NOT LISTED FOR SALE

Estimated Value: $571,364 - $934,000

12 Beds
6 Baths
4,204 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $325,000 $77 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,683/month

8 Days on Market

Highlights

  • Heating Available
  • 4-minute walk to 18Th Street Station
  • 3-minute walk to Harrison Park

About This Home

As of June 2014

Great 7 unit brick investment opportunity in Pilsen 2nd floor front unit remodeled, move in condition or can be rented for about $900 a month. All apartments have been freshly painted. Close to transportation (bus and train) shopping and school.

Last Agent to Sell the Property

Irma Cabezas

Chicagoland Brokers, Inc. License #475097539 Listed on: 05/05/2014

Chicagoland Brokers, Inc.

Last Buyer's Agent

Nathan Harvey

Kale Realty License #475161065

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,937

Year Built

  • Built in 1895

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $311
  • Fuel Expense $515
  • Insurance Expense $3,441
  • Maintenance Expense $3,494
  • Other Expense $3,494
  • Water Sewer Expense $1,059
  • Operating Expense $5,326
  • Gross Income $39,960
  • Net Operating Income $34,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,937

Year Built

Built in 1895

Lot Details

3,125 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Four Plus One
  • Stories: 2
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 3
  • Ranges: 3
  • Number of Washers: 0
  • Room: 0

Utilities

  • Cooling: None
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 1059

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 34856
  • Fuel Expense: 515
  • Insurance Expense: 3441
  • ElectricExpense: 311
  • GrossIncome: 39960
  • Maintenance Expense: 3494
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 5326
  • Type Multi-Family: Four Plus One

Tax Info

  • Tax Annual Amount: 4937
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Harvey Nathan K
Bought by
Nkh Holdings Llc
Current Estimated Value
$745,121

Purchase Details

Closed on
Jan 22, 2018
Sold by
Strohschen Gabriele I and Harvey Nathan K
Bought by
Harvey Nathan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
May 5, 2014
Closed on
Jun 16, 2014
Sold by
Koenig Mary
Bought by
Harvey Nathan K and Strohschen Gabrielle I
Seller's Agent
Irma Cabezas
Chicagoland Brokers, Inc.
Buyer's Agent
Nathan Harvey
Kale Realty
List Price
$310,000
Sold Price
$325,000
Premium/Discount to List
$15,000
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$276,250
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1994
Sold by
Koenig Harry C
Bought by
Koenig Mary
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nkh Holdings Llc -- Near North National Title
Harvey Nathan K -- Chicago Title Insurance
Harvey Nathan K $325,000 Cti
Koenig Mary -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvey Nathan K $1,150,000
Previous Owner Harvey Nathan K $276,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $325,000 +4.8% $77 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $310,000 -- $74 / Sq Ft
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 $8,406 $50,786 $11,100 $39,686
2024 $8,406 $50,786 $11,100 $39,686
2023 $9,667 $39,841 $9,000 $30,841
2022 $9,667 $47,000 $9,000 $38,000
2021 $9,451 $47,000 $9,000 $38,000
2020 $5,660 $25,408 $7,050 $18,358
2019 $5,868 $29,205 $7,050 $22,155
2018 $5,769 $29,205 $7,050 $22,155
2017 $6,439 $29,911 $6,150 $23,761
2016 $5,991 $29,911 $6,150 $23,761
2015 $5,481 $29,911 $6,150 $23,761
2014 $4,475 $24,117 $5,400 $18,717
2013 $4,386 $24,117 $5,400 $18,717
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 08607061

Midwest Real Estate Data (MRED)

APN: 17-19-401-024-0000

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