$368,000
SOLD NOV 5, 2019
12 Beds
6 Baths
6,144 Sq Ft
6,252 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

1% Above List Price

15 Days on Market

About This Home

As of March 2022

Gorgeous, Well Maintained Brick 6 Unit Building Nestled on a Corner Lot in residential Area! Exterior Updates Include Newer Rear Porch, Double Pane Windows, Tuck-Pointing, Newer Boiler. All Units Feature Updated Oak Cabinets, Glass Back Splash, and Renodeled Bathrooms! The Property is Fully Occupied with Long Term Tenancy. The property is located in the City of Chicago Opportunity Zone. Huge Upside Potential for any Seasoned Investor! Serious Inquiries Only - Must provide 20% Liquidity to Show.

Last Agent to Sell the Property

James Mattz

Keller Williams Preferred Rlty License #471014052 Listed on: 09/10/2019

Keller Williams Preferred Rlty

Last Buyer's Agent

Anthony Golob

Halsted Taylor Real Estate License #471015175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,530

Year Built

  • Built in 1921

Lot Details

  • 6,252 Sq Ft Lot
  • Lot Dimensions are 60 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,144 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $6,500
  • Insurance Expense $3,300
  • Trash Expense $1,500
  • Water Sewer Expense $2,500
  • Operating Expense $19,200
  • Gross Income $52,200
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,530

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1921
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions,Other-See Remarks,No Sign on Property,Highly Confidential
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Unfinished,Exterior Access
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 363000
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1500
  • Water Sewer Expenses: 2500
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60 X 125
  • Lot Size Sq Ft: 6252
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6144

Multi Family

  • Net Operating Income: 33000
  • Fuel Expense: 6500
  • Insurance Expense: 3300
  • ElectricExpense: 300
  • GrossIncome: 52200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19200
  • Expense Year: 2018
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5530
  • Tax Year: 2017

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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
03/18/2022 03/18/22 Sold $760,000 +27.7% $124 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
08/24/2021 08/24/21 For Sale -- -- --
05/04/2021 05/04/21 For Sale -- -- --
05/03/2021 05/03/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $595,000 -6.3% $97 / Sq Ft
12/28/2020 12/28/20 For Sale $635,000 +72.6% $103 / Sq Ft
11/05/2019 11/05/19 Sold $368,000 +1.4% $60 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $363,000 -- $59 / 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: 10512735

Midwest Real Estate Data (MRED)

APN: 20324250150000