NOT LISTED FOR SALE
4 Beds
2 Baths
2,070 Sq Ft
8,712 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $540,000 $261 Per Sq Ft

9 Days on Market

About This Home

As of March 2023

MUST SEE!!! Larger than it looks, charming Tudor style 2 flat on a 40 x 127 lot, in desirable Portage Park, sits on a beautiful tree lined street. Owner has finished updating and organizing and is ready to move on. Roof new in 2015 and new/2021 ($20,000) waterproofing system keeps basement dry and warm! The basement is heated, with a full bath and would make a great in-law apartment, office or studio. This 2 flat is much larger than it looks from the outside. You'll be impressed with the room sizes! Wide street, large lots and lovely brick homes make this a charming residential location. Owners unit is 3BR with great room sizes, eat in kitchen and deck, and could be duplexed down. Side drive for parking with room to build a garage. #2 rental unit is 1BR with great room sizes, eat in kitchen with balcony. A second BR could be easily added. This property is currently one tax number, but owner will split into two parcels, creating a second lot to the east of 28' x 127'. IF SPLIT, PROPERTY CAN BE SOLD AND CLOSED ON WITH A SURVEY. 2 SEPARATE TAX ID # TAKES ABOUT A YEAR TO FINALIZE. Taxes would be assessed approximately with new sale price. OWNER WOULD ALSO CONSIDER SELLING THE WHOLE LOT (70 x 127) WITH 2 FLAT AND EXTRA SIDE LOT FOR AN IMPROVED PRICE OF $555,000!!! Close to Parks, shopping and Kennedy Expressway. 10 minute walk to Jefferson Park Blue line stop. THERE ARE EXISTING PLANS COMPLETED AND INCLUDED IN SALE OF SIDE LOT TO BUILD A SINGLE FAMILY HOUSE. 2 flat to be delivered vacant at closing. Being sold AS IS.

Last Agent to Sell the Property

Anne Lenzini

Compass License #475169530 Listed on: 01/12/2023

Compass

Last Buyer's Agent

Al Belmonte

Wesley Realty Group License #471010869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,647

Year Built

  • Built in 1954

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Walk-Out Basement
  • Lot Dimensions are 40 x 127

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,647

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Age: 61-70 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: Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 40 X 127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7646.51
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Range of Values:

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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
03/30/2023 03/30/23 Sold $540,000 +25.9% $261 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $429,000 -- $207 / 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: 11699580

Midwest Real Estate Data (MRED)

APN: 13-16-119-023