NOT LISTED FOR SALE
-- Bed
6 Baths
6,147 Sq Ft
3,843 Sq Ft Lot

Sale Details

Date Sold: December 5, 2025

Last sale price $1,600,000 $260 Per Sq Ft

About This Home

As of December 2025

Handsome 6-unit brick building w/2-car garage in PRIME ANDERSONVILLE LOCATION. Even with under-market rents, cap rate is 5.82%. All units are 2-bedroom/1-bath. Solid building w/good upside potential. In good shape, but being sold as-is. Steps away from Andersonville shops, cafes, boutiques.

Last Agent to Sell the Property

Brad Lippitz

Compass License #471014431 Listed on: 08/13/2025

Compass

Co-Listed By

Stewart Smith

Compass License #475126053

Last Buyer's Agent

Brad Lippitz

Compass License #471014431 Listed on: 08/13/2025

Compass
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,589

Year Built

  • Built in 1916

Lot Details

  • 3,843 Sq Ft Lot
  • Lot Dimensions are 31.5 x 122

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 6,147 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $540
  • Fuel Expense $8,918
  • Insurance Expense $14,116
  • Maintenance Expense $3,400
  • Water Sewer Expense $2,188
  • Operating Expense $31,688
  • Gross Income $114,005
  • Net Operating Income $85,917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,589

Year Built

Built in 1916

Lot Details

3,843 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1916
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Possible Use: Condominium, Multi-Family
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Stone
  • Frontage Type: City Street
  • Roof Structure: Flat

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 2188

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 31.5 x 122
  • Lot Size Sq Ft: 3843
  • Zoning: MULTI
  • Alternate Phone Number: (773) 502-3687

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 6147

Multi Family

  • Net Operating Income: 85917
  • Fuel Expense: 8918
  • Insurance Expense: 14116
  • ElectricExpense: 540
  • GrossIncome: 114005
  • Maintenance Expense: 3400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31688
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 17588.58
  • Tax Year: 2023

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
Aug 13, 2025
Closed on
Dec 5, 2025
Sold by
Bought by
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Brad Lippitz
Compass
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,340,788
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 27, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,600,000 None Listed On Document
$680,000 Fidelity National Title
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
Open $1,350,000
Previous Owner $458,002
Previous Owner $544,000
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
12/05/2025 12/05/25 Sold $1,600,000 +8.5% $260 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $1,475,000 -- $240 / Sq Ft
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 $17,589 $113,717 $38,238 $75,479
2024 $17,589 $113,717 $38,238 $75,479
2023 $17,146 $83,362 $30,744 $52,618
2022 $17,146 $83,362 $30,744 $52,618
2021 $16,763 $83,362 $30,744 $52,618
2020 $16,783 $75,337 $18,446 $56,891
2019 $17,007 $84,649 $18,446 $66,203
2018 $16,721 $84,649 $18,446 $66,203
2017 $13,227 $61,443 $16,140 $45,303
2016 $12,306 $61,443 $16,140 $45,303
2015 $11,259 $61,443 $16,140 $45,303
2014 $7,669 $41,335 $12,297 $29,038
2013 $12,799 $70,374 $12,297 $58,077
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12437850

Midwest Real Estate Data (MRED)

APN: 14083020320000

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