NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $585,000

46 Days on Market

About This Home

As of November 2019

PRICED TO SELL! Welcome to the Hot Albany Park Area. This is a newly rehabbed 3 Legal units and the attic is a fully finished suite. All four floors are beautifully remodeled ready for residual income. Each unit features fully renovated kitchens w/ white cabinets, SS appliances, granite counters, renovated baths, LR/DR, freshly redone hardwoods floors, recesses lighting, in unit laundry and freshly painted throughout each unit. New HVAC and 2 car garage. Tenants pay their own utilities. Very close to ALL public transportation, nightlife, fast drive to Kennedy. Great opportunity for anyone looking to own a multi unit turn key cash cow. Come make an offer and don't let this beauty get away.

Last Agent to Sell the Property

Mirela Dulu

Cagan's Realty, Inc. License #471017902 Listed on: 08/06/2019

Last Buyer's Agent

Alberto Canaveral

A&R Realty LLC License #475131103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,236

Year Built

  • Built in 1876 | Remodeled in 2019

Lot Details

  • 3,485

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • 4-Story Property
  • Enclosed Balcony
  • 3,485 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,236

Year Built

Built in 1876 | Remodeled in 2019

Lot Details

3,485 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: 1876
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Rebuilt Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Room Type: Enclosed Balcony
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3750
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6236.45
  • Tax Year: 2017

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Story Unit/s
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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
11/21/2019 11/21/19 Sold $585,000 -2.5% --
09/21/2019 09/21/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $599,900 0.0% --
09/05/2019 09/05/19 Price Changed $599,999 -7.7% --
08/26/2019 08/26/19 Price Changed $649,900 -3.7% --
08/06/2019 08/06/19 For Sale $675,000 +110.9% --
10/01/2018 10/01/18 Sold $320,000 -4.5% -- View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $335,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,301 $43,353 $13,125 $30,228
2024 $6,301 $43,353 $13,125 $30,228
2023 $7,551 $33,072 $10,500 $22,572
2022 $7,551 $40,000 $10,500 $29,500
2021 $3,363 $40,000 $10,500 $29,500
2020 $5,720 $25,109 $5,437 $19,672
2019 $5,818 $28,862 $5,437 $23,425
2018 $5,720 $28,862 $5,437 $23,425
2017 $6,236 $28,875 $4,875 $24,000
2016 $5,803 $28,875 $4,875 $24,000
2015 $5,310 $28,875 $4,875 $24,000
2014 $3,748 $20,127 $4,500 $15,627
2013 $3,674 $20,127 $4,500 $15,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10475734

Midwest Real Estate Data (MRED)
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