NOT LISTED FOR SALE
8 Beds
3 Baths
3,075 Sq Ft
3,049 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $635,000 $207 Per Sq Ft

115 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Two Heating Systems
  • Fenced Yard

About This Home

As of March 2024

Welcome to an exceptional 3 Legal Flat property, perfectly poised to fulfill your real estate dreams. Nestled in a coveted location, this property presents a golden investment or homeownership opportunity. With wonderful, reliable tenants already in place, it's an investment ready to take over, and a home ready to embrace. The second floor and basement have been meticulously updated to exude modern elegance. Revel in newer refinished floors that seamlessly flow underfoot, gleaming granite countertops to allow recipes to come to life, newer appliances that await your dinner evenings and parties, and fully remodeled bathrooms that offer a touch of luxury. A remarkable attribute of this property is the newer structure, built in '89, which has been lovingly cared for and maintained over the years with great attention to detail. The owner's commitment to quality is evident through the newer entrance door, water heaters, laundry machine, garage door, and in-unit doors on both the garden and second floor. The basement even boasts heated floors for added comfort. This versatile property offers 2 spacious 3-bedroom, 1-bath units, each featuring a welcoming living room and an inviting eat-in kitchen. In addition, there's an extra-large 2-bedroom garden unit. With separate furnaces and water heaters, each unit's tenants are responsible for their own utilities. Plus, the cost of water, trash, and sewer is included in the manageable $370 bill every 2 months. As an added bonus, the laundry facilities generate approximately $110 per month in extra income and the garage an income of $200/M. Situated on a corner lot with a fenced yard, this property enjoys a prime location close to the vibrant Six Corners street, offering easy access to stores, highways, Portage Park, and schools. The conveniences of city living are right at your doorstep. It's an opportunity that commands your attention - whether you're an investor looking for a property that practically manages itself or a homeowner seeking a spacious and well-maintained residence. The Seller is willing to pay the rate down at closing to a buyer with under 20% down payment at 0.5 Points and to a buyer with 20% or more down payment at 1 point. It all depends on the eligibility of the individual and if you need a lender I have a point of contact. Surveillance cameras are in place to enhance security. Don't miss out on this chance to own a gem in a desirable locale. You will love it! Come and see it!!!

Last Agent to Sell the Property

Ioana Todericiu

HomeSmart Connect LLC License #475169768 Listed on: 10/11/2023

HomeSmart Connect LLC

Last Buyer's Agent

Dan Nelson

Compass License #475189264

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 1989 | Remodeled in 2019

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 123
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • 3 Flat

Building Details

  • Gross Income $57,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,061

Year Built

Built in 1989 | Remodeled in 2019

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: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished,Exterior Access,Other
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved, Other
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 57120
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10060.55
  • Tax Year: 2021
  • Tax Exemptions: None
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/07/2024 03/07/24 Sold $635,000 -2.3% $207 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $650,000 -1.5% $211 / Sq Ft
11/11/2023 11/11/23 Price Changed $660,000 -1.5% $215 / Sq Ft
10/11/2023 10/11/23 For Sale $670,000 +31.6% $218 / Sq Ft
07/31/2019 07/31/19 Sold $509,000 0.0% $166 / Sq Ft View Prior Sale
06/14/2019 06/14/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $509,000 -2.0% $166 / Sq Ft
05/30/2019 05/30/19 Price Changed $519,500 -3.7% $169 / Sq Ft
05/09/2019 05/09/19 For Sale $539,500 -- $175 / Sq Ft
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 $10,556 $56,001 $10,763 $45,238
2024 $10,556 $56,001 $10,763 $45,238
2023 $10,290 $50,000 $8,610 $41,390
2022 $10,290 $50,000 $8,610 $41,390
2021 $10,061 $50,000 $8,610 $41,390
2020 $8,427 $37,808 $3,843 $33,965
2019 $8,047 $43,458 $3,843 $39,615
2018 $7,910 $43,458 $3,843 $39,615
2017 $6,996 $35,854 $3,382 $32,472
2016 $7,649 $40,667 $3,382 $37,285
2015 $6,975 $40,667 $3,382 $37,285
2014 $7,622 $43,619 $3,075 $40,544
2013 $7,460 $43,619 $3,075 $40,544
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11905888

Midwest Real Estate Data (MRED)

APN: 13212050010000