NOT LISTED FOR SALE
14 Beds
6 Baths
6,812 Sq Ft
3,485 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $700,000 $103 Per Sq Ft

33 Days on Market

Highlights

  • Brick Exterior Construction
  • Central Heating
  • Hot Water Heating System

About This Home

As of October 2019

Rare corner brick 6 unit building in Kilbourn Park / West Avondale. Enormous units with separate living/dining, large bedrooms with closets. Units consist of three 3BD/1BTH, two 2BD/1BTH, and one 1BD/1BTH. Hardwood floors throughout. Newer roof 2017, windows, water heater and new copper plumbing. All units are on month-to-month lease making it easy for a new owner to rehab. 2 car garage plus two parking pads. Property is close to public transportation, Blue line, highway, restaurants and parks. This is a great value add property with room to increase rents. The empty lot next door is NOT included in the sale. Sold separately.

Last Agent to Sell the Property

Weston Harding

Compass License #471008542 Listed on: 06/24/2019

Compass

Co-Listed By

Karla Tejada

North Clybourn Group, Inc. License #475159963

Last Buyer's Agent

Ben Lalez

Compass License #475124644

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,170

Year Built

  • Built in 1951

Lot Details

  • 3,685 Sq Ft Lot
  • Lot Dimensions are 29 x 126

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,812 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $3,800
  • Insurance Expense $2,000
  • Trash Expense $730
  • Water Sewer Expense $1,200
  • Operating Expense $18,500
  • Gross Income $79,500
  • Net Operating Income $61,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,170

Year Built

Built in 1951

Lot Details

3,685 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1951
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Basement Description: Finished,Exterior Access
  • Misc Inside: Other
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Other
  • Exterior Building Type: Brick,Stone
  • Roof Structure: Flat,Pitched

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water,Radiators
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 730
  • Water Sewer Expenses: 1200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 29 X 126
  • Lot Size Sq Ft: 3685
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6812

Multi Family

  • Net Operating Income: 61000
  • Fuel Expense: 3800
  • Insurance Expense: 2000
  • ElectricExpense: 600
  • GrossIncome: 79500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18500
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10170
  • Tax Year: 2017
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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
10/29/2019 10/29/19 Sold $700,000 -6.5% $103 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $749,000 -- $110 / 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 $12,328 $78,474 $11,424 $67,050
2024 $12,328 $82,001 $11,424 $70,577
2023 $12,016 $58,191 $9,213 $48,978
2022 $12,016 $58,191 $9,213 $48,978
2021 $13,930 $69,003 $9,216 $59,787
2020 $9,726 $43,475 $5,343 $38,132
2019 $10,200 $50,553 $5,343 $45,210
2018 $9,992 $50,553 $5,343 $45,210
2017 $10,171 $47,221 $4,790 $42,431
2016 $9,669 $48,250 $4,790 $43,460
2015 $9,621 $52,474 $4,790 $47,684
2014 $9,738 $52,447 $4,422 $48,025
2013 $10,256 $56,349 $4,422 $51,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10419127

Midwest Real Estate Data (MRED)

APN: 13271140210000

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