NOT LISTED FOR SALE

3107 W Belden Ave Chicago, IL 60647

Logan Square Neighborhood
13 Beds
5 Baths
4,460 Sq Ft
1895 Built

Last Sold March 10, 2023

Last sale price $1,150,000 $258 Per Sq Ft

1 Day on Market

Highlights

  • Greystone Architecture
  • Enclosed Patio or Porch
  • Multiple Water Heaters
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of March 2023

Exceptionally well located steps to Palmer Square, Blue line, and everything Logan set on oversized 37.5 x 140 lot sequested on private cul de sac. Offers muliple investment objectives as investor or end user. Wide, expansive, diverse unit mix offers (2) 3 bedroom 1 bath (2) 2 bedroom 1 bath and (1) non conforming sprawling 3 bedroom 1 bath with dedicated direct access at exterior which shows like a model. Location is part of approved ADU Pilot porgram that offer a possible path of conformity. Alternatively operate as non conforming or duplex. Individual gas forced air and central air, separate hot water tanks, newer kitchens and baths, hardwood floors, window treatments, huge yard, laundry, storage, shop or studio space. Gross Monthly Income $8700.00 Annual Income $104,400 Fixed Annual Expense 2022 Insurance $3000 Water/Garbage $4,200 Electric $1,200 Gas $840 Taxes* $21,184 *Protested pending results for relief Total Expenses $30,424 Net Operating Income $76,976 CAPX Improvement has made in the last 10 years: 2012Tear off roof, new sheating, insulation and membrane, New mechanical systems for all units GFA/CA Marvinbwindows and side door replaced, New kitchen (cabinet, counters, appliances) for all units - 2014 New bathrooms Tuckpointing , New water heaters, replaced as needed 2012-2020 , Building is fully stablized with leases through Spring 2024. Zoning Certificate 4 units.

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 02/09/2023

Co-Listed By

Staci Slattery

North Clybourn Group, Inc. License #471017646

Last Buyer's Agent

Jake Steinle

Compass License #475159025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,184

Year Built

  • Built in 1895 | Remodeled in 2014

Home Design

  • Greystone Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Potential Bedrooms
  • 5 Bathrooms

Lot Details

  • Lot Dimensions are 37.5 x 140.5
  • Cul-De-Sac

Schools

  • Darwin Elementary School
  • Clemente Community Academy Senio High School

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,000
  • Water Sewer Expense $4,200
  • Gross Income $104,400
  • Net Operating Income $76,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,184

Year Built

Built in 1895 | Remodeled in 2014

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Condo
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1895
  • 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: 5
  • Total Bedrooms: 13
  • Other Equipment: Multiple Water Heaters
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Lot Features: Cul-De-Sac
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Other
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 4200

Schools

  • Elementary School: Darwin Elementary School
  • High School: Clemente Community Academy Senio

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5 X 140.5
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Heat,Other

Multi Family

  • Net Operating Income: 76016
  • Insurance Expense: 3000
  • GrossIncome: 104400
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Other

Tax Info

  • Tax Annual Amount: 21184
  • Tax Year: 2021
  • Tax Exemptions: None
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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
03/10/2023 03/10/23 Sold $1,150,000 -11.5% $258 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $1,299,000 -- $291 / 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 $22,233 $117,000 $29,607 $87,393
2024 $22,233 $117,000 $29,607 $87,393
2023 $21,670 $105,001 $23,792 $81,209
2022 $21,670 $105,001 $23,792 $81,209
2021 $21,184 $104,999 $23,791 $81,208
2020 $13,579 $60,734 $13,481 $47,253
2019 $15,250 $75,630 $13,481 $62,149
2018 $14,939 $75,630 $13,481 $62,149
2017 $9,425 $43,784 $11,895 $31,889
2016 $8,769 $43,784 $11,895 $31,889
2015 $8,023 $43,784 $11,895 $31,889
2014 $6,831 $36,816 $10,574 $26,242
2013 $6,696 $36,816 $10,574 $26,242
Source: Public Records

Agents Affiliated with this Home

  • Karen Biazar

    Seller's Agent in 2023

    Karen Biazar

    North Clybourn Group, Inc.

    (773) 610-8877

    53 in this area

    874 Total Sales

    Karen Biazar
    Section Image
  • Staci Slattery

    Seller Co-Listing Agent in 2023

    Staci Slattery

    North Clybourn Group, Inc.

    (773) 645-7907

    37 in this area

    480 Total Sales

    Staci Slattery
    Section Image
  • Jake Steinle

    Buyer's Agent in 2023

    Jake Steinle

    Compass

    (312) 319-1168

    3 in this area

    69 Total Sales

    Jake Steinle
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715691

Midwest Real Estate Data (MRED)

APN: 13361060170000

Illinois Cook County Chicago 60647 Logan Square

3107 W Belden Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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