NOT LISTED FOR SALE
8 Beds
5 Baths
4,684 Sq Ft
1913 Built

Last Sold August 16, 2021

Last sale price $917,000 $196 Per Sq Ft

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Two Heating Systems

About This Home

As of August 2021

LOGAN SQUARE: Rarely available beautiful vintage brick 4 flat on oversized Chicago lot in a phenomenal Logan Square location with very good bones! This building generates over $80,000 in gross income per year, and the current owners have successfully year after year appealed the Real Estate taxes downward. This is a very rare opportunity to own a profitable massive 5250 sq ft building, with an additional 2500 sq ft basement. The basement provides the buyer with interesting and possible expansion abilities under the recently passed City of Chicago Additional Dwelling Units (ADU) Ordinance. Two more ideas may be to duplex the first floor 3 bedroom down to the basement, or to convert all units to condos. Original built in fireplaces, hutches and ornate tiled entry flooring. Entire property gated in with front yard professionally landscaped and a nice concrete back patio for relaxing and BBQs. Turnkey rental property with all four units rented with leases: two 3 bedroom and 1 bath, and two 1 bedroom and 1 bath. All 4 units have walk in closets and pantries with built in drawers. There are separate stairwells for the front and back units and both include huge enclosed back porches. Coin operated washer and dryer generates $100 per month and the two car garage brings in $350 per month. Tuckpointed in 2015, Concrete Patio added in 2012, New front door in 2011, Roof completed in 2009, and New side porch 2008. Walk to CTA Blue Line, Beautiful Neighborhood Parks, Grocery Stores, Restaurants & Nightlife! Agents to accompany all viewings. Floor Plans attached on MRED.

Last Agent to Sell the Property

Janet Robertson

Coldwell Banker Realty License #475124117 Listed on: 06/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Mary Mell

ARNI Realty Incorporated

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,198

Year Built

  • Built in 1913

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Darwin Elementary School
  • Clemente Community Academy Senio High School

Utilities

  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Porch
  • Lot Dimensions are 32.3 x 150

Community Details

Overview

  • 4 Units
  • Logan Square Subdivision, 4 Unit Floorplan

Building Details

  • Insurance Expense $2,610
  • Trash Expense $1,275
  • Water Sewer Expense $1,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,198

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Logan Square
  • Year Built: 1913
  • 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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 875000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 1275
  • Water Sewer Expenses: 1225

Schools

  • Elementary School: Darwin Elementary School
  • High School: Clemente Community Academy Senio
  • Middle/Junior School: Darwin Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 32.3 X 150
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 2610
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10198.24
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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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
08/16/2021 08/16/21 Sold $917,000 +4.8% $196 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $875,000 -- $187 / Sq Ft
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: 11113699

Midwest Real Estate Data (MRED)

APN: 13352150070000