NOT LISTED FOR SALE
4 Beds
5 Baths
-- Sq Ft
1922 Built

Sale Details

Date Sold: August 5, 2024

Last sale price $670,000

19 Days on Market

Highlights

  • Fenced Yard
  • 2.5 Car Detached Garage
  • Patio
  • Separate Outdoor Workshop
  • Soaking Tub
  • Home Security System

About This Home

As of August 2024

Prepare to be STUNNED by this immaculately remodeled 2 (possibly 3) unit property in one of the most desirable locations! Buy for yourself and offset the mortgage significantly, or start cash flowing immediately as an investor by finishing the 3rd unit (current rents are under market value, leases up in July). The previous owner tore it down to the studs and rebuilt with an unprecedented level of quality and detail. The curb appeal is undeniable, featuring fresh concrete stairs and sidewalk/gangway, a spacious front porch with composite deck boards, an outdoor fan, and modern black cable railings. The units each have separate entrances, tankless water heaters, furnaces, water meters, ACs, and electrical panels. The entire building has all new plumbing, electrical, appliances, mechanicals, almost all new windows, and spray foam insulation. Each unit's materials are top of the line, as this was the owner's primary residence. Enjoy the statement tile in the foyer, wood laminate flooring, a shiplap accent wall with built in electric fireplace, and a spacious dining area. The kitchen has quartz countertops, white cabinets with exposed glass on top, a pot filler, range hood, farmhouse sink, and stainless steel appliances. The bedrooms are nicely appointed and both feature closet organizers. The 1st bathroom has a 32 inch deep soaker tub and the 2nd has an extra large glass shower featuring ceramic tile flooring. The bonus room can be used for an office, bedroom, or extra storage. The 2nd unit is an identical layout and same caliber of materials, but all different color choices and details. It's truly a sight to be seen! The basement was dug down 2.5 feet to increase ceiling height, has its own electrical panel, is already plumbed for a kitchen, and there is an obvious location to frame the bedroom. The basement bathroom is gorgeous and has yet another glass shower! No detail was spared - the drain tile system goes 4.5 feet up the wall ensuring no moisture ever and the security system stays! The yard is low maintenance and trendy, and the 2.5 car garage has a 220 electrical panel and a huge storage area in the attic.

Last Agent to Sell the Property

Stephanie Welter

Keller Williams Success Realty License #475186676 Listed on: 06/12/2024

Keller Williams Success Realty

Last Buyer's Agent

Jacqueline Alter

Redfin Corporation License #475170587

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,557

Year Built

  • Built in 1922 | Remodeled in 2018

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Basement Storage

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Lot Details

  • Lot Dimensions are 30 x 124
  • Fenced Yard
  • Paved or Partially Paved Lot

Schools

  • Lyon Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $276
  • Gross Income $44,400
  • Net Operating Income $41,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,557

Year Built

Built in 1922 | Remodeled in 2018

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Security Cameras
  • Basement Description: Finished,Sleeping Area,Storage Space
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Cable Access, Workshop
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 276

Schools

  • Elementary School: Lyon Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 124
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 41088
  • GrossIncome: 44400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5556.59
  • Tax Year: 2022
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $670,000 -2.2% --
07/02/2024 07/02/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $685,000 +110.8% --
05/14/2018 05/14/18 Sold $325,000 0.0% -- View Prior Sale
04/03/2018 04/03/18 Pending -- -- --
03/31/2018 03/31/18 Off Market $325,000 -- --
03/23/2018 03/23/18 For Sale $324,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,700 $36,000 $13,020 $22,980
2024 $5,700 $36,000 $13,020 $22,980
2023 $5,557 $27,000 $10,416 $16,584
2022 $5,557 $27,000 $10,416 $16,584
2021 $5,433 $27,000 $10,416 $16,584
2020 $5,488 $24,619 $4,650 $19,969
2019 $5,689 $28,298 $4,650 $23,648
2018 $5,593 $28,298 $4,650 $23,648
2017 $6,244 $28,989 $4,092 $24,897
2016 $5,809 $28,989 $4,092 $24,897
2015 $5,315 $28,989 $4,092 $24,897
2014 $4,596 $24,753 $3,720 $21,033
2013 $4,505 $24,753 $3,720 $21,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12081971

Midwest Real Estate Data (MRED)
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