NOT LISTED FOR SALE
8 Beds
5 Baths
2,438 Sq Ft
1961 Built

Last Sold July 15, 2024

Last sale price $400,000 $164 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of July 2024

Discover an enticing opportunity in Ashburn, Chicago - a 3-unit building beckoning potential buyers with promises of a lucrative multi-unit investment. Nestled within its walls are tenants occupying both the garden apartment and first floor, hinting at a steady stream of rental income already flowing from the property. This allure extends particularly to investors seeking to bolster their real estate holdings. For owner-occupiers, the presence of these occupants adds a layer of complexity, necessitating a careful consideration of existing leases and personal occupancy plans. PROPERTY REQUIRES REPAIRS. PLEASE REVIEW BROKER REMARKS.

Last Agent to Sell the Property

DJ Peoples

Keller Williams ONEChicago License #475122929 Listed on: 05/15/2024

Keller Williams ONEChicago

Co-Listed By

Andre Mitchell

Keller Williams ONEChicago License #475157028

Last Buyer's Agent

Natalia Martinez

RE/MAX Mi Casa License #475133449

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1961

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1961

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: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 4499
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5290.97
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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 List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $400,000 +0.3% $164 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $399,000 -- $164 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,448 $31,000 $2,699 $28,301
2024 $5,448 $31,000 $2,699 $28,301
2023 $5,291 $29,000 $3,599 $25,401
2022 $5,291 $29,000 $3,599 $25,401
2021 $5,162 $28,999 $3,599 $25,400
2020 $3,439 $18,442 $3,599 $14,843
2019 $3,544 $20,957 $3,599 $17,358
2018 $3,484 $20,957 $3,599 $17,358
2017 $4,626 $24,724 $3,149 $21,575
2016 $4,481 $24,724 $3,149 $21,575
2015 $4,079 $24,724 $3,149 $21,575
2014 $3,657 $22,129 $2,924 $19,205
2013 $3,575 $22,129 $2,924 $19,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12055720

Midwest Real Estate Data (MRED)

APN: 19352000430000