NOT LISTED FOR SALE
34 Beds
22 Baths
-- Sq Ft
1908 Built

Sale Details

Date Sold: November 18, 2022

Last sale price $4,500,000

60 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 5-minute walk to Broncho Billy Playlot Park

About This Home

As of November 2022

Amazing brick corner 22-unit walk-up building represents an excellent investment opportunity in the highly stable neighborhood of Uptown/Sheridan Park. Unit mix comprised of (1) three bedroom, (10) 2 bedrooms and (11) one bedroom units. This property has been extremely well maintained by current ownership and has recently rehabbed most units with Quartz/Granite countertops and stainless steel appliances. Updates also include a new roof and porches. All units have forced air. New coin operated laundry in the basement for extra income. Transportation includes buses, Red/Brown/Purple, and Metra Trains. Short distance to Target, Jewel-Osco and many Bars and Restaurants. No work needed, just sit back, and collect the rent.

Last Agent to Sell the Property

Thomas Gibbons

FairGreen Real Estate LLC License #471018033 Listed on: 07/21/2022

Last Buyer's Agent

Peter Moore

Baird & Warner License #475148364

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,108

Year Built

  • Built in 1908

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Reflective Roof
  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 22 Bathrooms

Lot Details

  • Lot Dimensions are 75 x 129
  • Corner Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 22 Units

Building Details

  • Electric Expense $2,092
  • Fuel Expense $1,138
  • Insurance Expense $10,232
  • Trash Expense $6,564
  • Water Sewer Expense $6,100
  • Operating Expense $56,234
  • Gross Income $341,400
  • Net Operating Income $289,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,108

Year Built

Built in 1908

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1908
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 22
  • Total Bedrooms: 34
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Reflective Coating, Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 6564
  • Water Sewer Expenses: 6100

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75 X 129
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 289366
  • Fuel Expense: 1138
  • Insurance Expense: 10232
  • ElectricExpense: 2092
  • GrossIncome: 341400
  • NumberOfUnitsTotal: 22
  • OperatingExpense: 56234
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 30108
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $4,500,000 -4.3% --
09/20/2022 09/20/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $4,700,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $37,415 $285,300 $91,938 $193,362
2024 $37,415 $285,300 $91,938 $193,362
2023 $36,474 $177,332 $46,200 $131,132
2022 $36,474 $177,332 $46,200 $131,132
2021 $35,660 $177,332 $46,200 $131,132
2020 $30,108 $135,155 $46,200 $88,955
2019 $27,154 $135,155 $46,200 $88,955
2018 $26,698 $135,155 $46,200 $88,955
2017 $24,413 $113,405 $39,732 $73,673
2016 $22,714 $113,405 $39,732 $73,673
2015 $20,781 $113,405 $39,732 $73,673
2014 $19,459 $104,880 $34,650 $70,230
2013 $19,075 $104,880 $34,650 $70,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11470680

Midwest Real Estate Data (MRED)
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