NOT LISTED FOR SALE
6 Beds
4 Baths
3,194 Sq Ft
2,614 Sq Ft Lot

Last Sold June 18, 2018

Last sale price $835,000 $261 Per Sq Ft

7 Days on Market

Highlights

  • Deck
  • Intercom
  • 1-minute walk to SinoJ Park
  • Fenced Yard
  • Ceiling Fan

About This Home

As of June 2018

Rarely available LEGAL FOUR UNIT Condo Quality Rental Red BRICK bldg with two DUPLEX-DOWN units. Modern Remodeled Design includes, hardwood floors, 10ft ceilings, Central heat/AC, New Windows, Electrical and Plumbing with Copper. Exterior was Recently Tuck-pointed, New Wrought Iron Gates and Side-walks. Top level houses a Front & Rear Unit with Ample Light & Space. Simplex condos offer 1bed & 1 bath. First Level has a Front & Rear Duplex-Down Condos with 2bedrooms/1bath each. Both Rear units have Balconies. Tenants enjoy leased parking spaces, additional assigned storage closets in basement as well as coin-operated W/D. Optimize your investment with this RT4 Opportunity in this coveted highly appreciating Neighborhood! Units Rent FAST! . Located in close proximity to parks, Ukrainian Village, & Division St. Boutique shopping & dining.

Last Agent to Sell the Property

Karla Mina

MPower Residential Brokerage LLC License #471006190 Listed on: 05/07/2018

Last Buyer's Agent

Stephanie LoVerde

Baird & Warner License #475156302

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,988

Year Built

  • Built in 1890 | Remodeled in 2015

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x121
  • Fenced Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Chopin Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Deck

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $70,920
  • Net Operating Income $68,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,988

Year Built

Built in 1890 | Remodeled in 2015

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 2535

Schools

  • Elementary School: CHOPIN ELEMENTARY SCHOOL
  • High School: CLEMENTE COMMUNITY ACADEMY SENIO

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X121
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 68385
  • GrossIncome: 70920
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6987.88
  • Tax Year: 2017
  • Tax Exemptions: None
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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
06/18/2018 06/18/18 Sold $835,000 +4.5% $261 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $799,000 0.0% $250 / Sq Ft
01/05/2018 01/05/18 Rented $1,640 +3.1% --
01/03/2018 01/03/18 Under Contract -- -- --
12/07/2017 12/07/17 For Rent $1,590 -- --
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 $13,967 $67,744 $16,800 $50,944
2024 $13,967 $67,744 $16,800 $50,944
2023 $13,575 $66,000 $13,500 $52,500
2022 $13,575 $66,000 $13,500 $52,500
2021 $13,272 $66,000 $13,500 $52,500
2020 $11,408 $51,210 $7,650 $43,560
2019 $11,692 $58,194 $7,650 $50,544
2018 $11,495 $58,194 $7,650 $50,544
2017 $7,511 $34,889 $6,750 $28,139
2016 $6,988 $34,889 $6,750 $28,139
2015 $2,856 $15,585 $6,750 $8,835
2014 $5,362 $28,901 $6,000 $22,901
2013 $5,883 $32,347 $6,000 $26,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09942010

Midwest Real Estate Data (MRED)

APN: 16014040440000

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