R
Seller's Agent in 2022
Richard Arenibar
Baird Warner
3500 W Pierce Ave Chicago, IL 60651
Humboldt Park Neighborhood
14
Beds
7
Baths
6,774
Sq Ft
2,614
Sq Ft Lot
Highlights
- Corner Lot
- Forced Air Heating System
- 3-minute walk to Simons (Almira) Park
About This Home
As of August 2022Amazing 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
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
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 18, 2022
Closed on
Aug 19, 2022
Sold by
Bought by
Seller's Agent
Richard Arenibar
Baird & Warner
Buyer's Agent
Robert Fleckenstein
First In Realty, Inc.
List Price
$1,150,000
Sold Price
$1,035,000
Premium/Discount to List
-$115,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,500
Interest Rate
0.0551%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2004
Sold by
Bought by
Purchase Details
Closed on
Apr 22, 2002
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
$230,000
Interest Rate
0.0693%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,035,000 | None Listed On Document | ||
| -- | -- | ||
| $350,000 | -- |
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 | $724,500 | ||
| Previous Owner | $230,000 |
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 |
|---|---|---|---|---|
| 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
-
-
Robert Fleckenstein
Buyer's Agent in 2022
Robert Fleckenstein
First In Realty, Inc.
(773) 779-3473
1 in this area
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11378058
APN: 16022000440000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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