NOT LISTED FOR SALE
5 Beds
2 Baths
1,088 Sq Ft
3,049 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $430,000 $395 Per Sq Ft

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • William Howard Taft High School Rated A-

About This Home

As of April 2024

Nestled in the heart of Jefferson Park, this meticulously maintained brick 2-flat presents an exceptional investment opportunity. Boasting a prime location near the Blue Line and expressway access, this property features two 2-bedroom, 1-bathroom apartments, each with enclosed porches. The first-floor apartment features formal dining room, ideal for entertaining and enjoying family meals. Kitchens in both units have granite counters and dishwashers. In addition, apartments have beautiful hardwood floors throughout living areas and separate HVAC systems installed in 2020. Roof, gutters, downspouts, fascias, soffits, and porches have been replaced in 2012, providing peace of mind for years to come. Additional updates in 2012 include new windows, exterior doors, concrete sidewalk, electric panels, hot water heaters, flood prevention back-flow pump, drywall, appliances, and laundry facilities. A two-car garage provides convenient off-street parking for residents, with additional street parking available. Situated in Jefferson Park, this property offers easy access to public transportation. Proximity to the expressway offers added convenience for those who need to travel by car. With local amenities, parks, and schools nearby, this location has a vibrant neighborhood charm. Tenants pay all utilities. Gross income $34,800. Insurance $1,140, Water, sewer, trash around $240 per month. First floor Lease expires 06/30/24, second floor mtm. Short lot (114'), ideal for an owner looking for a minimal yard maintenance.

Last Agent to Sell the Property

Dee Savic

Baird & Warner License #471015044 Listed on: 02/12/2024

Baird & Warner

Last Buyer's Agent

Davia Lipscher

@properties Christie's International Real Estate License #475159878

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,409

Year Built

  • Built in 1924 | Remodeled in 2012

Lot Details

  • 3,049

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Farnsworth Elementary School
  • Taft High School

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Lot Dimensions are 25x114

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,137
  • Water Sewer Expense $240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,409

Year Built

Built in 1924 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 240

Schools

  • Elementary School: Farnsworth Elementary School
  • High School: Taft High School
  • Middle/Junior School: Farnsworth Elementary School

Lot Info

  • Lot Dimensions: 25X114
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1137
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7409
  • Tax Year: 2022
  • 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 List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold $430,000 +1.2% $395 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $425,000 +195.1% $391 / Sq Ft
10/16/2012 10/16/12 Sold $144,000 -9.1% $80 / Sq Ft View Prior Sale
09/03/2012 09/03/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $158,500 -- $88 / 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: 11979418

Midwest Real Estate Data (MRED)

APN: 13-08-215-021