NOT LISTED FOR SALE
10 Beds
6 Baths
4,288 Sq Ft
1926 Built

Sale Details

Date Sold: May 25, 2022

Last sale price $1,295,000 $302 Per Sq Ft

4 Days on Market

About This Home

As of May 2022

Amazing opportunity for this completely gut rehabbed (2019) 4 unit all brick building at 3401 Hamlin. These are condo quality units. The front units are 3 bed 2 baths and back units are 2 bed 1 baths. All have in unit laundry. This is priced perfectly at a 6% cap currently, with room still for growth from previous management company that handled rents. Such a low maintenance investment property with low taxes!! Everything is brand new in these apartments that feature a spacious layout with hardwood floors throughout, stainless steel appliances, granite countertops, and a fully updated bathroom with high end touches. Features: C/A and Forced Heat Hardwood Floors Modern Kitchen with Stainless Steel Appliances, Dishwasher and Microwave Exposed brick Queen sized bedrooms Brand new bathrooms Great Location .3 miles to the Blue Line and the Milwaukee/Belmont bus. Rent Roll: 3401-1 $2050.00 3401-2 $2330.00 3752-1 $1550.00 3752-2 $1775.00 Taxes: $9,464.70

Last Agent to Sell the Property

Tim Sheahan

Compass License #475145058 Listed on: 04/05/2022

Compass

Co-Listed By

Thomas Jakacki

Compass License #475191492

Last Buyer's Agent

Greg Whelan

Redfin Corporation License #475147701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,465

Year Built

  • Built in 1926 | Remodeled in 2019

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 6 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 31x125
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,465

Year Built

Built in 1926 | Remodeled in 2019

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Lot Dimensions: 31X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 9464.7
  • Tax Year: 2020

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 20, 2022
Sold by
Bought by
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Greg Whelan
Redfin Corporation
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
0.0525%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
0.0612%
Mortgage Type
Unknown
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,295,000 Fidelity National Title
$1,150,000 Chicago Title
$420,000 Greater Illinois Title
$550,000 Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,035,000
Closed $565,000
Closed $385,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $1,295,000 0.0% $302 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $1,295,000 -- $302 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,339 $89,752 $16,856 $72,896
2024 $13,339 $89,752 $16,856 $72,896
2023 $13,001 $62,961 $13,563 $49,398
2022 $13,001 $62,961 $13,563 $49,398
2021 $12,710 $62,960 $13,562 $49,398
2020 $9,465 $42,309 $6,200 $36,109
2019 $9,812 $48,631 $6,200 $42,431
2018 $9,612 $48,631 $6,200 $42,431
2017 $9,661 $44,856 $5,425 $39,431
2016 $8,989 $44,856 $5,425 $39,431
2015 $8,224 $44,856 $5,425 $39,431
2014 $8,573 $46,174 $4,650 $41,524
2013 $8,404 $46,174 $4,650 $41,524
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11366287

Midwest Real Estate Data (MRED)

APN: 13233130170000

Your Personal Tour Guide

Ask me questions while you tour the home.