$695,000
PENDING $30K PRICE DROP

Estimated payment $4,468/month

Total Views 5,050
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. This building with large 4 bedroom units can generating strong rental income, with significant potential to increase rents further over time. This is a great chance to acquire a large building on a large lot with built-in upside in a competitive rental market.

Listing Agent

William Fisher

Compass License #475171783 Listed on: 03/17/2026

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

4,356 Sq Ft Lot

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: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,387 $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

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
06/08/2026 06/08/26 Pending -- -- --
05/28/2026 05/28/26 Price Changed $695,000 -4.1% --
03/17/2026 03/17/26 For Sale $725,000 +1511.1% --
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: 12594320

Midwest Real Estate Data (MRED)
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