NOT LISTED FOR SALE
12 Beds
8 Baths
-- Sq Ft
1967 Built

Sale Details

Date Sold: May 31, 2019

Last sale price $475,000 $0 Per Sq Ft

3 Days on Market

About This Home

As of May 2019

SUPERB TURN KEY INVESTMENT PROPERTY. LOCATED IN THE FAST APPRECIATING COMMUNITY OF WOODLAWN! COMPLETELY RENOVATED IN 2013! NEW ROOF, PLUMBING, KITCHENS, APPLIANCES, TILE FLOORING, BATHROOMS, STEEL DOORS, FRESHLY PAINTED, LIGHTED INTERCOM SYSTEM, FINISHED BASEMENT WITH COIN LAUNDRY & STORAGE. INCLUDES A $15000 UPGRADED PARTY OR COMMUNITY SUITE! CARPENTER WORKROOM. BOILER AND HOT WATER TANK OVERHAULED IN 2016. THE ENTIRE EXTERIOR COMPLETED TUCK POINTED. ALL 8 APARTMENTS RENTED TO LONG TERM STABLE TENANTS. WALK OR TAKE PUBLIC TRANSPORTATION LOCATED RIGHT OUTSIDE YOUR DOOR TO ANYWHERE FROM THIS CONVENIENT LOCATION. INCLUDES 6 PARKING SPACES. ALDI'S, JEWEL OSCO, UNIVERSITY OF CHICAGO, HOSPITAL, BLOCKS FROM THE PROPOSED OBAMA LIBRARY, TIGER WOODS PGA GOLF COURSE, MUSEUMS, RESTAURANTS AND LAKE FRONT! NOTHING ELSE TO DO BUT SIT BACK & WATCH YOUR PROFITS FLOW!

Last Agent to Sell the Property

Beki Darin

Berkshire Hathaway HomeServices Chicago License #475131835 Listed on: 03/25/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Gerry Perez

@properties Christie's International Real Estate License #475162719

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Basement Window Egress
  • Window Unit Cooling System

Community Details

  • Fuel Expense $4,000
  • Insurance Expense $4,300

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1967

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust, Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 3000
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 2316
  • Total Annual Exp: 35269
  • Total Annual Income: 37000
  • Total Monthly Income: 6060
  • Leased Washer Dryer: Yes
  • Number of Ranges: 8
  • Number Of Refrigs: 9
  • Number Of Window A C: 4
  • Number Of Stories: 3
  • Estimated Year Built: 1967
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1967

Interior Features

  • Basement: Partially Finished, Egress Window

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s
  • Heatventilation: Hot Water, Baseboard
  • Water Expense: 3300

Condo/Co-op/Association

  • Units in Building: 8
  • Conversion YN: Y

Fee Information

  • Electricity Expense: 753
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 5160

Lot Info

  • Lot Dimensions: 48.08 X 125.81
  • Lot Sq Ft: 6050
  • Parcel Identification Number: 20231200160000

Rental Info

  • Gross Rental Income: 72720
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 4000
  • Insurance Expense: 4300
  • Number Of Dishwashers: 4
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 6975
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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
05/31/2019 05/31/19 Sold $475,000 -5.0% --
03/28/2019 03/28/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $499,999 -- --
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 $10,296 $74,406 $7,573 $66,833
2024 $10,296 $74,406 $7,573 $66,833
2023 $10,001 $48,626 $5,452 $43,174
2022 $10,001 $48,626 $5,452 $43,174
2021 $9,778 $48,625 $5,452 $43,173
2020 $8,385 $37,642 $5,452 $32,190
2019 $7,563 $37,642 $5,452 $32,190
2018 $7,436 $37,642 $5,452 $32,190
2017 $6,975 $32,401 $4,543 $27,858
2016 $6,490 $32,401 $4,543 $27,858
2015 $5,937 $32,401 $4,543 $27,858
2014 $6,012 $32,401 $4,543 $27,858
2013 $5,893 $32,401 $4,543 $27,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10319272

Midwest Real Estate Data (MRED)
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