Seller's Agent in 2019
Brad Thompson
Millennium Properties RE, Inc.
(224) 392-4001
54 Total Sales
3548 W 15th St Chicago, IL 60623
North Lawndale Neighborhood
40
Beds
17
Baths
--
Sq Ft
5,663
Sq Ft Lot
About This Home
As of December 2019At the corner of Central Park and 15th, a 16,000 square foot multi-family building is available for sale. The building is divided into 17 units - six 3-bed and 11 2-bed apartments - plus three non-conforming units. The building is fully leased, with many long-term tenants with below market rents. The units feature recently updated kitchens and baths, as well as many with hardwood floors throughout. With solid in-place income, this property is a great opportunity to add value through leasing.
Last Agent to Sell the Property
Millennium Properties RE, Inc. License #471013662 Listed on: 06/03/2019
Last Buyer's Agent
Millennium Properties RE, Inc. License #471013662 Listed on: 06/03/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,877
Year Built
- Built in 1909
Lot Details
- 6,000
Bedrooms and Bathrooms
- 40 Bedrooms
- 17 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
Additional Features
- 3-Story Property
- 6,000 Sq Ft Lot
- Finished Basement
Community Details
- 17 Units
- Net Operating Income $142,997
Listing and Financial Details
- Tenant pays for electricity, heat
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2020 03/18/20 | Off Market | $1,285,000 | -- | -- |
| 12/19/2019 12/19/19 | Sold | $1,285,000 | -4.7% | -- |
| 10/08/2019 10/08/19 | Pending | -- | -- | -- |
| 09/25/2019 09/25/19 | Price Changed | $1,349,000 | -3.3% | -- |
| 08/22/2019 08/22/19 | Price Changed | $1,395,000 | -6.9% | -- |
| 08/06/2019 08/06/19 | Price Changed | $1,499,000 | -7.2% | -- |
| 06/03/2019 06/03/19 | For Sale | $1,615,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $25,054 | $104,200 | $8,700 | $95,500 |
| 2024 | $25,054 | $104,200 | $8,700 | $95,500 |
| 2023 | $24,424 | $118,341 | $3,900 | $114,441 |
| 2022 | $24,424 | $118,341 | $3,900 | $114,441 |
| 2021 | $23,876 | $118,341 | $3,900 | $114,441 |
| 2020 | $14,523 | $64,979 | $3,900 | $61,079 |
| 2019 | $13,099 | $64,979 | $3,900 | $61,079 |
| 2018 | $12,877 | $64,979 | $3,900 | $61,079 |
| 2017 | $13,213 | $61,166 | $3,300 | $57,866 |
| 2016 | $12,251 | $61,166 | $3,300 | $57,866 |
| 2015 | $11,208 | $61,166 | $3,300 | $57,866 |
| 2014 | $3,539 | $19,076 | $3,300 | $15,776 |
| 2013 | $11,359 | $62,454 | $3,300 | $59,154 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Thompson
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10401410
APN: 16232140140000
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Based on information submitted to the MLS GRID
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