NOT LISTED FOR SALE

Chicago, IL 60623

North Lawndale Neighborhood
16 Beds
13 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: August 31, 2018

Last sale price $301,500

603 Days on Market

About This Home

As of August 2018

13 unit Building tenants pay there own heat. Great investment.24-48 hour notice needed to show.

Last Agent to Sell the Property

Robert Wilson JR

It's Real Estate Inc License #471010888 Listed on: 10/12/2016

Last Buyer's Agent

Jack Berdan

John Berdan License #471017805

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,055

Year Built

  • Built in 1926

Lot Details

  • 6,098

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 13 Bathrooms

Additional Features

  • 6,098 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $700
  • Fuel Expense $4,296
  • Insurance Expense $7,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $3,800
  • Operating Expense $29,594
  • Gross Income $100,800
  • Net Operating Income $71,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,055

Year Built

Built in 1926

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Show-Call Listing Office,48-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 16
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Utilities

  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Fee Information

  • Water Sewer Expenses: 3800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6413 SQ FT
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 71205
  • Fuel Expense: 4296
  • Insurance Expense: 7200
  • ElectricExpense: 700
  • GrossIncome: 100800
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 13
  • OperatingExpense: 29594
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 13055
  • Tax Year: 2016
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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
08/31/2018 08/31/18 Sold $301,500 -24.6% --
06/07/2018 06/07/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $400,000 0.0% --
03/01/2018 03/01/18 Price Changed $400,000 -11.1% --
11/23/2017 11/23/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $450,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $19,702 $81,900 $9,135 $72,765
2024 $19,702 $81,900 $9,135 $72,765
2023 $19,206 $93,060 $6,615 $86,445
2022 $19,206 $93,060 $6,615 $86,445
2021 $18,775 $93,060 $6,615 $86,445
2020 $15,285 $68,385 $6,615 $61,770
2019 $13,785 $68,385 $6,615 $61,770
2018 $5,975 $30,150 $6,615 $23,535
2017 $14,080 $65,181 $5,197 $59,984
2016 $13,055 $65,181 $5,197 $59,984
2015 $11,944 $65,181 $5,197 $59,984
2014 $12,094 $65,181 $5,197 $59,984
2013 $11,855 $65,181 $5,197 $59,984
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Wilson JR

    It's Real Estate Inc

    (773) 787-7091

    1 in this area

    26 Total Sales

    Robert Wilson JR
    Section Image

  • J

    Buyer's Agent in 2018

    Jack Berdan

    John Berdan

    Section Image
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Source: Midwest Real Estate Data (MRED)

MLS Number: 09366746

Midwest Real Estate Data (MRED)

APN: 16224070140000

Illinois Cook County Chicago 60623

North Lawndale

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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