Seller's Agent in 2020
Damian Albert
Albert Realty Advisors, LLC
(312) 342-8422
25 Total Sales
Prime opportunity to own a large, brick, legal 3-flat in the rapidly changing Woodlawn community. Great for first-time buyers looking for a solid income property. Also a good pickup for seasoned investors. Building was gut rehabbed in 2008 with new mechanical systems - HVAC, plumbing and electrical. Brand new roof installed in June 2020 and masonry tuckpointing was also recently completed. Top two units (#2 and #3) each feature 1200 sq. ft., 3-bedrooms and 1-bathroom, separate dining rooms, hardwood floors, separate furnaces (forced air) and hot water tanks. Unit #1 is a duplex down featuring 4-bedrooms and 2-bathrooms. Coin-laundry available in basement. Current rents are below market. Gross potential rent is $3900 per month. Unit #3 is vacant and is move-in ready. Property is located steps away from Jewel-Osco, 1.5 blocks from the Green Line, and 1.5 blocks from Washington Park. Woodlawn continues to see increasing private investment, and the City of Chicago has numerous public projects planned for the next 5 years. The site of the future Barack Obama Presidential Center is located 1.3 miles away. Significant market demand for small multifamily properties in the area means this listing won't last long.
Last Agent to Sell the Property
Albert Realty Advisors, LLC License #471020099 Listed on: 07/09/2020
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2020 08/24/20 | Sold | $420,000 | +12.0% | -- |
| 07/15/2020 07/15/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $374,900 | -- | -- |
| 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 | $5,082 | $37,000 | $4,575 | $32,425 |
| 2024 | $5,082 | $37,000 | $4,575 | $32,425 |
| 2023 | $4,936 | $24,000 | $4,575 | $19,425 |
| 2022 | $4,936 | $24,000 | $4,575 | $19,425 |
| 2021 | $4,826 | $24,000 | $4,575 | $19,425 |
| 2020 | $3,617 | $16,237 | $4,575 | $11,662 |
| 2019 | $3,707 | $18,452 | $4,575 | $13,877 |
| 2018 | $3,645 | $18,452 | $4,575 | $13,877 |
| 2017 | $4,052 | $18,824 | $4,026 | $14,798 |
| 2016 | $3,770 | $18,824 | $4,026 | $14,798 |
| 2015 | $3,449 | $18,824 | $4,026 | $14,798 |
| 2014 | $3,207 | $17,282 | $3,294 | $13,988 |
| 2013 | $3,143 | $17,282 | $3,294 | $13,988 |
Seller's Agent in 2020
Damian Albert
Albert Realty Advisors, LLC
(312) 342-8422
25 Total Sales
Buyer's Agent in 2020
Nicole Meding
Baird Warner
(815) 277-6906
56 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 10775788