NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $670,000

19 Days on Market

About This Home

As of January 2020

*East Garfield Park* Beautiful 1903 center entrance 6-flat on over-sized lot. (50x181) Extensively rehabbed in 2015 All 2 bdrm - 1 bath units with 'great room' floor plan. (Kitchen is combined with eating area.) New kitchens and baths. Copper plumbing. New electric service. New windows. New back porches. New coping tiles. (Roof inspected and repaired as needed.) Separate gfa/cac and HW = tenants responsible for their own heat, a/c, and hot water. All market tenants - no Section 8. Turn-key operation.

Last Agent to Sell the Property

Mary Nack

Compass License #471005830 Listed on: 10/28/2019

Compass

Last Buyer's Agent

Igor Fedulov

City Experts, Inc License #471011476

Property Details

Home Type

  • Multi-Family

Year Built

  • 1903

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $600
  • Insurance Expense $3,500

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1903

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Corporation
  • Potential Use: Condominium, Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2018
  • Net Oper Income: 52500
  • Outdoor Parking: 6-12 Spaces, Common Parking, Open, Paved
  • Repairs Decor Expense: 1258
  • Roof Coverings: Membrane, Reflective Coating, Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 1206
  • Total Annual Exp: 22500
  • Total Annual Income: 75000
  • Total Monthly Income: 6250
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1903
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1903

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Brick, Stone
  • Exterior Building Type: Brick
  • Acreage: 0.21
  • Construction: Brick, Stone
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Central Individual
  • Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
  • Heatventilation: Forced Air, Gas, Separate Per Unit
  • Water Expense: 3083

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 815
  • Electrical Service: Circuit Breakers, 201-600 Amps
  • Janitor Expense: 6000

Lot Info

  • Lot Dimensions: 50X181
  • Lot Sq Ft: 9050
  • Land Amenities: Curbs and Gutters, Security Entrance, Sidewalks
  • Parcel Identification Number: 16142060440000

Rental Info

  • Gross Rental Income: 75000
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 600
  • Gross Rent Multiplier: 9
  • Insurance Expense: 3500

Tax Info

  • Taxes: 5957.48

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 List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $670,000 -0.7% --
11/16/2019 11/16/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $675,000 -- --
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: MRD10559433

Midwest Real Estate Data (MRED)

APN: 16142060440000