NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold January 24, 2022

Last sale price $700,000

About This Home

As of January 2022

Sold Off Market. Executive Living On a Double Lot In Midway Area with Great Shopping! Jumbo 3 Unit Brick Building on a Desirable Corner Lot. Well-Lit Property With Great Curb Appeal On 57x125 Oversized Lot. All Units Have 3 Large Bedrooms. Unit 2: Almost 1400 sq feet. Deluxe Owner's Unit 3 Beds 2 full Baths + Private Oversized Brick 2 Car Garage with Large Apron for a Third Car). Unit updated With hardwood floors and beautiful ceramic. New Custom Kitchen Cabinets, Quartz Counters, Dishwasher & Microwave Oven; 2nd Kitchenette In Master BR suite. Juliet Balcony, New Flooring & Ceramic Throughout, All New Six Panel Doors and Carpentry; In Unit Laundry Room W/D Hookup. Unit 1: Almost 1300 sq. ft. (3 BR 2 BA, WIC + Newer Private Oversized Garage) Features Spacious Living & Formal Dining Room, Master Suite With Full Bath & Walk In Closet, Hardwood Floors Throughout. Unit G (3 BR, 1 BA + 2 Off Street Private Parking Spots). Features Spacious Layout & Quality Finishes. Perfect Candidate For Related Living. Currently All Units Except Owner's Unit Are Rented. Coin Laundry Income $300/Month. All Units Feature newer A/C. Upgrades Completed in 2016-2018 include: Brand New Complete Tear Off Roof, New 200 Amp Service, New Soundproof Windows, Custom Security Camera & Motion Activated Lighting System Throughout Entire Property. Total 4 Garage Spots (2 Separate 2 Car Garages) Plus 3 Off Street Parking Spots. 1 Garage is currently rented MTM for $400. Strong and Quiet Tenants In Place For Years, With 3 Month Security Deposits. Walking Distance To Orange Line, CTA, Hale Grammar School. Close to Ace Hardware, Aldi's, Costco, Fair Share Grocery, Jewel/Osco, 7-11 Store, Shop-And-Save & Walgreens: Bank of America, Chase, 5th/3rd & TCF Bank: Barnelli's, Chipotle, Dunkin Donuts, Giordano's, Lou Malnati's Pizza, & Starbucks: Best Buy, Home Depot, Lowes, Kohl's, Target, & Wal-Mart: Numerous Medical Service Providers, etc. Total Monthly Income Projected At $6,100 Once Owner's Unit Is Leased.

Last Agent to Sell the Property

Ledio Samarxhiu

Real Broker LLC License #471021671 Listed on: 05/21/2021

Last Buyer's Agent

Ledio Samarxhiu

Real Broker LLC License #471021671 Listed on: 05/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57 x 125

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Hale Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $3,000
  • Maintenance Expense $1,200
  • Professional Management Expense $1,200
  • Water Sewer Expense $2,400
  • Gross Income $73,200
  • Net Operating Income $57,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1958

Lot Details

6,970 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1200
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • OtherStructures: Second Garage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Off Street
  • ParkingTotal: 7
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Elementary School: Hale Elementary School
  • Middle/Junior School: Hale Elementary School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 57 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 57993
  • Fuel Expense: 3000
  • ElectricExpense: 900
  • GrossIncome: 73200
  • Maintenance Expense: 1200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6331.21
  • Tax Year: 2020
  • Tax Exemptions: Homeowner
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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
01/24/2022 01/24/22 Sold $700,000 +0.1% --
01/24/2022 01/24/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $699,000 -- --
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 $6,576 $69,000 $9,971 $59,029
2024 $6,576 $69,000 $9,971 $59,029
2023 $5,705 $31,001 $8,903 $22,098
2022 $5,705 $31,001 $8,903 $22,098
2021 $5,564 $30,999 $8,902 $22,097
2020 $6,331 $31,339 $7,122 $24,217
2019 $6,507 $35,613 $7,122 $28,491
2018 $6,397 $35,613 $7,122 $28,491
2017 $5,477 $28,652 $6,409 $22,243
2016 $5,273 $28,652 $6,409 $22,243
2015 $4,804 $28,652 $6,409 $22,243
2014 $4,887 $28,705 $6,053 $22,652
2013 $5,088 $30,379 $6,053 $24,326
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11310313

Midwest Real Estate Data (MRED)
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