N
Seller's Agent in 2017
Nicholas Rendleman
Real Broker LLC
4952 W Byron St Chicago, IL 60641
Portage Park Neighborhood
6
Beds
3
Baths
--
Sq Ft
1901
Built
About This Home
As of March 2017Meticulously cared for 2 Flat in Portage Park with tremendous investment opportunity! Two spacious and modernized 2 bedrooms / 1 bath units with an additional 2 bed/ 1 bath in-law suite in basement. Building updates include new shingle roof, new back siding, new flashing for all windows, freshly painted exterior, new side walk & concrete patio, all efficient windows, new electrical meter and primary cable and EMT tubing, and the list goes on. Live in one unit and rent the other OR buy turnkey investment and collect 20k in NET income annually - a whopping 6.9% CAP rate! Garage parking and one exterior spot. Beautiful yard and ideal location near six corners on quiet one way street!
Last Agent to Sell the Property
Nicholas Rendleman
Real Broker LLC License #471021414 Listed on: 12/08/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,293
Year Built
- Built in 1901
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Block Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 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 25x124
Community Details
Overview
- 2 Units
- 2 Flat
Building Details
- Gross Income $27,600
- Net Operating Income $20,107
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2017 03/24/17 | Sold | $320,000 | +10.4% | -- |
| 12/11/2016 12/11/16 | Pending | -- | -- | -- |
| 12/08/2016 12/08/16 | For Sale | $289,900 | -- | -- |
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 | $7,322 | $48,001 | $10,763 | $37,238 |
| 2024 | $7,322 | $48,001 | $10,763 | $37,238 |
| 2023 | $7,117 | $38,000 | $8,610 | $29,390 |
| 2022 | $7,117 | $38,000 | $8,610 | $29,390 |
| 2021 | $6,976 | $38,000 | $8,610 | $29,390 |
| 2020 | $5,514 | $27,840 | $3,843 | $23,997 |
| 2019 | $5,744 | $32,001 | $3,843 | $28,158 |
| 2018 | $6,325 | $32,001 | $3,843 | $28,158 |
| 2017 | $7,394 | $34,328 | $3,382 | $30,946 |
| 2016 | $6,879 | $34,328 | $3,382 | $30,946 |
| 2015 | $6,294 | $34,328 | $3,382 | $30,946 |
| 2014 | $2,845 | $15,324 | $3,075 | $12,249 |
| 2013 | $2,789 | $15,324 | $3,075 | $12,249 |
Source: Public Records
Agents Affiliated with this Home
-
-
German Llanos
Buyer's Agent in 2017
German Llanos
24 Hour Real Estate LLC
(312) 291-8047
64 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09401655
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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