NOT LISTED FOR SALE
8 Beds
3 Baths
3,852 Sq Ft
1905 Built

Last Sold February 26, 2024

Last sale price $440,000 $114 Per Sq Ft

15 Days on Market

Highlights

  • Gated Community
  • 2 Car Detached Garage
  • Multiple Water Heaters
  • Victorian Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of February 2024

FANTASTIC INVESTMENT OPPORTUNITY in rapidly appreciating Little Village/Marshall Square location on gorgeous tree-lined block. Solid brick 3 flat with great curb appeal. Fully leased building with under market rents. Large separately metered apartments with some original details including hardwood flooring and wood molding. Rubber membrane roof. Enclosed porch/back stairs. Large backyard and 2 car garage. Terrific location near Pilsen, Cinespace, CTA Pink Line, shopping including Pete's Fresh Market and Douglas Park.

Last Agent to Sell the Property

Peter Gordon

C. Gallucci Realty, Inc. License #475123452 Listed on: 01/08/2024

Last Buyer's Agent

Eduardo Sanchez

PAK Home Realty License #475204292

PAK Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,173

Year Built

  • Built in 1905

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Lot Details

  • Lot Dimensions are 26 x 124.32
  • Paved or Partially Paved Lot

Utilities

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

Community Details

Building Details

  • Insurance Expense $4,000
  • Water Sewer Expense $1,800
  • Gross Income $36,000
  • Net Operating Income $23,027

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,173

Year Built

Built in 1905

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: Multiple Water Heaters
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Lot Dimensions: 26 X 124.32
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 23027
  • Insurance Expense: 4000
  • GrossIncome: 36000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7173
  • Tax Year: 2021
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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
02/26/2024 02/26/24 Sold $440,000 -2.0% $114 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $449,000 -- $117 / 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 $6,583 $40,037 $5,754 $34,283
2024 $6,583 $40,037 $5,754 $34,283
2023 $6,396 $34,516 $4,662 $29,854
2022 $6,396 $34,516 $4,662 $29,854
2021 $7,173 $38,999 $4,662 $34,337
2020 $4,958 $25,360 $4,662 $20,698
2019 $5,236 $29,489 $4,662 $24,827
2018 $5,147 $29,489 $4,662 $24,827
2017 $4,752 $25,449 $4,166 $21,283
2016 $4,597 $25,449 $4,166 $21,283
2015 $4,183 $25,449 $4,166 $21,283
2014 $3,525 $21,565 $3,968 $17,597
2013 $3,444 $21,565 $3,968 $17,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11956272

Midwest Real Estate Data (MRED)

APN: 16252050110000

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