NOT LISTED FOR SALE
10 Beds
4 Baths
-- Sq Ft
1906 Built

Sale Details

Date Sold: February 14, 2022

Last sale price $405,000

20 Days on Market

About This Home

As of February 2022

BRING YOUR INVESTORS: High Rents, fully rehabbed in 2020 with a new roof. Cash flow on day one of ownership. Property is 4 units comprised of two 2buildings on one lot. Two 1st floor units which are 2beds/1bath and two 2nd floor units which are 3beds/1Bath duplex. Refrigerators & Stoves are in each unit plus one coin washer and dryer located in the 1st building, all included in the sale. Property is 1 block east of South Shore Drive.

Last Agent to Sell the Property

Zainab Sip

Z.A.S. Consulting, Inc. License #471020149 Listed on: 10/30/2021

Last Buyer's Agent

Gabriel Martinez

Iconic Real Estate of Illinois Inc License #471019380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,661

Year Built

  • Built in 1906 | Remodeled in 2020

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Paved or Partially Paved Lot
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $720
  • Insurance Expense $2,280
  • Water Sewer Expense $2,100
  • Gross Income $55,008
  • Net Operating Income $43,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,661

Year Built

Built in 1906 | Remodeled in 2020

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • 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: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 43646
  • Fuel Expense: 720
  • Insurance Expense: 2280
  • ElectricExpense: 600
  • GrossIncome: 55008
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5661.01
  • Tax Year: 2020
  • 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 Prior Sale
02/14/2022 02/14/22 Sold $405,000 -8.0% --
11/20/2021 11/20/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $439,999 +746.2% --
10/17/2019 10/17/19 Sold $52,000 -13.3% -- View Prior Sale
09/13/2019 09/13/19 Pending -- -- --
08/24/2019 08/24/19 Price Changed $60,000 -7.6% --
06/13/2019 06/13/19 Price Changed $64,900 -7.2% --
04/10/2019 04/10/19 For Sale $69,900 +1170.9% --
11/08/2013 11/08/13 Sold $5,500 -68.6% -- View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $17,500 0.0% --
08/15/2013 08/15/13 Pending -- -- --
05/16/2013 05/16/13 Price Changed $17,500 0.0% --
05/16/2013 05/16/13 For Sale $17,500 -22.2% --
05/07/2013 05/07/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $22,500 -- --
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 $5,127 $31,842 $2,363 $29,479
2024 $5,127 $31,842 $2,363 $29,479
2023 $4,998 $24,300 $3,150 $21,150
2022 $4,998 $24,300 $3,150 $21,150
2021 $4,887 $24,300 $3,150 $21,150
2020 $5,661 $25,412 $3,150 $22,262
2019 $5,868 $29,209 $3,150 $26,059
2018 $5,770 $29,209 $3,150 $26,059
2017 $5,164 $23,988 $2,835 $21,153
2016 $4,805 $23,988 $2,835 $21,153
2015 $4,396 $23,988 $2,835 $21,153
2014 $4,247 $22,889 $2,205 $20,684
2013 $4,163 $22,889 $2,205 $20,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11259089

Midwest Real Estate Data (MRED)
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