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

Last Sold October 25, 2016

Last sale price $400,000

22 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Patio
  • Ceiling Fan

About This Home

As of October 2016

Welcome to Albany Park! Enjoy the immediate cash-flow with this 3-flat ready for investor or owner occupants. Great, tree-lined, one way street with tons of upside to this extra wide 30ft lot. Rehab properties on both sides of the street. All windows replaced in last 10 years, extra income from coin laundry and garage rental. FULL unfinished attic with endless possibilities for an owner occupant to expand upstairs or convert for higher rental income. Tenants on month to month leases with room to increase rent rolls. The multi-unit is a great beginning to your real estate portfolio!

Last Agent to Sell the Property

Klopas Stratton Team

Jameson Sotheby's Int'l Realty License #471009697 Listed on: 08/15/2016

Jameson Sotheby's Int'l Realty

Co-Listed By

Christopher Johnson

Jameson Sotheby's Int'l Realty License #475157019

Last Buyer's Agent

Danielle Inendino

Redfin Corporation License #475157097

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1906

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 1906

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: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 39000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5471.87
  • Tax Year: 2014
  • Tax Exemptions: None
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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
10/25/2016 10/25/16 Sold $400,000 0.0% --
09/06/2016 09/06/16 Pending -- -- --
09/03/2016 09/03/16 Off Market $400,000 -- --
08/15/2016 08/15/16 For Sale $400,000 -- --
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 $8,046 $53,000 $23,250 $29,750
2024 $8,046 $53,000 $23,250 $29,750
2023 $7,844 $38,000 $18,750 $19,250
2022 $7,844 $38,000 $18,750 $19,250
2021 $7,667 $38,000 $18,750 $19,250
2020 $7,868 $35,199 $8,250 $26,949
2019 $8,063 $39,999 $8,250 $31,749
2018 $7,927 $39,999 $8,250 $31,749
2017 $7,747 $35,871 $7,500 $28,371
2016 $7,209 $35,871 $7,500 $28,371
2015 $6,596 $35,871 $7,500 $28,371
2014 $5,472 $29,384 $6,750 $22,634
2013 $5,364 $29,384 $6,750 $22,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09316358

Midwest Real Estate Data (MRED)
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