$450,000
SOLD MAY 15, 2025
8 Beds
3 Baths
2,596 Sq Ft
1916 Built

Recently Sold

$173 Per Sq Ft

16 Days on Market

Highlights

  • First Floor Utility Room
  • Enclosed Parking
  • Forced Air Heating System
  • Enclosed Balcony

About This Home

As of May 2025

Step into this incredible investment opportunity in a prime location, minutes away from the Midway airport. Seller is offering 10,000 dollars closing credit and a fully furnished unit with full price offer! This well-maintained 2-unit home comes with an additional unit, offering the potential to be rezoned into a full 3-unit property. The remodeled basement (2022) features 2 bedrooms, a full bathroom, a kitchen, and in-unit washer & dryer, making it perfect for landlord/in-law living, an Airbnb, or extra rental income. Each level showcases modern kitchens, a newly resurfaced roof (2025), individual water heaters, and updated windows and furnaces (2018). Enjoy the convenience of enclosed, private parking located at the rear of the building-offering both security and ease of access. A rare find that adds even more value to this incredible property. Whether you're an investor or looking for a multi-generational home, this property is packed with potential. Schedule your showing today-this one won't last!

Last Agent to Sell the Property

Ashley Hay

Z Realty Group License #475176541 Listed on: 03/20/2025

Co-Listed By

Zaneta Sanders

Z Realty Group License #471018950

Last Buyer's Agent

Ana Ramirez

REMAX Legends License #475133214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1916 | Remodeled in 2022

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Enclosed Parking
  • Alley Access
  • Additional Parking

Utilities

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

Additional Features

  • Enclosed Balcony
  • Lot Dimensions are 30 x 125

Community Details

Overview

  • 2 Units
  • 3 Unit

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,896

Year Built

Built in 1916 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Rebuilt Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Room Type: Enclosed Balcony, Utility Room-1st Floor
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Alley Access, Enclosed, Garage Faces Side, On Site, Owned
  • ParkingTotal: 4

Utilities

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

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2896
  • Tax Year: 2022
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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
05/15/2025 05/15/25 Sold $450,000 0.0% $173 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $450,000 +66.7% $173 / Sq Ft
09/12/2019 09/12/19 Sold $270,000 -3.5% $104 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $279,900 -- $108 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $2,970 $23,000 $1,875 $21,125
2024 $2,970 $23,000 $1,875 $21,125
2023 $2,896 $14,000 $3,000 $11,000
2022 $2,896 $14,000 $3,000 $11,000
2021 $2,815 $14,000 $3,000 $11,000
2020 $2,761 $12,316 $3,000 $9,316
2019 $2,896 $14,321 $3,000 $11,321
2018 $2,847 $14,321 $3,000 $11,321
2017 $4,022 $18,561 $2,625 $15,936
2016 $3,742 $18,561 $2,625 $15,936
2015 $2,294 $18,561 $2,625 $15,936
2014 $2,276 $17,719 $2,437 $15,282
2013 $2,284 $17,719 $2,437 $15,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12305085

Midwest Real Estate Data (MRED)

APN: 19242060260000