NOT LISTED FOR SALE
8 Beds
4 Baths
4,032 Sq Ft
2,614 Sq Ft Lot

Last Sold November 22, 2024

Last sale price $650,000 $161 Per Sq Ft

5 Days on Market

About This Home

As of November 2024

All-brick, large legal 4-flat located in the best block of McKinley Park! Each unit offers approximately 1,000 sq ft of space, 2 generously-sized bedrooms, 1 bathroom, spacious living room, kitchen, dining room, central heat/air, and high ceilings. Many updates: newer south/west and garage brick walls from 2015, newer parapet wall from 2021, completed tear-off roof from 2021, newer tuckpointed north wall from 2021, newer hot water tanks (2F and 2R) from 2022, newer central heat and air. Oversized brick 2 car garage. Conveniently located: 2 blocks to Orange Line, Bus #62/49/35/50, Target, Starbucks, Cermak Produce, Jewel, restaurants, 64-acre McKinley Park. Easy access to I-55/90/94. Minutes to downtown, Chinatown, lakefront, and more. Great investment opportunity with best cash flow! Fully-leased property with monthly rent at $5,255, or projected rent at $5,730/month, or $68,760/year. Huge upside! Easy to rent; 0% vacancy!

Last Agent to Sell the Property

Qizhong Guan

Century 21 S.G.R., Inc. License #475154447 Listed on: 09/18/2024

Century 21 S.G.R., Inc.

Last Buyer's Agent

Sonny Ruan

Chi Real Estate Group LLC License #475173549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1895

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Everett Elementary School
  • Evergreen Academy Elementary Sch Middle School
  • Kelly High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,752

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • AppliancesAndFeatures: Central Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: Everett Elementary School
  • High School: Kelly High School
  • Middle/Junior School: Evergreen Academy Elementary Sch

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Other

Tax Info

  • Tax Annual Amount: 6751.71
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat
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 List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $650,000 0.0% $161 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $649,990 +354.9% $161 / Sq Ft
04/22/2015 04/22/15 Sold $142,900 0.0% $35 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
01/28/2015 01/28/15 Price Changed $142,900 -5.9% $35 / Sq Ft
01/06/2015 01/06/15 Price Changed $151,900 -5.0% $38 / Sq Ft
01/05/2015 01/05/15 For Sale $159,900 0.0% $40 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
12/15/2014 12/15/14 For Sale $159,900 -- $40 / 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
2025 $6,752 $46,000 $9,300 $36,700
2024 $6,752 $46,000 $9,300 $36,700
2023 $6,582 $32,000 $7,500 $24,500
2022 $6,582 $32,000 $7,500 $24,500
2021 $6,435 $32,000 $7,500 $24,500
2020 $5,068 $25,853 $6,000 $19,853
2019 $5,282 $29,717 $6,000 $23,717
2018 $5,191 $29,717 $6,000 $23,717
2017 $5,791 $30,278 $5,100 $25,178
2016 $5,564 $30,278 $5,100 $25,178
2015 $1,348 $7,617 $5,100 $2,517
2014 $4,207 $25,244 $3,600 $21,644
2013 -- $25,244 $3,600 $21,644
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: 12166055

Midwest Real Estate Data (MRED)

APN: 17311060170000