NOT LISTED FOR SALE
24 Beds
12 Baths
-- Sq Ft
6,300 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $1,160,000

About This Home

As of July 2022

BRICK, SECURED AND VIDEO MONITORED & WROUGHT IRON SECURITY FENCING 12 UNIT BUILDING IN AUSTIN. THIS WELL MAINTAINED BUILDING CONSISTS OF 12 X 2BR AND 1BA UNITS W/HARDWOOD FLOORS, NEWER KITCHEN CABINETS, GRANITE COUNTERTOPS AND NEWER APPLIANCES. REHABBED IN 2017 WITH LOTS OF IMPROVEMENTS INCLUDING UPDATED COPPER PLUMBING, 400 AMP SERVICE AND NEW HVAC. EACH UNIT HAS ITS OWN AC AND FURNACE. TENANTS PAY HEAT AND ELECTRIC. CHA APPROVED BUILDING. THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPANT. ***PLEASE DO NOT DISTURB TENANTS***

Last Agent to Sell the Property

Daniel Dabrowski

Chicagoland Brokers Inc. License #475190902 Listed on: 03/03/2022

Chicagoland Brokers Inc.

Co-Listed By

Joanna Dabrowski

Chicagoland Brokers Inc. License #475182918

Last Buyer's Agent

David Jaracz

Savvy Properties Inc License #471019217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,343

Year Built

  • Built in 1930

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

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

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Courtyard
  • Partially Finished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $2,564
  • Fuel Expense $100
  • Insurance Expense $5,500
  • Other Expense $2,143
  • Trash Expense $2,449
  • Water Sewer Expense $3,611
  • Operating Expense $30,454
  • Gross Income $142,632
  • Net Operating Income $112,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,343

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 3
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 24
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Partially Finished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 12
  • Ranges: 12
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 1259000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Courtyard

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 2449
  • Water Sewer Expenses: 3611
  • Janitor Expense: 200

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 112178
  • Fuel Expense: 100
  • Insurance Expense: 5500
  • ElectricExpense: 2564
  • GrossIncome: 142632
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 30454
  • Expense Year: 2021
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 15342.7
  • Tax Year: 2020

Range of Values:

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List Price
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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
07/14/2022 07/14/22 Sold $1,160,000 -7.9% --
03/03/2022 03/03/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,259,000 -- --
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: 11337928

Midwest Real Estate Data (MRED)