NOT LISTED FOR SALE
26 Beds
18 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 21, 2016

Last sale price $2,385,000

12 Days on Market

About This Home

As of December 2016

Amazing Lakeview/Wrigleyville location. 16 units plus 2 non conforming. This unit mix features 17 apartments and basement office which was once used as an apartment. Zoning is B3-1. Unit mix is one 3 bed garden unit, three 1 beds, three studios, ten 2 beds, and 1 office. Month rents totaling $21,050 GAI $252,600. Client has several city violations that have not gone to court. There are no fines as of now. There is a tax lien that is still under the redemption deadline. CHA building certified. Building sold as is.

Last Agent to Sell the Property

Brett Vogel

Coldwell Banker Realty License #475163793 Listed on: 10/17/2016

Coldwell Banker Realty

Last Buyer's Agent

Joseph Siciliano

Compass License #471004499

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1906

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Window Unit Cooling System

Additional Features

  • Finished Basement

Community Details

  • Fuel Expense $7,200
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1906

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2015
  • Net Oper Income: 229306
  • Scavenger Expense: 6000
  • Total Annual Exp: 2078
  • Total Annual Income: 252600
  • Total Monthly Income: 21050
  • Unincorporated: Yes
  • Number of Ranges: 17
  • Number Of Refrigs: 17
  • Number Of Window A C: 17
  • Number Of Stories: 3
  • Estimated Year Built: 1906
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1906

Interior Features

  • Basement: Finished

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Acreage: 0.13
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Radiators, Radiant
  • Water Expense: 12000

Condo/Co-op/Association

  • Units in Building: 17

Fee Information

  • Electricity Expense: 1200

Lot Info

  • Lot Dimensions: 35X150
  • Lot Sq Ft: 5250
  • Parcel Identification Number: 14201020010000

Rental Info

  • Gross Rental Income: 252600
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 7200
  • Insurance Expense: 2000
  • Other Expenses: 7548

Tax Info

  • Taxes: 21216

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
12/21/2016 12/21/16 Sold $2,385,000 -31.9% --
10/29/2016 10/29/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $3,500,000 -- --
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 $31,670 $210,500 $36,750 $173,750
2024 $31,670 $210,500 $36,750 $173,750
2023 $30,874 $150,104 $26,250 $123,854
2022 $30,874 $150,104 $26,250 $123,854
2021 $30,184 $150,103 $26,250 $123,853
2020 $29,204 $131,095 $26,250 $104,845
2019 $26,339 $131,095 $26,250 $104,845
2018 $25,896 $131,095 $26,250 $104,845
2017 $14,992 $69,643 $22,575 $47,068
2016 $23,189 $115,779 $22,575 $93,204
2015 $21,216 $115,779 $22,575 $93,204
2014 $13,511 $72,822 $19,687 $53,135
2013 $13,244 $72,822 $19,687 $53,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09369571

Midwest Real Estate Data (MRED)

APN: 14201020010000