NOT LISTED FOR SALE
10 Beds
6 Baths
861 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $1,150,000 $1,336 Per Sq Ft

24 Days on Market

About This Home

As of October 2021

NEWLY REHABBED WICKER PARK 4-UNIT BUILDING WITH COACH HOUSE. $95K ANNUAL GROSS RENTAL INCOME. FRONT BUILDING HAS 2 3BR/2BA DUPLEXES, GREAT OWNERS UNIT AND CURRENTLY FULLY OCCUPIED. COACH HOUSE HAS A 2BR+DEN/1BA APT & A 1BR+DEN APT. RECENTLY REMODELED WITH MODERN KITCHENS, BATHS, HW FLOORS & FORCED AIR HEAT/AC. GREAT INCOME WITH ROOM FOR INCREASES. CLOSE TO BLUE LINE, EXPRESSWAY & DIVISION ST. RECENT UPDATES INCLUDE: ROOFS, GUTTERS, TUCK-POINTING, THERMOSTATS, BACK STAIRCASE, BUILT OUT LAUNDRY ROOM/STORAGE AND BASEMENT, NEW CARPET ON STAIRS IN 2F AND NEW W/D, FENCE. THIS BUILDING DRIVES IN GREAT INCOME AS IS BUT WITH SMALL COSMETIC UPDATES TO COACH HOUSE IT COULD BECOME MASSIVE RENTAL INCOME AND DRIVE UP SALES PRICE SIGNIFICANTLY.

Last Agent to Sell the Property

Tim Sheahan

Compass License #475145058 Listed on: 06/14/2021

Compass

Co-Listed By

Thomas Jakacki

Compass License #475191492

Last Buyer's Agent

Ashley Donat

Compass License #471021517

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,062

Year Renovated

  • 2014

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x130

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • East Village Subdivision

Building Details

  • Insurance Expense $513
  • Water Sewer Expense $55
  • Gross Income $94,740
  • Net Operating Income $76,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,062

Year Renovated

2014

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
  • Subdivision Name: East Village
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Partial
  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors,Skylights/Windows
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 55

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X130
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 76678
  • Insurance Expense: 513
  • GrossIncome: 94740
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,Coach House

Tax Info

  • Tax Annual Amount: 13062
  • Tax Year: 2019
  • Tax Exemptions: None

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

Listed on
Jun 14, 2021
Closed on
Sep 7, 2021
Sold by
Bought by
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Ashley Donat
Compass
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2018
Sold by
Bought by

Purchase Details

Listed on
Feb 16, 2015
Closed on
Apr 10, 2015
Sold by
Bought by
Seller's Agent
Jason Vondrachek
Quest Realty Group LLC
Buyer's Agent
Nick Libert
EXIT Strategy Realty
List Price
$939,900
Sold Price
$909,000
Premium/Discount to List
-$30,900
-3.29%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2003
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
$513,000
Interest Rate
0.0425%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1999
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
$408,000
Interest Rate
0.085%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,150,000 Chicago Title
-- Attorney
$909,000 Stewart Title
-- --
$570,000 Mtc
$347,500 --
$225,000 --
-- --
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 $860,000
Previous Owner $513,000
Previous Owner $408,000
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
10/01/2021 10/01/21 Sold $1,150,000 -4.1% $1,336 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $1,199,000 +31.9% $1,393 / Sq Ft
04/10/2015 04/10/15 Sold $909,000 -3.3% $1,056 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $939,900 -- $1,092 / Sq Ft
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 $22,289 $102,000 $28,275 $73,725
2024 $22,289 $102,000 $28,275 $73,725
2023 $21,663 $105,322 $22,750 $82,572
2022 $21,663 $105,322 $22,750 $82,572
2021 $21,179 $105,322 $22,750 $82,572
2020 $13,102 $58,813 $11,050 $47,763
2019 $13,062 $65,015 $11,050 $53,965
2018 $12,843 $65,015 $11,050 $53,965
2017 $12,054 $55,994 $9,750 $46,244
2016 $11,215 $55,994 $9,750 $46,244
2015 $10,261 $55,994 $9,750 $46,244
2014 $9,184 $49,497 $8,125 $41,372
2013 -- $49,497 $8,125 $41,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11122533

Midwest Real Estate Data (MRED)

APN: 17-06-431-006

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