NOT LISTED FOR SALE
8 Beds
4 Baths
4,176 Sq Ft
-- Built

Last Sold January 11, 2024

Last sale price $1,215,000 $291 Per Sq Ft

113 Days on Market

About This Home

As of January 2024

BEAUTIFUL RENOVATION OF A FOUR-UNIT PROPERTY IN AN INCREDIBLE RIVER WEST/FULTON MARKET LOCATION. NEW KITCHENS AND BATHS, HVAC THROUGHOUT, FLOORING, STAINLESS STEEL APPLIANCES, AND IN-UNIT LAUNDRY. PROPERTY CONSISTS OF TWO SEPARATE BUILDINGS, EACH WITH (2) SPACIOUS TWO BEDROOM/ONE BATHROOM APARTMENTS WITH NEW DECKS AND A BRAND NEW ROOF ON THE FRONT BUILDING. UNBEATABLE LOCATION NEAR FULTON MARKET/WEST LOOP AND JUST STEPS TO PUBLIC TRANSPORTATION VIA THE CTA BLUE LINE AT MILWAUKEE AND GRAND. IDEALLY LOCATED NEAR SOME OF CHICAGO'S GREATEST SHOPPING, DINING AND ENTERTAINMENT OPTIONS. **2022 TAXES ARE PROJECTED TO BE $15,642.92**

Last Agent to Sell the Property

Brandon Carlson

Hideout III LLC License #471022323 Listed on: 08/01/2023

Last Buyer's Agent

Nedal Kawash

Kawash Group License #471022064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,043

Year Renovated

  • 2023

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24 x 116

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,125
  • Maintenance Expense $800
  • Professional Management Expense $500
  • Trash Expense $540
  • Water Sewer Expense $1,200
  • Gross Income $113,220
  • Net Operating Income $84,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,043

Year Renovated

2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 500
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Fee Information

  • Trash Expense: 540
  • Water Sewer Expenses: 1200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24 X 116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 84184
  • Insurance Expense: 3125
  • GrossIncome: 113220
  • Maintenance Expense: 800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 16043.05
  • Tax Year: 2022
  • 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 Prior Sale
01/11/2024 01/11/24 Sold $1,215,000 0.0% $291 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/16/2023 11/16/23 Off Market $1,215,000 -- --
10/02/2023 10/02/23 For Sale $1,275,000 +4.9% $305 / Sq Ft
09/28/2023 09/28/23 Off Market $1,215,000 -- --
09/07/2023 09/07/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,275,000 0.0% $305 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $1,275,000 +63.5% $305 / Sq Ft
10/27/2022 10/27/22 Sold $780,000 -20.0% $187 / Sq Ft View Prior Sale
08/22/2022 08/22/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $975,000 -2.5% $233 / Sq Ft
05/09/2022 05/09/22 For Sale $999,999 -- $239 / Sq Ft
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 $16,507 $136,000 $20,741 $115,259
2024 $16,507 $136,000 $20,741 $115,259
2023 $16,043 $78,000 $16,704 $61,296
2022 $16,043 $78,000 $16,704 $61,296
2021 $22,870 $113,732 $16,704 $97,028
2020 $10,677 $47,930 $9,465 $38,465
2019 $10,820 $53,854 $9,465 $44,389
2018 $10,638 $53,854 $9,465 $44,389
2017 $11,576 $53,776 $8,352 $45,424
2016 $11,248 $56,161 $8,352 $47,809
2015 $10,291 $56,161 $8,352 $47,809
2014 $9,241 $49,806 $6,960 $42,846
2013 $9,058 $49,806 $6,960 $42,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11847682

Midwest Real Estate Data (MRED)

APN: 17082460220000