NOT LISTED FOR SALE
6 Beds
2 Baths
2,222 Sq Ft
1924 Built

Sale Details

Date Sold: May 30, 2023

Last sale price $486,700 $219 Per Sq Ft

9 Days on Market

About This Home

As of May 2023

MULTIPLE OFFERS RECEIVED. Rarely available 2-unit multifamily property in the highly desirable Portage Park neighborhood of Chicago. This charming building boasts an elegant architectural roof that was installed in 2016. The interiors of each of the three units have been well-maintained and features hardwood floors and low-maintenance, rental grade kitchens. This property is ideal for investors or owner-occupants who are looking for rental income to offset their mortgage payments. Tenants of this property will enjoy the benefits of a convenient and desirable location, close to a variety of shops, restaurants, and public transportation options. Tenants pay for their own electric and gas. Overall, this is a fantastic opportunity to invest in a well-maintained building in a highly sought-after neighborhood.

Last Agent to Sell the Property

Phu Nguyen

Citypoint Illinois LLC License #471022579 Listed on: 04/14/2023

Last Buyer's Agent

Owen Duffy

Fulton Grace Realty License #475125711

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,641

Year Built

  • Built in 1924

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,641

Year Built

Built in 1924

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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 Dimensions: LESS THAN .25 ACRES
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7641.48
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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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
05/30/2023 05/30/23 Sold $486,700 +0.4% $219 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $485,000 +29.3% $218 / Sq Ft
07/25/2018 07/25/18 Sold $375,000 -2.6% $169 / Sq Ft View Prior Sale
07/02/2018 07/02/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $385,000 -- $173 / Sq Ft
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 $8,018 $42,000 $13,125 $28,875
2024 $8,018 $42,000 $13,125 $28,875
2023 $7,816 $38,000 $10,500 $27,500
2022 $7,816 $38,000 $10,500 $27,500
2021 $7,641 $38,000 $10,500 $27,500
2020 $5,344 $23,988 $4,687 $19,301
2019 $5,540 $27,573 $4,687 $22,886
2018 $5,447 $27,573 $4,687 $22,886
2017 $6,231 $28,944 $4,125 $24,819
2016 $5,926 $29,589 $4,125 $25,464
2015 $5,820 $31,762 $4,125 $27,637
2014 $4,460 $24,037 $3,750 $20,287
2013 $5,116 $28,131 $3,750 $24,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759409

Midwest Real Estate Data (MRED)

APN: 13173160230000

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