$800,000
SOLD APR 2, 2025
4 Beds
4 Baths
-- Sq Ft
1929 Built

Recently Sold

12 Days on Market

About This Home

As of April 2025

FANTASTIC INVESTMENT OPPORTUNITY to own this meticulously maintained 4-flat in the Belmont Cragin neighborhood. The fully rented property is ideal as a turnkey investment or for a live-in investor. The solid brick building features four well-designed, spacious one-bedroom, one-bath units that provide bright, modern, and comfortable living spaces. Each unit boasts generous living and bedroom areas, a formal dining room, and a fully equipped eat-in kitchen with granite countertops and some stainless steel appliances. The units are complemented by stunning hardwood floors, beautiful finishes, and ample storage space throughout. A tenant in one of the units transformed the dining room into a cozy living room, converting the spacious layout into two bedrooms. What a fantastic deal! Each unit includes a private rear porch off the kitchen, perfect for entertaining or enjoying quiet moments outdoors. No need to worry about parking for your tenants, as the seller has added four dedicated surface parking spaces at the rear of the building, for extra convenience. Additionally, the two 2-car garages generate extra income. Significant energy efficiency improvements include a new boiler, copper plumbing, updated electric, and newer windows. This is the ONLY 4-flat available in the area right now. All units have been continuously rented, making this a solid investment opportunity. Whether you're looking to move in or begin collecting rent immediately, this property is ready for you to take advantage of. Act fast, before it's gone!

Last Agent to Sell the Property

Indira Krizevac

Prime Location Realty INC License #475192624 Listed on: 01/16/2025

Last Buyer's Agent

Teresa Hanrahan

Coldwell Banker Realty License #475126059

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,063

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 60x125
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage
  • Additional Parking

Home Design

  • Flat Roof Shape
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • 4 Flat

Building Details

  • Electric Expense $818
  • Fuel Expense $4,219
  • Insurance Expense $3,259
  • Maintenance Expense $3,300
  • Water Sewer Expense $1,714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,063

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick,Stone,Limestone

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, Garage, On Site, Garage Owned, Detached, Additional Parking
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1714

Lot Info

  • Lot Dimensions: 60X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: None

Multi Family

  • Fuel Expense: 4219
  • Insurance Expense: 3259
  • ElectricExpense: 818
  • Maintenance Expense: 3300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8062.71
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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 Prior Sale
04/02/2025 04/02/25 Sold $800,000 +0.1% --
01/28/2025 01/28/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $799,000 +52.2% --
07/30/2018 07/30/18 Sold $525,000 -4.5% -- View Prior Sale
06/11/2018 06/11/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $549,900 -- --
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: 12209277

Midwest Real Estate Data (MRED)