NOT LISTED FOR SALE
16 Beds
17 Baths
-- Sq Ft
1910 Built

Last Sold February 01, 2019

Last sale price $1,650,000

11 Days on Market

About This Home

As of February 2019

FIRST TIME ON MARKET IN 35 YEARS. This Multi-Family property has been owned by a single owner for the last thirty five years and is very well maintained. This two-story, brick building consists of a total of seventeen apartment units; two (2) studio apartments, fourteen (14) one bedroom apartments and one (1) two bedroom apartment. Lot is approx. 9,271 SF. There are six parking spaces available behind the building. Excellent Profit Potential and Great Cash Flow. The property is located within an outstanding, mixed-use neighborhood, steps to Main Street which offers unique shopping and excellent dining options. Both the CTA and Metra stations are easily reached within one block. The N/S thoroughfare is Chicago Avenue located within two blocks.

Last Agent to Sell the Property

Ed Schwartz

Fara Commercial Brokerage Listed on: 11/01/2018

Co-Listed By

Nick Patinkin

@properties Commercial License #475128159

Last Buyer's Agent

Ed Schwartz

Fara Commercial Brokerage Listed on: 11/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1910

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: COMMR
  • Estimated Age: Older
  • Outdoor Parking: 6-12 Spaces
  • Number Of Stories: 2
  • Estimated Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Exterior Features

  • Exterior Building Type: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Gas, Hot Water

Condo/Co-op/Association

  • Units in Building: 17

Lot Info

  • Lot Dimensions: 73 X 127
  • Lot Sq Ft: 9271
  • Parcel Identification Number: 11193020130000

Rental Info

  • Tenant Pays: Electric

Tax Info

  • Taxes: 21680
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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
02/01/2019 02/01/19 Sold $1,650,000 -14.1% --
11/12/2018 11/12/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,920,000 -- --
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 $13,532 $77,140 $11,704 $65,436
2024 $13,532 $55,169 $5,852 $49,317
2023 $12,981 $55,169 $5,852 $49,317
2022 $12,981 $55,169 $5,852 $49,317
2021 $15,731 $58,489 $5,852 $52,637
2020 $15,516 $58,489 $5,852 $52,637
2019 $13,883 $58,489 $5,852 $52,637
2018 $7,275 $26,205 $5,632 $20,573
2017 $7,084 $26,205 $5,632 $20,573
2016 $6,717 $26,205 $5,632 $20,573
2015 $6,056 $22,269 $5,120 $17,149
2014 $5,998 $22,269 $5,120 $17,149
2013 $5,859 $22,269 $5,120 $17,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10127150

Midwest Real Estate Data (MRED)

APN: 11-19-302-013-0000

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