$3,550,000

Estimated payment $21,380/month

Total Views 12,395
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 7,800 Sq Ft lot
  • Forced Air Heating and Cooling System
  • 2-minute walk to Donovan Park

About This Home

COMPLETELY RENOVATED SOLID BRICK 11 UNIT APARTMENT BUILDING, INCLUDES 1`COMMERCIAL SPACE, IN THE HEART OF THE BRIDGEPORT NEIGHBORHOOD. INCREDIBLE INVESTMENT OPPORTUNITY. NO WORK NEEDED - BUY AND COLLECT CASH FLOW RIGHT AWAY. TURN KEY INVESTMENT. ALL 11 UNITS HAVE BEEN BEAUTIFULLY RENOVATED AND INCLUDE 2 BEDROOMS, 8 OF THE UNITS HAVE 2 BATHROOMS, WASHER & DRYER IN UNITS. STORAGE UNITS. SEPARATE GAS AND ELECTRIC. SOME PARKING AVAILABLE. WALK TO US CELLULAR FIELD, RED LINE, HALSTED STREET BUS AND CLOSE TO THE ORANGE LINE. PLEASE CHECK BROKER NOTES REGARDING ASSUMABLE MORTAGE.

Listing Agent

Erin Mclaughlin

Jameson Sotheby's International Realty Brokerage Phone: (630) 263-8755 License #475120968 Listed on: 03/21/2025

Jameson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,314

Year Built

  • Built in 1911

Home Design

  • Brick Exterior Construction

Additional Features

  • 3-Story Property
  • 7,800 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • 11 Units

Building Details

  • Operating Expense $51,898
  • Gross Income $285,796
  • Net Operating Income $223,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,314

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1911
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: New Rehab
  • Attribution Contact: (630) 263-8755
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 10
  • Dishwashers: 10
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 10
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 3550000

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.179
  • Lot Size Sq Ft: 7800

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 223898
  • GrossIncome: 285796
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 51898
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 23314
  • Tax Year: 2022

Map

Range of Values:

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Average Value
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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
2024 $23,916 $188,100 $11,700 $176,400
2023 $23,314 $113,353 $15,600 $97,753
2022 $23,314 $113,353 $15,600 $97,753
2021 $22,794 $113,352 $15,600 $97,752
2020 $23,535 $105,647 $15,600 $90,047
2019 $21,226 $105,647 $15,600 $90,047
2018 $20,869 $105,647 $15,600 $90,047
2017 $17,843 $82,889 $11,700 $71,189
2016 $16,602 $82,889 $11,700 $71,189
2015 $15,189 $82,889 $11,700 $71,189
2014 $14,360 $77,396 $9,360 $68,036
2013 $14,076 $77,396 $9,360 $68,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 For Sale $3,550,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $820,000 Cti
Deed -- Exeter Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,632,000 Construction
Closed $1,099,000 Commercial
Previous Owner $320,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12313371

Midwest Real Estate Data (MRED)

APN: 17-32-410-013-0000