NOT LISTED FOR SALE
8 Beds
3 Baths
4,050 Sq Ft
1903 Built

Sale Details

Date Sold: July 12, 2023

Last sale price $145,000 $36 Per Sq Ft

5 Days on Market

About This Home

As of July 2023

This is a very rare, large, mixed use multi unit located on historic fifth Ave in the heart of Garfield Park. Located just south of Madison Ave this building offers a buyer with vision so much potential. There is a charming storefront on the main level with two very large apartments on the second and third floor of this building, convert the main level into your office or a store front, live in one unit and rent the other out and this can be a great investment. Another option is to renovate all units and rent them all out while building equity and creating long term equity growth. Located just blocks from Garfield Park, minutes from the Green and Blue line and steps from 290 this is truly centrally located. These style buildings do not hit the market often, get inside today to appreciate all this building has to offer

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 05/16/2023

RE/MAX Premier

Last Buyer's Agent

Gabriel Abarca

Elite Realty Network LLC License #471016729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1903

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,219

Year Built

Built in 1903

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2219.08
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Other
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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
07/12/2023 07/12/23 Sold $145,000 +0.1% $36 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $144,900 -- $36 / Sq Ft
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 $2,329 $32,000 $4,531 $27,469
2024 $2,329 $32,000 $4,531 $27,469
2023 $2,270 $11,000 $3,672 $7,328
2022 $2,270 $11,000 $3,672 $7,328
2021 $2,219 $10,999 $3,671 $7,328
2020 $3,749 $16,773 $3,671 $13,102
2019 $3,842 $19,061 $3,671 $15,390
2018 $3,777 $19,061 $3,671 $15,390
2017 $0 $22,043 $3,281 $18,762
2016 $0 $22,043 $3,281 $18,762
2015 $0 $22,043 $3,281 $18,762
2014 -- $20,879 $3,125 $17,754
2013 -- $20,879 $3,125 $17,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11783914

Midwest Real Estate Data (MRED)

APN: 16131150050000

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