NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold April 06, 2020

Last sale price $385,000

23 Days on Market

Highlights

  • Fenced Yard
  • Enclosed Patio or Porch
  • Two Heating Systems
  • 2.5 Car Detached Garage
  • Bungalow
  • 4-minute walk to Chopin Park

About This Home

As of April 2020

**PORTAGE PARK** Turn-key, income-generating property in a super area! Great for an investor - building is a cash cow! Or for an owner occupant looking for help with their mortgage willing to wait for lease expirations. Hardwood floors throughout. Newer kitchens. Newer appliances. Newer baths. Newer windows throughout. Two separate furnaces with central a/c - all newer. Washer-dryer hook-up in 1st floor pantry. Laundry in common basement area. Wide 32' lot (fenced) makes for a large backyard with patio area for grilling. Newer 2-1/2 car garage has storage loft and a patio garage door for easy storage of yard equipment. Quiet street convenient to public transportation. Finished basement is in-law apt with quiet, long-term tenant that wants to stay: 5 rooms/3 bdrms/1 bath. (Room count included in 1st floor unit.) Rented month-to-month @ $850/mo. 1st floor is 5 rooms/2 bdrms/1 bath and rented @ $1450/mo. Lease expires 10/20. (Rent roll available under "Add'l Info")

Last Agent to Sell the Property

Mary Nack

Compass License #471005830 Listed on: 01/21/2020

Compass

Last Buyer's Agent

Maribel Marron

Baird & Warner License #475150106

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 1922

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32x126
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

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

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Reinberg Elementary School
  • Foreman High School

Utilities

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

Community Details

  • 2 Units
  • Gross Income $40,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,237

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Brick/Mortar
  • List Price: 395000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Reinberg Elementary School
  • High School: Foreman High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 32X126
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 40740
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5236.52
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

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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
04/06/2020 04/06/20 Sold $385,000 -2.5% --
02/13/2020 02/13/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $395,000 +31.7% --
11/10/2016 11/10/16 Sold $300,000 +3.4% --
09/08/2016 09/08/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $290,000 +93.5% --
01/09/2014 01/09/14 Sold $149,900 0.0% --
12/23/2013 12/23/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $149,900 0.0% --
10/30/2013 10/30/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $149,900 -- --
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: 10608178

Midwest Real Estate Data (MRED)