NOT LISTED FOR SALE
13 Beds
6 Baths
4,747 Sq Ft
-- Built

Sale Details

Date Sold: June 2, 2022

Last sale price $1,390,000 $293 Per Sq Ft

39 Days on Market

About This Home

As of June 2022

LEGAL 4-UNIT PROPERTY on one of the best blocks in all of Chicago. Nestled in between Wrigleyville and NorthHalsted, 3511 N Reta is just steps away from Wrigley Field, Lake Michigan, Whole Foods, and the unbelievable bar/restaurant scenes of Clark and Halsted streets. This 4-unit property consists of a classic Chicago brick three-flat, with a one-unit coach house in the back. The location is incredible - the 3500 Reta is one of the best blocks in the entire city, and the property sits just two blocks from Wrigley Field and the Addison Red Line stop, three blocks from Lake Michigan and LSD trail, and steps from the vibrant bar scenes of both Wrigleyville and NorthHalsted. The front building is comprised of one 3Bd/2Ba duplex down on the first floor, and two simplex 3Bd/1Ba units above. The frame coach house is 4Bd/2Ba and spans three stories. Each apartment has hardwood floors, white or stainless steel appliances, white or wood cabinetry, and granite or laminate countertops. Building systems include separate hot water tanks for each unit, mostly galvanized plumbing, and 200 Amp electric service. The coach house and the top two floors of the front building have gas-forced heat and central a/c, and the first floor duplex down has radiant heat and window a/c. Coin-operated laundry in the basement. Three of the four units are currently furnished corporate rentals. Average monthly income for 2021 was $12,765. New owner can live in one unit and continue to operate shorter-term rentals or convert to annual leases.

Last Agent to Sell the Property

Alan Cosby

Westward360 RM License #475153758 Listed on: 03/09/2022

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,739

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Lot Details

  • Lot Dimensions are 25x125

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,739

Listing Details

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

Interior Features

  • Basement: Partial
  • Total Bathrooms: 6
  • Total Bedrooms: 13
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 21738.69
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Coach House

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
Mar 9, 2022
Closed on
May 26, 2022
Sold by
Bought by
Seller's Agent
Alan Cosby
Westward360 RM
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Interest Rate
0.0599%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2022
Sold by
Bought by

Purchase Details

Closed on
May 26, 2011
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
$1,390,000 American Land Title
-- --
-- None Available
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 $1,042,500
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
06/02/2022 06/02/22 Sold $1,390,000 -2.5% $293 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $1,425,000 -5.0% $300 / Sq Ft
03/09/2022 03/09/22 For Sale $1,500,000 -- $316 / 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 $25,487 $127,216 $58,125 $69,091
2024 $25,487 $127,216 $58,125 $69,091
2023 $24,846 $120,800 $46,875 $73,925
2022 $24,846 $120,800 $46,875 $73,925
2021 $24,292 $120,799 $46,875 $73,924
2020 $21,739 $97,584 $20,000 $77,584
2019 $21,672 $107,869 $20,000 $87,869
2018 $21,308 $107,869 $20,000 $87,869
2017 $19,295 $89,631 $17,500 $72,131
2016 $17,952 $89,631 $17,500 $72,131
2015 $16,424 $89,631 $17,500 $72,131
2014 $14,734 $79,413 $14,375 $65,038
2013 $17,074 $93,878 $14,375 $79,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342975

Midwest Real Estate Data (MRED)

APN: 14204070190000

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