NOT LISTED FOR SALE
11 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $500,000

125 Days on Market

Highlights

  • Fenced Yard
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2023

UPDATE: Just price dropped $50K and owner will consider all reasonable offers --- Also, top floor tenant just moved out after over 10 years and unit is being fully renovated and will be listed for $1800/mo. Or we can leave open for an owner-occupant --- Big beautiful 1890 brick Victorian 3-flat in south Bridgeport. 4/4/3 bedroom count. Recent remodel and update 2015. All units have GFA, Central Air, Newer kitchens and baths, spacious bedrooms, large living room and dining room. Laundry in each unit. Possibility of Duplex to basement. Or even conversion to a legal 4-unit. Fenced yard. Newer 2-Car Garage. Newer Roof. Newer water heaters. Easy access to 35th St, 39th St. Halsted, I-90/94 and central Bridgeport shopping and restaurant district. Quiet Cul-de-sac street has no through-traffic. 1st and 2nd floor tenants are longer term, below market rents. Full market rents, with garage, closer to $5300/mo. Easy to rent 100% occupancy building. This is a great pick up whether its owner-occupied or "armchair" investment.

Last Agent to Sell the Property

Michael Ramstedt

Art of Real Estate LLC License #471016470 Listed on: 07/06/2023

Last Buyer's Agent

Anthony Garcia

Realty of America, LLC License #475173885

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24 x 125
  • Cul-De-Sac
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,921
  • Water Sewer Expense $1,523
  • Gross Income $51,000
  • Net Operating Income $39,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,721

Year Built

Built in 1890

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: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 11
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Cul-De-Sac, Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1523
  • Other Expenses $: 12437

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 24 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 39034
  • Insurance Expense: 1921
  • GrossIncome: 51000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9721
  • Tax Year: 2021

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $500,000 -8.9% --
11/09/2023 11/09/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $549,000 -8.3% --
08/12/2023 08/12/23 Price Changed $599,000 -7.7% --
07/18/2023 07/18/23 Price Changed $649,000 -4.4% --
07/06/2023 07/06/23 For Sale $679,000 +63.6% --
10/29/2015 10/29/15 Sold $415,000 -5.5% -- View Prior Sale
08/26/2015 08/26/15 Pending -- -- --
07/21/2015 07/21/15 Price Changed $439,000 0.0% --
07/21/2015 07/21/15 For Sale $439,000 -4.4% --
05/28/2015 05/28/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $459,000 -- --
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: 11824753

Midwest Real Estate Data (MRED)