NOT LISTED FOR SALE
12 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: June 5, 2025

Last sale price $355,000

201 Days on Market

About This Home

As of June 2025

Three unit brick in Chatham ready for a new owner. Each unit has 4 bedrooms, eat-in kitchen, a large living room, individual heating and hot water. There are three parking spaces in the rear and a fenced in rear yard, Each unit features hardwood floors. Great building for family investment. The building was rehabbed in 2017 and needs very little maintenance. Building has a large unfinished basement. Building is close to shopping and transportation. Currently only 1 unit is rented. Call listing broker to schedule your private showing.

Last Agent to Sell the Property

Joyce Gibson

J.A. Gibson & Associates, Ltd. License #471010468 Listed on: 09/18/2024

Last Buyer's Agent

Brande Guilmette-Hampton

Centered International Realty License #475160842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 1922

Lot Details

  • 4,356

Parking

  • 3 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,356 Sq Ft Lot

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,760
  • Maintenance Expense $2,500
  • Gross Income $52,200
  • Net Operating Income $23,354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,167

Year Built

Built in 1922

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 12
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 4458
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 23354
  • ElectricExpense: 3760
  • GrossIncome: 52200
  • Maintenance Expense: 2500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4166.64
  • Tax Year: 2022
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/05/2025 06/05/25 Sold $355,000 +2.9% --
04/07/2025 04/07/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $345,000 -2.8% --
04/03/2025 04/03/25 Off Market $355,000 -- --
04/02/2025 04/02/25 For Sale $345,000 -2.8% --
03/31/2025 03/31/25 Off Market $355,000 -- --
12/17/2024 12/17/24 For Sale $345,000 0.0% --
11/04/2024 11/04/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $345,000 -5.5% --
09/18/2024 09/18/24 For Sale $365,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12106864

Midwest Real Estate Data (MRED)
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