NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $600,000

3 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • Community Pool
  • Maine East High School Rated A
  • Recreation Room
  • 5-minute walk to Courtland Park

About This Home

As of July 2023

Introducing an Investor's Dream, this remarkable 6-bedroom home on Willow Lane presents an exceptional opportunity. Nestled in the serene suburb of Niles, amidst picturesque trees, this turn-key property has undergone immaculate renovations in recent years. Boasting a versatile layout, it offers the flexibility of a 2-unit home that can serve as an in-law suite, a lucrative investment, or a spacious single-family residence. The first level showcases a charming 2-bedroom, 1-bathroom unit with a newly updated kitchen, while the second floor boasts 4 generous bedrooms and 1 bathroom. Both units have received fresh paint, highlighting the beautifully refinished and stained oak floors. Notable upgrades include a brand new roof (installed in 2023), new windows (installed in 2022), as well as newly installed canned lights and light fixtures. In 2023, brand new sump pumps were added, and there's also a newer power roof vent. The property features a full unfinished basement, a gas heating system with boilers that are only 7 years old, and convenient common laundry facilities in the basement. For added convenience, a deep 2.5-car garage (measuring 19'x 26') and a driveway with newer concrete floors are available with additional storage. New sod added to the entire front yard. All new window well covers. Currently, the first floor is rented for $1,900, while the second floor is owner-occupied and has the potential to be rented for $2,400-$2,500. Situated in a prime location, this home offers effortless access to parks, restaurants, shopping centers, supermarkets, an indoor mall, craft stores, and more. Whether you're a large family in search of the perfect home or a savvy investor seeking a lucrative opportunity, this property is an exceptional find. Don't miss out on this chance to make it your own.

Last Agent to Sell the Property

Sumaiya Patel

Guidance Realty License #475147426 Listed on: 06/01/2023

Last Buyer's Agent

Renata Pieczka

United Real Estate Elite License #475166007

United Real Estate Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,559

Year Built

  • Built in 1969 | Remodeled in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Property is near a park

Schools

  • Washington Elementary School
  • Gemini Junior High School
  • Maine East High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water
  • Multiple Water Heaters
  • Overhead Sewers

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,559

Year Built

Built in 1969 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Multiple Water Heaters
  • Room Type: Kitchen, Den, Foyer, Recreation Room, Utility Room-Lower Level
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Skylights/Windows
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Skylights/Windows,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 625000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Heating: Steam, Baseboard, Sep Heating Systems - 2+, Zoned
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Street Paved

Schools

  • Elementary School: Washington Elementary School
  • High School: Maine East High School
  • Middle/Junior School: Gemini Junior High School
  • Middle/Junior School District: 63

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 5365
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10559.08
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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
07/10/2023 07/10/23 Sold $600,000 -4.0% --
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $625,000 +50.6% --
04/15/2021 04/15/21 Sold $415,000 -9.8% --
03/02/2021 03/02/21 Pending -- -- --
11/09/2020 11/09/20 Price Changed $459,999 -5.2% --
09/20/2020 09/20/20 Price Changed $485,000 -3.0% --
06/15/2020 06/15/20 For Sale $500,000 -- --
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: 11797203

Midwest Real Estate Data (MRED)