NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $625,000

5 Days on Market

Highlights

  • Gated Community
  • Property is near park
  • Workshop
  • Colonial Architecture
  • Lower Floor Utility Room
  • Fenced Yard

About This Home

As of December 2021

Amazing opportunity to own this great income-generating property! This central-entry brick 4-flat consists of four 2 bed/1 bath units. Each unit equipped with individual furnaces and water heaters, and feature hardwood floors throughout. Building features one year old tear-off roof, newer windows, some new appliances and mechanicals. The large and dry basement showcases an abundance of storage space, laundry area, and work area. All four units are currently rented. 5 exterior parking spaces included. Proximity to all that Rogers Park has to offer. Easy access to the Red Line, bus routes, and major roads like Ridge, Clark, and Western. Walking distance to Pottawattomie Park and Indian Boundary Park. You don't want to miss out on this one!

Last Agent to Sell the Property

Dee Savic

Baird & Warner License #471015044 Listed on: 10/27/2021

Last Buyer's Agent

Dee Savic

Baird & Warner License #471015044 Listed on: 10/27/2021

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1944

Lot Details

  • Lot Dimensions are 54 x 93
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Ceiling Fan
  • Workshop
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Storage

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Location

  • Property is near park

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $650
  • Insurance Expense $1,600
  • Water Sewer Expense $3,600
  • Gross Income $64,632
  • Net Operating Income $51,859

Additional Features

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,731

Year Built

Built in 1944

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Partially Finished,Exterior Access,Storage Space,Walk-Up Access
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Brick/Mortar
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Gated

Fee Information

  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 54 X 93
  • 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,Parking

Multi Family

  • Net Operating Income: 51859
  • Insurance Expense: 1600
  • ElectricExpense: 650
  • GrossIncome: 64632
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6731.38
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 8, 2021
Sold by
Bought by
Seller's Agent
Dee Savic
Baird & Warner
Buyer's Agent
Dee Savic
Baird & Warner
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Dec 22, 2016
Sold by
Bought by
Seller's Agent
Leon Ivy
Manage Chicago, Inc.
Buyer's Agent
Alam Chunawala
Coldwell Banker Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Nov 1, 2016
Sold by
Bought by
Seller's Agent
Leon Ivy
Manage Chicago, Inc.
Buyer's Agent
Alam Chunawala
Coldwell Banker Realty
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,350
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,283
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 --
-- None Available
$375,000 North American Title Company
$275,000 Frist American Title
-- None Available
$635,000 Multiple
$600,000 Lawyers
$521,500 Ticor Title Insurance Compan
-- Ticor Title Insurance Compan
$370,000 --
$270,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $375,000
Previous Owner $219,920
Previous Owner $127,000
Previous Owner $508,000
Previous Owner $570,000
Previous Owner $469,350
Previous Owner $364,283
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $625,000 -3.8% --
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $650,000 +73.3% --
11/09/2016 11/09/16 Sold $375,000 -6.0% -- View Prior Sale
07/20/2016 07/20/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $399,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,705 $56,001 $11,300 $44,701
2024 $9,705 $56,001 $11,300 $44,701
2023 $9,461 $46,000 $9,040 $36,960
2022 $9,461 $46,000 $9,040 $36,960
2021 $9,250 $45,999 $9,039 $36,960
2020 $6,731 $30,217 $8,537 $21,680
2019 $6,922 $34,455 $8,537 $25,918
2018 $6,806 $34,455 $8,537 $25,918
2017 $7,819 $36,321 $7,533 $28,788
2016 $7,639 $38,141 $7,533 $30,608
2015 $6,989 $38,141 $7,533 $30,608
2014 $6,251 $33,692 $7,030 $26,662
2013 $6,128 $33,692 $7,030 $26,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11256551

Midwest Real Estate Data (MRED)
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