NOT LISTED FOR SALE
7 Beds
3 Baths
2,932 Sq Ft
1908 Built

Last Sold June 29, 2018

Last sale price $565,000 $193 Per Sq Ft

14 Days on Market

Highlights

  • Victorian Architecture
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of June 2018

Massive Corner Legal 3 flat with bonus english garden apartment in Logan Square! Great investment opportunity (5+% cap rate when rented at market rates), or live-in ownership with opportunity to duplex up or down and create massive owner's unit. Tons of light through the home, hardwood floors, built-ins - lots of character and with a bit of work, this home could really shine! Current owner's unit (#2) enjoys 3 bedrooms, hardwood floors, kitchen with pantry and in-unit laundry. Top floor unit (#3) is a huge 1 bedroom with central air, and was previously used for a home based business. All units have separate living/dining rooms (see floorplan!). Laundry on-site, big backyard for summer fun and 2 car garage with side entry/side apron. Convenient location near CTA, 606, nitelife/dining, heart of Logan Sq & 1 block to grocery. Net/operating expenses based on Market Rate Rental Projections. Great opportunity - with a little bit of work, will really shine! Come home!

Last Agent to Sell the Property

Scott Curcio

Baird & Warner License #475142147 Listed on: 05/04/2018

Baird & Warner

Last Buyer's Agent

Dan Kawabata

Compass License #475155890

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 25 x 125
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Victorian Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Schools

  • Mozart Elementary School
  • Kelvyn Park High Middle School
  • Kelvyn Park High School

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $52,800
  • Net Operating Income $34,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,702

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • List Price: 575000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 16421

Schools

  • Elementary School: MOZART ELEMENTARY SCHOOL
  • High School: KELVYN PARK HIGH SCHOOL
  • Middle/Junior School: KELVYN PARK HIGH SCHOOL
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 34079
  • GrossIncome: 52800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5702
  • Tax Year: 2016
  • Tax Exemptions: None

Range of Values:

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List Price
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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 Change Sq Ft Price
06/29/2018 06/29/18 Sold $565,000 -1.7% $193 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $575,000 0.0% $196 / Sq Ft
05/04/2018 05/04/18 For Sale $575,000 -- $196 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09938931

Midwest Real Estate Data (MRED)

APN: 13352030140000