Seller's Agent in 2020
Ann Connolly
Baird & Warner
(312) 476-0224
2 in this area
55 Total Sales
554 W 43rd St Chicago, IL 60609
Bridgeport Neighborhood
8
Beds
5
Baths
2,600
Sq Ft
2004
Built
About This Home
As of September 2020Well maintained brick 2 flat with non-conforming garden unit. Built in 2004, building features 3 units with better than 7% cap rate. Unit 2 is a 3 bedroom/2 bath unit with cathedral ceiling, hardwood floors, central air and in-unit w/d. Unit 1 is a 3 bedroom/2 bath unit with in-unit w/d. Garden unit is a 2 bedroom/1 bath with lr,dr, coin-op w/d, tile and carpet and additional storage. Five exterior parking spaces. Excellent cash flow and well-maintained building (see additional information). Tenants pay all their own utilities, owner pays only sewer and water and common electric. Can be sold as a package with 552 W. 43rd.
Last Agent to Sell the Property
Baird & Warner License #475102280 Listed on: 07/28/2020
Last Buyer's Agent
Gary Lucido
Lucid Realty, Inc. License #471004524
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,750
Year Built
- Built in 2004
Home Design
- Brick Exterior Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 5 Bathrooms
Parking
- 5 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25x125
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $420
- Insurance Expense $1,062
- Water Sewer Expense $1,920
- Gross Income $50,340
- Net Operating Income $42,188
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2020
Closed on
Sep 14, 2020
Sold by
Bought by
Seller's Agent
Ann Connolly
Baird & Warner
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$500,000
Sold Price
$468,000
Premium/Discount to List
-$32,000
-6.4%
Purchase Details
Closed on
Dec 7, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0627%
Mortgage Type
Commercial
Purchase Details
Closed on
May 3, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
0.075%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $468,000 | Proper Title Llc | ||
| $400,000 | Fidelity Natl Title Ins Co | ||
| $90,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $300,000 | ||
| Previous Owner | $144,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2020 09/18/20 | Sold | $468,000 | -6.4% | $180 / Sq Ft |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $500,000 | -- | $192 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,229 | $43,606 | $2,500 | $41,106 |
| 2024 | $8,229 | $43,606 | $2,500 | $41,106 |
| 2023 | $8,022 | $39,000 | $3,125 | $35,875 |
| 2022 | $8,022 | $39,000 | $3,125 | $35,875 |
| 2021 | $7,843 | $39,000 | $3,125 | $35,875 |
| 2020 | $4,634 | $20,802 | $3,125 | $17,677 |
| 2019 | $4,749 | $23,639 | $3,125 | $20,514 |
| 2018 | $4,880 | $24,705 | $3,125 | $21,580 |
| 2017 | $5,643 | $26,212 | $2,812 | $23,400 |
| 2016 | $5,250 | $26,212 | $2,812 | $23,400 |
| 2015 | $4,803 | $26,212 | $2,812 | $23,400 |
| 2014 | $4,960 | $26,732 | $2,656 | $24,076 |
| 2013 | $4,862 | $26,732 | $2,656 | $24,076 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Connolly
-
G
Buyer's Agent in 2020
Gary Lucido
Lucid Realty, Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10798065
APN: 20041290260000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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