NOT LISTED FOR SALE
6 Beds
3 Baths
2,876 Sq Ft
1908 Built

Last Sold May 18, 2023

Last sale price $420,000 $146 Per Sq Ft

218 Days on Market

Highlights

  • 2 Car Detached Garage
  • Soaking Tub
  • Paved or Partially Paved Lot
  • Porch

About This Home

As of May 2023

Highly sought after Albany Park multi-family opportunity; rarely available. Low vacancy in the overall area due to easy access to bus stops, train stations, hospital (1.5 mile), restaurants, bars, etc. This property is strategically located under 2 blocks from the CTA brown line stop and steps from Montrose and Kimball buses. CVS and Walgreens pharmacies are less than one block walking distance. There is new development on the block, which could only benefit your investment. Inside you will find original character including wall to ceiling built-in buffets in each large dining room. Each eat in kitchen comes with walk in pantry. On the first floor you will find a cedar closet and on the second floor a sun room separate from the large living room. Property comes with a large, unfinished attic waiting for your touches. Albany Park is home to the city's most colorful culinary scenes full of authentic ethnic eats. Under the umbrella of Albany Park stand three smaller sub-neighborhoods: Albany Park, Mayfair, and North Mayfair. The latter neighborhood is listed in the National Register of Historic Places because it contains some of the country's best examples of "Old House"-style architecture. The attached subject property allows for a new investor to step into an income-producing asset in one of Chicago's most popular neighborhoods that will only continue to appreciate over time. Pre pandemic exterior work done on the house including stucco work, new cement, new paint and pea rock on front and back lawn. First floor rental Open Lease- Signed ( NO END DATE) to re-evaluate in 6 months (MAY 2023.

Last Agent to Sell the Property

Vanessa Carlson

iRealty Flat Fee Brokerage License #471016540 Listed on: 09/07/2022

Last Buyer's Agent

Andrea Garcia

Chicagoland Brokers, Inc. License #475141630

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,398

Year Built

  • Built in 1908

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Bedroom in Basement

Additional Features

  • Porch
  • Paved or Partially Paved Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,398

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished,Exterior Access,Concrete Block,Sleeping Area
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Walk-In Closet,Cooktop
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 3750
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7398.16
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s

Range of Values:

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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
05/18/2023 05/18/23 Sold $420,000 -5.6% $146 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $444,900 0.0% $155 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $444,900 +5.9% $155 / Sq Ft
03/09/2023 03/09/23 Off Market $420,000 -- --
03/06/2023 03/06/23 Price Changed $444,900 -2.2% $155 / Sq Ft
02/15/2023 02/15/23 Price Changed $455,000 -1.1% $158 / Sq Ft
02/15/2023 02/15/23 For Sale $460,000 0.0% $160 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
10/26/2022 10/26/22 Price Changed $460,000 -1.7% $160 / Sq Ft
10/11/2022 10/11/22 Price Changed $468,000 -1.5% $163 / Sq Ft
09/26/2022 09/26/22 Price Changed $475,000 -2.9% $165 / Sq Ft
09/07/2022 09/07/22 For Sale $489,000 -- $170 / Sq Ft
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: 11622958

Midwest Real Estate Data (MRED)

APN: 13142250230000