NOT LISTED FOR SALE

Estimated Value: $231,000 - $748,034

9 Beds
9 Baths
2,715 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $1,030,000 $379 Per Sq Ft

Current estimated payment $2,854/month

119 Days on Market

Highlights

  • Rooftop Deck
  • Balcony
  • Forced Air Heating System
  • <<bathWithWhirlpoolToken>>
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of July 2023

Beautiful and well maintained 4-unit condo building constructed in 2008, located in the historic Bronzeville neighborhood. Surrounded by newly constructed residential buildings and homes. All 4 units acquired and owned by one owner. Three units are fully tenant occupied. Each unit upgraded with backsplash in kitchens, granite countertops in kitchens and bathrooms. Each unit has carpet and hardwood floors throughout, wood burning and gas lighting fireplaces. SS appliances (gas range, microwave, refrigerator and dishwasher) in all units. In unit laundry in all 4 units. Each unit has separate heating, gas, electricity and HVAC system. First floor unit, owner occupied 3bed/3bath duplex down. Rented units have 2bed/2bath. Building has a total of 4 parking spaces, 2 garage spaces and 2 outdoor parking spaces. Enclosed back stairwell. Each unit has a deck upgraded with Composite material. BONUS FEATURE A ROOFTOP DECK ACCESS. Separate PINS for each unit Owner is selling all 4 units together. Many new residential and commercial developments within a short walk of the building. Great investment in a historic neighborhood.

Last Agent to Sell the Property

Kimberly Crawford

@properties Christie's International Real Estate Listed on: 12/15/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Aaron Vanderbilt

Dream Town Real Estate License #471015639

Dream Town Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,998

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 9 Bathrooms
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $480
  • Water Sewer Expense $3,000
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,998

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 9
  • Total Bedrooms: 9
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 9
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Hardwood Floors,Skylights/Windows,Walk-In Closet
  • Room: 5

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 1100000
  • Lot Features: None
  • OtherStructures: Other
  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • ElectricExpense: 480
  • GrossIncome: 57600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Story Unit/s

Tax Info

  • Tax Annual Amount: 9997.78
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Wells George and Wells Carolyn
Bought by
G & C Properties Enterprise Llc
Current Estimated Value
$422,011

Purchase Details

Closed on
May 17, 2013
Sold by
Calloway Kamal and Paige Brenda
Bought by
Wells George and Wells Carolyn

Purchase Details

Closed on
Oct 7, 2008
Sold by
Peegan Development Inc
Bought by
Calloway Kamal and Paige Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.41%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
G & C Properties Enterprise Llc -- None Available
Wells George $120,000 None Available
Calloway Kamal $260,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calloway Kamal $260,000
Previous Owner Peegan Development Inc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $1,030,000 -6.4% $379 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $1,100,000 -11.9% $405 / Sq Ft
12/15/2022 12/15/22 For Sale $1,249,000 -- $460 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2023 $6,190 $30,000 $3,273 $26,727
2022 $6,190 $30,000 $3,273 $26,727
2021 $6,051 $29,999 $3,272 $26,727
2020 $5,450 $24,464 $1,589 $22,875
2019 $5,419 $26,974 $1,589 $25,385
2018 $5,328 $26,974 $1,589 $25,385
2017 $2,747 $12,760 $1,309 $11,451
2016 $2,556 $12,760 $1,309 $11,451
2015 $2,338 $12,760 $1,309 $11,451
2014 $2,352 $12,677 $1,122 $11,555
2013 $1,827 $12,677 $1,122 $11,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11688190

Midwest Real Estate Data (MRED)

APN: 20-10-212-051-1001