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
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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

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

Closed on
Feb 2, 2023
Sold by
Bought by

Purchase Details

Listed on
Jun 6, 2022
Closed on
Oct 4, 2022
Sold by
Bought by
Seller's Agent
Aleksandra Radovanovic
arhome realty
Buyer's Agent
Linda Pitts
Coldwell Banker Real Estate Group
List Price
$445,000
Sold Price
$389,000
Premium/Discount to List
-$56,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2019
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Michael Applegate
Straight-A Realty, LLC
Buyer's Agent
Marcus Carter
Chicagoland Brokers, Inc.
List Price
$49,500
Sold Price
$50,000
Premium/Discount to List
$500
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.83%

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 18, 2016
Sold by
Bought by
Seller's Agent
Nichelle Cole
Dreams Fulfilled Realty Inc
Buyer's Agent
Tytus Cousins
Intellectual Real Estate Services and Investments
List Price
$32,500
Sold Price
$30,000
Premium/Discount to List
-$2,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%

Purchase Details

Closed on
Feb 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
11.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 1996
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
-- None Listed On Document
-- Citywide Title
$50,000 Fidelity National Title
$30,000 None Available
$73,500 None Available
-- None Available
$290,000 Tristar Title Inc
$100,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $291,750
Previous Owner $246,500
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 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

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 $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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