NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 12, 2022

Last sale price $375,000

48 Days on Market

About This Home

As of April 2022

Can you say CASH COW?! Renovated 4 UNIT brick building with spacious apartments, hardwood floors, large eat-in kitchens, granite counters, good size bedrooms and closet space. Three units are 2 bedrooms and one unit is 1 bedroom. TONS OF VALUE ADD for the new owner. Three tenants are on a Month to Month lease. Rents could be increased to generate an extra $1,000+. Install coin laundry and rent the garage for extra $$$. Quick access to the expressway and the Metra stop. This is a great opportunity for an investor who wants to generate MONTHLY INCOME and LIVE RENT FREE! Please do not disturb the tenants.

Last Agent to Sell the Property

Warnita Taylor

Taylor Realty Partners LLC License #471020573 Listed on: 01/15/2022

Last Buyer's Agent

Valinda Petite

Professional Brokers Realty License #471022544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1969

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $300
  • Maintenance Expense $400
  • Professional Management Expense $600
  • Water Sewer Expense $1,500
  • Gross Income $44,244
  • Net Operating Income $41,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,850

Year Built

Built in 1969

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 600
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1500
  • Other Expenses $: 0
  • Trash Expense Year: 0

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 41844
  • ElectricExpense: 300
  • GrossIncome: 44244
  • Maintenance Expense: 400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2850.23
  • Tax Year: 2020
  • Tax Exemptions: None
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/12/2022 04/12/22 Sold $375,000 -1.3% --
03/05/2022 03/05/22 Pending -- -- --
02/19/2022 02/19/22 For Sale -- -- --
01/26/2022 01/26/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $380,000 +484.6% --
12/05/2014 12/05/14 Sold $65,000 +85.7% -- View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $35,000 -- --
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 $1,899 $30,000 $2,344 $27,656
2024 $1,899 $30,000 $2,344 $27,656
2023 $1,147 $9,000 $3,906 $5,094
2022 $1,147 $9,000 $3,906 $5,094
2021 $1,140 $8,999 $3,906 $5,093
2020 $2,850 $15,897 $2,812 $13,085
2019 $2,941 $18,065 $2,812 $15,253
2018 $3,568 $18,065 $2,812 $15,253
2017 $4,313 $20,036 $2,500 $17,536
2016 $4,013 $20,036 $2,500 $17,536
2015 $3,672 $20,036 $2,500 $17,536
2014 $2,973 $16,026 $2,187 $13,839
2013 $2,915 $16,026 $2,187 $13,839
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11304953

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.