NOT LISTED FOR SALE
7 Beds
7 Baths
3,702 Sq Ft
3,485 Sq Ft Lot

Last Sold March 30, 2020

Last sale price $870,000 $235 Per Sq Ft

14 Days on Market

About This Home

As of March 2020

Opportunity to purchase a 2002 construction 3 flat on boarder of Avondale and Logan Square in an up and coming area with (2) 2bd/2bath units and (1) 3bed/3bath duplex. All units have front and rear balconies, in-unit laundry, fireplaces, and spacious layouts. 2 car garage. Steel balconies. 4600 SF of living space with $6300/month in rents currently. Offered at a 6.4% CAP with room to grow the rents with more modern upgrades. 0.9 miles north of Logan Square Blue Line stop. 0.8 miles from Belmont Blue Line stop. Newer built property with good cash flow and upside in rapidly improving area.

Last Agent to Sell the Property

Edward Liss

Triton Realty Group LLC Listed on: 02/17/2020

Last Buyer's Agent

Kevin Rocio

@properties Commercial License #475128895

@properties Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,249

Year Built

  • Built in 2002

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $306
  • Insurance Expense $1,202
  • Maintenance Expense $900
  • Water Sewer Expense $1,582
  • Gross Income $75,600
  • Net Operating Income $57,042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,249

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2002
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2002

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 7
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • List Price: 890000
  • Roof: Rubber
  • 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, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1582
  • Other Expenses $: 1050
  • Trash Expense Year: 2019

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 3675 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 57042
  • Insurance Expense: 1202
  • ElectricExpense: 306
  • GrossIncome: 75600
  • Maintenance Expense: 900
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11249.47
  • Tax Year: 2018

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
03/30/2020 03/30/20 Sold $870,000 -2.2% $235 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $890,000 -- $240 / Sq Ft
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: 10640120

Midwest Real Estate Data (MRED)

APN: 13261160560000