NOT LISTED FOR SALE
25 Beds
25 Baths
3,998 Sq Ft
1958 Built

Sale Details

Date Sold: December 12, 2023

Last sale price $285,500 $71 Per Sq Ft

40 Days on Market

About This Home

As of December 2023

VERY Well maintained Brick true five unit only minutes away from Chicago State University. Newer boiler with temperature control system. The roof is newer and rear porch. Below market rents allow for significant upside potential. A MUST SEE!

Last Agent to Sell the Property

Tameka McClellon

Tameka McClellon License #471022512 Listed on: 09/19/2023

Last Buyer's Agent

Alexis Holland

Century 21 S.G.R., Inc. License #475137303

Century 21 S.G.R., Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1958

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 25 Bathrooms

Additional Features

  • 3-Story Property
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $956
  • Fuel Expense $4,272
  • Insurance Expense $3,160
  • Maintenance Expense $1,250
  • Other Expense $1,500
  • Trash Expense $1,531
  • Water Sewer Expense $2,440
  • Operating Expense $21,220
  • Gross Income $44,400
  • Net Operating Income $23,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1958

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1958
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 25
  • Total Bedrooms: 25
  • Room: 0

Utilities

  • Heat/Ventilation: Baseboard

Fee Information

  • Trash Expense: 1531
  • Water Sewer Expenses: 2440

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6250

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 23480
  • Fuel Expense: 4272
  • Insurance Expense: 3160
  • ElectricExpense: 956
  • GrossIncome: 44400
  • Maintenance Expense: 1250
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 21220
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3226.57
  • Tax Year: 2021

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
Sep 19, 2023
Closed on
Nov 20, 2023
Sold by
Gt3 Equities Llc
Bought by
Seller's Agent
Tameka McClellon
Tameka McClellon
Buyer's Agent
Alexis Holland
Century 21 S.G.R., Inc.
List Price
$295,000
Sold Price
$285,500
Premium/Discount to List
-$9,500
-3.22%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,300
Outstanding Balance
$169,785
Interest Rate
12.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Gt3 Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,860
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1996
Sold by
The Chicago Trust Company
Bought by
The Chicago Trust Company
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$285,500 None Listed On Document
Gt3 Equities Llc $191,000 Old Republic Title
The Chicago Trust Company $135,000 --
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 $171,300
Previous Owner Gt3 Equities Llc $175,860
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
12/12/2023 12/12/23 Sold $285,500 -3.2% $71 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $295,000 0.0% $74 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $295,000 -1.3% $74 / Sq Ft
10/02/2023 10/02/23 Price Changed $299,000 -0.3% $75 / Sq Ft
09/19/2023 09/19/23 For Sale $300,000 -- $75 / 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 $3,384 $28,700 $3,750 $24,950
2024 $3,384 $28,700 $3,750 $24,950
2023 $3,301 $16,000 $8,125 $7,875
2022 $3,301 $16,000 $8,125 $7,875
2021 $3,227 $16,000 $8,125 $7,875
2020 $2,861 $12,811 $5,000 $7,811
2019 $2,933 $14,559 $5,000 $9,559
2018 $2,883 $14,559 $5,000 $9,559
2017 $5,158 $23,909 $4,375 $19,534
2016 $4,800 $23,909 $4,375 $19,534
2015 $4,392 $23,909 $4,375 $19,534
2014 $4,416 $23,740 $3,750 $19,990
2013 $4,328 $23,740 $3,750 $19,990
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11889144

Midwest Real Estate Data (MRED)

APN: 25151290470000

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