NOT LISTED FOR SALE

Estimated Value: $1,764,000 - $2,151,567

11 Beds
8 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: June 20, 2019

Last sale price $1,825,000 $0 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,911 / mo

33 Days on Market

About This Home

As of June 2019

Excellent investment opportunity in prime Lincoln Park Location. 3 story building + coach house includes three 3 Bed/2Baths, one two bed/2 bath and a 1,550 SF commercial space occupied by a long term tenant (10+ years). The residential units were gut rehabbed in 2018. Property is 100% leased.

Last Agent to Sell the Property

Jennifer Breheny

Jennifer Breheny License #471003819 Listed on: 02/13/2019

Last Buyer's Agent

Christian Arai

Chicago Real Estate Resources License #475150822

Property Details

Home Type

  • Multi-Family

Year Built

  • 1899

Lot Details

  • 3,049

Community Details

  • Insurance Expense $5,665

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1899

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: New Rehab
  • Net Oper Income: 141200
  • Repairs Decor Expense: 5000
  • Total Annual Exp: 46000
  • Total Annual Income: 187200
  • Total Monthly Income: 15600
  • Number Of Stories: 3
  • Estimated Year Built: 1899
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1899

Exterior Features

  • Acreage: 0.07

Utilities

  • Heatventilation: Forced Air
  • Water Expense: 4968

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 14294070680000

Rental Info

  • Gross Rental Income: 187200
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Insurance Expense: 5665
  • Other Expenses: 13398
  • Number Of Dryers: 4

Tax Info

  • Taxes: 16,969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
2652 North Halsted Llc
Bought by
2652 Halsted Llc
Current Estimated Value
$1,957,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Outstanding Balance
$199,205
Interest Rate
6.95%
Estimated Equity
$1,758,579

Purchase Details

Listed on
Feb 13, 2019
Closed on
Jun 17, 2019
Sold by
2652 Halsted Llc
Bought by
2652 North Halsted Llc
Seller's Agent
Jennifer Breheny
Jennifer Breheny
Buyer's Agent
Christian Arai
Chicago Real Estate Resources
List Price
$2,100,000
Sold Price
$1,825,000
Premium/Discount to List
-$275,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$1,466,310
Interest Rate
4.67%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2018
Sold by
Chicago Title Land Trust Company
Bought by
2652 Halsted Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
4.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2652 Halsted Llc $2,025,000 Citywide Title
2652 North Halsted Llc $1,825,000 Proper Title Llc
2652 Halsted Llc $1,450,000 Chicago Title Land Trust Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2652 Halsted Llc $202,000
Open 2652 Halsted Llc $1,315,000
Previous Owner 2652 North Halsted Llc $1,466,310
Previous Owner 2652 Halsted Llc $1,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $1,825,000 -13.1% --
03/18/2019 03/18/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,100,000 -- --
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 $18,374 $130,100 $57,660 $72,440
2024 $18,374 $130,100 $57,660 $72,440
2023 $17,911 $87,083 $46,500 $40,583
2022 $17,911 $87,083 $46,500 $40,583
2021 $18,373 $91,367 $46,500 $44,867
2020 $18,011 $80,852 $22,320 $58,532
2019 $19,073 $94,934 $22,320 $72,614
2018 $18,753 $94,934 $22,320 $72,614
2017 $16,970 $78,829 $19,840 $58,989
2016 $15,789 $78,829 $19,840 $58,989
2015 $14,445 $78,829 $19,840 $58,989
2014 $11,335 $61,094 $16,740 $44,354
2013 $11,111 $61,094 $16,740 $44,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10272738

Midwest Real Estate Data (MRED)

APN: 14-29-407-068-0000

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