$447,000
SOLD JUN 27, 2025
11 Beds
5 Baths
4,288 Sq Ft
1915 Built

Recently Sold

$104 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Heating System Uses Steam
  • Multiple Water Heaters
  • Paved or Partially Paved Lot

About This Home

As of June 2025

Excellent value in this well-maintained legal brick 4-unit building in the Chatham neighborhood. This solid building is much larger than it appears; there is a side entrance to the building which gives each unit 2 means of egress. There are (3) 2 bedroom/1bath units, (1) 3 bedroom/1bath, and a partially finished basement, perfect for additional living space or the groundskeeper's workshop. The first-floor front unit has natural hardwood floors with carpet in bedrooms and a sunroom, perfect for an office or meditation room. The second-floor front has a sunroom and boasts an abundance of natural woodwork and architecture in the living room and formal dining room. The 2 rear units have large eat-in kitchens. Some of the units have the original mahogany interior doors and trim. Long-term tenants with one (1) vacancy. Tenants pay for their own cooking gas and lights. Live here and let the tenants pay your mortgage while you stack your equity and save your cash. Very low taxes makes this property a smart investment. The building has many recent capital improvements including a new boiler in 2017, new roof in 2021, and a new ejector pit. There are 2 sump pumps in the building. Has been retrofit for security cameras. Sits on a 35-foot lot.

Last Agent to Sell the Property

Latisha Williams-Henderson

RE/MAX 10 License #475191627 Listed on: 05/06/2025

RE/MAX 10

Last Buyer's Agent

Terrence Conner

Britton Realty Group License #475112460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 37.5x125
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Breezeway

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 4 Units
  • Gross Income $3,450

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Exterior Entry, Rec/Family Area, Sleeping Area, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Other Equipment: CO Detectors, Sump Pump, Backup Sump Pump;, Multiple Water Heaters
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Breezeway
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber, Flat
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense Year: 2024

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5X125
  • Zoning: SINGL
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 3450
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 3798
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
06/27/2025 06/27/25 Sold $447,000 -0.7% $104 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $450,000 +29.3% $105 / Sq Ft
10/04/2022 10/04/22 Sold $348,000 +10.5% $81 / Sq Ft View Prior Sale
06/18/2022 06/18/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $315,000 0.0% $73 / Sq Ft
06/10/2022 06/10/22 Price Changed $315,000 -10.0% $73 / Sq Ft
05/26/2022 05/26/22 Price Changed $350,000 +16.7% $82 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $299,900 -- $70 / Sq Ft
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: 12358361

Midwest Real Estate Data (MRED)

APN: 25034070220000