NOT LISTED FOR SALE
8 Beds
6 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: November 22, 2019

Last sale price $1,245,000 $0 Per Sq Ft

81 Days on Market

About This Home

As of November 2019

Prime Lincoln Park location, zoned 5 unit & strong rent roll with room to increase make this multi-family one to add to your portfolio! PLUS a 6th conforming unit or duplex up can easily be created. Tall ceilings, plumbing & 2 entrances already in place! Updated units & many major building improvements already done. (Will provide extensive list upon viewing.) Fully leased $110k+ gross income with expansion potential to $125k. Come see this impressive, well cared for & solid investment!

Last Agent to Sell the Property

Kate Taylor

@properties Christie's International Real Estate License #475149480 Listed on: 07/11/2019

@properties Christie's International Real Estate

Last Buyer's Agent

James Gramata

@properties Christie's International Real Estate License #475113001

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1886

Lot Details

  • 2,614

Utilities

  • Central Air

Community Details

  • Insurance Expense $200

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1886

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 90352
  • Repairs Decor Expense: 30
  • Scavenger Expense: 50
  • Total Annual Exp: 3960
  • Total Annual Income: 110220
  • Total Monthly Income: 9185
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1886
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1886

Exterior Features

  • Acreage: 0.06
  • Frontage Access: City Street

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air
  • Water Expense: 50

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 24X124
  • Parcel Identification Number: 14293070320000

Rental Info

  • Gross Rental Income: 107220
  • Tenant Pays: Electric, Heat

Multi Family

  • Insurance Expense: 200
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 15908.1
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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
11/22/2019 11/22/19 Sold $1,245,000 -6.0% --
09/30/2019 09/30/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $1,325,000 -- --
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 $26,025 $174,000 $55,354 $118,646
2024 $26,025 $174,000 $55,354 $118,646
2023 $25,371 $123,349 $44,640 $78,709
2022 $25,371 $123,349 $44,640 $78,709
2021 $24,804 $123,348 $44,640 $78,708
2020 $16,146 $72,480 $21,427 $51,053
2019 $16,180 $80,534 $21,427 $59,107
2018 $15,908 $80,534 $21,427 $59,107
2017 $13,976 $64,923 $19,046 $45,877
2016 $13,438 $67,094 $19,046 $48,048
2015 $12,295 $67,094 $19,046 $48,048
2014 $9,601 $51,749 $16,070 $35,679
2013 $9,412 $51,749 $16,070 $35,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10447913

Midwest Real Estate Data (MRED)

APN: 14293070320000

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