NOT LISTED FOR SALE
42 Beds
21 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 17, 2020

Last sale price $255,000 $0 Per Sq Ft

20 Days on Market

About This Home

As of December 2020

Located in the heart of Woodlawn, there is not an opportunity such as this on the entire south side and this is one you will not want to pass on! This building is a true 6 unit building, first floor unit on the north side is duplexed into the basement unit, would be a great owners unit while collecting amazing cash flow from the other units. The large center entrance splits the building allowing each unit to truly use the most of the space. Each unit is a full floor unit, large classic living room with decorative fireplaces, sun drenched sun rooms in each unit as well as formal dining room with built ins that provide an extra level of character in each unit. There are two bedrooms in all units, large dining rooms, nice size kitchens and four of the 6 units have separate furnaces, individual heat in each unit! Huge value add! The basement on the south side of the building is great for storage and coin laundry, the building is a diamond in the ruff and will need a buyer who has the vision to bring this back to the original glory days! The location should not be overlooked, less than 4 blocks from Washington Park, minutes from University of Chicago, minutes from Jackson Park and the lakefront, blocks from the Dan Ryan and Red Line! this building offers tremendous upside, amazing cash flow potential, repairs are needed, this is an as-is sale but opportunity does not knock like this very often! Get inside as it will not sit on the market for long at this value!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 11/18/2020

RE/MAX Premier

Last Buyer's Agent

Nicholas Trovas

Re/Max Properties License #475186286

Re/Max Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1909

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Unfinished Basement

Property Details

Home Type

Multi-Family

Year Built

1909

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Roof Coverings: Tar and Gravel
  • Roof Structure: Flat
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1909
  • Type Multi Family: Flats
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1909

Interior Features

  • Basement: Unfinished
  • Total Fireplaces: 6

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: Detached
  • Number Of Parking Spaces: 2

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 51 X 123
  • Lot Sq Ft: 6200
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 20154170080000

Tax Info

  • Taxes: 4431.72

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
Nov 18, 2020
Closed on
Dec 15, 2020
Sold by
Bought by
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Nicholas Trovas
Re/Max Properties
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%

Purchase Details

Closed on
Feb 13, 2019
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
$1,556,000
Interest Rate
0.04%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2012
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
$255,000 Chicago Title
$225,000 Proper Title Llc
-- Stewart Title
-- Chicago Title Land Trust Co
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 $1,556,000
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
12/17/2020 12/17/20 Sold $255,000 -15.0% --
12/08/2020 12/08/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $299,900 -- --
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 $4,652 $46,000 $7,750 $38,250
2024 $4,652 $46,000 $7,750 $38,250
2023 $4,519 $21,969 $7,750 $14,219
2022 $4,519 $21,969 $7,750 $14,219
2021 $5,832 $29,000 $7,750 $21,250
2020 $4,324 $19,411 $7,750 $11,661
2019 $4,432 $22,058 $7,750 $14,308
2018 $4,720 $23,897 $7,750 $16,147
2017 $5,914 $27,471 $6,820 $20,651
2016 $5,502 $27,471 $6,820 $20,651
2015 $5,034 $27,471 $6,820 $20,651
2014 $5,586 $30,108 $5,580 $24,528
2013 $4,656 $30,108 $5,580 $24,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10936926

Midwest Real Estate Data (MRED)

APN: 20154170080000

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