$1,299,000

Estimated payment $7,895/month

Total Views 3,556
-- Bed
-- Bath
3,960 Sq Ft
$328 Price per Sq Ft

About This Home

This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.

Listing Agent

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 04/07/2026

Sperry Van Ness

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,657

Year Built

  • Built in 1899

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,960 Sq Ft Home
  • 3-Story Property

Utilities

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

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $34,520
  • Gross Income $131,568
  • Net Operating Income $90,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,657

Year Built

Built in 1899

Lot Details

3,125 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1899
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
  • Estimated Age: New Rehab
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Roof: Rubber
  • Roof Structure: Flat

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Leased Washer Dryer YN: No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI
  • Alternate Phone Number: (708) 307-7529

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 3960

Multi Family

  • Net Operating Income: 90468
  • GrossIncome: 131568
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34520
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12657.24
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,182 $63,000 $17,031 $45,969
2024 $11,182 $63,000 $17,031 $45,969
2023 $10,901 $53,000 $13,750 $39,250
2022 $10,901 $53,000 $13,750 $39,250
2021 $10,658 $53,000 $13,750 $39,250
2020 $9,013 $40,460 $13,750 $26,710
2019 $9,344 $46,506 $13,750 $32,756
2018 $9,186 $46,506 $13,750 $32,756
2017 $7,469 $34,697 $10,937 $23,760
2016 $6,449 $34,697 $10,937 $23,760
2015 $7,020 $40,932 $10,937 $29,995
2014 $6,203 $36,002 $9,375 $26,627
2013 $6,070 $36,002 $9,375 $26,627
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 For Sale $1,299,000 +216.8% $328 / Sq Ft
06/25/2016 06/25/16 Sold $410,000 -3.5% -- View Prior Sale
12/20/2015 12/20/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $425,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12611934

Midwest Real Estate Data (MRED)

APN: 17283140250000

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