NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot Lot

Sale Details

Date Sold: September 9, 2022

Last sale price $1,100,000

24 Days on Market

About This Home

As of September 2022

Meticulously Renovated 3-Story Masonry Yellow Brick Building - (3) 3 beds, 1 bath units (w/ ADU approval to add 4th unit!)- Perfect blend of vintage, turn-of-the-century detailing coupled with new construction amenities in the heart of Logan Square. Situated on a quaint, quiet tree-lined street in prime Logan Square location. Total gut rehab was completed in 2016. Each unit features three bedrooms total- two very large bedrooms plus one smaller one. Extremely large, airy and sunlight-drenched living rooms and dining rooms. Designer-specified finishes throughout. New kitchens, quartz counter tops, soft-touch kitchen cabinets and drawers, high end retro appliances, including dishwashers and built-in microwaves. New bathrooms, re-finished woodwork, floors, walls, ceilings, new light fixtures throughout. New central AC, and new high efficiency gas forced air heating system. Incredible sunlight from lots of windows. Each unit is equipped with a large separate laundry room. Secured private basement storage. Framed detached two-car garage at the rear of property. Nicely landscaped yard with brick paver patio for good weather hanging out. Two blocks to California/Milwaukee Ave El Stop and Logan Square's thriving Milwaukee Ave corridor. Walk to Revolution Brewing, Boiler Room, Logan Diner, Chicago Distilling, Emporium, The Radler, Gaslite Coffee Roasters, Cafe Moustache, Township, and Mikos Italian Ice. Two Blocks to Palmer Square Park. Given its great location, property is historically 100% occupied. Room for rent increases, currently brings in $91,824 annually. Tenants all pay separate utilities.

Last Agent to Sell the Property

Steve Kehoe

Compass License #475170862 Listed on: 07/06/2022

Compass

Last Buyer's Agent

Jessica McDonogh

Peacocke Properties, LLC License #471009959

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,407

Year Built

  • Built in 1915 | Remodeled in 2014

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x140.5

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $153
  • Insurance Expense $2,563
  • Maintenance Expense $4,211
  • Manager Expense $4,484
  • Water Sewer Expense $1,305
  • Gross Income $91,524
  • Net Operating Income $67,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,407

Year Built

Built in 1915 | Remodeled in 2014

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ 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: 3
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Manager Expense: 4484

Fee Information

  • Water Sewer Expenses: 1305

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 25X140.5
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 67559
  • Insurance Expense: 2563
  • ElectricExpense: 153
  • GrossIncome: 91524
  • Maintenance Expense: 4211
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11407
  • Tax Year: 2020
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/09/2022 09/09/22 Sold $1,100,000 -4.3% --
07/31/2022 07/31/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,150,000 +51.3% --
11/12/2015 11/12/15 Sold $760,000 -2.4% -- View Prior Sale
10/07/2015 10/07/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $779,000 +122.6% --
01/26/2015 01/26/15 Sold $350,000 0.0% -- View Prior Sale
05/22/2014 05/22/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $350,000 -- --
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 $11,969 $88,430 $19,740 $68,690
2024 $11,969 $88,430 $19,740 $68,690
2023 $11,666 $56,527 $15,863 $40,664
2022 $11,666 $56,527 $15,863 $40,664
2021 $14,158 $70,177 $15,862 $54,315
2020 $11,407 $51,022 $8,988 $42,034
2019 $11,691 $57,980 $8,988 $48,992
2018 $10,774 $57,980 $8,988 $48,992
2017 $6,741 $34,690 $7,931 $26,759
2016 $6,448 $34,690 $7,931 $26,759
2015 $7,328 $42,611 $7,931 $34,680
2014 $6,012 $34,969 $7,050 $27,919
2013 $5,882 $34,969 $7,050 $27,919
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11455362

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.