NOT LISTED FOR SALE
10 Beds
4 Baths
6,123 Sq Ft
1925 Built

Last Sold January 20, 2022

Last sale price $800,000 $131 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Balcony
  • Porch
  • Property is near a park
  • 2 Car Detached Garage
  • Soaking Tub

About This Home

As of January 2022

This brick 4-flat is an Incredible multi-unit investment opportunity in the heart of Palmer/Logan Square on a quiet tree lined street. 4 legal units with unit 1, 2 and 3 featuring: 3 bedrooms, 1 bathroom, huge living rooms with bay window area, formal dining rooms, large kitchens, rear decks, gas forced air and central air. Garden unit features a nice size living/dining room, generous kitchen, 1 bedroom, 1 bathroom and walk in closet. Numerous updates throughout, all utilities separated which tenants pay except for garden unit, basement area with laundry room and storage, great yard, brick 2 car garage and easy street parking. Top floor unit is currently vacant and ready for a live-in owner or to be rented out. Units leased below market value as they are all long-term tenants but currently on month-to-month leases. Close to everything that Logan Square has to offer including nightlife, shopping, top Chicago neighborhood restaurants, and transportation.

Last Agent to Sell the Property

Michael Shenfeld

Jameson Sotheby's Intl Realty License #475125273 Listed on: 12/03/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Christopher McNulty

Nelly Corp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,901

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 26 x 125
  • Paved or Partially Paved Lot

Parking

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

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Storm Screens

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Monroe Elementary School
  • Kelvyn Park High School

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $780
  • Water Sewer Expense $1,200
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,901

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s)
  • Room Type: Foyer
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Sleeping Area,Walk-Up Access
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Hardwood Floors,Walk-In Closet
  • Room: 7

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 775000
  • OtherStructures: Garage(s)
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1200
  • Trash Expense Year: 1200

Schools

  • Elementary School: Monroe Elementary School
  • High School: Kelvyn Park High School
  • Middle/Junior School: Monroe Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 26 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • Fuel Expense: 780
  • ElectricExpense: 720
  • GrossIncome: 61200
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10901.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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
01/20/2022 01/20/22 Sold $800,000 0.0% $131 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/07/2021 12/07/21 Off Market $800,000 -- --
12/04/2021 12/04/21 For Sale $775,000 -- $127 / Sq Ft
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: 11281287

Midwest Real Estate Data (MRED)

APN: 13263200120000