NOT LISTED FOR SALE
21 Beds
11 Baths
-- Sq Ft
1924 Built

Last Sold March 14, 2022

Last sale price $700,000

8 Days on Market

About This Home

As of March 2022

Eleven unit building located in charming Chatham neighborhood. 10 units are two bedroom/one bathroom, one unit is one bedroom/one bathroom. Fully occupied, individually heated.

Last Agent to Sell the Property

Zorica Ledic

PRIME MGT REALTY LLC License #475148819 Listed on: 02/07/2022

Last Buyer's Agent

Michael Gunderson

eXp Realty License #471012834

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,352

Year Built

  • Built in 1924

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 11 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $1,056
  • Fuel Expense $6,841
  • Insurance Expense $4,049
  • Trash Expense $1,992
  • Water Sewer Expense $6,868
  • Operating Expense $38,238
  • Gross Income $122,232
  • Net Operating Income $83,994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,352

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 11
  • Total Bedrooms: 21
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 1992
  • Water Sewer Expenses: 6868

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 83994
  • Fuel Expense: 6841
  • Insurance Expense: 4049
  • ElectricExpense: 1056
  • GrossIncome: 122232
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 38238
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 13352
  • Tax Year: 2020
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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
03/14/2022 03/14/22 Sold $700,000 -6.7% --
02/16/2022 02/16/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $749,900 +163.1% --
10/29/2015 10/29/15 Sold $285,000 -24.0% -- View Prior Sale
07/30/2015 07/30/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $375,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11319533

Midwest Real Estate Data (MRED)