NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
1923 Built

Sale Details

Date Sold: January 19, 2024

Last sale price $1,085,000

16 Days on Market

Highlights

  • Property is near park
  • Den
  • Intercom
  • Tennis Courts
  • 2 Car Detached Garage

About This Home

As of January 2024

Stately 5,796 SF all brick masonry 3-flat with an additional in-law unit nestled on a quiet, tree lined, one-way street in beautiful Lincoln Square! Meticulously maintained and recently renovated, the property is situated on an oversized 4,125 SF lot and boasts a unit mix of three (3) sprawling 3 bedroom + den/1 bathroom simplex apartments plus an extra wide 2 car detached garage. Unit updates include refreshed oak hardwood flooring throughout, brand new kitchens with stainless Frigidaire appliance packages, dishwashers, gas ranges, granite countertops and white shaker style cabinetry and lightly updated bathrooms. Unit features include massive living rooms, huge bedrooms, entryway closets and ample storage space, in-unit washers and dryers, south facing main exposure with exposures in all four directions and gorgeous vintage features such as decorative stone fireplaces with mantles, built-in bookshelves and arched doorways. Duplex-down potential with the first floor unit. Building updates include newer windows, main boiler and water heaters, tuck-pointing, regularly manicured landscaping and freshly carpeted main hallways. It's hard to find a better location in the city. Free street parking for guests or residents, a two block walk to River Park which offers access to athletic fields, tennis courts, a track, a dog park, swimming pool, playground and canoe launch as well as river trails and fishing points, cafes, dining and entertainment on Lincoln Avenue and 0.6 miles (14 minute walk) to the Rockwell Brown Line 'L' train stop. We do not warrant the legality of the in-law apartment. Great for both the owner occupant and strict investor alike. Don't miss this wonderful opportunity to own a special piece of Chicago history!

Last Agent to Sell the Property

Jake Steinle

Compass License #475159025 Listed on: 11/27/2023

Compass

Last Buyer's Agent

Margaret Sersen

Redfin Corporation License #475175228

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,029

Year Built

  • Built in 1923 | Remodeled in 2023

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Additional Features

  • Breezeway
  • Lot Dimensions are 33x125
  • Property is near park

Community Details

Overview

  • 3 Units

Recreation

  • Tennis Courts

Building Details

  • Electric Expense $780
  • Fuel Expense $2,904
  • Insurance Expense $3,031
  • Water Sewer Expense $4,440
  • Gross Income $116,652
  • Net Operating Income $87,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,029

Year Built

Built in 1923 | Remodeled in 2023

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Other Equipment: Intercom, CO Detectors, Water Heater-Gas
  • Room Type: Den
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens, Breezeway
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 4440
  • Other Expenses $: 1760

Lot Info

  • Lot Dimensions: 33X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 87707
  • Fuel Expense: 2904
  • Insurance Expense: 3031
  • ElectricExpense: 780
  • GrossIncome: 116652
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 16029.46
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 19, 2024
Sold by
Bought by
Seller's Agent
Jake Steinle
Compass
Buyer's Agent
Margaret Sersen
Redfin Corporation
List Price
$1,125,000
Sold Price
$1,085,000
Premium/Discount to List
-$40,000
-3.56%
Views
71

Purchase Details

Closed on
Nov 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
5.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,800
Interest Rate
6.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,085,000 None Listed On Document
-- None Listed On Document
-- Ravenswood Title Company Llc
-- Git
-- None Available
-- --
$500,000 --
-- --
-- --
$245,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $441,000
Previous Owner $393,000
Previous Owner $398,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $1,085,000 -3.6% --
12/14/2023 12/14/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $1,125,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,443 $92,000 $14,644 $77,356
2024 $16,443 $92,000 $14,644 $77,356
2023 $16,029 $77,933 $9,900 $68,033
2022 $16,029 $77,933 $9,900 $68,033
2021 $17,696 $88,000 $9,900 $78,100
2020 $15,086 $67,722 $9,900 $57,822
2019 $15,770 $78,491 $9,900 $68,591
2018 $15,505 $78,491 $9,900 $68,591
2017 $14,010 $65,080 $8,662 $56,418
2016 $13,344 $66,622 $8,662 $57,960
2015 $13,477 $73,548 $8,662 $64,886
2014 $13,477 $72,636 $7,837 $64,799
2013 $13,211 $72,636 $7,837 $64,799
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910944

Midwest Real Estate Data (MRED)
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