NOT LISTED FOR SALE
8 Beds
3 Baths
3,354 Sq Ft
1922 Built

Last Sold June 15, 2021

Last sale price $916,500 $273 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot
  • Bell Elementary School Rated A-

About This Home

As of June 2021

Built as a true 3-flat in Bell school boundaries, this brick multi-unit is on one of the best blocks in North Center. Options abound as an income property, owner-occupied duplex with a rental unit, or single-family conversion. The top floor, 3bd/ 1bath, is charming with original woodwork and built-ins and an updated kitchen with new maple cabinets and granite countertops (vacant 5.1.21). It's ready to rent at $2200/mo. 1st floor, 3bd/ 1bath, is a quick value-add situation with an easy kitchen rehab, but can rent as is for $2000/mo. Only 3 feet below grade, the garden unit, 2b/1ba, has full height ceilings and big windows to let in tons of sunlight. It's in great shape and ready to rent at $1290/mo. The same owner has lovingly cared for all units since 1977. All units have newer windows, separate HVAC and central air, high ceilings, huge closets, large pantries with plenty of storage space, original built-ins, and a well-maintained shared yard. New 2 car garage could bring in $300/mo if rented separately. Gross rental income for an investor is $5790/mo or $69,480/yr.

Last Agent to Sell the Property

Alley Ballard

@properties Christie's International Real Estate License #475125048 Listed on: 04/19/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Richard McEwen

@properties Christie's International Real Estate License #475178296

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,799

Year Built

  • Built in 1922 | Remodeled in 2012

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Bell Elementary School
  • Lake View High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,900
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • Gross Income $5,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,799

Year Built

Built in 1922 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 874999
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 1000
  • Trash Expense Year: 2020

Schools

  • Elementary School: Bell Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1900
  • GrossIncome: 5790
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13798.88
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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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
06/15/2021 06/15/21 Sold $916,500 +4.7% $273 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $874,999 -- $261 / 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: 11058279

Midwest Real Estate Data (MRED)

APN: 14191260270000