NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1967 Built

Sale Details

Date Sold: July 5, 2018

Last sale price $590,000

20 Days on Market

Highlights

  • Landscaped Professionally
  • Lower Floor Utility Room
  • 2.5 Car Detached Garage
  • Traditional Architecture
  • Fenced Yard
  • Patio

About This Home

As of July 2018

Fantastic investment property in a great neighborhood. Completely remodeled and updated 3 units all brick building with a beautiful backyard and 2.5 car garage. The building annual net income is $45,000 with a great cap rate of 7.5%. Updated kitchens with newer appliances, kitchen cabinets and granite countertops. All Bathrooms have been updated with newer vanities and ceramic tile. Absolutely nothing to do. The building includes 3 units. Two of the three units are 3 bedrooms one bath, and the garden unit is 2 bedrooms one bath. The utility room and laundry room are located on the ground level. Located in the Old Irving Park area, near train station and expressways. This is a great building for investors or owner occupied with potential rental income.

Last Agent to Sell the Property

Basel Tarabein

RE/MAX At Home License #471008459 Listed on: 04/28/2018

RE/MAX At Home

Last Buyer's Agent

Thomas Sasco

Sasco Realty Group License #471017827

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1967 | Remodeled in 2016

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Utilities

  • Two Heating Systems
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • 3 Flat

Building Details

  • Gross Income $54,000
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,857

Year Built

Built in 1967 | Remodeled in 2016

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: Sump Pump
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Steam, Baseboard, Radiant, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved, Other

Fee Information

  • Other Expenses $: 12000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 45000
  • GrossIncome: 54000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6857
  • Tax Year: 2016
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2018 07/05/18 Sold $590,000 -1.5% --
05/18/2018 05/18/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $599,000 +52.1% --
11/08/2013 11/08/13 Sold $393,750 +7.9% -- View Prior Sale
07/29/2013 07/29/13 Price Changed $365,000 -13.7% --
04/02/2013 04/02/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $423,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09932000

Midwest Real Estate Data (MRED)
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