NOT LISTED FOR SALE
14 Beds
7 Baths
-- Sq Ft
1900 Built

Last Sold June 23, 2021

Last sale price $1,590,000

10 Days on Market

About This Home

As of June 2021

Large 7 unit apartment building sitting on a double lot. Big front units include sunrooms. Rear units include private outdoor deck. All units have dining rooms. Building was rehabbed in 2016 with new kitchens and bathrooms, refinished hardwood floors, new modern fixtures including ceiling fans. Kitchens include stainless steel appliances with dishwashers, garbage disposals and microwaves. Spacious and sunny units. Property includes 4 outdoor parking spaces. Coin operated laundry. All units have private storage. Property is fully gated with intercom entry system. All units have potential for rental increases.

Last Agent to Sell the Property

Erin Feinerman

@properties Christie's International Real Estate License #475167266 Listed on: 04/26/2021

@properties Christie's International Real Estate

Co-Listed By

Ian Feinerman

@properties Commercial License #475124617

Last Buyer's Agent

Richard Kasper

Compass License #475146171

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,762

Year Built

  • Built in 1900

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 37x124

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,080
  • Fuel Expense $660
  • Insurance Expense $4,086
  • Other Expense $1,800
  • Trash Expense $2,100
  • Water Sewer Expense $4,429
  • Operating Expense $14,655
  • Gross Income $141,120
  • Net Operating Income $115,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 14
  • Fireplaces: 1
  • Drive-In Doors: 7
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 1
  • Room: 5
  • Room: 5
  • Room: 5

Exterior Features

  • List Price: 1645000

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Fee Information

  • Trash Expense: 2100
  • Water Sewer Expenses: 4429
  • Janitor Expense: 0
  • Operating Expense Includes: Maintenance

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37X124

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 115703
  • Fuel Expense: 660
  • Insurance Expense: 4086
  • ElectricExpense: 1080
  • GrossIncome: 141120
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 14655
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10762
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/23/2021 06/23/21 Sold $1,590,000 -3.3% --
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale -- -- --
04/26/2021 04/26/21 For Sale $1,645,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11066474

Midwest Real Estate Data (MRED)