NOT LISTED FOR SALE
6 Beds
5 Baths
-- Sq Ft
1915 Built

Sale Details

Date Sold: August 12, 2022

Last sale price $550,000

4 Days on Market

About This Home

As of August 2022

*THANK YOU ALL FOR YOUR INTEREST! WE WILL BE ACCEPTING HIGHEST AND BEST OFFERS NO LATER THAN MONDAY JUNE 20TH AT 6 PM* Don't miss out on the amazing opportunity to own this beautiful two-flat brick building in Albany Park. With the option to either rent out both units or, "House Hack," by living in one unit of the house and having a tenant pay all or part of your mortgage, you can build your real estate portfolio. Most importantly, this building has value beyond anything in the market in Albany Park. Not only does it feature 3 bedrooms, full bath, a living room, a dining room, and a kitchen in the first and second unit, they also have an extra half bathroom in both units - a rare find! Duplex out the first unit as is. The finished basement adds three additional bedrooms, a kitchen, and full bathroom. With a spacious enclosed porch leading outside to the gated backyard and straight into the 2.5 car garage, this home features plenty of storage space. Close to the CTA brown line and North Park University, demand is high while supply is low. With the freedom to rent out a unit right away in a high demand rental location, don't miss out on this rare investment opportunity.

Last Agent to Sell the Property

Sebastian Vivas

Compass License #475193321 Listed on: 06/17/2022

Compass

Last Buyer's Agent

Lucas Augustyn

Pearson Realty Group License #475152885

Pearson Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,170

Year Built

  • Built in 1915

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,170

Year Built

Built in 1915

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 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: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • 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: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7170.1
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • 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
08/12/2022 08/12/22 Sold $550,000 +10.0% --
06/22/2022 06/22/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $499,900 0.0% --
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $499,900 -- --
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 $8,191 $45,000 $22,999 $22,001
2024 $8,191 $45,000 $22,999 $22,001
2023 $7,963 $42,000 $18,750 $23,250
2022 $7,963 $42,000 $18,750 $23,250
2021 $7,802 $42,000 $18,750 $23,250
2020 $7,170 $35,177 $8,250 $26,927
2019 $7,367 $39,974 $8,250 $31,724
2018 $7,763 $42,608 $8,250 $34,358
2017 $5,832 $30,378 $7,500 $22,878
2016 $6,203 $33,362 $7,500 $25,862
2015 $5,851 $34,444 $7,500 $26,944
2014 $4,850 $28,611 $6,750 $21,861
2013 $5,072 $30,416 $6,750 $23,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11439281

Midwest Real Estate Data (MRED)
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