NOT LISTED FOR SALE
14 Beds
6 Baths
6,068 Sq Ft
1924 Built

Last Sold January 30, 2023

Last sale price $420,000 $69 Per Sq Ft

148 Days on Market

About This Home

As of January 2023

Do not miss out on the nice Brick 6 unit building. Building has 4 2 bedroom units and 2 3 bedroom units. Boiler was updated 2021. Hot water heater updated 2018. Roof remopped 2021. Fenced in courtyard. Tenants are month to month. Some are long term tenants. Full unfinished basement with a bonus unit. There is a brick 12 unit building also listed for sale right across the alley from this one.

Last Agent to Sell the Property

Thomas Wolfe

RE/MAX Premier Brokerage Phone: (708) 702-9727 License #475104557 Listed on: 06/06/2022

RE/MAX Premier

Last Buyer's Agent

Breanna Ogunkoya

Berkshire Hathaway HomeServices Chicago License #475192213

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 43.7 x 124.8

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $432
  • Fuel Expense $10,692
  • Insurance Expense $3,980
  • Maintenance Expense $3,500
  • Trash Expense $960
  • Water Sewer Expense $4,600
  • Operating Expense $24,764
  • Gross Income $84,252
  • Net Operating Income $59,488

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,445

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: Short Notice OK
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • AttributionContact: (708) 702-9727
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (708) 702-9727
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 960
  • Water Sewer Expenses: 4600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 43.7 X 124.8
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 6068

Multi Family

  • Net Operating Income: 59488
  • Fuel Expense: 10692
  • Insurance Expense: 3980
  • ElectricExpense: 432
  • GrossIncome: 84252
  • Maintenance Expense: 3500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24764
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3444.93
  • Tax Year: 2020
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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
01/30/2023 01/30/23 Sold $420,000 -23.6% $69 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $549,900 -8.3% $91 / Sq Ft
08/18/2022 08/18/22 For Sale $599,900 0.0% $99 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $599,900 -- $99 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $4,566 $40,001 $2,643 $37,358
2024 $4,566 $40,001 $2,643 $37,358
2023 $4,451 $21,640 $3,435 $18,205
2022 $4,451 $21,640 $3,435 $18,205
2021 $4,351 $21,639 $3,435 $18,204
2020 $3,445 $15,464 $3,435 $12,029
2019 $3,531 $17,573 $3,435 $14,138
2018 $3,686 $18,659 $3,435 $15,224
2017 $4,791 $22,258 $3,171 $19,087
2016 $4,458 $22,258 $3,171 $19,087
2015 $4,079 $22,258 $3,171 $19,087
2014 $3,444 $18,561 $2,906 $15,655
2013 $3,376 $18,561 $2,906 $15,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11426826

Midwest Real Estate Data (MRED)

APN: 20323290010000