NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
1906 Built

Highlights

  • 2 Car Detached Garage
  • 3-minute walk to Cottage Grove Station
  • 5-minute walk to Harris (Harriet) Park
  • Forced Air Heating System

About This Home

Attn: Investors - Tenants in Place - Excellent opportunity - 2 Flat Brick - 1st Floor 4Br 2Bath - 2nd Flr 3Br 1Bth - Good condition. This is a Short Sale / Bank Need s to Approval all Offers.

Last Agent to Sell the Property

Pedro Ferrel

A.R.E. Partners Inc. License #471009087 Listed on: 02/21/2015

Last Buyer's Agent

Pedro Ferrel

A.R.E. Partners Inc. License #471009087 Listed on: 02/21/2015

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1906

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 121

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $26,040
  • Net Operating Income $21,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1906

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 4794

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 121
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 21246
  • GrossIncome: 26040
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3094
  • Tax Year: 2013

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

Closed on
Jul 23, 2017
Sold by
Ventus Holdings Llc
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
$750,000
Outstanding Balance
$609,694
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2016
Sold by
Elman Michael B
Bought by
Ventus Holdings Llc

Purchase Details

Listed on
Feb 21, 2015
Closed on
May 24, 2015
Sold by
Hawkins Leo
Bought by
Elman Michael
Seller's Agent
Pedro Ferrel
A.R.E. Partners Inc.
Buyer's Agent
Pedro Ferrel
A.R.E. Partners Inc.
List Price
$87,500
Sold Price
$81,000
Premium/Discount to List
-$6,500
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2005
Sold by
Jones George M
Bought by
Hawkins Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 1994
Sold by
Va
Bought by
Jones George M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
Ventus Holdings Llc -- First American Title Insuran
Elman Michael $81,000 Attorney
Hawkins Leo $125,000 Chicago Title Insurance Comp
Jones George M -- --
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
Open $750,000
Closed Ventus Portfolio I Llc $750,000
Previous Owner Elman Michael $64,800
Previous Owner Hawkins Leo $25,000
Previous Owner Hawkins Leo $100,000
Source: Public Records

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 $3,176 $21,281 $3,813 $17,468
2024 $3,176 $21,281 $3,813 $17,468
2023 $3,085 $15,001 $3,813 $11,188
2022 $3,085 $15,001 $3,813 $11,188
2021 $3,016 $14,999 $3,812 $11,187
2020 $2,944 $13,217 $3,812 $9,405
2019 $3,018 $15,020 $3,812 $11,208
2018 $2,967 $15,020 $3,812 $11,208
2017 $3,652 $16,965 $3,355 $13,610
2016 $3,398 $16,965 $3,355 $13,610
2015 $3,109 $16,965 $3,355 $13,610
2014 $3,156 $17,010 $2,745 $14,265
2013 $3,094 $17,010 $2,745 $14,265
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08844924

Midwest Real Estate Data (MRED)
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