NOT LISTED FOR SALE
9 Beds
4 Baths
-- Sq Ft
1880 Built

Sale Details

Date Sold: July 14, 2021

Last sale price $975,000

5 Days on Market

Highlights

  • Victorian Architecture
  • Heating System Uses Steam
  • 1-minute walk to Arrigo Park
  • Forced Air Heating System

About This Home

As of July 2021

RARE OFFERING OF A GRACIOUS FOUR UNIT GREY STONE AND BRICK BUILDING LOCATED IN LITTLE ITALY/UNIVERSITY VILLAGE AREA.THIS TREE-LINED BISHOP STREET PROPERTY HAS HAD ONLY TWO OWNERS OVER 100 YEARS. PRIDE OF OWNERSHIP ABOUNDS THROUGHOUT THE BUILDING WITH: THIRD FLOOR OWNERS UNIT: THREE BEDROOMS, JACUZZI TUB & SHOWER, DOUBLE BOWL SINK, MARBLE FLOORING, HARDWOOD FLOORS, APPLIANCES, GAS FIREPLACE WITH MANTEL, IN-UNIT WASHER & DRYER, LARGE KITCHEN WITH SEPARATE EATING AREA, SKYLINE VIEW OF THE DOWNTOWN AREA AND CENTRAL HEAT & AIR CONDITIONING. SECOND FLOOR UNIT: THREE BEDROOM ART DECO STYLE, HARDWOOD FLOORS, UPDATED KITCHEN & DINETTE AREA, GAS FIREPLACE WITH MANTEL, APPLIANCES, NEW HOT WATER RADIATOR HEATING AND WINDOW AIR CONDITIONERS. FIRST FLOOR UNIT: ONE LARGE BEDROOM WITH TWO CLOSETS PLUS OFFICE/STUDY, HARDWOOD FLOORS, DOUBLE BOWL BATHROOM SINK, TUB AND SHOWER, GAS FIREPLACE WITH WOOD MANTEL, APPLIANCES AND CENTRAL HEAT & AIR CONDITIONING. GARDEN UNIT: TWO BEDROOM PLUS OFFICE OR STUDY, WALL-TO-WALL CARPETING, CEDAR PANELED WALLS, GAS FIREPLACE WITH STONE FRONTED MANTEL, APPLIANCES AND CENTRAL HEAT & AIR CONDITIONING. ADDITIONAL FEATURES: TWO OFF STREET GATED PARKING SPACES. COIN-OP WASHER/DRYER LAUNDRY ROOM. RECENTLY TUCKPOINTED AND CAPPING OF PARAPET WALLS & CHIMNEYS. WALKING DISTANCE TO UNIVERSITY OF ILLINOIS AND ONE OF THE LARGEST MEDICAL CENTERS IN THE COUNTRY. CLOSE TO PUBLIC TRANSPORTATION-BLUE LINE, PINK LINE, TAYLOR STREET, ASHLAND AVENUE AND HARRISON STREET BUS LINE. EASY EXPRESSWAY ACCESSIBILITY. JUST MINUTES TO THE DOWNTOWN BUSINESS, THEATER DISTRICT AND LAKEFRONT. GREAT INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Carmen Gallucci

C. Gallucci Realty, Inc. License #471000589 Listed on: 05/28/2021

Last Buyer's Agent

Joelle Venzera

Compass License #475163719

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,500

Year Built

  • Built in 1880

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • English Basement
  • Partial Basement
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Zoned Parking Permit

Lot Details

  • Lot Dimensions are 25x125

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units
  • Gross Income $53,040

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,500

Year Built

Built in 1880

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1880
  • 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): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, English
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner
  • AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Zoned Permit
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • GrossIncome: 53040
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12500
  • Tax Year: 2019
  • Tax Exemptions: Homeowner
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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
07/14/2021 07/14/21 Sold $975,000 -9.6% --
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,079,000 -- --
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 $18,419 $81,000 $17,500 $63,500
2024 $18,419 $81,000 $17,500 $63,500
2023 $17,955 $87,001 $14,063 $72,938
2022 $17,955 $87,001 $14,063 $72,938
2021 $16,880 $86,999 $14,062 $72,937
2020 $10,930 $52,006 $10,625 $41,381
2019 $12,250 $64,197 $10,625 $53,572
2018 $13,203 $70,057 $10,625 $59,432
2017 $9,521 $47,454 $9,375 $38,079
2016 $9,004 $47,454 $9,375 $38,079
2015 $8,215 $47,454 $9,375 $38,079
2014 $7,056 $40,599 $7,812 $32,787
2013 $6,906 $40,599 $7,812 $32,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11104500

Midwest Real Estate Data (MRED)
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