NOT LISTED FOR SALE
6 Beds
36 Baths
2,410 Sq Ft
3,485 Sq Ft Lot

Last Sold November 22, 2022

Last sale price $268,500 $111 Per Sq Ft

11 Days on Market

About This Home

As of November 2022

Super-clean, brown brick 6-unit value-add play in rapidly appreciating East Englewood! The in-place cap rate is 9%. The building features individual GFAs, updated electrical service (fuses to breakers), 2 new 75 gallon hot water heaters, newer windows (+/-10 years), new porches and tear-off roof (5 years). Intercom system is wired, but exterior buzzers need installation. Nothing to do, but perform interior cosmetic improvements in this stout little performer!

Last Agent to Sell the Property

Scott Siegel

Chicago Real Estate Authority License #471011328 Listed on: 09/26/2022

Last Buyer's Agent

Abdulla Latief

Kale Realty License #475190641

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1920

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 50 x 70

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 36 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $3,500
  • Insurance Expense $1,310
  • Trash Expense $1,224
  • Water Sewer Expense $3,000
  • Operating Expense $11,420
  • Gross Income $4,400
  • Net Operating Income $29,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1920

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property,Highly Confidential
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 36
  • Total Bedrooms: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof: Membrane
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 1224
  • Water Sewer Expenses: 3000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 70
  • Lot Size Sq Ft: 3500
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 29620
  • Fuel Expense: 3500
  • Insurance Expense: 1310
  • ElectricExpense: 360
  • GrossIncome: 4400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 11420
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 2026
  • Tax Year: 2020
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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
11/22/2022 11/22/22 Sold $268,500 -17.4% $111 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $324,900 -- $135 / 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 $1,582 $21,000 $1,065 $19,935
2024 $1,582 $21,000 $1,065 $19,935
2023 $1,542 $7,501 $2,308 $5,193
2022 $1,542 $7,501 $2,308 $5,193
2021 $1,508 $7,499 $2,307 $5,192
2020 $2,026 $9,093 $2,307 $6,786
2019 $2,100 $10,452 $2,307 $8,145
2018 $2,065 $10,452 $2,307 $8,145
2017 $2,995 $13,915 $2,130 $11,785
2016 $3,489 $17,418 $2,130 $15,288
2015 $3,192 $17,418 $2,130 $15,288
2014 $2,565 $13,827 $1,952 $11,875
2013 $2,515 $13,827 $1,952 $11,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11638130

Midwest Real Estate Data (MRED)

APN: 20163140010000

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