NOT LISTED FOR SALE
11 Beds
4 Baths
-- Sq Ft
-- Built

Last Sold December 14, 2021

Last sale price $590,000

22 Days on Market

About This Home

As of December 2021

Legal 4 unit located a few blocks from South Boulevard Beach. It's also walking distance to the South Boulevard EL stop and retail. Long term tenants are all MTM and rents have not been increased in years. There are three units with 3 bedrooms and 1 bathroom and one unit with 2 bedrooms and 1 bathroom. All units were updated in 2009 but now its time for a new owner to take it to the next level. Owned coin laundry on site generates additional income. This building has low taxes and great income with potential for more!

Last Agent to Sell the Property

JASON REINER

Solid Realty Services Inc License #471006193 Listed on: 09/21/2021

Last Buyer's Agent

Julie Washington

eXp Realty License #471015481

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,219

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 4 Units
  • Gross Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,219

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 11
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 62000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12219.1
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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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
12/14/2021 12/14/21 Sold $590,000 -7.8% --
10/14/2021 10/14/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $639,900 -- --
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: 11144837

Midwest Real Estate Data (MRED)