NOT LISTED FOR SALE
8 Beds
6 Baths
5,232 Sq Ft
1930 Built

Last Sold September 17, 2021

Last sale price $390,000 $75 Per Sq Ft

45 Days on Market

Highlights

  • Meeting Room
  • Storage Room
  • Heating System Uses Steam
  • Laundry Room

About This Home

As of September 2021

Very well maintained building in Chicago. All brick, 6 flat units are 2 bedrooms 1 bath and 4 units 1 bedroom 1 bath and 1 car garage. Great investment opportunity and cash flow. Building is 100 % occupied. Excellent, long term tenants.

Last Agent to Sell the Property

Zivile Pitkiene

Coldwell Banker Realty License #475149353 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Patricia Conway

P2K Realty License #471019910

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 25 x 125
  • Property fronts an easement

Home Design

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

Interior Spaces

  • 5,232 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Building Details

  • Electric Expense $1,200
  • Fuel Expense $5,560
  • Insurance Expense $3,500
  • Maintenance Expense $1,015
  • Other Expense $5,157
  • Water Sewer Expense $4,000
  • Operating Expense $17,782
  • Gross Income $53,520
  • Net Operating Income $37,738

Additional Features

  • 6 Units
  • Meeting Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,522

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Possible Use: Multi-Family
  • Basement Description: Finished
  • Misc Inside: Common Meeting Room/s,Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 3
  • Room: 4
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Easement
  • List Price: 444000
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Utilities: Water-Municipal
  • Heat/Ventilation: Radiators,Steam
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 4000
  • Janitor Expense: 1015
  • Operating Expense Includes: Fuel,Insurance,Maintenance,Mortgage/Loans,Snow Removal,Trash,Water/Sewer,Electricity,Fixed Expenses,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Land Amenities: Sidewalks,Cable Ready
  • Alternate Phone Number: (708) 326-2137

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 5232

Multi Family

  • Net Operating Income: 37738
  • Fuel Expense: 5560
  • Insurance Expense: 3500
  • ElectricExpense: 1200
  • GrossIncome: 53520
  • Maintenance Expense: 1015
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17782
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3522
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/17/2021 09/17/21 Sold $390,000 -12.2% $75 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $444,000 -- $85 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11087325

Midwest Real Estate Data (MRED)