NOT LISTED FOR SALE
8 Beds
5 Baths
2,466 Sq Ft
1960 Built

Last Sold June 15, 2023

Last sale price $552,000 $224 Per Sq Ft

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • 5-minute walk to Midway Terminal
  • 4-minute walk to Pasteur Park
  • Baseboard Heating

About This Home

As of June 2023

GOLDEN OPPORTUNITY for MIDWAY WEST LAWN MULTI-FAMILY INVESTMENT BUILDING. Premium & rarely available desirable 3 bed 2 full bathrooms/unit floor plans on interior block with primarily SF homes. Walking distance to orange line/ airport terminal, low supply of homes available in trending area, recent investment into Midway by ESPN/ Wintrust Sports Complex, top rated Hancock high school expanding, and the SW Equity program guarantees your property value shining a bright future for the Midway area. Great for owner occupied investors to live mortgage free in a prime location out of the airport noise contour where property values continue to trend higher with continuous investment and development. Single family homes are selling over $400k in the West Lawn Area. Great possibilities with potential in-law arrangements with the garden unit (2 beds-1bath) efficient multi-generational living arrangements with income. Long term tenants are all MTM with 2 bath convenience hard to give up. Garfield Ridge is very expensive leaving West Lawn as exceptional investment opportunity for further price appreciation.....Do Not Delay!!! Property may qualify for up to 10k grant! Ask your loan officer for more info. Brand new roof just installed!

Last Agent to Sell the Property

Halina Bafia

Re/max Millennium License #475129355 Listed on: 04/19/2023

Re/max Millennium

Last Buyer's Agent

Alberto Avila

RE/MAX 10 License #475134051

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,912

Year Built

  • Built in 1960

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,912

Year Built

Built in 1960

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: 1960
  • Age: 61-70 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: 5
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5912.18
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $552,000 +0.4% $224 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $549,900 -- $223 / 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: 11762526

Midwest Real Estate Data (MRED)

APN: 19153060470000