NOT LISTED FOR SALE
21 Beds
-- Bath
-- Sq Ft
1912 Built

Sale Details

Date Sold: August 24, 2016

Last sale price $800,000

1 Day on Market

Highlights

  • Courtyard
  • 3-minute walk to Cottage Grove Station
  • 3-minute walk to Harris (Harriet) Park

About This Home

As of August 2016

This beautiful red brick building sits on the corner of Evans and 62nd, steps from Washington Park, proposed site of the Obama library, U of C campus and tons of other development in the area. Features 9 one bedroom units and 6 two bedroom units. Building underwent quality gut rehab in 99 so all the heavy work is done, but does require some cosmetic attention and a dose of good management. Once owned by Cab Calloway, the halls and foyers still retain the glamour of that bygone era. Excellent excellent potential. Listed rental rates are proforma. Building has 3 vacancies. Seller has assumable mortgage from IHDA for $400k at 1%.

Last Agent to Sell the Property

Andrew Matson

Redfin Corporation Listed on: 05/25/2016

Last Buyer's Agent

Andrew Matson

Redfin Corporation Listed on: 05/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,320

Year Built

  • Built in 1912

Interior Spaces

  • 21 Bedrooms
  • 3-Story Property

Additional Features

  • Courtyard
  • Radiator

Community Details

  • 15 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,320

Year Built

Built in 1912

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 21
  • Room: 0

Utilities

  • Heat/Ventilation: Radiators

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 9568
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • NumberOfUnitsTotal: 15
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 11320
  • Tax Year: 2014
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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
08/24/2016 08/24/16 Sold $800,000 -5.9% --
05/26/2016 05/26/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $849,900 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09238088

Midwest Real Estate Data (MRED)
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