NOT LISTED FOR SALE
13 Beds
6 Baths
6,570 Sq Ft
1972 Built

Sale Details

Date Sold: December 15, 2022

Last sale price $902,000 $137 Per Sq Ft

6 Days on Market

About This Home

As of December 2022

GREAT INVESTMENT IN PRIME CHICAGO LOCATION!!! ALL BRICK 6 FLAT WITH 5 PARKING SPOTS. LONG TIME TENANTS - INCOME COULD BE MUCH HIGHER BASED ON AREA. RECENT UPDATES INCLUDE: HOT WATER HEATER WITH SOME COPPER PIPE REPLACEMENT 2019. BATHROOM GLASS BLOCK WINDOWS 2021. ALL OTHER WINDOWS AND EACH FRONT BACK APARTMENT FIREPROOF DOORS 2016. ROOF AND BOILER 2014. TUCK POINTING 2005. ADDITIONAL UPDATING INCLUDES SOME FLOORS, VANITIES, MIRRORS AND APPLIANCES. TENANTS PAY ELECTRIC AND CABLE, OWNER PAYS GAS. WASHER/DRYER COIN OPERATED. CLEAN BUILDING, PLEASURE TO SHOW!!! LISTING BROKER IS RELATED TO SELLER.

Last Agent to Sell the Property

Michael Tambellini

HomeSmart Connect LLC License #475125613 Listed on: 10/26/2022

Last Buyer's Agent

Richard Dawidiuk

REMAX Legends License #475134041

REMAX Legends
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,723

Year Built

  • Built in 1972

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Additional Features

  • 3-Story Property
  • Lot Dimensions are 40x128

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $445
  • Fuel Expense $5,581
  • Insurance Expense $3,017
  • Maintenance Expense $3,990
  • Trash Expense $1,362
  • Water Sewer Expense $3,278
  • Operating Expense $17,674
  • Gross Income $80,880
  • Net Operating Income $48,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,723

Year Built

Built in 1972

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 13
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1362
  • Water Sewer Expenses: 3278

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X128
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 48483
  • Fuel Expense: 5581
  • Insurance Expense: 3017
  • ElectricExpense: 445
  • GrossIncome: 80880
  • Maintenance Expense: 3990
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17674
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14723.2
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 15, 2022
Sold by
Bought by
Seller's Agent
Michael Tambellini
HomeSmart Connect LLC
Buyer's Agent
Richard Dawidiuk
REMAX Legends
List Price
$950,000
Sold Price
$902,000
Premium/Discount to List
-$48,000
-5.05%
Views
46

Purchase Details

Closed on
Nov 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2012
Sold by
Bought by

Purchase Details

Closed on
May 27, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$902,000 Chicago Title
-- Attorney
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $902,000 -5.1% $137 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $950,000 -- $145 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,053 $87,000 $13,640 $73,360
2024 $16,053 $87,000 $13,640 $73,360
2023 $15,650 $76,086 $10,912 $65,174
2022 $15,650 $76,086 $10,912 $65,174
2021 $15,300 $76,086 $10,912 $65,174
2020 $14,366 $64,488 $6,820 $57,668
2019 $14,723 $73,282 $6,820 $66,462
2018 $14,476 $73,282 $6,820 $66,462
2017 $12,556 $58,327 $6,001 $52,326
2016 $11,682 $58,327 $6,001 $52,326
2015 $11,251 $61,397 $6,001 $55,396
2014 $11,387 $61,373 $5,456 $55,917
2013 $11,162 $61,373 $5,456 $55,917
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11660618

Midwest Real Estate Data (MRED)

APN: 12111110170000

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