NOT LISTED FOR SALE
23 Beds
23 Baths
-- Sq Ft
1957 Built

Last Sold October 23, 2015

Last sale price $775,000

59 Days on Market

About This Home

As of October 2015

Nice 22 unit courtyard building in South Shore. Total units include 2 separate buildings (7026-42) of 1-2 bedroom unit and 21-1 bedroom units. Tenants pay electric and cooking gas. Stove & fridges are supplied with each unit. Excellent income potential. Seller is very motivated.

Last Agent to Sell the Property

James Morris

JMRI Corp License #471010383 Listed on: 06/23/2015

Last Buyer's Agent

Tyler DeRoo

Catalyst Realty LLC License #471020175

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Community Details

  • Fuel Expense $11,415

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Commercial, Condominium
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2014
  • Outdoor Parking: 6-12 Spaces, Common Parking, Lighted, Open
  • Repairs Decor Expense: 11694
  • Scavenger Expense: 3063
  • Total Annual Exp: 61859
  • Total Annual Income: 59243
  • Total Monthly Income: 59243
  • Number Of Stories: 2
  • Estimated Year Built: 1957
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1957

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Gas, Radiators, Steam
  • Water Expense: 3367

Condo/Co-op/Association

  • Units in Building: 22

Fee Information

  • Janitor Expense: 5350

Lot Info

  • Lot Dimensions: 13310 SQUARE FEET
  • Lot Sq Ft: 13310
  • Parcel Identification Number: 20432303300000

Rental Info

  • Gross Rental Income: 59243
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 11415
  • Gross Rent Multiplier: 17
  • Other Expenses: 9129

Tax Info

  • Taxes: 17846

Range of Values:

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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
10/23/2015 10/23/15 Sold $775,000 -22.5% --
08/21/2015 08/21/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $1,000,000 -- --
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: MRD08962851

Midwest Real Estate Data (MRED)

APN: 20243230330000