NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1890 Built

Last Sold July 09, 2021

Last sale price $507,000

4 Days on Market

About This Home

As of July 2021

Great investment opportunity! Recently gut renovated, turn-key 3 flat in HOT Bronzeville. Fully rented, tenant occupied three 3 bedroom 2 bath well-appointed and spacious units. Large kitchens with stainless steel appliances and new cabinetry. Bathrooms with new tile and vanities. The primary bedroom is en-suite with abundant closet space. The top floor unit can be duplexed up into a currently unfinished large attic space. Units 1 and 2 have a deck off the kitchen. Shared backyard patio and parking pad. With its easy access to Chicago's Downtown, lakefront, University of Chicago school and hospitals, Hyde Park, and I-94 and I-55, Bronzeville has become one of the most sought-after neighborhoods for homeowners, tenants, and landlords on Chicago's Southside. Sit back collect rent and watch your investment grow. Close proximity to parks (Washington Park), restaurants, walk to Walmart, and Lakefront. Only 6 miles to downtown. Must have a minimum of 24 hours to show. Coin-operated laundry in the building. Don't miss this excellent investment opportunity!

Last Agent to Sell the Property

Monique Pieron

@properties Christie's International Real Estate License #475104436 Listed on: 05/11/2021

@properties Christie's International Real Estate

Co-Listed By

Karen Ranquist

Jameson Sotheby's Intl Realty License #475113439

Last Buyer's Agent

Matt Engle

Fulton Grace Realty License #475167329

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1890 | Remodeled in 2019

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,076
  • Manager Expense $2,398
  • Professional Management Expense $1,000
  • Trash Expense $758
  • Water Sewer Expense $674
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,960

Year Built

Built in 1890 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1000
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame,Other

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2398

Fee Information

  • Trash Expense: 758
  • Water Sewer Expenses: 674
  • Trash Expense Year: 2020

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 2076
  • GrossIncome: 49800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4960
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 Prior Sale
07/09/2021 07/09/21 Sold $507,000 +5.8% --
05/16/2021 05/16/21 For Sale -- -- --
05/15/2021 05/15/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $479,000 +1128.2% --
06/09/2014 06/09/14 Sold $39,000 -2.3% -- View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
05/09/2014 05/09/14 Price Changed $39,900 -20.0% --
04/15/2014 04/15/14 For Sale $49,900 -- --
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: 11084291

Midwest Real Estate Data (MRED)