NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1922 Built

Sale Details

Date Sold: March 13, 2019

Last sale price $350,000 $0 Per Sq Ft

18 Days on Market

About This Home

As of March 2019

Fully Rented 6 Unit on a lovely tree lined Chatham Street. Neat Building with over-sized 1 and 2 bedroom units with the room of a 3 bedroom apartment. Replacement windows, new drywall, new appliances and updated kitchens, recent tuck-pointing, newer roof on building and garage, beautiful hardwood flooring in many of the units, new carpets in the others. Easy walks to shopping, public transportation and restaurants. Wonderful original leaded stained glass windows and built-ins make this building a treat to view. A Chatham treat ready for a new owner. Priced to Sell!! Multiple offers received, please submit your highest and best offer by 1/31/2019

Last Agent to Sell the Property

Don Robinson

ABS Property Consulting License #475160883 Listed on: 01/14/2019

Last Buyer's Agent

Allison McGowan

@properties Christie's International Real Estate License #475138910

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $8,000
  • Insurance Expense $4,000

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1922

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 32825
  • Repairs Decor Expense: 2500
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 1800
  • Total Annual Exp: 23275
  • Total Annual Income: 64800
  • Total Monthly Income: 5400
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1922
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1922

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 3

Utilities

  • Heatventilation: Central Bldg Heat, Gas
  • Water Expense: 2000

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 1000
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 1000

Lot Info

  • Lot Dimensions: 45X124
  • Land Amenities: Security Entrance, Sidewalks
  • Parcel Identification Number: 20342080290000

Rental Info

  • Gross Rental Income: 5400
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 8000
  • Insurance Expense: 4000
  • Other Expenses: 1000

Tax Info

  • Taxes: 5,268

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 28, 2019
Sold by
Brown Allene and Brown Allene C
Bought by
Seller's Agent
Don Robinson
ABS Property Consulting
Buyer's Agent
Allison McGowan
@properties Christie's International Real Estate
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 1996
Sold by
Lasalle National Trust Na
Bought by
Brown Allene
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Citywide Title Corporation
Brown Allene $140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $262,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $350,000 -2.8% --
02/01/2019 02/01/19 Pending -- -- --
01/29/2019 01/29/19 Price Changed $360,000 0.0% --
01/17/2019 01/17/19 Price Changed $359,999 0.0% --
01/14/2019 01/14/19 For Sale $360,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,853 $34,500 $4,185 $30,315
2024 $4,853 $34,500 $4,185 $30,315
2023 $4,731 $23,000 $6,975 $16,025
2022 $4,731 $23,000 $6,975 $16,025
2021 $4,625 $23,000 $6,975 $16,025
2020 $4,163 $18,689 $5,022 $13,667
2019 $4,267 $21,238 $5,022 $16,216
2018 $4,195 $21,238 $5,022 $16,216
2017 $5,268 $24,471 $4,464 $20,007
2016 $4,901 $24,471 $4,464 $20,007
2015 $4,484 $24,471 $4,464 $20,007
2014 $4,795 $25,845 $3,906 $21,939
2013 $4,701 $25,845 $3,906 $21,939
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10172815

Midwest Real Estate Data (MRED)
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