NOT LISTED FOR SALE
9 Beds
2 Baths
2,166 Sq Ft
1945 Built

Last Sold May 13, 2022

Last sale price $244,000 $113 Per Sq Ft

21 Days on Market

About This Home

As of May 2022

A cash flowing, well maintained two flat in South Chicago! This property offers a 10% cap rate and long term tenants on month to month leases. Each of the units has separate washer/dryer hookups. All the electrical and plumbing was updated in 2008, both kitchens were remodeled in 2016 and the property offers two off street parking spots in the rear inside the fully fenced yard. The property also offers a large storage room in the basement. Current rent is $2100 ($1100 and $1000). The roof is approximately 10 years old.

Last Agent to Sell the Property

Justin Miret

Americorp, Ltd License #475196763 Listed on: 02/07/2022

Co-Listed By

Joseph Kotoch

Compass License #475158180

Last Buyer's Agent

Gabrielle Chapple

Fulton Grace Realty License #475183915

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1945 | Remodeled in 2014

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1945 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 9
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas, Electric
  • Water Source: Public

Lot Info

  • Lot Dimensions: 4000 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 2100
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2113.38
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
05/13/2022 05/13/22 Sold $244,000 +1.7% $113 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $239,900 -- $111 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $1,832 $14,506 $2,419 $12,087
2024 $1,832 $14,506 $2,419 $12,087
2023 $2,468 $12,000 $3,225 $8,775
2022 $2,468 $12,000 $3,225 $8,775
2021 $2,413 $12,000 $3,225 $8,775
2020 $2,113 $9,487 $3,225 $6,262
2019 $2,191 $10,905 $3,225 $7,680
2018 $2,154 $10,905 $3,225 $7,680
2017 $3,398 $15,783 $2,902 $12,881
2016 $3,161 $15,783 $2,902 $12,881
2015 $2,892 $15,783 $2,902 $12,881
2014 $2,513 $13,544 $2,257 $11,287
2013 $2,463 $13,544 $2,257 $11,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11317579

Midwest Real Estate Data (MRED)

APN: 21312120350000