NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
1908 Built

Last Sold March 21, 2024

Last sale price $373,750

42 Days on Market

Highlights

  • Sitting Room
  • 5-minute walk to King Drive Station
  • Paved or Partially Paved Lot
  • Enclosed Patio or Porch
  • Entrance Foyer

About This Home

As of March 2024

Welcome to the perfect home for a portfolio add or owner occupant alike - a well-maintained 2-flat property located in one of the most desired pockets of the near southeast communities. Nestled down the street from the site for the upcoming Obama Presidential Center and just blocks away from the prestigious University of Chicago, this gem is minutes from downtown and situated in the thriving community of Woodlawn. This 2-flat with a finished basement is a turnkey investment, ready for a new owner to capitalize on its potential. Walk in the the door with guaranteed income from the delightful first floor tenant. The first floor is a duplex down 4-bed, 2-bath unit with lots of space and storage featuring in-unit laundry, granite countertops, stainless steel appliances, and charming original features. The vacant second floor mirrors these upgrades with a 3-bed, 1-bath unit with rays of natural light pouring in. Each unit is adorned with original hardwood floors, a spacious living and dining area, and an enclosed back porch that adds valuable storage space and are designed for the modern investor, with separate utilities, central heating and air, and in-unit laundry. As a new owner, you have a variety of options with this property - whether you choose to hold it as a lucrative investment or occupy one of the units while renting out the other, the possibilities are endless. Secure your piece of Woodlawn and your investment future with this exceptional property in the heart of the southeast side. Contact us now to schedule a viewing and make this investment yours today!

Last Agent to Sell the Property

Naja Morris

@properties Christie's International Real Estate License #475145046 Listed on: 12/07/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Entrance Foyer
  • Sitting Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Two Flat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch, Foyer, Sitting Room
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Unassigned, Off Alley
  • ParkingTotal: 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, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4423.97
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $373,750 -6.3% --
01/19/2024 01/19/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $399,000 -3.9% --
12/07/2023 12/07/23 For Sale $415,000 +54.3% --
02/27/2020 02/27/20 Sold $269,000 -3.6% -- View Prior Sale
01/04/2020 01/04/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $279,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $3,956 $26,000 $3,915 $22,085
2024 $3,956 $31,000 $3,915 $27,085
2023 $3,821 $22,000 $3,915 $18,085
2022 $3,821 $22,000 $3,915 $18,085
2021 $4,424 $22,000 $3,915 $18,085
2020 $3,129 $17,149 $3,915 $13,234
2019 $3,226 $19,488 $3,915 $15,573
2018 $3,850 $19,488 $3,915 $15,573
2017 $4,606 $21,397 $3,445 $17,952
2016 $4,286 $21,397 $3,445 $17,952
2015 $3,921 $21,397 $3,445 $17,952
2014 $2,690 $14,500 $2,818 $11,682
2013 $2,637 $14,500 $2,818 $11,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11941588

Midwest Real Estate Data (MRED)