$865,000
SOLD JUN 2, 2025
9 Beds
6 Baths
-- Sq Ft
1914 Built

Recently Sold

7% Below List Price

175 Days on Market

About This Home

As of June 2025

Multi-Unit Investment Opportunity in Irving Park, Chicago! This unique 4-unit property in the vibrant Irving Park neighborhood offers an exceptional investment opportunity. The front masonry building features two spacious 2-bedroom, 1-bathroom apartments. Each unit boasts well-maintained interiors, separate utilities, and individual forced air heating and AC systems that tenants are responsible for. The beautifully finished basement ready for your ideas. At the rear of the property, a frame building provides additional rental income. The second-floor unit includes 2 bedrooms and 1 bathroom, while the first floor and basement are combined into a duplex apartment offering 3 bedrooms and 2 bathrooms. Located on a quiet residential street, in a highly desirable area with easy access to public transportation, parks, and local amenities, this well-maintained property is ideal for investors or owner-occupants seeking rental income. Don't miss your chance to own in this growing community!

Last Agent to Sell the Property

Arkadiusz Szejgiec

Coldwell Banker Real Estate Group License #475198785 Listed on: 10/29/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Brian Khurelbaatar

Compass License #475183484

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,646

Year Built

  • Built in 1914 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 25' x 125'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Den
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,646

Year Built

Built in 1914 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Finished, Egress Window, Full, Walk-Out Access
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Room Type: Den
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Range Hood,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Waterfront: No

Utilities

  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 25' X 125'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 61200
  • GrossIncome: 24000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11645.97
  • Tax Year: 2023
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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
06/02/2025 06/02/25 Sold $865,000 -2.8% --
04/22/2025 04/22/25 Pending -- -- --
11/21/2024 11/21/24 Price Changed $890,000 -4.3% --
10/29/2024 10/29/24 For Sale $930,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,646 $89,000 $14,246 $74,754
2024 $11,646 $89,000 $14,246 $74,754
2023 $11,353 $55,002 $11,463 $43,539
2022 $11,353 $55,002 $11,463 $43,539
2021 $11,096 $55,000 $11,462 $43,538
2020 $7,691 $37,509 $5,240 $32,269
2019 $8,000 $43,115 $5,240 $37,875
2018 $7,863 $43,115 $5,240 $37,875
2017 $7,224 $36,823 $4,585 $32,238
2016 $7,094 $37,795 $4,585 $33,210
2015 $6,468 $37,795 $4,585 $33,210
2014 $5,751 $33,454 $3,930 $29,524
2013 $5,627 $33,454 $3,930 $29,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12199043

Midwest Real Estate Data (MRED)