NOT LISTED FOR SALE
5 Beds
4 Baths
-- Sq Ft
1925 Built

Last Sold August 19, 2022

Last sale price $490,000

13 Days on Market

Highlights

  • Den
  • 2 Car Detached Garage
  • Ceiling Fan
  • Fenced Yard
  • Bungalow
  • Heating System Uses Steam

About This Home

As of August 2022

THIS IS AN AWESOME PROPERTY. VERY WELL KEPT UPDATED BRICK 2 FLAT PLUS ADDITIONAL GARDEN APARTMENT ON A LOVELY STREET IN JEFFERSON PARK. 6 ROOMS 2 BEDROOMS ON IST FLOOR WITH LARGE LIVING 15X14 AND FORMAL DINING 13X12 ROOMS NICE SIZE UPDATED CABINET KITCHEN 12X10 EXTRA DEN OFF KITCHEN 13X7 COULD BE A 3RD BEDROOM. 2 BEDROOMS 12X9. 5 ROOMS 1 BEDROOM ON 2ND FLOOR LIVING RM 15X14 DINING ROOM 12X12 UPDATED KITCHEN 12X10 OPENS TO EXTRA DEN 13 X 8 COULD EASILY BE ADDITIONAL BEDROOM 17X10. THIS APARTMENT WAS RECENTLY REFINISHED WITH BEAUTIFUL HARDWOOD FLOORS NICE LARGE BRIGHT LIVING AND FORMAL DINING ROOMS, A REAL NICE CABINET KITCHEN AND TILED BATH WITH WHIRLPOOL TUB. BASEMENT HAS 3 FINISHED ROOMS WITH KITCHEN & BATH EXTRA INLAW APARTMENT. LOVELY YARD AND A HUGE GARAGE. RENTS 1ST $1400. 2ND $1100 GARDEN $775 GARAGE $375 LAUNDRY $50 MONTH. OWNER PAYS GAS AND ELECTRIC FOR 1ST FLOOR AND GARDEN APARTMENT AND HEAT FOR ENTIRE BUILDING. RENTS COULD EASILY BE INCREASED. CURRENT LEASES DO HAVE A 60 DAY NOTCE OF CANCELLATION. GROSS INCOME $3650. + $50. A MONTH FROM LAUNDRY. GROSS INCOME $44,400. GAS, ELECTRIC, WATER/SEWER, TAXES, INSURANCE TOTAL $10969. NET INCOME $33431. THIS IS A VERY NICE BUILDING IN A GREAT LOCATION NEAR PORTAGE AND JEFFERSON PARKS JEWEL/OSCO RIGHT DOWN THE STREET. NEAR BLUE LINE AND KENNEDY EXPRESSWAYS. SORRY NO FHA OR VA.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 06/30/2022

Compass

Co-Listed By

Norbert Mika

Compass License #471001355

Last Buyer's Agent

Youlia Raichev

HomeSmart Connect LLC License #475183585

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1925 | Remodeled in 2011

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Den

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Lot Details

  • Lot Dimensions are 30 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,011
  • Fuel Expense $2,073
  • Insurance Expense $1,718
  • Water Sewer Expense $880
  • Gross Income $44,400
  • Net Operating Income $33,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1925 | Remodeled in 2011

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Den
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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, Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 880
  • Trash Expense Year: 2020

Lot Info

  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 33431
  • Fuel Expense: 2073
  • Insurance Expense: 1718
  • ElectricExpense: 1011
  • GrossIncome: 44400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5287
  • Tax Year: 2020
  • 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
08/19/2022 08/19/22 Sold $490,000 -2.0% --
07/14/2022 07/14/22 Pending -- -- --
06/30/2022 06/30/22 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 $7,295 $45,000 $13,125 $31,875
2024 $7,295 $45,000 $13,125 $31,875
2023 $7,112 $34,577 $10,500 $24,077
2022 $7,112 $34,577 $10,500 $24,077
2021 $6,953 $34,577 $10,500 $24,077
2020 $5,287 $23,731 $5,437 $18,294
2019 $5,481 $27,278 $5,437 $21,841
2018 $5,648 $28,594 $5,437 $23,157
2017 $5,764 $26,778 $4,875 $21,903
2016 $5,591 $27,913 $4,875 $23,038
2015 $5,493 $29,975 $4,875 $25,100
2014 $4,905 $26,438 $4,500 $21,938
2013 $4,924 $27,072 $4,500 $22,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11450716

Midwest Real Estate Data (MRED)
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