NOT LISTED FOR SALE
8 Beds
6 Baths
4,800 Sq Ft
-- Built

Last Sold March 23, 2022

Last sale price $1,010,000 $210 Per Sq Ft

Highlights

  • Gated Community
  • Sun or Florida Room
  • Forced Air Heating System
  • Deck
  • Patio
  • 3-minute walk to Puptown Dog Park

About This Home

As of March 2022

Long-time family-owned, this extra-wide legal three flat in Uptown is located on the first block from the lake and is the perfect turnkey investment for the armchair investor. Fully rented, this all-masonry building has some unique and favorable features such as two extra-large units, extra-large private decks for units 2 and 3, a private 600 sq ft patio for unit 1, an area on the side for gardening, and a curb cut on Lawrence that extends all the way to the alley, leaving room for five car tandem parking. Each unit has its own in-unit W/D and sliding door off the primary bedroom for private deck access. Building has central air and heat, so tenants pay for gas and electric. Basement is unfinished with the possibility to duplex-down from unit 1. Just blocks from the lake, beach, parks, music district, Red Line, Aldi, Target, The Baton, and Green Mill Tavern, this location has it all!

Last Agent to Sell the Property

Rizwan Gilani

ALLURE Real Estate License #475126352 Listed on: 02/21/2022

ALLURE Real Estate

Co-Listed By

Randy Romano

Baird & Warner License #475163909

Last Buyer's Agent

Marianthi Proutsos

The Realty Brokers Ltd. License #475166409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,678

Lot Details

  • Lot Dimensions are 45x99
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $543
  • Insurance Expense $4,830
  • Trash Expense $1,986
  • Water Sewer Expense $1,986
  • Gross Income $80,820

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,678

Lot Details

0

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 1000000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley, Off Street, Driveway
  • ParkingTotal: 5
  • Number of Cars: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 1986
  • Water Sewer Expenses: 1986

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 45X99
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 4830
  • ElectricExpense: 543
  • GrossIncome: 80820
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 14677.62
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
03/23/2022 03/23/22 Sold $1,010,000 +1.0% $210 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $1,000,000 -- $208 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11329437

Midwest Real Estate Data (MRED)

APN: 14172050140000