$995,000

Estimated payment $6,449/month

Total Views 8,250
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Balcony
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Ceiling Fan
  • Multiple Water Heaters

About This Home

Desirable All-Brick 3-Unit Building on Oversized Lot in prime boulevard location. Don't miss this rare opportunity to own a solid, all-brick 3-unit building situated on a humongous lot along a picturesque, tree-lined boulevard. This well-maintained property offers exceptional value with separate utilities and individual laundry connections for each unit-perfect for owner-occupants or savvy investors. The first-floor unit has been recently remodeled and showcases updated finishes, including oak kitchen cabinets, a ceramic tile bath, newer hardwood floors, windows, doors, and generous closet space throughout. The second and third-floor units each feature 3 bedrooms, 1.5 baths, wood-burning fireplace and offers spacious layouts ideal for tenants or extended family. One bedroom in the owner's unit is currently used as a family room, adding warmth and flexibility to the space. Both upper-level apartments enjoy access to newer, private decks-perfect for outdoor relaxing or entertaining. The serene, expansive backyard provides a peaceful retreat that seems to go on forever, making it an ideal setting for summer enjoyment and gatherings. Current rents are below market due to long-term, month-to-month tenants, offering significant upside potential. Conveniently located within walking distance to schools, public transportation, and everyday conveniences, this is a must-see property with endless possibilities.

Listing Agent

Stan Sierotnik

Century 21 Circle License #471010769 Listed on: 05/02/2025

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,771

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 30x231
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $210
  • Fuel Expense $1,800
  • Insurance Expense $5,769
  • Water Sewer Expense $1,127
  • Gross Income $33,600
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,771

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Window Air Conditioner,Fireplace-Wood,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Cooktop,Oven/Built-in

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 995000
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1127

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X231
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 33600
  • Fuel Expense: 1800
  • Insurance Expense: 5769
  • ElectricExpense: 210
  • GrossIncome: 33600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13771
  • Tax Year: 2023

Map

Range of Values:

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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 Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $995,000 +1.0% --
06/10/2025 06/10/25 Price Changed $985,000 -1.0% --
05/02/2025 05/02/25 For Sale $995,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12353210

Midwest Real Estate Data (MRED)

APN: 13271110050000