NOT LISTED FOR SALE
17 Beds
8 Baths
6,276 Sq Ft
3,489 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $1,245,000 $198 Per Sq Ft

11 Days on Market

About This Home

As of June 2022

Newly rehabbed 8 unit building. Everything updated! Beautiful condo quality units with new SS kitchen appliances, central air, in-unit washer/dryer and gleaming hardwood floors. New Roof, electric, plumbing, porches insulated and newly sided. There is nothing new owner needs to do, this is truly an armchair investment. 2 car garage Leases are under market, last one ending in July for increased rental potential.

Last Agent to Sell the Property

Maria Bernardi

Berkshire Hathaway HomeServices Chicago License #475157423 Listed on: 03/17/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jake Fugman

eXp Realty License #475181407

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 1913

Lot Details

  • 3,489 Sq Ft Lot
  • Lot Dimensions are 28x124

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Skylights
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,716
  • Fuel Expense $624
  • Insurance Expense $8,004
  • Trash Expense $2,160
  • Water Sewer Expense $1,640
  • Operating Expense $21,912
  • Gross Income $9,497
  • Net Operating Income $92,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,271

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 4
  • Year Built: 1913
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 17
  • Basement Description: Partially Finished
  • Misc Inside: Skylight/s
  • Fireplaces: 8
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 8
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 2160
  • Water Sewer Expenses: 1640

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 28X124
  • Lot Size Sq Ft: 3489
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 92052
  • Fuel Expense: 624
  • Insurance Expense: 8004
  • ElectricExpense: 1716
  • GrossIncome: 9497
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 21912
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 5271
  • Tax Year: 2020

Range of Values:

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Sold Price
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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
06/03/2022 06/03/22 Sold $1,245,000 -12.6% $198 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,425,000 -- $227 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11349626

Midwest Real Estate Data (MRED)

APN: 16252050010000