NOT LISTED FOR SALE
14 Beds
14 Baths
7,052 Sq Ft
8,134 Sq Ft Lot Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $2,820,000 $400 Per Sq Ft

321 Days on Market

Highlights

  • 8,134 Sq Ft lot
  • Central Heating and Cooling System
  • 3-minute walk to Logan Boulevard Skate Park

About This Home

As of March 2022

Calling Investors. Located on historic Logan Boulevard, a turn key condo quality seven unit. Consisting of two two-story brick buildings. Bright two bedroom, two bath units, with contemporary , open floor plans, hardwood floors, crown moldings, in unit laundry and outdoor space. This desirable location with a parklike setting is close to everything, Starbucks, Target, Blue Line, expressway, health clubs, restaurants and nightlife makes them easy to rent. Separate utilities and reasonable taxes. Call Today for a private showing.

Last Agent to Sell the Property

Harry Rivera

Coldwell Banker Realty License #475154242 Listed on: 03/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Harry Rivera

Coldwell Banker Realty License #475154242 Listed on: 03/18/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,333

Year Built

  • Built in 1914

Lot Details

  • 8,134 Sq Ft Lot
  • Lot Dimensions are 49 x 166

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,052 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Utilities

  • Central Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $528
  • Insurance Expense $7,991
  • Maintenance Expense $2,500
  • Trash Expense $2,344
  • Water Sewer Expense $3,102
  • Operating Expense $34,795
  • Gross Income $198,180
  • Net Operating Income $164,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,333

Year Built

Built in 1914

Lot Details

8,134 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1914
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 14
  • Total Bedrooms: 14
  • Basement Description: Finished
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 7
  • Drive-In Doors: 7
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 7
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water to Site
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 2344
  • Water Sewer Expenses: 3102
  • Operating Expense Includes: Insurance,Maintenance,Snow Removal,Trash,Water/Sewer,Electricity,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 49 X 166
  • Lot Size Sq Ft: 8134
  • Zoning: MULTI
  • Alternate Phone Number: (773) 447-8412

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 7052

Multi Family

  • Net Operating Income: 164645
  • Insurance Expense: 7991
  • ElectricExpense: 528
  • GrossIncome: 198180
  • Maintenance Expense: 2500
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 34795
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18333
  • Tax Year: 2019
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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
03/31/2022 03/31/22 Sold $2,820,000 -11.7% $400 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
08/13/2021 08/13/21 For Sale -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/23/2021 06/23/21 For Sale -- -- --
06/21/2021 06/21/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $3,195,000 -- $453 / 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 $19,389 $252,400 $50,431 $201,969
2024 $19,389 $252,400 $50,431 $201,969
2023 $18,899 $91,570 $40,670 $50,900
2022 $18,899 $91,570 $40,670 $50,900
2021 $18,474 $91,570 $40,670 $50,900
2020 $17,888 $80,009 $23,181 $56,828
2019 $18,333 $90,919 $23,181 $67,738
2018 $17,960 $90,919 $23,181 $67,738
2017 $14,322 $66,530 $20,335 $46,195
2016 $13,987 $69,833 $20,335 $49,498
2015 $8,037 $43,858 $20,335 $23,523
2014 $4,826 $26,012 $16,268 $9,744
2013 $11,822 $65,000 $16,268 $48,732
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11025444

Midwest Real Estate Data (MRED)
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