NOT LISTED FOR SALE
20 Beds
10 Baths
-- Sq Ft
0.31 Acres

Last Sold March 14, 2017

Last sale price $800,000

68 Days on Market

About This Home

As of March 2017

Excellent Investment! Don't miss this rare find, a well maintained 10 unit, fully occupied apartment building with a great income. The building has been continuously maintained and upgraded. Each unit has 2 bedroom and 1 bath. Many long term tenants. As the units turn over they are redone. Located in a great area of Chicago with transportation close by. There are 10 parking spaces and street parking available. There is a coin operated washer and dryer for extra income. Great Capitalization Rate. Don't miss a great opportunity for a really great building in a great location.

Last Agent to Sell the Property

Marty King

Baird & Warner License #475133822 Listed on: 10/28/2016

Baird & Warner

Co-Listed By

August Olivo

Village Realty, Inc. License #471010134

Last Buyer's Agent

Bane Simic

Pivot Properties Inc License #471016569

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 0.31

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Exterior Basement Entry
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $6,202
  • Insurance Expense $6,000

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 77189
  • Outdoor Parking: 6-12 Spaces, Common Parking, Paved
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1433
  • Total Annual Exp: 31710
  • Total Annual Income: 108900
  • Total Monthly Income: 9075
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Window A C: 10
  • Number Of Stories: 2
  • Estimated Year Built: 1965
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Basement: Partially Finished, Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.31
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Hot Water
  • Water Expense: 4445

Condo/Co-op/Association

  • Units in Building: 10
  • Assessment Includes: Parking, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 653

Lot Info

  • Lot Dimensions: 117 X 115 X 116 X 125
  • Lot Sq Ft: 13837
  • Land Amenities: Lighting/Exterior, Security Entrance, Sidewalks
  • Parcel Identification Number: 19343130490000

Rental Info

  • Gross Rental Income: 107100

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 6202
  • Insurance Expense: 6000
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11586

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 List to Sale Price per Sq Ft
03/14/2017 03/14/17 Sold $800,000 -11.0% --
01/04/2017 01/04/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $899,000 -- --
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: MRD09377307

Midwest Real Estate Data (MRED)