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

Sale Details

Date Sold: March 1, 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 25, 2023
Closed on
Mar 1, 2024
Sold by
Bought by
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Peter Moore
Baird & Warner
List Price
$725,000
Sold Price
$725,000
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,650
Interest Rate
0.036%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 19, 2019
Sold by
Bought by
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Non Member
NON MEMBER
List Price
$324,500
Sold Price
$340,000
Premium/Discount to List
$15,500
4.78%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
0.0745%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$725,000 None Listed On Document
-- Attorney
$340,000 Attorney
-- None Available
-- Chicago Title Insurance Comp
-- --
$182,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $543,750
Previous Owner $463,650
Closed $231,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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