NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $740,000

31 Days on Market

Highlights

  • Rowhouse Architecture
  • Forced Air Heating System
  • 1-minute walk to Coleman (Bessie) Park
  • Kenwood Academy High School Rated A-
  • Ceiling Fan

About This Home

As of November 2021

Own this rare, magnificent three unit in Hyde Park as an investment, or live in it with income! With its tall, carved limestone facade, this turn of the century three unit offers sweeping views of the Boulevard from each floor. Perfectly situated, a short walk to the U of C, the Lakefront, Hyde Park shopping and entertainment, Green Line & Metra Trains and the mansion lined streets of Kenwood, this three unit building has a duplex down on the main level (vacant 8/30/21), with 3 Bedrooms/2 Full Baths. The second and third floor units are both 2 Bedroom/1 Bath apartments, and are leased. All units feature separate HVAC, central A/C and seperate utilities. In the rear, there's a recent new porch with decks, a gated yard and parking of the alley. Drexel Square is a short one block section of Boulevard lined with trees and stately turn of the century homes & flats, with wonderful greenspace, in a very low traffic setting, a rare opportunity to own with income in Hyde Park.

Last Agent to Sell the Property

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068 Listed on: 07/22/2021

Last Buyer's Agent

Rocio Calderon

Neighborhood Assistance Corp. License #475152397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • Built in 1892

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 20x145

Home Design

  • Rowhouse Architecture
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

Built in 1892

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Row House
  • New Construction: No
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 20X145
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 58800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9413.88
  • Tax Year: 2019
  • 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

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $740,000 -1.2% --
08/23/2021 08/23/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $749,000 +87.3% --
12/19/2013 12/19/13 Sold $399,900 0.0% -- View Prior Sale
11/17/2013 11/17/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $399,900 0.0% --
11/06/2013 11/06/13 Pending -- -- --
10/31/2013 10/31/13 Price Changed $399,900 -4.6% --
10/12/2013 10/12/13 For Sale $419,000 -- --
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 $10,097 $65,000 $17,856 $47,144
2024 $10,097 $65,000 $17,856 $47,144
2023 $9,786 $51,000 $14,400 $36,600
2022 $9,786 $51,000 $14,400 $36,600
2021 $9,586 $51,000 $14,400 $36,600
2020 $9,391 $45,256 $11,520 $33,736
2019 $9,414 $50,285 $11,520 $38,765
2018 $9,733 $52,707 $11,520 $41,187
2017 $9,658 $48,242 $9,504 $38,738
2016 $9,662 $48,242 $9,504 $38,738
2015 $8,840 $48,242 $9,504 $38,738
2014 $7,528 $40,573 $7,776 $32,797
2013 $7,379 $40,573 $7,776 $32,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11137543

Midwest Real Estate Data (MRED)
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