NOT LISTED FOR SALE
9 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $465,000

15 Days on Market

Highlights

  • Gated Community
  • Forced Air Heating System
  • Multiple Water Heaters
  • Patio
  • Ceiling Fan
  • 4-minute walk to Central Park

About This Home

As of May 2024

Solid investment opportunity in hot Humboldt Park/East Garfield Park. This all brick LEGAL 4-unit building has gone through numerous updates since purchase in 2018. All units updated with new hardwood floors, new kitchens & baths and repainted. Additionally, the building has a new roof, new rod iron fence, new rear porches, some new windows and recent tuckpointing. Perfect for an owner occupant with 1 vacant unit & 3 fully occupied units with great tenants and rents. The building features three 2 bed units & one 3 bed unit. All units have forced heat only & separate utilities. Parapet wall & chimney rebuilt, roof resealed (2022) with 5 year warranty included. Newer furnaces, water heaters and copper plumbing all in 2016. A full unfinished basement with high ceilings and 2 exits has been updated with newer cedar support beams and is perfect for a future duplex or garden unit conversion. Laundry hook-up in basement. No Garage but the fenced yard has a parking pad with 3 spaces offering the potential for more income. Nothing to do here - a true TURN-KEY investment! Great rents & positive cash flow. Easy street parking. A quick ride to Humboldt Park, Wicker Park, Logan Square, Garfield Park Conservatory, Green Line Trains and 90/94 & 290 Expressway. Don't miss out - schedule a viewing today! Agent owned (not listing agent).

Last Agent to Sell the Property

Nancy Huetteman

Redfin Corporation License #475171197 Listed on: 03/07/2024

Redfin Corporation

Last Buyer's Agent

Becky Sexson

Baird & Warner License #475172557

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,021

Year Built

  • Built in 1915 | Remodeled in 2019

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 31x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Ceiling Fan
  • Patio

Community Details

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,021

Year Built

Built in 1915 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 31X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8021.38
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat
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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 Prior Sale
05/15/2024 05/15/24 Sold $465,000 -2.1% --
03/23/2024 03/23/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $475,000 +85.5% --
05/23/2018 05/23/18 Sold $256,000 -3.4% -- View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $265,000 -- --
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 $6,084 $33,000 $5,391 $27,609
2024 $6,084 $33,000 $5,391 $27,609
2023 $8,021 $28,748 $4,369 $24,379
2022 $8,021 $39,000 $4,369 $34,631
2021 $7,842 $38,999 $4,368 $34,631
2020 $3,397 $15,248 $4,368 $10,880
2019 $3,521 $17,527 $4,368 $13,159
2018 $2,784 $17,527 $4,368 $13,159
2017 $3,775 $20,912 $3,903 $17,009
2016 $3,688 $20,912 $3,903 $17,009
2015 $3,351 $20,912 $3,903 $17,009
2014 $3,610 $22,023 $3,718 $18,305
2013 $3,527 $22,023 $3,718 $18,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11996599

Midwest Real Estate Data (MRED)