NOT LISTED FOR SALE
7 Beds
9 Baths
-- Sq Ft
2007 Built

Last Sold April 30, 2021

Last sale price $1,600,000

35 Days on Market

Highlights

  • Rooftop Deck
  • Gated Community
  • Whirlpool Bathtub
  • Prescott Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to South Lakeview Park

About This Home

As of April 2021

Condo Quality newer 3 flat in Stellar Southport location!! The 1st floor duplex unit would make an ideal owners unit, its dramatic, open and has great outdoor spaces. The 2nd & 3rd floor units are both duplex's up penthouse units with two beds, two baths on the - both have private outdoor spaces and all three units share access to a garage roof deck. The first floor duplex unit consists of a 3 bed / 2.5 bath unit, The level of finishes are 2nd to none - not built as a rental building - built as modern condos: Bosch, Sub Zero, Hanak Cabinetry, Dornbracht and Duravit Baths, w/Ann Saks Tile, oak hardwood flooring, pre wired for surround sound systems and alarms, laundry in all units. Current rental income $9,400 Building is under rented with great tenants. Ideal as an owner occupied building or turn key retirement building to hedge upcoming inflation.

Last Agent to Sell the Property

Patrick Santry

Coldwell Banker Realty License #475136126 Listed on: 01/26/2021

Coldwell Banker Realty

Last Buyer's Agent

David Labunski

Cedar Realty License #471012509

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,978

Year Built

  • Built in 2007

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Schools

  • Prescott Elementary School
  • Lincoln Park High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Additional Features

  • Ceiling Fan
  • Lot Dimensions are 25 x 125

Community Details

Building Details

  • Electric Expense $372
  • Insurance Expense $3,300
  • Maintenance Expense $2,000
  • Professional Management Expense $1,200
  • Water Sewer Expense $1,323
  • Gross Income $116,800
  • Net Operating Income $77,880

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,978

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Professional Management Expense: 1200
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9
  • Total Bedrooms: 7
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 3

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Roof Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 1699000
  • Roof: Rubber, Other
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights, Other

Fee Information

  • Water Sewer Expenses: 1323

Schools

  • Elementary School: Prescott Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 77880
  • Insurance Expense: 3300
  • ElectricExpense: 372
  • GrossIncome: 116800
  • Maintenance Expense: 2000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 31977.59
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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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 Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,600,000 -5.8% --
03/04/2021 03/04/21 For Sale -- -- --
03/02/2021 03/02/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,699,000 +33.3% --
12/27/2013 12/27/13 Sold $1,275,000 -3.8% --
11/16/2013 11/16/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $1,325,000 0.0% --
11/04/2013 11/04/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $1,325,000 -- --
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: 10979799

Midwest Real Estate Data (MRED)