NOT LISTED FOR SALE
6 Beds
4 Baths
2,080 Sq Ft
-- Built

Last Sold January 24, 2023

Last sale price $727,000 $350 Per Sq Ft

81 Days on Market

About This Home

As of January 2023

Recently renovated 3-unit apartment property in a prime TriTaylor location, situated less than one mile from the Illinois Medical District, which encompasses Rush University Medical Center, Cook County Hospital & the University of Illinois Chicago. The Subject Property consists of two (2) 2 Bed/1 Bath units and one (1) completely renovated 2 Bed/1 Bath garden unit. Each unit features hardwood floors, quartz or granite countertops, stainless steel or white appliances, central heat and air conditioning, a private deck and in-unit laundry. The property also includes three (3) exterior parking spaces and a recently renovated gorgeous yard. This offering presents investors an opportunity to acquire a low-maintenance renovated asset with significant rental upside in an increasingly popular location.

Last Agent to Sell the Property

Nicholas Apostal

Keller Williams ONEChicago License #471017557 Listed on: 09/23/2022

Keller Williams ONEChicago

Last Buyer's Agent

Carol Collins

Jameson Sotheby's Intl Realty License #471012982

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,060

Year Renovated

  • 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Lot Dimensions are 25x125
  • Forced Air Heating System

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $150
  • Insurance Expense $2,350
  • Maintenance Expense $1,500
  • Professional Management Expense $900
  • Water Sewer Expense $1,500
  • Gross Income $60,000
  • Net Operating Income $42,777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,060

Year Renovated

2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • List Price: 750000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1500
  • Other Expenses $: 1500

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 42777
  • Insurance Expense: 2350
  • ElectricExpense: 150
  • GrossIncome: 60000
  • Maintenance Expense: 1500
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7059.99
  • Tax Year: 2020

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
01/24/2023 01/24/23 Sold $727,000 -3.1% $350 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $750,000 -- $361 / 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: 11637375

Midwest Real Estate Data (MRED)

APN: 17183150180000