NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold February 09, 2024

Last sale price $230,000

266 Days on Market

About This Home

As of February 2024

This exceptional investment opportunity has become available again due to the buyer's financing falling through. Take advantage of this fully rehabilitated 2-unit building that offers a multitude of benefits. The property consists of two 3-bedroom, 1-bathroom units, each equipped with appliances, including a washer and dryer. Recently installed in 2022, the HVAC system provides individual heating and central air conditioning for each unit, ensuring comfort and efficiency. These units have been thoughtfully modernized with upgraded fixtures and contemporary finishes. Enjoy the elegance of the space as the abundant natural light shines through the cascading windows and bounces off the beautiful, hardwood floors. Distinctive features include separate front entrances and rear exits for both units, as well as a convenient 2-car parking pad. The walkout basement offers ample storage for the owner or tenants. Recently vacated by tenants, the units have been refreshed, making this building truly turnkey. It's ideal for an investor looking to rent out both units or a new homeowner who wants to live in one unit while earning rental income from the other, helping to offset the mortgage. The property has already undergone an FHA appraisal with no repair requirements, streamlining the process for prospective buyers. Don't miss this opportunity - schedule a viewing today to explore all that this property has to offer!

Last Agent to Sell the Property

Marsha Green

Real People Realty License #475157457 Listed on: 04/17/2023

Real People Realty

Last Buyer's Agent

Ontonio Colon

eXp Realty - Geneva License #475203205

eXp Realty - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1895 | Remodeled in 2022

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x 125

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Walk-Out Basement
  • Enclosed Patio or Porch

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $2,500
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$336

Year Built

Built in 1895 | Remodeled in 2022

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

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

Utilities

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

Fee Information

  • Water Sewer Expenses: 2500

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 30000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 335.52
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Range of Values:

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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 Prior Sale
02/09/2024 02/09/24 Sold $230,000 +2.2% --
01/09/2024 01/09/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $225,000 0.0% --
12/15/2023 12/15/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $225,000 0.0% --
10/05/2023 10/05/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $225,000 0.0% --
09/29/2023 09/29/23 For Sale $225,000 -4.3% --
09/13/2023 09/13/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $235,000 +2.2% --
08/07/2023 08/07/23 Off Market $230,000 -- --
05/25/2023 05/25/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $235,000 +49.2% --
02/14/2022 02/14/22 Sold $157,500 +1.6% -- View Prior Sale
01/11/2022 01/11/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $155,000 +72.2% --
04/04/2018 04/04/18 Sold $90,000 -3.1% -- View Prior Sale
02/16/2018 02/16/18 Pending -- -- --
11/05/2017 11/05/17 Price Changed $92,900 -2.1% --
09/24/2017 09/24/17 For Sale $94,900 +803.8% --
12/29/2012 12/29/12 Sold $10,500 0.0% -- View Prior Sale
12/29/2012 12/29/12 Pending -- -- --
12/29/2012 12/29/12 For Sale $10,500 -- --
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: 11760802

Midwest Real Estate Data (MRED)