$1,200,000
SOLD APR 7, 2025

3222 N Sheffield Ave Chicago, IL 60657

Lakeview Neighborhood
6 Beds
4 Baths
4,044 Sq Ft
2,962 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

44 Days on Market

About This Home

As of April 2025

Due to multiple offers, seller is requesting best and final be submitted no later than Friday, February 28th at 3:00 P.M. CST. Own a piece of Chicago History in the beautiful neighborhood of Lakeview. The building captures the charm of the town. Amazing opportunity.

Last Agent to Sell the Property

Bethany Libby

Gen Wealth Real Estate LLC License #471019609 Listed on: 01/20/2025

Last Buyer's Agent

Phillippe Joseph

Beyond Properties Realty Group License #475130562

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,038

Year Built

  • Built in 1901

Parking

  • 4 Parking Spaces

Home Design

  • Stone Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24 x 124

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,038

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • Construction Materials: Stone
  • List Price: 1200000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 24038
  • Tax Year: 2023

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Apr 7, 2025
Sold by
Hyatt Todd W
Bought by
Free And Clear Enterprises Llc
Seller's Agent
Bethany Libby
Gen Wealth Real Estate LLC
Buyer's Agent
Phillippe Joseph
Beyond Properties Realty Group
List Price
$1,200,000
Sold Price
$1,200,000
Total Days on Market
44
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.05%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$881,082

Purchase Details

Closed on
Mar 25, 2016
Sold by
T & V Enterprises Llc
Bought by
Hyatt Todd W

Purchase Details

Closed on
Jun 28, 2011
Sold by
Hyatt Todd W
Bought by
T & V Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2006
Sold by
Keane Margaret
Bought by
Hyatt Todd W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
6.62%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Chicago Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $975,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Seller Take Back
Open $1,170,450 Construction
Previous Owner $670,000 Commercial
Previous Owner $877,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $1,200,000 0.0% $297 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/27/2025 02/27/25 Off Market $1,200,000 -- --
01/20/2025 01/20/25 For Sale $1,200,000 -- $297 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $42,598 $123,342 $55,354 $67,988
2023 $42,598 $200,000 $44,640 $155,360
2022 $42,598 $200,000 $44,640 $155,360
2021 $41,720 $200,000 $44,640 $155,360
2020 $18,118 $78,493 $19,046 $59,447
2019 $19,511 $93,711 $19,046 $74,665
2018 $24,470 $119,475 $19,046 $100,429
2017 $19,704 $88,500 $16,665 $71,835
2016 $18,313 $88,500 $16,665 $71,835
2015 $16,169 $85,427 $16,665 $68,762
2014 $11,865 $64,360 $13,689 $50,671
2013 $11,638 $64,360 $13,689 $50,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12272749

Midwest Real Estate Data (MRED)

APN: 14-20-424-035-0000