NOT LISTED FOR SALE
20 Beds
7 Baths
-- Sq Ft
1920 Built

Last Sold March 17, 2020

Last sale price $790,000

About This Home

As of March 2020

Amazing Income Producing Opportunity -FULLY-RENTED 6 UNIT-Big Apartments. Completely upgraded, condo quality. All Tenant Paid Individual utilities, With Central A/C and Heat in each unit. 2-car garage plus 4-outdoor spaces (Rent for extra income). Across from beautiful Washington Park and within short distance to Hyde Park, University of Chicago, Lakefront, and the Museum of Science and Industry.

Last Agent to Sell the Property

Mohammed Iftikhar

Guidance Realty License #475157330 Listed on: 01/07/2020

Last Buyer's Agent

Mohammed Iftikhar

Guidance Realty License #475157330 Listed on: 01/07/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2018
  • Net Oper Income: 72233
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Membrane, Rubber
  • Roof Structure: Flat
  • Total Annual Exp: 26913
  • Total Annual Income: 104364
  • Total Monthly Income: 8697
  • Number Of Stories: 3
  • Estimated Year Built: 1920
  • Type Multi Family: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Basement: Unfinished

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: Signal Intersection

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Separate Meters

Lot Info

  • Lot Dimensions: 50' X 127'
  • Parcel Identification Number: 20102260501001

Rental Info

  • Gross Rental Income: 104364
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2018

Tax Info

  • Taxes: 11904

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
03/17/2020 03/17/20 Sold $790,000 -7.1% --
01/07/2020 01/07/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $850,000 -- --
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 $11,007 $81,001 $22,264 $58,737
2024 $11,007 $81,001 $22,264 $58,737
2023 $10,729 $52,001 $22,264 $29,737
2022 $10,729 $52,001 $22,264 $29,737
2021 $10,488 $51,999 $22,263 $29,736
2020 $6,533 $29,325 $10,813 $18,512
2019 $6,695 $33,324 $10,813 $22,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10604290

Midwest Real Estate Data (MRED)