NOT LISTED FOR SALE
7 Beds
2 Baths
2,900 Sq Ft
3,920 Sq Ft Lot

Last Sold November 25, 2024

Last sale price $399,900 $138 Per Sq Ft

25 Days on Market

Highlights

  • Gated Community
  • Enclosed Patio or Porch
  • Two Heating Systems
  • 2 Car Detached Garage
  • Soaking Tub
  • Paved or Partially Paved Lot

About This Home

As of November 2024

Welcome to your dream investment opportunity! This stunning brick 2-flat in the sought-after Auburn Gresham neighborhood stands as a testament to modern elegance and functionality. Recently undergoing a complete refresh, this property features two meticulously updated units that combine contemporary design with ultimate comfort. Each unit offers a spacious layout with combined living and dining rooms: the first floor boasts three true bedrooms and an enclosed back porch, while the second floor features four true bedrooms as well as an enclosed back porch with storage, creating a welcoming haven for residents. The kitchens shine with sleek white shaker cabinets, elegant quartz countertops, and black fixtures, with every detail thoughtfully considered, ensuring a cohesive aesthetic. All carpet has been removed, and the property now features either refinished hardwood floors or durable low-maintenance vinyl planking, adding to the contemporary appeal and ease of upkeep. Significant upgrades have been made for peace of mind, including a brand-new furnace and AC unit in Unit 1, and freshly cleaned ducts in both units. Plus, added security with a Vivint home security system, with several months of free service included. The large, clean, and dry basement offers a blank canvas with immense potential, ideal for a comfortable in-law suite or additional living space. The seller, a skilled developer, is open to customizing this space according to the buyer's needs, whether it's for a home office, home theater, or something uniquely yours. The exterior boasts undeniable curb appeal, with a striking appearance that commands attention. Enjoy the luxurious touch of design tiles and durable hardwood flooring. The property has seen extensive upgrades, including new windows, doors, trims, tuckpointing, concrete sidewalks, iron fencing, and roof-all contributing to its standout quality. Situated in a rapidly appreciating area with new developments all around, this property is ideal for investors seeking lucrative returns or owner-occupants looking for rental income benefits. FHA and Fannie Mae both offer low down programs for 2-4 flats, making this an accessible and attractive investment opportunity. This 2-flat offers the best of both worlds in contemporary Chicago living.

Last Agent to Sell the Property

Robert Linn

Point B Properties License #471019357 Listed on: 09/26/2024

Last Buyer's Agent

Crystal Counts

Village Realty, Inc. License #475190878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1908 | Remodeled in 2023

Lot Details

  • 3,920 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,620

Year Built

Built in 1908 | Remodeled in 2023

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Microwave,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

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: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 3733
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3620
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
11/25/2024 11/25/24 Sold $399,900 0.0% $138 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $399,900 +29.0% $138 / Sq Ft
08/29/2019 08/29/19 Sold $309,900 0.0% $107 / Sq Ft View Prior Sale
07/17/2019 07/17/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $309,900 +336.5% $107 / Sq Ft
09/18/2018 09/18/18 Sold $71,000 +9.2% $24 / Sq Ft View Prior Sale
08/09/2018 08/09/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $65,000 -- $22 / 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 $3,798 $18,000 $1,860 $16,140
2024 $3,798 $18,000 $1,860 $16,140
2023 $3,702 $18,000 $2,418 $15,582
2022 $3,702 $18,000 $2,418 $15,582
2021 $3,620 $18,000 $2,418 $15,582
2020 $2,706 $12,148 $2,418 $9,730
2019 $2,774 $13,805 $2,418 $11,387
2018 $2,727 $13,805 $2,418 $11,387
2017 $3,354 $15,581 $2,232 $13,349
2016 $966 $15,581 $2,232 $13,349
2015 $928 $15,581 $2,232 $13,349
2014 $2,701 $14,557 $2,046 $12,511
2013 $923 $14,557 $2,046 $12,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12170445

Midwest Real Estate Data (MRED)

APN: 20294190090000

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