NOT LISTED FOR SALE
25 Beds
16 Baths
6,333 Sq Ft
5,250 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $2,625,000 $414 Per Sq Ft

7 Days on Market

Highlights

  • 3 Fireplaces
  • 2-minute walk to Belmont Station (Brown, Purple, Red Lines)
  • Central Heating and Cooling System
  • Nettelhorst Elementary School Rated A-
  • Brick Exterior Construction
  • 4-minute walk to Martin (Johnny) Park

About This Home

As of March 2021

We are pleased to present 3225 Wilton consisting of 2 buildings with an RM-5 zoning in the heart of Lakeview. This beautiful building is also in the ADU program that allows conversions of non conforming units. The front building is a beautiful 4 unit grey stone separated by a court yard that connects to the rear 6 unit building. 8 of the 10 units have been extensively remodeled and extremely easy to rent being a commuters dream just steps from the Belmont train station. Each unit boasts separate mechanicals and central air. Laundry units a must? Most have in unit laundry while coin laundry is onsite as well. Make sure to ask about the extensive capital improvements done over the past year. Total lot size is aprox 5,250 sqft. The possibilities are endless with this turn key investment in an A+ location!

Last Agent to Sell the Property

Joe Gawley

Charles Rutenberg Realty of IL License #475144756 Listed on: 01/19/2021

Charles Rutenberg Realty of IL

Last Buyer's Agent

Anish Sheth

Charles Rutenberg Realty of IL License #475145138

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,536

Year Built

  • Built in 1895

Lot Details

  • 5,250 Sq Ft Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 16 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 10 Units

Building Details

  • Insurance Expense $5,946
  • Maintenance Expense $2,350
  • Operating Expense $17,213
  • Gross Income $245,640
  • Net Operating Income $192,891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,536

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16
  • Total Bedrooms: 25
  • Fireplaces: 3
  • Fireplaces: 8
  • Dishwashers: 10
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 8
  • Room: 5
  • Room: 8
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • List Price: 2650000
  • Exterior Building Type: Brick,Stone

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 5250
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 192891
  • Insurance Expense: 5946
  • GrossIncome: 245640
  • Maintenance Expense: 2350
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 17213
  • Expense Year: 2019
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 35536
  • Tax Year: 2019

Range of Values:

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Sold Price
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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 Change Sq Ft Price
03/22/2021 03/22/21 Sold $2,625,000 -0.9% $414 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $2,650,000 +48.9% $418 / Sq Ft
05/04/2018 05/04/18 Sold $1,780,000 +0.3% --
04/06/2018 04/06/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,775,000 0.0% --
08/25/2017 08/25/17 Rented $1,400 0.0% --
07/30/2017 07/30/17 For Rent $1,400 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10974313

Midwest Real Estate Data (MRED)

APN: 14204260430000