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

Sale Details

Date 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Clearing, IL

See All Agents

Property 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 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)

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11310313

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.