NOT LISTED FOR SALE
6 Beds
4 Baths
4,365 Sq Ft
2,178 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $240,000 $55 Per Sq Ft

8 Days on Market

About This Home

As of May 2020

Great multi-unit investment in highly desired Chatham. Market rents $1100 on second and third level. First level has adjoining stairs to lower level which includes an additional bath and tons of space for a total of 4 bedrooms and 2-3 full baths. Great potential for duplex owner unit or rent out at $1650 +. 3 Car garage in back. Ask us about VA 100% financing with no price limits. FHA approved building. Rates are great and markets are down. Now is the time to invest in commercial real estate.

Last Agent to Sell the Property

Kimberly Chase-Harding

Berkshire Hathaway HomeServices Chicago License #471007476 Listed on: 04/08/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Morris Hare

Coldwell Banker Realty License #475189340

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1925 | Remodeled in 2020

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Mechanical Septic System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1925 | Remodeled in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 50X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3746.35
  • Tax Year: 2018

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat
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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 Prior Sale
05/29/2020 05/29/20 Sold $240,000 -4.0% $55 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $249,900 +66.6% $57 / Sq Ft
10/10/2019 10/10/19 Sold $150,000 -39.8% $34 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $249,000 -- $57 / Sq Ft
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 $3,610 $25,359 $1,875 $23,484
2024 $3,610 $25,359 $1,875 $23,484
2023 $3,519 $17,110 $3,125 $13,985
2022 $3,519 $17,110 $3,125 $13,985
2021 $3,440 $17,109 $3,125 $13,984
2020 $3,210 $14,410 $2,250 $12,160
2019 $3,312 $16,484 $2,250 $14,234
2018 $3,256 $16,484 $2,250 $14,234
2017 $3,746 $17,403 $2,000 $15,403
2016 $3,486 $17,403 $2,000 $15,403
2015 $3,189 $17,403 $2,000 $15,403
2014 $3,033 $16,348 $1,750 $14,598
2013 $2,973 $16,348 $1,750 $14,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10686439

Midwest Real Estate Data (MRED)

APN: 20353010300000