$737,000
SOLD JUL 1, 2024
8 Beds
5 Baths
-- Sq Ft
1959 Built

Recently Sold

2% Above List Price

6 Days on Market

Highlights

  • Patio
  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Madison Elementary School Rated A-
  • Heating System Uses Steam

About This Home

As of July 2024

Ideal investment property or live-in owner opportunity in desirable Skokie! Attractive, well maintained brick 3 flat features: two spacious 3 bedroom/2 bath apartments with open layout living rooms, separate dining rooms, large bedrooms, eat-in kitchens and ample storage. Legal garden unit has 2 bedrooms /1 bath. First floor is vacant with recent updates including: refinished floors, fresh paint, new lighting, ceiling fans and window air conditioners. 2nd floor unit has long term renter and offers same layout as first floor unit. Renters pay heat, gas and electric with each apartment having separate electric, boiler and hot water heater. Enclosed rear porch leads to 3 parking spaces and private green space. Coin operated washer/dryer and separate storage units in the basement. Rents can be increased and are due to long term renters. Tear off roof 2017, hot water heaters 2019. Convenient location close to public transportation, highway, shopping, restaurants, parks and schools.

Last Agent to Sell the Property

Diana Ezerins

Coldwell Banker Realty License #475138273

Coldwell Banker Realty

Last Buyer's Agent

Michael McCoy

@properties Christie's International Real Estate License #471014965

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,703

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 50x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Madison Elementary School
  • Lincoln Junior High School
  • Niles West High School

Utilities

  • Two Heating Systems
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,800
  • Maintenance Expense $400
  • Water Sewer Expense $1,200
  • Gross Income $56,700
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,703

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 725000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Steam, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1200
  • Trash Expense Year: 400

Schools

  • Elementary School: Madison Elementary School
  • High School: Niles West High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 69

Lot Info

  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 30000
  • Insurance Expense: 1800
  • ElectricExpense: 300
  • GrossIncome: 56700
  • Maintenance Expense: 400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 18703
  • Tax Year: 2022
  • Tax Exemptions: None

Map

Range of Values:

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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 Change Sq Ft Price
07/01/2024 07/01/24 Sold $737,000 +1.7% --
05/16/2024 05/16/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $725,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12051070

Midwest Real Estate Data (MRED)