NOT LISTED FOR SALE
3 Beds
6 Baths
3,720 Sq Ft
1979 Built

Last Sold June 02, 2021

Last sale price $442,000 $119 Per Sq Ft

9 Days on Market

About This Home

As of June 2021

*******MULTIPLE OFFERS RECEIVED...HIGHEST AND BEST OFFERS DUE BY WEDNESDAY 3/24/21 6PM - SEE IT WHILE YOU CAN************.....Multifamily investors! Look no further! Newly listed 3 unit in Clearing neighborhood of Southwest Chicago! This fully occupied 3 unit building brings unlimited opportunities to the new owner; 2 units 3 beds with 1.5 baths, along with a long term salon tenant on the ground unit. Bring in additional rental income with the detached 2 car garage in the back! Tenants responsible for their own Gas/heat and electric - the largest expenses. Each unit has their own furnace and electric meter. Current owner only covers water expense for utilities as well as garbage! Fantastic location near many businesses, CTA within walking distance, and close to major roads in the Southwest Chicago land area. Finding great long term tenants in this area has never been an issue for the landlord! Great school districts, many parks, and restaurants nearby. Total Rental income currently: $2850 monthly - Underpriced rents for the area by more than $600 with the 2 car garage! Come take a look quickly while this super unique investment property is available!

Last Agent to Sell the Property

Michael Zapart

Compass License #475145813 Listed on: 03/16/2021

Compass

Co-Listed By

Robert Lisak

Compass License #475189907

Last Buyer's Agent

Uriel Ayala

RE/MAX Mi Casa License #475142841

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1979

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x125

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,873

Year Built

Built in 1979

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 3
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5873
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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
06/02/2021 06/02/21 Sold $442,000 +2.8% $119 / Sq Ft
03/28/2021 03/28/21 For Sale -- -- --
03/25/2021 03/25/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $429,900 -- $116 / Sq Ft
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 $7,000 $48,000 $5,179 $42,821
2024 $7,000 $48,000 $5,179 $42,821
2023 $6,826 $33,000 $4,624 $28,376
2022 $6,826 $33,000 $4,624 $28,376
2021 $5,966 $32,999 $4,623 $28,376
2020 $5,713 $28,582 $3,699 $24,883
2019 $5,874 $32,480 $3,699 $28,781
2018 $5,774 $32,480 $3,699 $28,781
2017 $6,405 $32,935 $3,329 $29,606
2016 $6,136 $32,935 $3,329 $29,606
2015 $5,595 $32,935 $3,329 $29,606
2014 $4,889 $28,717 $3,144 $25,573
2013 $4,783 $28,717 $3,144 $25,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11022588

Midwest Real Estate Data (MRED)

APN: 19191030720000

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