NOT LISTED FOR SALE
5 Beds
3 Baths
2,512 Sq Ft
1923 Built

Last Sold July 17, 2023

Last sale price $590,000 $235 Per Sq Ft

5 Days on Market

About This Home

As of July 2023

Turn key investment property in West Ridge. Brick 2 unit with a finished basement unit. The two main units are 2 bedroom, 1 bath plus an enclosed sunroom and back enclosed porch. The 2 floor plans are nearly identical with a large living room, dining room and an eat-in kitchen, hardwood floors and newer windows. Finished basement with 1br, 1ba, living room and large kitchen. Common laundry area with exercise/storage area. The enclosed back stairway gives easy access to the fenced back yard and the 2 car garage. Solid and well maintained building with spot tuckpointing done in 2020 and 1 newer A/C condenser (2017), 3 electrical panels, 2 gas meters, 2 hot water tanks, 2 HVAC systems. Close to public transportation. There are parks, schools, shopping, Lake Michigan, Loyola and many restaurant options nearby. This property cash flows for investors and owner-occupants alike.

Last Agent to Sell the Property

Nicole Hajdu

Baird & Warner License #475130785 Listed on: 05/08/2023

Last Buyer's Agent

Guljit Singh

Statewide Home Realty Inc License #475137325

Statewide Home Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,179

Year Built

  • Built in 1923

Parking

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

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,179

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Microwave,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8178.91
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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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
07/17/2023 07/17/23 Sold $590,000 +0.9% $235 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $585,000 -- $233 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $8,585 $60,000 $13,764 $46,236
2024 $8,585 $60,000 $13,764 $46,236
2023 $8,347 $44,000 $11,160 $32,840
2022 $8,347 $44,000 $11,160 $32,840
2021 $8,179 $44,003 $11,163 $32,840
2020 $8,582 $41,626 $6,696 $34,930
2019 $8,924 $47,846 $6,696 $41,150
2018 $8,773 $47,846 $6,696 $41,150
2017 $7,279 $37,187 $5,952 $31,235
2016 $6,948 $37,187 $5,952 $31,235
2015 $6,334 $37,187 $5,952 $31,235
2014 $6,385 $36,983 $5,580 $31,403
2013 $6,726 $36,983 $5,580 $31,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11778158

Midwest Real Estate Data (MRED)

APN: 13014230030000