NOT LISTED FOR SALE
6 Beds
3 Baths
2,420 Sq Ft
1913 Built

Sale Details

Date Sold: May 24, 2024

Last sale price $755,000 $312 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of May 2024

Take a look at this renovated brick legal 3-flat in Avondale, which is a amazing investment opportunity with strong positive cash flow. Recently cosmetically renovated with new white shaker cabinets, hardwood floors, stainless steel appliances, central air, heat with in unit washer and dryer. The exterior brick has also been spot tuck-pointed. These spacious units rent quickly because of the large bedrooms, sunny enclosed porches, spacious bathrooms, and extra storage space. The lot size is extra-long, providing ample backyard space for tenants to hold socially distanced gatherings. This property is perfect for house hackers or turnkey investors who want a property that generates positive cash flow and requires minimal maintenance just acquire and raise rents to market

Last Agent to Sell the Property

Mitir Patel

Essex 312, LLC License #475157343 Listed on: 04/05/2024

Last Buyer's Agent

Sally Kats

Baird & Warner License #475138376

Baird & Warner
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1913 | Remodeled in 2018

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 30 x 142

Community Details

  • 3 Units
  • Legal 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,505

Year Built

Built in 1913 | Remodeled in 2018

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 142
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8504.98
  • Tax Year: 2022

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 22, 2024
Sold by
Inocencio Capital 2 Llc
Bought by
Seller's Agent
Mitir Patel
Essex 312, LLC
Buyer's Agent
Sally Kats
Baird & Warner
List Price
$729,900
Sold Price
$755,000
Premium/Discount to List
$25,100
3.44%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Outstanding Balance
$590,211
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2022
Sold by
Inocencio Capital Llc
Bought by
Inocencio Capital 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 30, 2018
Sold by
Carreno Esteban
Bought by
Inocencio Capital Llc
Seller's Agent
Maria Galindo
RE/MAX 10
Buyer's Agent
Weston Harding
Compass
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 2003
Sold by
Carreno Esteban and Roman Austreberta
Bought by
Carreno Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 1998
Sold by
Barron Ramon and Barron Guadalupe
Bought by
Carreno Esteban and Roman Austreberta
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$755,000 None Listed On Document
Inocencio Capital 2 Llc -- None Listed On Document
Inocencio Capital Llc $399,000 First American Title
Carreno Esteban -- --
Carreno Esteban $182,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $604,000
Previous Owner Inocencio Capital 2 Llc $3,300,000
Closed Inocencio Capital Llc $299,250
Closed Carreno Esteban $195,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $755,000 +3.4% $312 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $729,900 +82.9% $302 / Sq Ft
05/30/2018 05/30/18 Sold $399,000 0.0% $165 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
04/10/2018 04/10/18 Off Market $399,000 -- --
03/20/2018 03/20/18 For Sale $399,000 -- $165 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,726 $55,000 $18,531 $36,469
2024 $8,726 $55,000 $18,531 $36,469
2023 $8,505 $41,186 $14,914 $26,272
2022 $8,505 $41,186 $14,914 $26,272
2021 $8,770 $43,446 $14,914 $28,532
2020 $6,895 $30,822 $6,816 $24,006
2019 $7,148 $35,428 $6,816 $28,612
2018 $7,002 $35,428 $6,816 $28,612
2017 $4,994 $34,959 $5,964 $28,995
2016 $6,505 $34,959 $5,964 $28,995
2015 $5,929 $34,959 $5,964 $28,995
2014 $5,570 $32,566 $5,112 $27,454
2013 $5,449 $32,566 $5,112 $27,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020340

Midwest Real Estate Data (MRED)

APN: 13261080410000

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