NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 17, 2018

Last sale price $730,000

9 Days on Market

Highlights

  • Victorian Architecture
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Fenced Yard

About This Home

As of May 2018

Wonderful rental property fully occupied by long-term tenants. Tenants pay own utilities, laundry machines bring in extra income, 2 parking spots. Short walk to the Logan blue line and all of Milwaukee Ave's retail. Great investment opportunity

Last Agent to Sell the Property

Michael Lane

Green Street Capital LTD License #471002035 Listed on: 02/25/2018

Last Buyer's Agent

Seth Captain

Captain Realty LLC License #471005389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,919

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced Yard

Home Design

  • Victorian Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $67,560
  • Net Operating Income $55,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,919

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room Type: Enclosed Porch
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Block
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 11815

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • TenantPays: None

Multi Family

  • Net Operating Income: 55745
  • GrossIncome: 67560
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7918.59
  • Tax Year: 2017
  • Tax Exemptions: None
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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
05/17/2018 05/17/18 Sold $730,000 -2.7% --
03/06/2018 03/06/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $750,000 +14.5% --
08/31/2015 08/31/15 Sold $655,000 -6.3% -- View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
06/09/2015 06/09/15 Price Changed $699,000 -4.1% --
06/03/2015 06/03/15 For Sale $729,000 +395.9% --
09/19/2012 09/19/12 Sold $147,000 +13.2% -- View Prior Sale
06/22/2012 06/22/12 Pending -- -- --
06/13/2012 06/13/12 Price Changed $129,900 -7.1% --
06/07/2012 06/07/12 For Sale $139,900 0.0% --
05/01/2012 05/01/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $139,900 0.0% --
04/16/2012 04/16/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $139,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $14,610 $77,000 $18,749 $58,251
2024 $14,610 $77,000 $18,749 $58,251
2023 $14,240 $69,000 $15,120 $53,880
2022 $14,240 $69,000 $15,120 $53,880
2021 $13,921 $69,000 $15,120 $53,880
2020 $10,772 $48,180 $8,618 $39,562
2019 $11,040 $54,751 $8,618 $46,133
2018 $10,815 $54,751 $8,618 $46,133
2017 $8,511 $39,536 $7,560 $31,976
2016 $7,919 $39,536 $7,560 $31,976
2015 $7,245 $39,536 $7,560 $31,976
2014 $6,617 $35,665 $6,048 $29,617
2013 $6,487 $35,665 $6,048 $29,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09866437

Midwest Real Estate Data (MRED)
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