NOT LISTED FOR SALE
12 Beds
6 Baths
5,017 Sq Ft
6,534 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $1,500,000 $299 Per Sq Ft

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 3-minute walk to Howard Terminal
  • 4-minute walk to Touhy Park

About This Home

As of July 2023

Heart of Rogers Park -NEW CONSTRUCTION WITH DEDICATED PARKING LOT - High Quality, All Masonry Six Unit with Solid Cash Flow - Easy to rent - 100% Occupied -Steps to Red Line Train, Rogers Park Metra, and Lake Michigan/ Lake Shore Drive, Easy Access to Evanston and A+ Chicago Neighborhoods Andersonville, Edgewater, $94,019 NOI and Solid 5.8% Cap Rate with Room to Grow, Low Expenses, Two Beds, One Baths - Bright Units with Huge Bedrooms and Lots of Windows - All Units Have Stainless Steel Appliances, In-Unit Laundry, Central Heat and Air, All Units Come with a Dedicated Parking Spot

Last Agent to Sell the Property

Kristin Bird

Coldwell Banker Realty License #475145652 Listed on: 05/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Michael Scanlon

eXp Realty License #475188240

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,692

Year Built

  • Built in 2020

Lot Details

  • 6,721 Sq Ft Lot
  • Lot Dimensions are 30x160

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,017 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $468
  • Insurance Expense $3,240
  • Maintenance Expense $1,500
  • Trash Expense $2,232
  • Water Sewer Expense $1,896
  • Operating Expense $33,001
  • Gross Income $127,020
  • Net Operating Income $94,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,692

Year Built

Built in 2020

Lot Details

6,721 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 2020
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 1-6 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplaces: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 2232
  • Water Sewer Expenses: 1896

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 30X160
  • Lot Size Sq Ft: 6721
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5017

Multi Family

  • Net Operating Income: 94019
  • Insurance Expense: 3240
  • ElectricExpense: 468
  • GrossIncome: 127020
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 33001
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 21692
  • Tax Year: 2021
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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
07/07/2023 07/07/23 Sold $1,500,000 -6.0% $299 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $1,595,000 -- $318 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $22,760 $145,000 $15,750 $129,250
2024 $22,760 $145,000 $15,750 $129,250
2023 $22,188 $107,874 $12,600 $95,274
2022 $22,188 $107,874 $12,600 $95,274
2021 $21,692 $107,874 $12,600 $95,274
2020 $2,261 $10,150 $10,150 $0
2019 $2,039 $10,150 $10,150 $0
2018 $2,005 $10,150 $10,150 $0
2017 $1,959 $9,100 $9,100 $0
2016 $1,823 $9,100 $9,100 $0
2015 $1,668 $9,100 $9,100 $0
2014 $1,559 $8,400 $8,400 $0
2013 $1,528 $8,400 $8,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11778221

Midwest Real Estate Data (MRED)

APN: 11-30-413-007

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