NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $725,000

144 Days on Market

Highlights

  • Deck
  • Soaking Tub
  • Paved or Partially Paved Lot
  • Property is near park
  • Forced Air Heating System
  • 5-minute walk to Eugene Field Park

About This Home

As of March 2024

LOOK NO FURTHER - HOTTER THAN HOT ALBANY PARK RE-ZONED LEGAL 3 UNIT ACROSS THE STREET FROM EUGENE PARK. RENTED AND CASH FLOWING! EACH UNIT INCLUDES INDIVIDUAL HVAC AND WASHER/DRYERS. LOWER LEVEL UNIT: 3 BEDROOMS / 1 BATH. 1ST FLOOR UNIT: 3 BEDROOMS / 1 BATH. 2ND FLOOR: SPACIOUS "OWNERS" UNIT WITH 2 BEDROOM / 1 BATH (INCLUDES SEPARATE DINING ROOM VERSUS A 3RD BEDROOM). GORGEOUS HARDWOOD FLOORS THROUGHOUT, BRAND NEW MECHANICALS, PLUMBING AND ELECTRIC. EVERYTHING DONE WITH PERMITS AND READY FOR NEW ARM CHAIR INVESTOR OR LIVE-IN OWNER.

Last Agent to Sell the Property

John Gutman

Gutman Real Estate License #471018492 Listed on: 08/25/2023

Last Buyer's Agent

Peter Moore

Baird & Warner License #475148364

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,675

Year Built

  • Built in 1921 | Remodeled in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off Alley Parking
  • Parking Space is Owned

Utilities

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

Additional Features

  • Deck
  • Property is near park

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,675

Year Built

Built in 1921 | Remodeled in 2020

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Sump Pump
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 3
  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8675.3
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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
03/01/2024 03/01/24 Sold $725,000 0.0% --
01/17/2024 01/17/24 Pending -- -- --
08/25/2023 08/25/23 For Sale $725,000 +113.2% --
03/08/2019 03/08/19 Sold $340,000 +4.8% -- View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $324,500 -- --
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 $9,105 $49,539 $13,020 $36,519
2024 $9,105 $49,539 $13,020 $36,519
2023 $8,876 $43,000 $10,416 $32,584
2022 $8,876 $43,000 $10,416 $32,584
2021 $8,675 $43,000 $10,416 $32,584
2020 $6,256 $27,986 $5,394 $22,592
2019 $5,793 $32,168 $5,394 $26,774
2018 $5,694 $32,168 $5,394 $26,774
2017 $5,755 $30,023 $4,836 $25,187
2016 $5,532 $30,023 $4,836 $25,187
2015 $5,038 $30,023 $4,836 $25,187
2014 $3,762 $22,770 $4,464 $18,306
2013 $3,676 $22,770 $4,464 $18,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868384

Midwest Real Estate Data (MRED)
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