NOT LISTED FOR SALE
8 Beds
6 Baths
4,368 Sq Ft
3,485 Sq Ft Lot

Last Sold September 02, 2021

Last sale price $500,000 $114 Per Sq Ft

4 Days on Market

About This Home

As of September 2021

SOLID building that is in truly GREAT shape located near Midway airport, many shopping centers, and is minutes from I-55 and public transportation. This building has been very well maintained by the original owners. 4 new water heaters were installed less than 2 years ago, 3 new furnaces were installed less than 3 years ago, roof is about 6 years old and all windows were replaced within the last 8 years by the Midway Airport Window Program. Tenants pay for their own gas and electric. Landlord pays for the water, refuse and the utilities for the common areas (stairwells) and laundry room. The 1st floor unit is currently vacant and has 2 beds/2 baths. The 2nd floor unit which has 3beds/2baths is occupied and tenant pays $1,000 per month. The 3rd floor unit has the same layout as the 2nd floor and tenant pays $1,200 per month. Both tenants are currently on a month-to-month lease. All appliances are staying in each unit and the coin operated laundry system brings in approximately $100-$125 per month.

Last Agent to Sell the Property

Adam Stafiera

iDream Realty Inc License #475194623 Listed on: 07/07/2021

Co-Listed By

Rosalba Bulza

iDream Realty Inc License #471009228

Last Buyer's Agent

Carlos Rivera

Signature Realty Group LLC License #475141462

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 1994

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,282

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 489999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 34800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7281.88
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
09/02/2021 09/02/21 Sold $500,000 +2.0% $114 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $489,999 -- $112 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11147491

Midwest Real Estate Data (MRED)

APN: 19103240020000