,759

Year Built

  • Built in 2004

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27x132
  • Paved or Partially Paved Lot

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • 3 Units
  • Community Lake

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,759

Year Built

Built in 2004

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • OpenParkingSpaces: 3
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 27X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5758.92
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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
05/15/2024 05/15/24 Sold $490,000 -1.8% $122 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $499,000 +66.3% $125 / Sq Ft
02/09/2019 02/09/19 Sold $300,000 -4.8% $75 / Sq Ft View Prior Sale
01/18/2019 01/18/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $315,000 0.0% $79 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $315,000 0.0% $79 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $315,000 -- $79 / Sq Ft
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 $5,929 $30,298 $2,689 $27,609
2024 $5,929 $30,298 $2,689 $27,609
2023 $5,759 $28,000 $4,481 $23,519
2022 $5,759 $28,000 $4,481 $23,519
2021 $5,630 $27,999 $4,481 $23,518
2020 $4,745 $21,298 $3,226 $18,072
2019 $5,279 $26,273 $3,226 $23,047
2018 $5,190 $26,273 $3,226 $23,047
2017 $4,145 $19,257 $2,868 $16,389
2016 $3,857 $19,257 $2,868 $16,389
2015 $3,529 $19,257 $2,868 $16,389
2014 $4,633 $24,968 $2,509 $22,459
2013 $4,541 $24,968 $2,509 $22,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988663

Midwest Real Estate Data (MRED)

APN: 21301160290000

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