$384,500
SOLD FEB 26, 2015
6 Beds
4 Baths
-- Sq Ft
-- Built

Recently Sold

10% Below List Price

165 Days on Market

Highlights

  • Enclosed patio or porch
  • Madison Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2023

RECENTLY REHABBED 4-FLAT IN EXCELLENT CONDITION. LONG TIME OWNER WITH EXCELLENT TENANTS. MANY IMPROVEMENTS THROUGHOUT. TURN-KEY INVESTMENT. GREAT VALUE. ALL APARTMENTS HAVE TANDEM - 3RD BEDROOM. 1ST TIME ON MARKET. EASY TO SHOW.

Last Agent to Sell the Property

Jeff Sangerman

Century 21 Universal License #471005619 Listed on: 07/17/2014

Century 21 Universal

Last Buyer's Agent

Jay Chandran

Jay C Realty, Inc. License #471009988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,538

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

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

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed patio or porch
  • Lot Dimensions are 40 x 126

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $46,272
  • Net Operating Income $25,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,538

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 20700

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: 40 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 25572
  • GrossIncome: 46272
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 12538
  • Tax Year: 2013
  • Tax Exemptions: None

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
06/23/2025 06/23/25 For Sale $855,000 +31.5% --
07/17/2023 07/17/23 Sold $650,000 -11.0% --
06/07/2023 06/07/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $730,000 +89.9% --
02/26/2015 02/26/15 Sold $384,500 -9.5% --
12/29/2014 12/29/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $425,000 +10.5% --
09/27/2014 09/27/14 Off Market $384,500 -- --
09/23/2014 09/23/14 For Sale $425,000 0.0% --
09/14/2014 09/14/14 Pending -- -- --
09/04/2014 09/04/14 Price Changed $425,000 -10.5% --
07/17/2014 07/17/14 For Sale $475,000 -- --
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: 08675830

Midwest Real Estate Data (MRED)