NOT LISTED FOR SALE
6 Beds
3 Baths
2,176 Sq Ft
3,485 Sq Ft Lot

Last Sold July 13, 2021

Last sale price $475,000 $218 Per Sq Ft

11 Days on Market

Highlights

  • Waterfront
  • 3-minute walk to Gladstone Park Station
  • Fenced Yard
  • Taft High School Rated A-
  • Property is near a park
  • 1 Car Detached Garage

About This Home

As of July 2021

BEAUTIFUL BRICK 2-FLAT PLUS ADDITIONAL IN LAW APARTMENT IN BASEMENT IN DESIRABLE GLADSTONE AREA. ALL NEW ELECTRIC WITH CIRCUIT BREAKERS (SEPARATE). APARTMENTS IN TOP CONDITION W/ NATURAL WOODWORK. ALUM CAPPED WINDOWS. ENCLOSED 6X10 REAR PORCH COULD BE AN EXTRA ROOM. ALL UNITS ARE FAIRLY UPDATED. NICE YARD AND A 2 CAR GARAGE. SELLER/BROKER MAKE NO REPRESENTATION OF LEGALITY OF BASEMENT UNIT. . Basement unit is non-conforming FHA will not work.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 05/29/2021

Compass

Co-Listed By

Norbert Mika

Compass License #471001355

Last Buyer's Agent

Angelo Angelos

Classic Realty Group, Inc. License #475179140

Classic Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,586

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 125
  • Waterfront
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Hitch Elementary School

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Property is near a park

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $1,692
  • Water Sewer Expense $2,400
  • Gross Income $49,200
  • Net Operating Income $38,102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,586

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • 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: 6
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 494900
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • 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, Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Elementary School: Hitch Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 38102
  • Insurance Expense: 1692
  • ElectricExpense: 420
  • GrossIncome: 49200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6585.7
  • Tax Year: 2019
  • Tax Exemptions: None

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 Change Sq Ft Price
07/13/2021 07/13/21 Sold $475,000 -4.0% $218 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $494,900 +52.3% $227 / Sq Ft
04/15/2016 04/15/16 Sold $325,000 0.0% $149 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $325,000 0.0% $149 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
02/02/2016 02/02/16 Price Changed $325,000 0.0% $149 / Sq Ft
02/02/2016 02/02/16 For Sale $325,000 +0.9% $149 / Sq Ft
12/17/2015 12/17/15 Price Changed $322,000 -8.0% $148 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $350,000 0.0% $161 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/29/2014 05/29/14 Price Changed $350,000 0.0% $161 / Sq Ft
05/29/2014 05/29/14 For Sale $350,000 +7.7% $161 / Sq Ft
05/19/2014 05/19/14 Off Market $325,000 -- --
05/15/2014 05/15/14 For Sale $300,000 -- $138 / 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: 11104835

Midwest Real Estate Data (MRED)

APN: 13081070250000