NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
1922 Built

Sale Details

Date Sold: August 5, 2022

Last sale price $366,500

48 Days on Market

About This Home

As of August 2022

Rare gem in Chicago Lawn area for the savvy investor. Check out this beautiful multi-unit property. Live in 1 unit. Mortgage paid / supported by rents. Owners unit includes kitchen w/ quartz countertops, 42 inch maple cabinets, new stainless-steel appliances, huge oversized kitchen sink. Separate dining and living areas, crown molding and wainscoting trims throughout, beautifully re-finished HW floors. Entire building gut rehabbed in 2010 with 2 excellent long-term tenants. (11 yrs and 2 1/2 yrs). Rents have not been raised and can be higher. Very-well maintained and updated. New plumbing / electrical, individual HVAC units / hot water heaters in each unit, new windows, new roof. Kitchens and baths (in 2 rental units) rehabbed in 2010 and 2015. 3rd unit rehabbed in 2021. New tuck-pointing 2021, brand new parking lot. Basement has water check-valve system installed to keep water out. Coin-op Laundry in the basement provides additional monthly income. Many details have been considered and completed on this building that other re-habbers miss.

Last Agent to Sell the Property

Noel Baker

HomeSmart Connect LLC License #471023113 Listed on: 04/17/2022

HomeSmart Connect LLC

Last Buyer's Agent

Scott Schoon

Keller Williams Preferred Rlty License #475143110

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1922 | Remodeled in 2022

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Fenced Yard

Community Details

Building Details

  • Water Sewer Expense $100
  • Gross Income $21,600

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 1922 | Remodeled in 2022

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Driveway, Alley Access, Parking Lot
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 100

Lot Info

  • Lot Dimensions: 3750 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 21600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 2624.71
  • Tax Year: 2020
  • 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
08/05/2022 08/05/22 Sold $366,500 -6.0% --
06/07/2022 06/07/22 For Sale $390,000 0.0% --
06/05/2022 06/05/22 Pending -- -- --
05/18/2022 05/18/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $390,000 -- --
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 $888 $34,000 $1,875 $32,125
2024 $888 $34,000 $1,875 $32,125
2023 $1,879 $15,000 $3,000 $12,000
2022 $1,879 $15,000 $3,000 $12,000
2021 $3,016 $15,000 $3,000 $12,000
2020 $2,625 $11,706 $3,000 $8,706
2019 $2,752 $13,612 $3,000 $10,612
2018 $2,706 $13,612 $3,000 $10,612
2017 $4,013 $18,521 $2,625 $15,896
2016 $3,734 $18,521 $2,625 $15,896
2015 $3,419 $18,521 $2,625 $15,896
2014 $3,257 $17,420 $2,437 $14,983
2013 $3,194 $17,420 $2,437 $14,983
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11377409

Midwest Real Estate Data (MRED)
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