NOT LISTED FOR SALE
56 Beds
28 Baths
-- Sq Ft
1925 Built

Last Sold March 05, 2015

Last sale price $1,260,000

63 Days on Market

About This Home

As of March 2015

THIS IS A GREAT BUILDING ON ONE OF SOUTHORE'S FINEST BOULEVARDS. THIS IS A LEGITIMATE 13.6% CAP WITH OVER $250,000 IN IMPROVEMENTS OVER THE PAST DECADE INCLUDING : NEWER ELECTRIC AND PLUMBING, ALL NEW PORCHES, FURNACE, HOT WATER TANKS, NEW SECURITY SYSTEM AND LAUNDRY ROOM!! THE LIST GOES ON AND ON. THERE ARE NO VIOLATIONS. THERE ARE NO VACANCIES. ALL 2 BR UNITS. PASSES SECTION 8 INSPECTIONS EVERY MONTH !

Last Agent to Sell the Property

Lonnie Evans

United Real Estate-Chicago License #475112227 Listed on: 01/01/2015

Last Buyer's Agent

Kevin Rocio

@properties Commercial License #475128895

@properties Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Community Details

  • Fuel Expense $20,000
  • Insurance Expense $6,990

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2014
  • Net Oper Income: 204667
  • Repairs Decor Expense: 4800
  • Scavenger Expense: 2160
  • Total Annual Exp: 74225
  • Total Annual Income: 278892
  • Total Monthly Income: 23241
  • Number Of Stories: 3
  • Estimated Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 4800

Condo/Co-op/Association

  • Units in Building: 28

Fee Information

  • Electricity Expense: 960
  • Janitor Expense: 3600

Lot Info

  • Lot Dimensions: 116 X 123
  • Parcel Identification Number: 21303070010000

Rental Info

  • Gross Rental Income: 278892
  • Tenant Pays: Varies by Tenant

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 20000
  • Insurance Expense: 6990
  • Other Expenses: 6500

Tax Info

  • Taxes: 20515

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Change Sq Ft Price
03/05/2015 03/05/15 Sold $1,260,000 -16.0% --
02/03/2015 02/03/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $1,500,000 -- --
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: MRD08808026

Midwest Real Estate Data (MRED)

APN: 21303070010000