$852,000
SOLD FEB 27, 2025
9 Beds
6 Baths
-- Sq Ft
2024 Built

Recently Sold

1% Below List Price

45 Days on Market

Highlights

  • New Construction
  • 5-minute walk to Cottage Grove Station
  • Contemporary Architecture
  • Landscaped Professionally
  • Deck
  • Fenced Yard

About This Home

As of February 2025

Gorgeous NEW Construction 3-unit in Booming Woodlawn. Set alongside multiple other New Developments, this is the most contemporary of them all. Built by an experienced local builder and includes 1 year developer's warranty. Contemporary & Modern design with the perfect blend of city living and convenience, close to the Green Line just a short walk away and the University of Chicago and Obama Library. Each unit has a spacious, open-concept layout and condo quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in unit laundry, and beautifully tiled floors. Each unit is a large, 1,400 sq ft 3 bed/ 2 bath, with a luxury master bathroom at the rear. The units will rent easily and proforma rents are $7,200/month. Top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Additionally, the developer added soundproofing for added privacy. Prime investment opportunity, positioned for cash flow, appreciation and creating generational wealth in this high inflation environment. Can arrange property management for any out-of-state buyers.

Last Agent to Sell the Property

Lawrence Dunning

Fulton Grace Realty License #475164126 Listed on: 11/23/2024

Fulton Grace Realty

Last Buyer's Agent

Richard Lomax

Fulton Grace Realty License #471019124

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 3667.5 30x122.25
  • Fenced Yard
  • Landscaped Professionally

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Soaking Tub
  • Separate Shower

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Side or Rear Entrance to Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary, Tri-Level
  • New Construction: Yes
  • Year Built: 2024
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: Water Heater-Electric
  • Basement Description: Slab
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dryer,Microwave,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped, Sidewalks
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Parking Features: Unassigned, Off Alley, Rear/Side Entry, Storage
  • ParkingTotal: 3
  • 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: Sidewalks
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 3667.5 30X122.25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/27/2025 02/27/25 Sold $852,000 -0.8% --
01/07/2025 01/07/25 Pending -- -- --
11/23/2024 11/23/24 For Sale $859,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12216008

Midwest Real Estate Data (MRED)