NOT LISTED FOR SALE
13 Beds
5 Baths
4,460 Sq Ft
1895 Built

Sale Details

Date 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
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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

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
Feb 9, 2023
Closed on
Mar 6, 2023
Sold by
Belden Investments Llc
Bought by
Seller's Agent
Karen Biazar
North Clybourn Group, Inc.
Buyer's Agent
Jake Steinle
Compass
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
7.5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 2013
Sold by
Miske Kevin P and Miske Sherri
Bought by
Belden Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2005
Sold by
Buscemi Ronald A
Bought by
Miske Kevin P and Miske Sherri

Purchase Details

Closed on
Jul 2, 1997
Sold by
Quinonez Beatriz
Bought by
Buscemi Ronald A
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
$1,150,000 Chicago Title
Belden Investments Llc -- First American Title Ins Co
Miske Kevin P $515,000 Multiple
Buscemi Ronald A $215,000 --
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 $850,000
Previous Owner Chicago Title Land Trust $862,500
Closed Belden Investments Llc $562,500
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
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

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 $23,585 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715691

Midwest Real Estate Data (MRED)

APN: 13361060170000

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