NOT LISTED FOR SALE
14 Beds
8 Baths
-- Sq Ft
1905 Built

Last Sold September 14, 2018

Last sale price $575,000

160 Days on Market

About This Home

As of September 2018

Excellent location bordering Hyde Park. U of Chicago employees and students live in this block. 8 units with a few vacant for easy showing. 4 rehabbed units and 4 older units. Condominiums possible. Many new constructions around. Laundry in basement 1 yo, roof 7 yo, porch 7 yo, updated electrical, boiler 7 yo, double pane windows 1 and 6 yo. Two car garage. All violations are cleared. This is a great price. See a similar building 617 E 50th Pl closed at $610K in May 2018. Proof of fund required with offers.

Last Agent to Sell the Property

Pakorn Panajchariya

B & D Enterprise Listed on: 03/01/2018

Co-Listed By

Robert Davis

B & D Enterprise License #471000929

Last Buyer's Agent

LeRoy Willis

LeRoy L. Willis License #471014101

Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Additional Features

  • Partially Finished Basement

Community Details

  • Fuel Expense $7,359
  • Insurance Expense $4,309

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 64790
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1500
  • Roof Coverings: Reflective Coating
  • Roof Structure: Flat
  • Scavenger Expense: 1224
  • Total Annual Exp: 23590
  • Total Annual Income: 89590
  • Total Monthly Income: 7365
  • Number Of Stories: 4
  • Estimated Year Built: 1905
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1905

Interior Features

  • Basement: Partially Finished
  • Total Fireplaces: 6

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 20

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Alarm Monitored, Fire Extinguisher/s
  • Heatventilation: Central Bldg Heat
  • Water Expense: 4083

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 433
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 50X125
  • Parcel Identification Number: 00-00-000-000-0000

Green Features

  • Green Features: Low flow fixtures

Rental Info

  • Gross Rental Income: 88380
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 7359
  • Insurance Expense: 4309

Tax Info

  • Taxes: 6182

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
09/14/2018 09/14/18 Sold $575,000 -3.4% --
08/10/2018 08/10/18 For Sale $595,000 0.0% --
08/08/2018 08/08/18 Pending -- -- --
06/20/2018 06/20/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $595,000 0.0% --
05/07/2018 05/07/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $595,000 0.0% --
03/01/2018 03/01/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $595,000 +77.6% --
11/07/2016 11/07/16 Sold $335,000 -11.6% -- View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $379,000 -- --
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 $10,161 $85,300 $19,250 $66,050
2024 $10,161 $73,000 $19,250 $53,750
2023 $9,904 $48,000 $19,250 $28,750
2022 $9,904 $48,000 $19,250 $28,750
2021 $9,681 $48,000 $19,250 $28,750
2020 $6,573 $29,507 $9,350 $20,157
2019 $6,737 $33,531 $9,350 $24,181
2018 $6,623 $33,531 $9,350 $24,181
2017 $6,645 $30,868 $7,700 $23,168
2016 $6,183 $30,868 $7,700 $23,168
2015 $5,656 $30,868 $7,700 $23,168
2014 $4,372 $23,565 $6,600 $16,965
2013 $4,286 $23,565 $6,600 $16,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09869837

Midwest Real Estate Data (MRED)

APN: 20-10-232-005-0000