NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 07, 2019

Last sale price $123,000

195 Days on Market

About This Home

As of March 2019

BACK ON THE MARKET DUE TO BUYERS' FINANCING. Classic brick legal 2-flat ready for a new owner. Gut rehabbed in 2012. Each unit is 3bd/1bath with tall ceilings and tons of sunlight. Currently vacant but recently rented for $1050/month each unit for a total of $2100 rent. All utilities are separated so only monthly expense is water and a small ComEd bill for exterior lights. Basement is ready clear and ready for a duplex or 3rd unit. Exterior parking pad is secured by new iron fence. NOI/Trailing 12 has been $21,750 from actual expenses. This is a perfect addition to either a live-in, larger portfolio, or first time investor. Walking distance to whole foods, Kennedy King College, shopping, public transportation. This area is developing very nicely!

Last Agent to Sell the Property

Edouard Pierre

Keller Williams ONEChicago License #475161798 Listed on: 07/12/2018

Keller Williams ONEChicago

Last Buyer's Agent

Ebonie Caldwell

Ebonie Caldwell Realty Portfolio License #471019047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,561

Year Renovated

  • 2012

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • 3,049 Sq Ft Lot

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $23,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,561

Year Renovated

2012

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Other Expenses $: 1980

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125 SF
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 23220
  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4561
  • Tax Year: 2016
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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
03/07/2019 03/07/19 Sold $123,000 -5.4% --
01/23/2019 01/23/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $130,000 0.0% --
07/16/2018 07/16/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $130,000 +120.3% --
11/29/2016 11/29/16 Sold $59,000 -34.4% -- View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $89,900 -5.4% --
07/31/2016 07/31/16 Price Changed $95,000 +10.6% --
07/27/2016 07/27/16 Price Changed $85,900 -12.8% --
07/26/2016 07/26/16 Price Changed $98,500 -10.5% --
07/21/2016 07/21/16 Price Changed $110,000 -8.3% --
07/06/2016 07/06/16 Price Changed $119,900 -7.7% --
12/16/2015 12/16/15 For Sale $129,900 -51.0% --
07/09/2013 07/09/13 Sold $265,000 -7.0% -- View Prior Sale
06/05/2013 06/05/13 Pending -- -- --
07/14/2012 07/14/12 For Sale $285,000 -- --
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 $1,477 $15,001 $938 $14,063
2024 $1,477 $15,001 $938 $14,063
2023 $1,440 $7,001 $1,563 $5,438
2022 $1,440 $7,001 $1,563 $5,438
2021 $1,407 $6,999 $1,562 $5,437
2020 $1,520 $6,824 $2,343 $4,481
2019 $1,558 $7,755 $2,343 $5,412
2018 $1,532 $7,755 $2,343 $5,412
2017 $3,888 $18,059 $2,031 $16,028
2016 $4,561 $22,774 $2,031 $20,743
2015 $4,173 $22,774 $2,031 $20,743
2014 $2,961 $15,958 $1,875 $14,083
2013 $2,902 $15,958 $1,875 $14,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10015588

Midwest Real Estate Data (MRED)
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