NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: June 14, 2023

Last sale price $440,000

7 Days on Market

Highlights

  • Forced Air Heating System
  • 4-minute walk to Conservatory-Central Park Drive Station
  • 4-minute walk to Garfield (James) Park

About This Home

As of June 2023

Rare opportunity to own a legitimate 10 cap brick 4 unit building in East Garfield Park. Each unit has 2 bedrooms and 1 bathroom. Separately metered utilities and low taxes make this an investor or live in owner's perfect property. Each unit has forced air and heat, as well as in unit washer/dryer. Three units currently rented and one vacant unit for potential owner occupant. Gross Rental Income of $56,400 (pro forma). Net Operating Income of approximately $46,030. Newer parapet wall and steel support beams. Incredible location just one block from Garfield Park and the Garfield Park Conservatory, walking distance to the Green line Train stop, Urban Farms, Schools, and more!

Last Agent to Sell the Property

Mo Dadkhah

Fulton Grace Realty License #475119960 Listed on: 05/03/2023

Fulton Grace Realty

Co-Listed By

Rory Threatt

Baird & Warner License #475185089

Last Buyer's Agent

Eric Olsauskas

iHome Real Estate License #475180987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1891

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 24x85

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $180
  • Insurance Expense $2,460
  • Water Sewer Expense $1,800
  • Gross Income $56,400
  • Net Operating Income $46,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,430

Year Built

Built in 1891

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1891
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1800
  • Other Expenses $: 2500

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 24X85
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 46030
  • Insurance Expense: 2460
  • ElectricExpense: 180
  • GrossIncome: 56400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3429.58
  • Tax Year: 2021
  • Tax Exemptions: None

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

Closed on
Apr 24, 2025
Sold by
Bought by

Purchase Details

Listed on
May 3, 2023
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
Mo Dadkhah
Fulton Grace Realty
Buyer's Agent
Eric Olsauskas
iHome Real Estate
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
0.0662%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jun 1, 2022
Sold by
Bought by
Seller's Agent
Moises Pacheco
Coldwell Banker Realty
Buyer's Agent
Lucas Augustyn
Pearson Realty Group
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.32%
Original Mortgage
$363,298
Interest Rate
0.0525%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2020
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
$273,946
Interest Rate
0.0275%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$440,000 None Listed On Document
$370,000 Chicago Title
$279,000 First American Title
-- Attorney
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
Closed $434,777
Closed $432,030
Closed $363,298
Closed $273,946
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 Prior Sale
06/14/2023 06/14/23 Sold $440,000 -2.2% --
05/11/2023 05/11/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $450,000 +21.6% --
06/02/2022 06/02/22 Sold $370,000 +1.4% -- View Prior Sale
11/14/2021 11/14/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $364,900 +563.5% --
02/07/2014 02/07/14 Sold $55,000 -6.8% -- View Prior Sale
11/18/2013 11/18/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $59,000 -- --
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 $3,599 $38,000 $3,215 $34,785
2024 $3,599 $38,000 $3,215 $34,785
2023 $3,508 $17,000 $2,605 $14,395
2022 $3,508 $17,000 $2,605 $14,395
2021 $3,430 $16,999 $2,604 $14,395
2020 $3,393 $15,179 $2,604 $12,575
2019 $3,477 $17,249 $2,604 $14,645
2018 $3,418 $17,249 $2,604 $14,645
2017 $4,131 $19,125 $2,327 $16,798
2016 $3,831 $19,125 $2,327 $16,798
2015 $3,505 $19,125 $2,327 $16,798
2014 $3,209 $17,297 $2,217 $15,080
2013 $3,146 $17,297 $2,217 $15,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11773616

Midwest Real Estate Data (MRED)
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