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

Sale Details

Date Sold: November 25, 2024

Last sale price $1,500,000

233 Days on Market

Highlights

  • Rooftop Deck
  • Brownstone
  • Garage Ceilings 7 ft or Higher
  • Mayer Elementary School Rated A-
  • 2.5 Car Detached Garage
  • Brick Porch or Patio

About This Home

As of November 2024

Presenting this stately, all brick 3-unit building in the heart of Lincoln Park on sought-after Webster Street. This gorgeous property is located on a lot that is over 26 feet wide, and is rehabbed throughout. Each unit in the building comes equipped with its own central air, gas forced heat, as well as a side-by-side washer and dryer. In addition, each unit has its own private walk-up front exterior entrance and separate meters. You'll love the new, extra-large rooftop deck that offers incredible skyline views and overlooks charming Lincoln Park. The sun-drenched top-floor unit boasts skylights, tall ceilings with large picture windows, and charming moldings that are typical of a classic Chicago vintage walk-up building. Additionally, the unit has been freshly painted and has newly refinished hardwood floors. The second floor unit is complete with 2 beds/1 bath, an eat-in kitchen and rear sunroom. The first floor unit has 2 bedrooms, 2 baths plus a rear den/office space. This freshly painted unit has a new HVAC(2023), and walks out to the building's rear patio and yard with firepit. The 2.5 car garage offers 2 garage spaces plus storage for additional income. These units are extremely easy to rent, and offer tons of potential and ability to increase rents making this a sound investment. Low maintenance building with endless possibilities. Do no miss this great opportunity for a live-in owner occupant, long-term investor or conversion to a single family residence in one of Chicago's most desirable neighborhoods. As a live-in owner -- live on the top floor with a private roof-deck and have a large income stream all while building equity and your portfolio. As a single family conversion -- gut renovate to create the home of your dreams in this desirable Lincoln Park location. Beautiful and classic Chicago property just steps to Halsted St and Armitage Ave shopping and dining; and conveniently located just a short walk to the Brown and Red lines. Oscar Meyer School District.

Last Agent to Sell the Property

Megan Tirpak

@properties Christie's International Real Estate License #475131737 Listed on: 03/06/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Aaron Spiro

Pearson Realty Group License #475192695

Pearson Realty Group
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,374

Year Renovated

  • 2001

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 26.15x 125

Parking

  • 2.5 Car Detached Garage
  • Garage Ceilings 7 ft or Higher
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brownstone
  • Rowhouse Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Rooftop Deck
  • Brick Porch or Patio

Schools

  • Oscar Mayer Elementary School

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,786
  • Water Sewer Expense $1,343
  • Gross Income $112,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,374

Year Renovated

2001

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone, Row House
  • New Construction: No
  • Age: 100+ Years,Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2001
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2001

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Gas,Laundry Hook-Up,Hardwood Floors,Skylights/Windows

Exterior Features

  • ExteriorFeatures: Roof Deck, Brick Paver Patio, Storms/Screens
  • Foundation Details: Stone
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 1343

Schools

  • Elementary School: Oscar Mayer Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 26.15X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 3786
  • GrossIncome: 112260
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 26373.81
  • Tax Year: 2023
  • 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
Mar 6, 2024
Closed on
Nov 9, 2024
Sold by
1102 Devon Court Llc
Bought by
Seller's Agent
Megan Tirpak
@properties Christie's International Real Estate
Buyer's Agent
Aaron Spiro
Pearson Realty Group
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Views
102

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 15, 2022
Sold by
Leventis James A and Leventis Eleni
Bought by
1102 Devon Court Llc
Seller's Agent
John Korolis
Prime Capital Real Estate
Buyer's Agent
Nan Vaile
Baird & Warner
List Price
$1,499,900
Sold Price
$1,415,000
Premium/Discount to List
-$84,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Nov 5, 2018
Sold by
Pierce Ryan L S
Bought by
Evanjimcal Lp
Seller's Agent
John Giambarberee
Baird & Warner
Buyer's Agent
John Korolis
Prime Capital Real Estate
List Price
$1,300,000
Sold Price
$1,240,000
Premium/Discount to List
-$60,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$515,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Pierce Ryan and Pierce Ryan L S
Bought by
Pierce Ryan L S and Ryan L S Pierce Living Trust

Purchase Details

Closed on
Sep 21, 2005
Sold by
Harrington Jeffrey L
Bought by
Pierce Ryan and Pierce Amanda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2003
Sold by
Baur Thomas H and Derham Lynn I
Bought by
Harrington Jeffery L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2000
Sold by
Derham Robert E
Bought by
Derham Lynn I and Derham Robert E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lincoln Park, IL

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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
$1,500,000 Old Republic Title
1102 Devon Court Llc $1,415,000 None Listed On Document
Evanjimcal Lp $1,240,000 Chicago Title
Pierce Ryan L S -- Attorney
Pierce Ryan $1,150,000 Ticor Title
Harrington Jeffery L $890,000 Atgf Inc
Derham Lynn I -- --
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 $515,000
Closed Pierce Ryan $920,000
Previous Owner Harrington Jeffery L $620,000
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
11/25/2024 11/25/24 Sold $1,500,000 -6.2% --
10/26/2024 10/26/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $1,599,000 -5.7% --
03/06/2024 03/06/24 For Sale $1,695,000 +19.8% --
07/15/2022 07/15/22 Sold $1,415,000 -5.7% -- View Prior Sale
07/06/2022 07/06/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,499,900 0.0% --
05/17/2022 05/17/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,499,900 +21.0% --
11/09/2018 11/09/18 Sold $1,240,000 -4.6% -- View Prior Sale
08/25/2018 08/25/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,300,000 -- --
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 $26,374 $142,000 $50,654 $91,346
2024 $26,374 $142,000 $50,654 $91,346
2023 $25,007 $125,000 $40,850 $84,150
2022 $25,007 $125,000 $40,850 $84,150
2021 $24,467 $125,000 $40,850 $84,150
2020 $20,605 $95,595 $35,948 $59,647
2019 $21,340 $106,217 $35,948 $70,269
2018 $20,946 $109,472 $35,948 $73,524
2017 $20,896 $100,446 $29,412 $71,034
2016 $19,618 $100,446 $29,412 $71,034
2015 $17,926 $100,446 $29,412 $71,034
2014 $15,303 $85,046 $22,876 $62,170
2013 $14,989 $85,046 $22,876 $62,170
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11996983

Midwest Real Estate Data (MRED)
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