NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
1917 Built

Last Sold February 15, 2024

Last sale price $364,000

80 Days on Market

About This Home

As of February 2024

Welcome to this charming 3-unit brick building with income potential that presents an excellent investment opportunity. This well-maintained property offers a garden unit with 2 bedrooms and 1 bath, currently rented for $978 per month to a CHA tenant on a month-to-month lease. The garden unit is zoned legal. The first-floor unit, featuring 2 bedrooms and 1 bath, is currently leased to a CHA tenant until February 2024 at $1,142 per month. Lastly, the second-floor unit boasts 3 bedrooms and 1 bath and is move-in ready, providing you with the flexibility to live in or rent for additional income. Each unit has separate utilities and gas forced air. This property offers a unique chance to live in one unit while receiving rental income from the others or maximize your income potential by renting out the vacant unit. Don't miss this opportunity to own a well-maintained, income-generating property.

Last Agent to Sell the Property

Sam Shah

YBRS Realty Inc. License #475166155 Listed on: 09/23/2023

Last Buyer's Agent

Gloria Espinosa

Kale Realty License #475187129

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1917

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1917

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

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

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 5027.04
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat
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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
02/15/2024 02/15/24 Sold $364,000 +2.8% --
12/13/2023 12/13/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $354,000 0.0% --
10/26/2023 10/26/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $354,000 -1.6% --
09/30/2023 09/30/23 For Sale $359,900 0.0% --
09/27/2023 09/27/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $359,900 +802.0% --
04/27/2012 04/27/12 Sold $39,900 0.0% -- View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $39,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,275 $24,672 $3,780 $20,892
2024 $5,275 $24,672 $3,780 $20,892
2023 $5,142 $25,001 $2,993 $22,008
2022 $5,142 $25,001 $2,993 $22,008
2021 $5,027 $24,999 $2,992 $22,007
2020 $3,197 $14,349 $2,677 $11,672
2019 $3,276 $16,306 $2,677 $13,629
2018 $3,221 $16,306 $2,677 $13,629
2017 $3,790 $17,608 $2,362 $15,246
2016 $3,527 $17,608 $2,362 $15,246
2015 $3,873 $21,136 $2,362 $18,774
2014 $3,291 $17,738 $2,205 $15,533
2013 $3,226 $17,738 $2,205 $15,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892711

Midwest Real Estate Data (MRED)
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