NOT LISTED FOR SALE
6 Beds
7 Baths
3,506 Sq Ft
1885 Built

Last Sold December 13, 2024

Last sale price $615,000 $175 Per Sq Ft

139 Days on Market

Highlights

  • Greystone Architecture
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Senior Tax Exemptions

About This Home

As of December 2024

For discerning buyers who appreciate historical significance and investment potential, this listing represents a unique opportunity. Prepare to be captivated by the charm and possibilities of this historic Greystone. Original high ceilings, four fireplaces, grand parlor, original doors, and moldings showcase the property's 19th-century heritage. Owner's Unit is 2-bedroom, 2.5-bath duplex, featuring a living room, dining room, parlor, and kitchen. This unit is a blend of historic charm and modern comfort. Apartment 2 is a 1 Bed/1 Bath. Apartment 3 boasts spacious living with 3 bedrooms and 2 baths. Property has a 2 Car garage. Nestled in the heart of Chicago's esteemed Bronzeville neighborhood, this historic Greystone, built in 1887, is a rare gem on the prestigious block of S. Martin Luther King Drive. A testament to architectural grandeur, this property is just steps away from celebrated landmarks including the Victory Monument, the Liberty Life/Supreme Life Insurance Building, The Lu Palmer House, and the Ida B. Wells Barnett House.

Last Agent to Sell the Property

Kimberly Offord

Coldwell Banker Realty License #471018379 Listed on: 03/02/2024

Coldwell Banker Realty

Last Buyer's Agent

William Bates Jr

EXIT Strategy Realty License #475104665

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1885

Lot Details

  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Greystone Architecture
  • Stone Siding

Interior Spaces

  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 6
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

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, Forced Air, Radiant, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4470 SQ FT
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4717
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/13/2024 12/13/24 Sold $615,000 +2.7% $175 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $599,000 0.0% $171 / Sq Ft
08/08/2024 08/08/24 For Sale $599,000 -14.3% $171 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $699,000 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2025 $6,781 $48,001 $19,445 $28,556
2024 $6,781 $48,001 $19,445 $28,556
2023 $4,717 $38,000 $15,645 $22,355
2022 $4,717 $38,000 $15,645 $22,355
2021 $4,490 $38,000 $15,645 $22,355
2020 $4,360 $29,792 $13,410 $16,382
2019 $4,027 $33,855 $13,410 $20,445
2018 $3,671 $33,855 $13,410 $20,445
2017 $3,635 $38,121 $11,175 $26,946
2016 $3,518 $38,121 $11,175 $26,946
2015 $3,137 $38,121 $11,175 $26,946
2014 $2,885 $31,133 $8,940 $22,193
2013 $5,394 $34,164 $8,940 $25,224
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994720

Midwest Real Estate Data (MRED)

APN: 17343120660000