NOT LISTED FOR SALE
12 Beds
4 Baths
4,827 Sq Ft
1945 Built

Last Sold June 07, 2024

Last sale price $365,000 $76 Per Sq Ft

21 Days on Market

About This Home

As of June 2024

An exceptional investment opportunity awaits in the thriving Woodlawn neighborhood. Explore this distinguished three-unit brick building, featuring fourth coach unit discreetly situated at the rear, perched above the garage. This property radiates immense potential, further accentuated by its recent roof membrane replacement. While the interior requires significant renovation, similar properties in the area command an impressive After Repair Value (ARV) of approximately $750,000. What truly sets this property apart is its prime location, offering close proximity to prestigious institutions such as The University of Chicago and The Obama Presidential Center. Additionally, residents can enjoy the recreational charm of the nearby Jackson Park Golf Course and the serene beauty of Lake Michigan, all easily accessible via the scenic route of Lake Shore Drive.

Last Agent to Sell the Property

Elias Masud

Compass License #475163294 Listed on: 02/14/2024

Compass

Last Buyer's Agent

Nadia Putro

Berkshire Hathaway HomeServices American Heritage License #475130727

Berkshire Hathaway HomeServices American Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1945

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1945

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 12
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • 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: 3746
  • Tax Year: 2022

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 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
06/07/2024 06/07/24 Sold $365,000 -18.9% $76 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $449,999 -- $93 / 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 $3,505 $48,500 $3,906 $44,594
2024 $3,505 $36,000 $3,906 $32,094
2023 $3,405 $16,554 $3,906 $12,648
2022 $3,405 $16,554 $3,906 $12,648
2021 $3,329 $16,553 $3,906 $12,647
2020 $3,831 $17,199 $3,906 $13,293
2019 $3,927 $19,545 $3,906 $15,639
2018 $4,431 $22,431 $3,906 $18,525
2017 $4,661 $21,654 $3,437 $18,217
2016 $4,992 $24,924 $3,437 $21,487
2015 $4,567 $24,924 $3,437 $21,487
2014 $4,473 $24,110 $2,812 $21,298
2013 $4,385 $24,110 $2,812 $21,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11980552

Midwest Real Estate Data (MRED)

APN: 20154030160000

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