NOT LISTED FOR SALE
9 Beds
3 Baths
2,664 Sq Ft
1885 Built

Sale Details

Date Sold: March 18, 2025

Last sale price $655,000 $246 Per Sq Ft

83 Days on Market

About This Home

As of March 2025

Nicely updated 2018 gut rehabbed, 2-story, solid brick Greystone is a must-see for investors seeking a turn-key property with strong rental income potential, or for an owner-occupant looking to offset their payments. Each of the 3 bedrooms, 1 bathroom units feature spacious bedrooms, open white kitchens, and updated bathrooms. Units are equipped with it's own mechanical systems and in-unit laundries. Gated parking in the rear, with 2 tandem spots for 4 cars. With a prime location near the California Green Line stop, tenants will enjoy easy access to public transportation. Currently, all units are rented under market value, presenting much more potential. Sold as-is.

Last Agent to Sell the Property

William Fisher

Compass License #475171783 Listed on: 11/20/2024

Compass

Co-Listed By

John Federici

Compass License #471007367

Last Buyer's Agent

Shenika Banks

Kale Realty License #475174747

Kale Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,793

Year Built

  • Built in 1885

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24 x 123

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $151
  • Gross Income $4,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,793

Year Built

Built in 1885

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 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: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley, Alley Access
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Fee Information

  • Water Sewer Expenses: 151

Lot Info

  • Lot Dimensions: 24 X 123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 1500
  • GrossIncome: 4150
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3793.49
  • Tax Year: 2023
  • 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 20, 2024
Closed on
Feb 26, 2025
Sold by
Oscar Investments Llc
Bought by
Seller's Agent
William Fisher
Compass
Buyer's Agent
Shenika Banks
Kale Realty
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2017
Sold by
Bank Of America N A
Bought by
Oscar Investments Llc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Johnson Jessie
Bought by
Wong Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,353
Interest Rate
6.09%
Mortgage Type
FHA
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
$655,000 None Listed On Document
Oscar Investments Llc $45,000 Attorney
Wong Eric $280,000 Law Title Insurance
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
Open $495,000
Closed Jambar Holdings Llc $340,000
Previous Owner Wong Eric $276,353
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 Prior Sale
03/18/2025 03/18/25 Sold $655,000 -1.4% $246 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $664,000 -1.5% $249 / Sq Ft
12/12/2024 12/12/24 Price Changed $674,000 -3.6% $253 / Sq Ft
11/20/2024 11/20/24 For Sale $699,000 +1453.3% $262 / Sq Ft
05/12/2017 05/12/17 Sold $45,000 0.0% $17 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $45,000 -- $17 / Sq Ft
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 $3,793 $38,483 $4,280 $34,203
2024 $3,793 $38,483 $4,280 $34,203
2023 $3,698 $21,012 $3,469 $17,543
2022 $3,698 $21,012 $3,469 $17,543
2021 $3,615 $17,918 $3,468 $14,450
2020 $3,045 $13,624 $3,468 $10,156
2019 $3,121 $15,482 $3,468 $12,014
2018 $3,068 $15,482 $3,468 $12,014
2017 $3,702 $17,138 $3,099 $14,039
2016 $4,218 $21,060 $3,099 $17,961
2015 $3,859 $21,060 $3,099 $17,961
2014 $3,479 $18,753 $2,952 $15,801
2013 $3,411 $18,753 $2,952 $15,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12212833

Midwest Real Estate Data (MRED)

APN: 16123300110000

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