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

Sale Details

Date 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

2,614 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Feb 2, 2024
Sold by
Bought by
Seller's Agent
Michael Ramstedt
Art of Real Estate LLC
Buyer's Agent
Anthony Garcia
Realty of America, LLC
List Price
$679,000
Sold Price
$500,000
Premium/Discount to List
-$179,000
-26.36%
Views
129

Purchase Details

Listed on
Jul 6, 2023
Closed on
Nov 20, 2023
Sold by
Bought by
Seller's Agent
Michael Ramstedt
Art of Real Estate LLC
Buyer's Agent
Anthony Garcia
Realty of America, LLC
List Price
$679,000
Sold Price
$500,000
Premium/Discount to List
-$179,000
-26.36%
Views
129

Purchase Details

Closed on
Jun 10, 2017
Sold by
Bought by

Purchase Details

Listed on
May 14, 2015
Closed on
Oct 27, 2015
Sold by
Bought by
Seller's Agent
Robert Wessel
R. C. Wessel & Associates, Ltd
Buyer's Agent
Michael Ramstedt
Art of Real Estate LLC
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
0.06%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$500,000 Chicago Title
-- Attorney
$415,000 First American Title Ins Co
-- None Available
-- --
$350,000 Git
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $311,250
Previous Owner $245,000
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
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

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

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 $10,202 $65,815 $16,350 $49,465
2024 $10,202 $65,815 $16,350 $49,465
2023 $9,945 $48,351 $13,200 $35,151
2022 $9,945 $48,351 $13,200 $35,151
2021 $9,723 $48,351 $13,200 $35,151
2020 $8,686 $38,991 $13,200 $25,791
2019 $9,629 $47,927 $13,200 $34,727
2018 $10,663 $53,983 $13,200 $40,783
2017 $8,630 $40,089 $10,500 $29,589
2016 $8,029 $40,089 $10,500 $29,589
2015 $7,346 $40,089 $10,500 $29,589
2014 $6,869 $37,024 $9,000 $28,024
2013 $6,734 $37,024 $9,000 $28,024
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)
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