NOT LISTED FOR SALE
12 Beds
4 Baths
5,106 Sq Ft
1908 Built

Last Sold May 23, 2022

Last sale price $1,375,000 $269 Per Sq Ft

50 Days on Market

Highlights

  • Gated Community
  • Property is near a park
  • 2 Car Detached Garage
  • Deck
  • Fenced Yard
  • 3-minute walk to Neighbors Garden Park

About This Home

As of May 2022

Majestic center entrance Greystone 4 unit building just steps to Logan Boulevard. Spacious units approximately 1100 square feet all with updated kitchens with nice cabinets and pantries. Tile baths. Hardwood floors throughout. Separate gas forced air furnaces and central air. Owner completely remodeled apartments with all new plumbing, electric, HVAC systems new windows in 2007 and new rear porches. Full basements with front and rear entrances offer ability to duplex down or possibly add additional living spaces. Lovely yard with a 2 car brick garage plus 2 additional parking spaces. Rentals listed for vacant units are based on what the most recent rents were before vacancy. 6% Cap Rate. Agents any questions or concerns about this listing please contact Norbert Mika not Matthew.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 03/22/2022

Compass

Co-Listed By

Norbert Mika

Compass

Last Buyer's Agent

Khadija Laurens

EXIT Strategy Realty License #475131254

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,679

Year Built

  • Built in 1908 | Remodeled in 2007

Lot Details

  • Lot Dimensions are 50 x 124
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • On-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

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

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a park

Utilities

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

Community Details

Overview

  • 4 Units
  • Logan Square Subdivision, Greystone Center Entrance Floorplan

Building Details

  • Electric Expense $288
  • Insurance Expense $2,268
  • Water Sewer Expense $1,800
  • Gross Income $111,120
  • Net Operating Income $89,085

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,679

Year Built

Built in 1908 | Remodeled in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Logan Square
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2007

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 12
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • Room: 6

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 1495000
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Off Alley, Side Apron
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 124
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 89085
  • Insurance Expense: 2268
  • ElectricExpense: 288
  • GrossIncome: 111120
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 17678.55
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/23/2022 05/23/22 Sold $1,375,000 -8.0% $269 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $1,495,000 -- $293 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11353571

Midwest Real Estate Data (MRED)

APN: 13253120090000