NOT LISTED FOR SALE
7 Beds
2 Baths
-- Sq Ft
1883 Built

Last Sold October 28, 2016

Last sale price $27,500

59 Days on Market

About This Home

As of October 2016

VERY LARGE 2 UNIT BUILDING FOR SALE AT A GREAT PRICE. LOCATED ON A NICE BLOCK WITH REHAB IN THE AREA, THIS HAS GREAT POTENTIAL. SOLD AS-IS BUT NOT BANK OWNED. THIS HOME IS BEING OFFERED ONLY WITH 0% TAX PRORATIONS, BUT SELLER WILL PAY ALL 2015 AND PRIOR TAX BILLS. SPECIAL WARRANTY DEED AT CLOSING. SELLER WILL NOT PAY FOR SURVEY OR GIVE ANY CLOSING CREDITS. VACANT AND EASY TO SHOW, GREAT OPPORTUNITY TO BUY

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 07/11/2016

Last Buyer's Agent

Lona Reiling

EXIT Strategy Realty License #475144094

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Lot Details

  • Lot Dimensions are 25 x 125

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Sewer-Storm
  • Heating: Forced Air
  • Water Source: Lake Michigan

Lot Info

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

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2729
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
10/28/2016 10/28/16 Sold $27,500 -11.3% --
09/08/2016 09/08/16 Pending -- -- --
08/29/2016 08/29/16 Price Changed $31,000 -4.6% --
08/23/2016 08/23/16 Price Changed $32,500 -6.5% --
08/15/2016 08/15/16 Price Changed $34,750 -12.6% --
08/08/2016 08/08/16 Price Changed $39,750 -6.5% --
08/01/2016 08/01/16 Price Changed $42,500 -10.5% --
07/25/2016 07/25/16 Price Changed $47,500 -12.8% --
07/11/2016 07/11/16 For Sale $54,500 -- --
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 $1,059 $23,000 $3,660 $19,340
2024 $1,059 $23,000 $3,660 $19,340
2023 $1,028 $5,000 $3,660 $1,340
2022 $1,028 $5,000 $3,660 $1,340
2021 $1,005 $5,000 $3,660 $1,340
2020 $2,800 $12,567 $3,660 $8,907
2019 $2,869 $14,281 $3,660 $10,621
2018 $2,821 $14,281 $3,660 $10,621
2017 $3,207 $14,897 $3,220 $11,677
2016 $2,984 $14,897 $3,220 $11,677
2015 $2,730 $14,897 $3,220 $11,677
2014 $2,321 $12,510 $2,635 $9,875
2013 $2,275 $12,510 $2,635 $9,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09282856

Midwest Real Estate Data (MRED)