$747,500
SOLD MAR 18, 2025
-- Bed
-- Bath
-- Sq Ft
1927 Built

Recently Sold

3% Above List Price

170 Days on Market

About This Home

As of March 2025

Investor's Delight....12-unit property features (9) spacious one bedroom units and (3) two-bedroom units; this property is the ultimate investment. Well Kept, family owned for many years. Longtime residents, newly updated, painted interior, and new back porch. Nestled on a super quiet block of Chicago with very clean surroundings.....This property is a prime opportunity for a savvy investor.

Last Agent to Sell the Property

Shirley Fields

Coldwell Banker Realty License #471019196 Listed on: 07/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,210

Year Built

  • Built in 1927

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25 x 125
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $724
  • Fuel Expense $9,896
  • Insurance Expense $3,192
  • Maintenance Expense $5,500
  • Other Expense $10,000
  • Trash Expense $1,705
  • Water Sewer Expense $1,847
  • Operating Expense $22,500
  • Gross Income $94,800
  • Net Operating Income $72,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,210

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Central Bldg Heat,Forced Air

Fee Information

  • Trash Expense: 1705
  • Water Sewer Expenses: 1847

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 72300
  • Fuel Expense: 9896
  • Insurance Expense: 3192
  • ElectricExpense: 724
  • GrossIncome: 94800
  • Maintenance Expense: 5500
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 22500
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12210
  • Tax Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $747,500 0.0% --
01/13/2025 01/13/25 Pending -- -- --
10/23/2024 10/23/24 Off Market $747,500 -- --
07/29/2024 07/29/24 Price Changed $784,999 +8.3% --
07/26/2024 07/26/24 For Sale $724,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $12,210 $71,200 $9,908 $61,292
2024 $13,121 $71,200 $9,908 $61,292
2023 $13,121 $57,731 $5,753 $51,978
2022 $13,121 $63,606 $5,753 $57,853
2021 $12,826 $63,604 $5,752 $57,852
2020 $13,355 $59,804 $5,752 $54,052
2019 $12,047 $59,804 $5,752 $54,052
2018 $11,843 $59,804 $5,752 $54,052
2017 $12,462 $57,762 $4,794 $52,968
2016 $11,597 $57,762 $4,794 $52,968
2015 $10,611 $57,762 $4,794 $52,968
2014 $10,744 $57,762 $4,794 $52,968
2013 $10,530 $57,762 $4,794 $52,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12120611

Midwest Real Estate Data (MRED)

APN: 25014100160000