NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
1925 Built

Last Sold July 10, 2023

Last sale price $1,095,000

2 Days on Market

Highlights

  • Steam Shower
  • 2 Car Detached Garage
  • Forced Air Heating System
  • John James Audubon Elementary School Rated 10
  • Intercom
  • Heating System Uses Steam

About This Home

As of July 2023

GREAT INVESTMENT OPPORTUNITY TO OWN A FULLY-OCCUPIED, STATELY LEGAL 4-UNIT BRICK BUILDING ON A CORNER LOT WITH 2-CAR GARAGE. SITUATED IN THE HEART OF VIBRANT ROSCOE VILLAGE AND IN THE SOUGHT AFTER AUDUBON SCHOOL DISTRICT. ALL 4 UNITS FEATURE UPDATED KITCHENS & BATHROOMS. THE 3BED/2BATH DUPLEX WAS CREATED 10 YRS AGO AND FEATURES IN-UNIT WASHER/DRYER, CENTRAL AIR & GAS FURNACE - TENANT PAYS ALL UTILITIES. THE OTHER 3 UNITS SHARE COMMON AREA COIN LAUNDRY & PAY COOKING GAS & ELECTRIC. ADDITIONAL STORAGE FOR EACH UNIT IN REAR BASEMENT. NEW ROOF IN 2016, NEW WATER HEATER (2020). WELL-MAINTAINED, PROFESSIONALLY MANAGED PROPERTY. ROOM TO IMPROVE RENTS WITH MINOR UPDATES.

Last Agent to Sell the Property

Deborah Ryder

American International Realty License #475138187 Listed on: 06/07/2023

American International Realty

Last Buyer's Agent

Kate Waddell

Compass License #475138533

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,813

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms
  • Steam Shower
  • Separate Shower

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Schools

  • Audubon Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 25x123.9

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $3,122
  • Insurance Expense $2,500
  • Water Sewer Expense $2,000
  • Gross Income $96,520
  • Net Operating Income $74,085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,813

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: Intercom, CO Detectors
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Steam Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 1095000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Forced Air, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2000

Schools

  • Elementary School: Audubon Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X123.9
  • Zoning: OTHER
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 74085
  • Fuel Expense: 3122
  • Insurance Expense: 2500
  • GrossIncome: 96520
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 14813.16
  • Tax Year: 2021
  • 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
07/10/2023 07/10/23 Sold $1,095,000 0.0% --
06/10/2023 06/10/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,095,000 -- --
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: 11801970

Midwest Real Estate Data (MRED)