NOT LISTED FOR SALE
12 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: March 2, 2021

Last sale price $396,850

10 Days on Market

About This Home

As of March 2021

Unique opportunity to own a fully stabilized and cash-flowing 3-flat in Chicago's hot Woodlawn neighborhood. This property features three (3) recently updated units with four (4) bedrooms and one (1) bathroom per unit. The building has been updated throughout with new mechanicals, plumbing and electrical systems. The building has also been recently tuck-pointed and the roof has been re-pitched and a new silver coating was installed. The unit upgrades include new kitchens, new bathrooms, updated flooring, new trim and much more. The property is located within walking distance of the Green Line and an Aldi. Other area amenities include: The University of Chicago, local shops & restaurants, Jackson Park, 63rd Street Beach and convenient access to Lake Shore Drive. Soon, the area amenities will also include the Obama Presidential Library and Tiger Woods-designed golf course. This building is being sold as part of a larger portfolio, ask to learn more.

Last Agent to Sell the Property

Jon Garrity

PIP Realty Group License #475181625 Listed on: 01/13/2021

Last Buyer's Agent

Amir Dana

HomeSmart Connect LLC License #475188087

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1925 | 2017

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near bus stop

Listing and Financial Details

  • $11,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built | Renovated

1925 | 2017

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1925
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925
  • Year Renovated: 2017

Interior Features

  • Number Of Rooms: 18
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 12
  • Above Grade Bedrooms: 12

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.05

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 2160
  • Parcel Identification Number: 20231210440000

Rental Info

  • Total Rental Income: 3800

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 3

Tax Info

  • Taxes: 4089.77
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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
03/02/2021 03/02/21 Sold $396,850 +13.4% --
01/23/2021 01/23/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $349,900 +17.0% --
12/09/2016 12/09/16 Sold $299,000 -5.1% -- View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $315,000 -- --
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 $3,600 $37,000 $2,700 $34,300
2024 $3,600 $37,000 $2,700 $34,300
2023 $3,497 $17,000 $2,700 $14,300
2022 $3,497 $17,000 $2,700 $14,300
2021 $3,419 $17,000 $2,700 $14,300
2020 $4,036 $18,116 $2,376 $15,740
2019 $4,090 $20,356 $2,376 $17,980
2018 $4,021 $20,356 $2,376 $17,980
2017 $3,618 $16,808 $2,160 $14,648
2016 $795 $3,967 $2,160 $1,807
2015 $3,707 $20,231 $2,160 $18,071
2014 $3,102 $16,720 $1,728 $14,992
2013 $3,041 $16,720 $1,728 $14,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10970202

Midwest Real Estate Data (MRED)
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