$800,000

Estimated payment $4,885/month

Total Views 10,519
14 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Beautifully rehabbed in 2018, this all-brick building features three spacious 4 bed / 2 bath units and one well-appointed 2 bed / 1 bath unit. Each residence includes individual in-unit laundry, updated kitchens and baths, and generous living spaces ideal for tenants Major improvements-including the roof and windows-were completed in 2018, ensuring long-term durability and minimal maintenance. The property is fully occupied and generating strong rental income, with significant potential to increase rents further over time. This is a great chance to acquire a stabilized asset with built-in upside in a competitive rental market.

Listing Agent

William Fisher

Compass License #475171783 Listed on: 01/05/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,666

Year Built

  • Built in 1921

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Potential Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,356 Sq Ft Lot

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,000
  • Water Sewer Expense $7,249
  • Gross Income $83,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,666

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 7
  • Total Bedrooms: 14
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Yes, Owned
  • ParkingTotal: 4

Utilities

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

Fee Information

  • Water Sewer Expenses: 7249

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 4700
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 2000
  • GrossIncome: 83400
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,4 Story Unit/s

Tax Info

  • Tax Annual Amount: 8665.74
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,387 $42,974 $6,815 $36,159
2024 $3,387 $42,974 $6,815 $36,159
2023 $3,302 $16,001 $5,523 $10,478
2022 $3,302 $16,001 $5,523 $10,478
2021 $3,228 $15,999 $5,522 $10,477
2020 $4,393 $19,655 $5,522 $14,133
2019 $4,554 $22,592 $5,522 $17,070
2018 $4,477 $22,592 $5,522 $17,070
2017 $4,224 $19,556 $4,935 $14,621
2016 $8,676 $43,317 $4,935 $38,382
2015 $7,938 $43,317 $4,935 $38,382
2014 $6,024 $32,466 $4,700 $27,766
2013 $5,905 $32,466 $4,700 $27,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2026 01/05/26 For Sale $800,000 +1677.8% --
10/26/2016 10/26/16 Sold $45,000 0.0% -- View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $45,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12541145

Midwest Real Estate Data (MRED)