NOT LISTED FOR SALE
14 Beds
6 Baths
-- Sq Ft
1910 Built

Sale Details

Date Sold: August 18, 2020

Last sale price $1,177,500 $0 Per Sq Ft

19 Days on Market

About This Home

As of August 2020

Rare opportunity to purchase a well-cared for 6-unit building in Ukrainian Village. Stone's throw to Sportsman's Club, Empty Bottle, Rootstock and a convenience store across the street. 5 of 6 units have been completely redone with new kitchens and baths, central heat/ac, new plumbing with copper lines in the basement and up to each unit. There's still PLENTY of value-add with the building. Rents are low for the neighborhood, ESPECIALLY front 3 units with balconies. Unit 1F is a 2 bed in original condition (unit is vacant and primed for next owner to rehab). Large pantries share a plumbing wall with kitchens and have windows for quick vent and easy install for in-unit washer/dryer. Unit 2F and 3F are large 1,100 sq ft 5 room, 3 bedroom with outdoor patios and rear 3 units are 4 room, 2 bedroom with enclosed back porch. Clean, full basement with laundry and storage lockers for each unit.

Last Agent to Sell the Property

Mark Icuss

Compass License #475123406 Listed on: 05/28/2020

Compass

Co-Listed By

Marc Zaparaniuk

Compass License #475169349

Last Buyer's Agent

Mark Icuss

Compass License #475123406 Listed on: 05/28/2020

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Community Details

  • Fuel Expense $150
  • Insurance Expense $299

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1910

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 73845
  • Repairs Decor Expense: 75
  • Scavenger Expense: 95
  • Total Annual Exp: 24975
  • Total Annual Income: 98820
  • Total Monthly Income: 8210
  • Number Of Stories: 3
  • Estimated Year Built: 1910
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Utilities

  • Heatventilation: Forced Air
  • Water Expense: 150

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 70
  • Janitor Expense: 75

Lot Info

  • Lot Dimensions: 25 X 125
  • Parcel Identification Number: 16014140230000

Rental Info

  • Gross Rental Income: 98820
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 150
  • Gross Rent Multiplier: 13
  • Insurance Expense: 299
  • Other Expenses: 100

Tax Info

  • Taxes: 13,999

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 18, 2020
Sold by
Bought by
Seller's Agent
Mark Icuss
Compass
Buyer's Agent
Mark Icuss
Compass
List Price
$1,299,000
Sold Price
$1,177,500
Premium/Discount to List
-$121,500
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
0.0435%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,177,500 Attorney
$70,000 Fort Dearborn Title
$640,000 Attorneys Title Guaranty Fun
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $760,000
Previous Owner $512,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $1,177,500 -9.4% --
06/16/2020 06/16/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,299,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,159 $113,000 $21,000 $92,000
2024 $19,159 $113,000 $21,000 $92,000
2023 $18,621 $90,534 $16,875 $73,659
2022 $18,621 $90,534 $16,875 $73,659
2021 $18,206 $90,534 $16,875 $73,659
2020 $13,893 $62,367 $9,562 $52,805
2019 $14,239 $70,872 $9,562 $61,310
2018 $14,000 $70,872 $9,562 $61,310
2017 $9,375 $43,551 $8,437 $35,114
2016 $9,676 $48,310 $8,437 $39,873
2015 $8,372 $48,310 $8,437 $39,873
2014 $6,851 $39,495 $7,500 $31,995
2013 $6,705 $39,495 $7,500 $31,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10727362

Midwest Real Estate Data (MRED)

APN: 16014140230000

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