$979,000
PENDING

Estimated payment $6,415/month

Total Views 1,048
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Exciting investment opportunity! 6 large units, 5 two bedroom and 1 one bedroom. Units are leased month to month with several tenants wishing to sign 12 month leases. Currently apartments are rented under market. Many recent improvements make this a turn key investment including all NEW windows throughout. All new concrete walk ways and large parking pad provided 4 tandem parking spaces in addition to the existing and newly tuck pointed two car garage. 4 of the 6 units have been updated with new floors, new baths and fresh paint. 2 of the 6 units have new kitchens as well. Do not miss this exciting opportunity!

Last Listed By

Cara Buffa

Berkshire Hathaway HomeServices Chicago License #475155015 Listed on: 05/23/2025

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,215

Year Built

  • Built in 1961

Lot Details

  • 5,570 Sq Ft Lot
  • Lot Dimensions are 44.92'x124.93'

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $371
  • Fuel Expense $4,027
  • Insurance Expense $2,162
  • Maintenance Expense $500
  • Trash Expense $1,345
  • Water Sewer Expense $2,941
  • Operating Expense $19,523
  • Gross Income $85,200
  • Net Operating Income $78,976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,215

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 979000
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1345
  • Water Sewer Expenses: 2941
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 44.92'X124.93'
  • Lot Size Sq Ft: 5570
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 78976
  • Fuel Expense: 4027
  • Insurance Expense: 2162
  • ElectricExpense: 371
  • GrossIncome: 85200
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19523
  • Expense Year: 2021
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11215
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold 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
05/25/2025 05/25/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $979,000 +37.5% --
04/01/2022 04/01/22 Sold $712,000 -1.0% $171 / Sq Ft
02/23/2022 02/23/22 For Sale -- -- --
02/21/2022 02/21/22 Pending -- -- --
02/05/2022 02/05/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $719,000 -- $173 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373481

Midwest Real Estate Data (MRED)

APN: 13191180350000