NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: October 19, 2022

Last sale price $389,000

93 Days on Market

Highlights

  • Gated Community
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Fenced Yard

About This Home

As of October 2022

Welcome to this beautifully renovated 4-unit Multifamily property in South Chicago. The value of the property is in cash flow from Day 1, Double lot and beautiful Location. All 4 units are leased and completely renovated in 2020! New plumbing, new heating, new water, new kitchens with granite countertops, stainless steel appliances and new floors all installed in 2020. New 2020 bathrooms with porcelain tiles. Laundry in the basement. 4 parking spaces. Occupancy certified. 3 units are 2 bedroom 1 bath and 1 unit is 1 bedroom plus 1 den. Don't miss out this amazing opportunity to own this great Multifamily home as investment property or move in with an extra income.

Last Agent to Sell the Property

Aleksandra Radovanovic

arhome realty License #475194884 Listed on: 06/06/2022

arhome realty

Last Buyer's Agent

Linda Pitts

Coldwell Banker Real Estate Group License #475126898

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1905 | Remodeled in 2020

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

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

Community Details

Overview

  • 4 Units
  • 4 Unit

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1905 | Remodeled in 2020

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X 138.6 ; 25X 138.6
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 1734.71
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s
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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
10/19/2022 10/19/22 Sold $389,000 -8.5% --
09/08/2022 09/08/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $425,000 -2.3% --
07/13/2022 07/13/22 Price Changed $435,000 -2.2% --
06/06/2022 06/06/22 For Sale $445,000 +790.0% --
05/28/2019 05/28/19 Sold $50,000 +1.0% -- View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $49,500 +65.0% --
03/28/2016 03/28/16 Sold $30,000 -7.7% -- View Prior Sale
02/25/2016 02/25/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $32,500 -- --
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 $1,586 $20,200 $2,606 $17,594
2024 $1,586 $20,200 $2,606 $17,594
2023 $1,547 $7,500 $3,475 $4,025
2022 $1,547 $7,500 $3,475 $4,025
2021 $1,512 $7,500 $3,475 $4,025
2020 $959 $4,293 $3,475 $818
2019 $2,701 $13,407 $3,475 $9,932
2018 $2,655 $13,407 $3,475 $9,932
2017 $3,711 $17,203 $3,127 $14,076
2016 $3,454 $17,203 $3,127 $14,076
2015 $3,160 $17,203 $3,127 $14,076
2014 $2,984 $16,041 $2,432 $13,609
2013 $2,924 $16,041 $2,432 $13,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11426660

Midwest Real Estate Data (MRED)
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