NOT LISTED FOR SALE
10 Beds
6 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: January 18, 2019

Last sale price $580,000

11 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 3-minute walk to Hiawatha Park
  • Storage Room
  • Baseboard Heating

About This Home

As of January 2019

FIVE UNIT PLUS IN-LAW UNIT MULTIFAMILY BUILDING IN IRVING WOODS NEIGHBORHOOD ON CHICAGO'S NORTHWEST SIDE. ALL BRICK CONSTRUCTION, HARDWOOD FLOORS IN 4 OF THE APARTMENTS. EXTRA WIDE 51 FOOT LOT OFFERS MORE OPPORTUNITY FOR OFF STREET PARKING ALONG WITH THE PRIVATE FENCED YARD AVAILABLE FOR THE TENANTS. THIS BUILDING CONSISTS OF 5 LARGE 2 BEDROOM, 1 BATH UNITS AND 1 STUDIO APARTMENT. EAT IN KITCHENS WITH TABLE AREA. ALL APARTMENTS ARE RENTED, MANY ARE LONG TERM TENANTS. BUILDING SUPPLIED HEAT, BASEBOARD HOT WATER AND TENANTS PAY COOKING GAS AND ELECTRIC. OWNER OWNED COIN OPERATED WASHER/DRYER. OFF STREET PARKING. GREAT LOCATION WITH TRANSPORTATION RIGHT IN FRONT, JUMP ON THE BUS FOR A CONVENIENT RIDE TO THE BLUE LINE OR BE DROPPED OFF RIGHT IN FRONT OF WRIGLEY FIELD. ST FRANCIS BORGIA CHURCH ACROSS THE STREET AND HIAWATHA PARK A SHORT WALK. BIG UPSIDE ON INCREASING RENTS. 2ND PIN: 12232310260000

Last Agent to Sell the Property

Donald Sebastian

Sebastian Co. Real Estate License #471002556 Listed on: 05/28/2018

Co-Listed By

Kathleen Sebastian

Sebastian Co. Real Estate License #475128817

Last Buyer's Agent

Teresa Zelkowska

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,549

Year Built

  • Built in 1955

Lot Details

  • 6,375 Sq Ft Lot
  • Lot Dimensions are 51 x 125
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $531
  • Fuel Expense $6,261
  • Insurance Expense $2,934
  • Trash Expense $2,502
  • Water Sewer Expense $3,036
  • Operating Expense $16,123
  • Gross Income $54,600
  • Net Operating Income $38,477

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,549

Year Built

Built in 1955

Lot Details

6,375 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1955
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Misc Inside: Inside Corridor/s,Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces,Common Parking

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2502
  • Water Sewer Expenses: 3036

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 51 X 125
  • Lot Size Sq Ft: 6375
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 38477
  • Fuel Expense: 6261
  • Insurance Expense: 2934
  • ElectricExpense: 531
  • GrossIncome: 54600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 16123
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9549.22
  • Tax Year: 2017
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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 List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $580,000 -7.9% --
06/08/2018 06/08/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $629,500 -- --
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 $7,558 $45,247 $8,280 $36,967
2024 $7,558 $45,247 $8,280 $36,967
2023 $7,368 $35,800 $6,624 $29,176
2022 $7,368 $35,800 $6,624 $29,176
2021 $7,204 $35,803 $6,627 $29,176
2020 $6,551 $29,392 $4,140 $25,252
2019 $7,436 $36,992 $4,140 $32,852
2018 $7,311 $36,992 $4,140 $32,852
2017 $7,204 $33,447 $3,643 $29,804
2016 $6,703 $33,447 $3,643 $29,804
2015 $6,133 $33,447 $3,643 $29,804
2014 $6,389 $34,412 $3,312 $31,100
2013 $6,263 $34,412 $3,312 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09968329

Midwest Real Estate Data (MRED)
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