NOT LISTED FOR SALE
14 Beds
6 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold March 26, 2019

Last sale price $950,000

88 Days on Market

About This Home

As of March 2019

Turn key investment. Buy and collect rents. Bring your investors 6.1% CAP rate! Well maintained, newer roof, all utilities are separate for each unit, brick, 6 flat building, with parking garage, storage place, and large basement. Front entrance leads to 4 units: 2bedrooms/1bath each. Side entrance leads to 2 units: 3bedrooms/1bath each. All 6 units are very large. Each unit features large living room, full large kitchen, hardwood floors throughout the unit. Fully occupied. See financial summary in the documents, with rent roll and income/expenses. Per management the owner spend $32,000 to update porches in 2015; $12,000 for new electrical system in 2011, $10,000 for tuck-pointing and lintels in 2015. Roof had new coating in 2016. All plumbing is copper. It really is a turn key property, buy and collect rents.

Last Agent to Sell the Property

Svetlana Kushnareva

SK Chicago Realty License #471020927 Listed on: 11/12/2018

Last Buyer's Agent

Anna Basic

Basic House of Realty License #471017517

Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Utilities

  • Central Air

Additional Features

  • Partially Finished Basement

Community Details

  • Insurance Expense $2,341

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 60557
  • Repairs Decor Expense: 5740
  • Roof Structure: Flat
  • Scavenger Expense: 1001
  • Total Annual Exp: 13112
  • Total Annual Income: 92760
  • Total Monthly Income: 7730
  • Number Of Stories: 2
  • Estimated Year Built: 1926
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.17
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 4

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 2896

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 739
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 59X125
  • Lot Sq Ft: 7375
  • Parcel Identification Number: 13174110210000

Rental Info

  • Gross Rental Income: 92760
  • Tenant Pays: Electric, Heat

Multi Family

  • Insurance Expense: 2341
  • Number Of Dishwashers: 6
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 14843

Range of Values:

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Average Value
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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
03/26/2019 03/26/19 Sold $950,000 0.0% --
02/12/2019 02/12/19 Off Market $950,000 -- --
02/08/2019 02/08/19 Pending -- -- --
11/12/2018 11/12/18 For Sale $995,000 -- --
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: MRD10136104

Midwest Real Estate Data (MRED)

APN: 13174110210000