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

Last Sold July 29, 2016

Last sale price $340,000

3 Days on Market

Highlights

  • 3 Car Detached Garage
  • Brick Porch or Patio
  • 5-minute walk to Roberts Square Park
  • Beaubien Elementary School Rated A-
  • Two Heating Systems

About This Home

As of July 2016

Incredible opportunity in prime Jefferson Park! A+ location, tucked back in quiet, award winning Beaubien school district & Roberts Square Park, yet steps to transit center: Blue Line, Metra & bus lines to everywhere. Solid brick legal 2 flat + garden unit, on over-sized lot with nice back yard and 2 car garage. Perfect opportunity for the savvy investor, owner occupant or developer. Two 3 BR/1 BA units + 1 BR/1 BA garden unit. The property is nicely updated, maintained, fully leased, in great shape (inspections welcome) but is being sold as-is with city violations (see additional information) and is priced accordingly. Cash or 20+ % down conventional financing will be accepted. Armchair investment with great cash flow or make it your home and let the others pay your mortgage!

Last Agent to Sell the Property

Chris Sears

@properties Christie's International Real Estate License #475145561 Listed on: 05/10/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Craig Fallico

Baird & Warner License #475086022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,078

Parking

  • 3 Car Detached Garage
  • Carport
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Beaubien Elementary School
  • Taft High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Brick Porch or Patio
  • Lot Dimensions are 30x126

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $42,600
  • Net Operating Income $29,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,078

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Fee Information

  • Other Expenses $: 13280

Schools

  • Elementary School: BEAUBIEN ELEMENTARY SCHOOL
  • High School: TAFT HIGH SCHOOL
  • Middle/Junior School: BEAUBIEN ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 30X126
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 29320
  • GrossIncome: 42600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6078
  • Tax Year: 2014
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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
07/29/2016 07/29/16 Sold $340,000 -2.9% --
07/11/2016 07/11/16 For Sale $350,000 0.0% --
05/13/2016 05/13/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $350,000 +75.0% --
10/16/2013 10/16/13 Sold $200,000 -14.9% -- View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $234,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,700 $46,000 $13,230 $32,770
2024 $5,700 $46,000 $13,230 $32,770
2023 $5,557 $27,000 $10,584 $16,416
2022 $5,557 $27,000 $10,584 $16,416
2021 $5,433 $27,000 $10,584 $16,416
2020 $6,742 $30,248 $5,481 $24,767
2019 $6,910 $34,373 $5,481 $28,892
2018 $6,794 $34,373 $5,481 $28,892
2017 $7,059 $32,771 $4,914 $27,857
2016 $6,567 $32,771 $4,914 $27,857
2015 $6,009 $32,771 $4,914 $27,857
2014 $6,078 $32,733 $4,536 $28,197
2013 $5,479 $32,733 $4,536 $28,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09221321

Midwest Real Estate Data (MRED)