NOT LISTED FOR SALE
8 Beds
8 Baths
-- Sq Ft
5,184 Sq Ft Lot

Last Sold November 16, 2022

Last sale price $875,000

44 Days on Market

About This Home

As of November 2022

8-unit building in Portage Park with 7 foot basement ceiling potential & enclosed porches. Six units have 4 rooms/1 bed/1 bath, & two units have 3 rooms/1 bed/1 bath. No deferred maintenance. 2021 new hot water tank, 2015 new roof, 2017 new boiler 2018 lintels and tuckpointing, 2018 sewer line. The building has been completely rewired, & it has new copper plumbing stacks. Newer appliances in all units. Good condition. Excellent walk score. Current rent and financials attached.

Last Agent to Sell the Property

andrew klemen

Andrew Klemen License #471017872 Listed on: 08/13/2022

Last Buyer's Agent

John Campas

Baird & Warner License #475154566

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,804

Year Built

  • Built in 1930

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 43 x 124

Home Design

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

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $397
  • Fuel Expense $9,784
  • Insurance Expense $3,493
  • Trash Expense $2,244
  • Water Sewer Expense $3,441
  • Operating Expense $22,163
  • Gross Income $104,028
  • Net Operating Income $81,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,804

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Fireplaces: 1
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 955000
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Hot Water
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 2244
  • Water Sewer Expenses: 3441
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 43 X 124
  • Lot Size Sq Ft: 5184
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 81865
  • Fuel Expense: 9784
  • Insurance Expense: 3493
  • ElectricExpense: 397
  • GrossIncome: 104028
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 22163
  • Expense Year: 2021
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8804
  • Tax Year: 2020

Range of Values:

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Average Value
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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 Change Sq Ft Price
11/16/2022 11/16/22 Sold $875,000 0.0% --
10/31/2022 10/31/22 Off Market $875,000 -- --
09/29/2022 09/29/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $955,000 -4.0% --
08/30/2022 08/30/22 For Sale $995,000 0.0% --
08/22/2022 08/22/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $995,000 +29.5% --
06/25/2018 06/25/18 Sold $768,163 -6.9% --
04/26/2018 04/26/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $825,000 -- --
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: 11492359

Midwest Real Estate Data (MRED)

APN: 13292310010000