NOT LISTED FOR SALE
9 Beds
7 Baths
-- Sq Ft
1895 Built

Last Sold November 04, 2022

Last sale price $703,000

6 Days on Market

Highlights

  • Brick or Stone Mason
  • Paved or Partially Paved Lot
  • 2-minute walk to Houston Neighborhood Park

About This Home

As of November 2022

Investment opportunity. Beautiful brick & limestone 4 unit building. All units have individuals heat/gas and electric. Building was recently deconverted from individual condos and was extensively renovated during a prior condo conversion. Professionally owned and managed, this building is a great opportunity to invest in red hot Grand Boulevard. Excellent location, across from Hales Franciscan HS. Walk to the Greenline, Washington Park, Groceries and Shopping, Lakefront as well as Hyde Park Entertainment. Units 2 & 3 are both 3 Bedroom/2 Bath layouts. Hardwood floors throughout, with in unit laundry. Unit 1 is a spacious 2 Bedroom/2 Bath with, also with hardwood floor sand in unit laundry. The tall garden unit is spacious. Tiled floors with laundry in unit as well. The rear yard has alley access for a future parking pad. Excellent rental income.

Last Agent to Sell the Property

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068 Listed on: 06/05/2022

Co-Listed By

Derek Walvoord

Exit Strategy Realty / EMA Management License #475193959

Last Buyer's Agent

Rashauna Scott

Keller Williams ONEChicago License #475178242

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,485

Year Built

  • Built in 1895

Lot Details

  • Paved or Partially Paved Lot

Home Design

  • Brick or Stone Mason

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 7 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,485

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 3378
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 5485.05
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Range of Values:

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Value Increase
--
Percent Increase
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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
11/04/2022 11/04/22 Sold $703,000 -3.0% --
06/12/2022 06/12/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $725,000 -- --
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 $8,478 $59,233 $11,816 $47,417
2024 $8,478 $59,233 $11,816 $47,417
2023 $8,947 $43,366 $11,816 $31,550
2022 $8,947 $43,366 $11,816 $31,550
2021 $8,746 $43,365 $11,816 $31,549
2020 $5,485 $24,622 $5,739 $18,883
2019 $5,622 $27,980 $5,739 $22,241
2018 $5,527 $27,980 $5,739 $22,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11425315

Midwest Real Estate Data (MRED)