NOT LISTED FOR SALE
14 Beds
7 Baths
6,774 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: August 19, 2022

Last sale price $1,035,000 $153 Per Sq Ft

42 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 3-minute walk to Simons (Almira) Park

About This Home

As of August 2022

Amazing opportunity to own an income generating multi-unit in Humboldt Park. Located 3 blocks from Humboldt Park, this legal 7 unit apartment building is fully rented with long term tenants & below market rents. The building along with the units have been kept in very good condition. All 7 units are 2 beds/1 bath, all are East facing units allowing tons of natural light, the 3 front facing units with sun rooms, and back 3 units have enclosed porches. All tenants pay their own utilities. Located 3 blocks from Humboldt Park & The Bloomingdale Trail.

Last Agent to Sell the Property

Richard Arenibar

Baird & Warner License #475163075 Listed on: 04/18/2022

Baird & Warner

Last Buyer's Agent

Robert Fleckenstein

First In Realty, Inc. License #475168443

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,984

Year Built

  • Built in 1919

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 6,774 Sq Ft Home
  • 3-Story Property
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $3,966
  • Maintenance Expense $2,507
  • Other Expense $4,750
  • Trash Expense $8,984
  • Operating Expense $23,589
  • Gross Income $85,128
  • Net Operating Income $61,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,984

Year Built

Built in 1919

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 14
  • Basement Description: Partially Finished
  • Fire Protection: Carbon Monoxide Detector(s)
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Cooling: None
  • Electric: Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas,Separate Per Unit,Individual Furnaces

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 8984
  • Operating Expense Includes: Utilities,Electricity,Gas

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 2832 SF, .065 ACRES
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 6774

Multi Family

  • Net Operating Income: 61539
  • Insurance Expense: 3966
  • GrossIncome: 85128
  • Maintenance Expense: 2507
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 23589
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 8984.3
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/19/2022 08/19/22 Sold $1,035,000 -10.0% $153 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $1,150,000 -- $170 / 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 $14,602 $70,000 $4,248 $65,752
2024 $14,602 $70,000 $4,248 $65,752
2023 $14,192 $69,000 $3,398 $65,602
2022 $14,192 $69,000 $3,398 $65,602
2021 $13,875 $68,999 $3,398 $65,601
2020 $8,984 $40,330 $3,964 $36,366
2019 $9,422 $46,896 $3,964 $42,932
2018 $9,264 $46,896 $3,964 $42,932
2017 $4,827 $22,421 $3,540 $18,881
2016 $4,491 $22,421 $3,540 $18,881
2015 $4,109 $22,421 $3,540 $18,881
2014 $4,063 $23,697 $3,398 $20,299
2013 $4,310 $23,697 $3,398 $20,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11378058

Midwest Real Estate Data (MRED)

APN: 16022000440000

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