NOT LISTED FOR SALE
40 Beds
24 Baths
-- Sq Ft
0.53 Acres

Last Sold September 09, 2015

Last sale price $2,550,000

28 Days on Market

Highlights

  • 22,916 Sq Ft lot
  • Central Heating
  • 1-minute walk to Grandparents' Park
  • William Howard Taft High School Rated A-
  • Baseboard Heating

About This Home

As of September 2015

RARELY AVAILABLE!!! 24 Units!!! Two 12-unit all brick buildings being sold together**One of Chicago's best rental locations!!! Long-term owners -- low rents**4-3BR, 1.5 BA units/8-2BR, 1 BA units/12-1BR, 1 BA units**9 bathrooms remodeled**Hardwood floors in most units**4 laundry rooms--6 washers & 6 dryers**Private pkg for 20 cars*Close to park**Walk to "L" train**Quick access to Kennedy Expy, major highways & O'Hare

Last Agent to Sell the Property

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 06/24/2015

REMAX Legends

Last Buyer's Agent

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 06/24/2015

REMAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,017

Year Built

  • Built in 1972

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 172 x 133
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 24 Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 24 Units

Building Details

  • Electric Expense $1,371
  • Fuel Expense $23,289
  • Insurance Expense $9,095
  • Maintenance Expense $14,400
  • Other Expense $5,350
  • Trash Expense $7,005
  • Water Sewer Expense $10,817
  • Operating Expense $92,344
  • Gross Income $26,430
  • Net Operating Income $17,782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,017

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Listing Agent Must Accompany,Other-See Remarks
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 24
  • Total Bedrooms: 40
  • Fireplaces: 6
  • Refrigerators: 24
  • Ranges: 24
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip,Pitched

Garage/Parking

  • Outdoor Parking: 19-30 Spaces,Paved,Private Lot

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 7005
  • Water Sewer Expenses: 10817

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 172 X 133
  • Lot Size Sq Ft: 22916
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 17782
  • Fuel Expense: 23289
  • Insurance Expense: 9095
  • ElectricExpense: 1371
  • GrossIncome: 26430
  • Maintenance Expense: 14400
  • NumberOfUnitsTotal: 24
  • OperatingExpense: 92344
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 21017
  • Tax Year: 2013

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 List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $2,550,000 -11.3% --
07/22/2015 07/22/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $2,875,000 -- --
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: 08963900

Midwest Real Estate Data (MRED)

APN: 12111200200000