NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: January 8, 2021

Last sale price $240,000

56 Days on Market

Highlights

  • Forced Air Heating System
  • 3-minute walk to South Chicago (93Rd Street) Station
  • 3-minute walk to South Chicago Peoples Park

About This Home

As of January 2021

CALLING ALL INVESTORS! 11% CAP RATE! All three apartments have hardwood floors, laundry hookups, and all of the appliances stay. Long-term tenants. Walking distance to public transportation, stores, schools and restaurants. This is a well-kept and very clean building. Cash Cow! Schedule a showing today!!!!

Last Agent to Sell the Property

Darek Winski

Exit Realty Redefined License #475188610 Listed on: 09/17/2020

Exit Realty Redefined

Last Buyer's Agent

Joan Stube

Redfin Corporation License #471020549

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,434

Year Renovated

  • 2019

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Included in Price

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $450
  • Fuel Expense $1,610
  • Insurance Expense $2,304
  • Maintenance Expense $620
  • Water Sewer Expense $1,409
  • Gross Income $37,392
  • Net Operating Income $28,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,434

Year Renovated

2019

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Steel Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Other
  • ParkingTotal: 4

Utilities

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

Fee Information

  • Water Sewer Expenses: 1409

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 28565
  • Fuel Expense: 1610
  • Insurance Expense: 2304
  • ElectricExpense: 450
  • GrossIncome: 37392
  • Maintenance Expense: 620
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 2433.76
  • 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
Sep 17, 2020
Closed on
Jan 8, 2021
Sold by
Bought by
Seller's Agent
Darek Winski
Exit Realty Redefined
Buyer's Agent
Joan Stube
Redfin Corporation
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Outstanding Balance
$210,570
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Chicago, IL

See All Agents

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
$240,000 Affinity Title
$31,000 Ticor Title
-- Chicago Title Insurance Co
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
Open $235,653
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
01/08/2021 01/08/21 Sold $240,000 -4.0% --
11/12/2020 11/12/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $249,900 -- --
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 $1,058 $21,301 $2,438 $18,863
2024 $1,058 $21,301 $2,438 $18,863
2023 $1,032 $5,000 $3,250 $1,750
2022 $1,032 $5,000 $3,250 $1,750
2021 $1,008 $5,000 $3,250 $1,750
2020 $2,347 $10,511 $2,112 $8,399
2019 $2,434 $12,082 $2,112 $9,970
2018 $2,393 $12,082 $2,112 $9,970
2017 $2,759 $12,789 $1,950 $10,839
2016 $2,568 $12,789 $1,950 $10,839
2015 $2,349 $12,789 $1,950 $10,839
2014 $2,041 $10,971 $1,625 $9,346
2013 $2,000 $10,971 $1,625 $9,346
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10861725

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.