NOT LISTED FOR SALE
6 Beds
3 Baths
3,234 Sq Ft
1899 Built

Sale Details

Date Sold: May 16, 2024

Last sale price $735,000 $227 Per Sq Ft

3 Days on Market

About This Home

As of May 2024

Presenting a rare gem in the Tri-Taylor/Illinois Medical District area. This multi-family property stands as a great investment opportunity, perfectly positioned next to the the Illinois Medical District and UIC, and is a 15 minute public transit ride from the Loop and is a quick walk to the West Loop. The property has a two car brick garage and there is ample zone 5 street permit parking on the block. This building has been well maintained by its owner and has had recent replaces and maintenance done to its roof, furnaces, hot water heaters, and plumbing. The building has three units, each with spacious bedrooms and high ceilings. This property presents a great opportunity to live in one unit and rent out the others, rent out all three units, and to boost cash flow by renting the units as furnished rentals to travel nurses. Do not miss out on this opportunity while it lasts!

Last Agent to Sell the Property

Ben Sussman

GC Realty and Development, LL License #475199430 Listed on: 04/11/2024

Last Buyer's Agent

Tameka Lewis-Madkins

Keller Williams Preferred Rlty License #475167275

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,140

Year Built

  • Built in 1899

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Partial Basement
  • Lot Dimensions are 25x109
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,140

Year Built

Built in 1899

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • 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: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25X109
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 14140
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 14, 2024
Sold by
Bought by
Seller's Agent
Ben Sussman
GC Realty and Development, LL
Buyer's Agent
Tameka Lewis-Madkins
Keller Williams Preferred Rlty
List Price
$730,000
Sold Price
$735,000
Premium/Discount to List
$5,000
0.68%
Views
32

Purchase Details

Closed on
Sep 19, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
0.0462%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$735,000 Proper Title
-- Attorney
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $233,000
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
05/16/2024 05/16/24 Sold $735,000 +0.7% $227 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $730,000 -- $226 / Sq Ft
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 $13,092 $73,000 $15,260 $57,740
2024 $13,092 $73,000 $15,260 $57,740
2023 $13,784 $61,840 $12,263 $49,577
2022 $13,784 $66,789 $12,263 $54,526
2021 $14,140 $70,085 $12,262 $57,823
2020 $11,020 $49,302 $9,265 $40,037
2019 $12,059 $59,822 $9,265 $50,557
2018 $11,855 $59,822 $9,265 $50,557
2017 $8,745 $40,483 $8,175 $32,308
2016 $8,108 $40,483 $8,175 $32,308
2015 $7,418 $40,483 $8,175 $32,308
2014 $6,274 $33,816 $6,812 $27,004
2013 $6,150 $33,816 $6,812 $27,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026837

Midwest Real Estate Data (MRED)

APN: 17173050060000

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