NOT LISTED FOR SALE
12 Beds
6 Baths
5,534 Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: April 25, 2024

Last sale price $420,000 $76 Per Sq Ft

27 Days on Market

About This Home

As of April 2024

Excellent investment opportunity to purchase this all brick 6-unit building. The property is a bright and sunny unit on a corner lot, located in Chicago's South Shore neighborhood, a rapidly growing residential area along the shore of Lake Michigan and within blocks to Tiger Woods Golf Course, Rainbow Beach, CTA bus lines and two Metra-train stations (Windsor Park & Cheltenham) makes this an attractive location for sourcing tenants

Last Agent to Sell the Property

Juan Uribe

Vorobey Properties, Inc. License #475162881 Listed on: 12/04/2023

Last Buyer's Agent

Francine Estevez

Cyrius Realty & Investment Brokers License #471020329

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Maintenance Expense $1,200
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • Operating Expense $8,922
  • Gross Income $81,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,322

Year Built

Built in 1919

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Gas,Hot Water

Fee Information

  • Trash Expense: 2400
  • Water Sewer Expenses: 2400

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Other
  • Board Number: 8

Multi Family

  • ElectricExpense: 600
  • GrossIncome: 81600
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 8922
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2322
  • 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 Prior Sale
04/25/2024 04/25/24 Sold $420,000 -5.6% $76 / Sq Ft
03/27/2024 03/27/24 For Sale $445,000 0.0% $80 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $445,000 -4.3% $80 / Sq Ft
12/05/2023 12/05/23 For Sale $465,000 +365.0% $84 / Sq Ft
03/22/2019 03/22/19 Sold $100,000 -23.0% -- View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $129,900 -- --
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 $4,447 $38,400 $3,816 $34,584
2024 $4,447 $38,400 $3,816 $34,584
2023 $4,319 $21,000 $5,088 $15,912
2022 $4,319 $21,000 $5,088 $15,912
2021 $4,223 $21,000 $5,088 $15,912
2020 $4,696 $21,079 $5,088 $15,991
2019 $4,868 $24,229 $5,088 $19,141
2018 $4,786 $24,229 $5,088 $19,141
2017 $5,206 $24,183 $4,579 $19,604
2016 $4,844 $24,183 $4,579 $19,604
2015 $4,431 $24,183 $4,579 $19,604
2014 $5,093 $27,448 $3,561 $23,887
2013 $4,992 $27,448 $3,561 $23,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11941625

Midwest Real Estate Data (MRED)

APN: 21303310160000

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