NOT LISTED FOR SALE
11 Beds
8 Baths
-- Sq Ft
1913 Built

Sale Details

Date Sold: December 30, 2024

Last sale price $1,440,000

47 Days on Market

Highlights

  • Den
  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Lower Floor Utility Room

About This Home

As of December 2024

2022 Gut Rehab permits/plans/inspections. Low maintenance with Long term tenants. Low property tax. 2-car garage. Total building sq ft-5,800. Privacy fence. All units have tankless HW, washer/dryer, stainless appliances, hardwood floors, quartz countertops, Forced HVAC, new plumbing and 400amp Elec. service with sub-panels for each unit. New water service with booster pump. Two duplex (duplex up and duplex down) units and two simplex units (simplex units have a storage unit). 7-room Duplex-Up lives like SFH: Main level features Liv./Din./Office/Powder Rm./Coat closet/ Mudroom (bench/coat hooks) and custom kitchen with upgraded appliances and 3 bed/2bath w/ ensuite bath (both baths have heated floors), multiple built out closets and laundry. Right off bustling Milwaukee Ave.

Last Agent to Sell the Property

Anthony Araque

Chicagoland Brokers, Inc. License #475179394 Listed on: 10/10/2024

Last Buyer's Agent

Jen Romolo

@properties Christie's International Real Estate License #475161354

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,034

Year Built

  • Built in 1913 | Remodeled in 2022

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Asphalt Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Den
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 25x137

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $960
  • Fuel Expense $1,200
  • Insurance Expense $4,200
  • Professional Management Expense $2,000
  • Water Sewer Expense $1,758
  • Gross Income $126,600
  • Net Operating Income $106,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,034

Year Built

Built in 1913 | Remodeled in 2022

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 2000
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Rebuilt Year: 2022
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 8
  • Total Bedrooms: 11
  • Room Type: Den, Enclosed Porch, Utility Room-Lower Level
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Skylights/Windows,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt, Metal
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
  • ParkingTotal: 2

Utilities

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

Fee Information

  • Water Sewer Expenses: 1758
  • Other Expenses $: 400

Lot Info

  • Lot Dimensions: 25X137
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 106940
  • Fuel Expense: 1200
  • Insurance Expense: 4200
  • ElectricExpense: 960
  • GrossIncome: 126600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9034
  • Tax Year: 2022

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
Oct 10, 2024
Closed on
Dec 30, 2024
Sold by
Bought by
Seller's Agent
Anthony Araque
Chicagoland Brokers, Inc.
Buyer's Agent
Jen Romolo
@properties Christie's International Real Estate
List Price
$1,599,000
Sold Price
$1,440,000
Premium/Discount to List
-$159,000
-9.94%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,152,000
Interest Rate
0.0669%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
0.0337%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,440,000 Chicago Title Company
-- National Builder And Bancorp T
$425,000 Altima Title Llc
-- None Available
$71,000 --
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 $1,152,000
Previous Owner $1,050,000
Previous Owner $417,302
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
12/30/2024 12/30/24 Sold $1,440,000 -9.9% --
11/26/2024 11/26/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,599,000 -- --
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 $9,269 $55,000 $15,986 $39,014
2024 $9,269 $55,000 $15,986 $39,014
2023 $9,034 $43,749 $12,866 $30,883
2022 $9,034 $43,749 $12,866 $30,883
2021 $8,077 $46,003 $12,866 $33,137
2020 $5,373 $29,602 $5,880 $23,722
2019 $5,620 $34,026 $5,880 $28,146
2018 $6,725 $34,026 $5,880 $28,146
2017 $3,507 $35,790 $5,145 $30,645
2016 $3,878 $35,790 $5,145 $30,645
2015 $3,727 $35,790 $5,145 $30,645
2014 $3,696 $24,885 $4,410 $20,475
2013 $3,709 $24,885 $4,410 $20,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12185276

Midwest Real Estate Data (MRED)
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