NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
1900 Built

Last Sold February 14, 2022

Last sale price $260,000

4 Days on Market

Highlights

  • Greystone Architecture
  • Home Security System
  • Walk-Up Access
  • Brick or Stone Mason
  • Two Heating Systems
  • 3-minute walk to Hoard (Edison) Park

About This Home

As of February 2022

Looking for a great investment opportunity? Looking for the perfect property to occupy one unit and lease out the other(s)? Well, look no further. This beautiful Greystone property is turn-key and ready to provide cashflow immediately! This property is already zoned as a 3 unit building and awaiting completion of a duplex from the 1st floor or rebuild of garden apartment (with high ceilings, plumbing and electric in place along with private ingress/egress...the lower level is an easy finish) - Cashflow potential is over $3,000 per month. Take advantage of immediate cashflow while unit 3 is completed! Currently has separate utilities (heating - plumbing/water - electric). Both units feature, recessed lighting, fireplace (faux), oak cabinetry and more. Property will be delivered vacant at closing. Property is in good condition, owner desires to sell the property AS-IS. Don't miss your opportunity to take advantage of a great investment with Low taxes and High Returns/Gains! Don't delay - call now to schedule your appointment today! AGENTS AND/OR PERSPECTIVE BUYERS EXPOSED TO COVID 19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY HAVE RECEIVED MEDICAL CLEARANCE. Multiple offers received, highest & best must be submitted by 1/9/22.

Last Agent to Sell the Property

Korliss Bell

Charles Rutenberg Realty of IL License #475116676 Listed on: 01/05/2022

Charles Rutenberg Realty of IL

Last Buyer's Agent

Cameron Sutton

@properties Christie's International Real Estate License #475154863

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1900 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 25 x 125

Home Design

  • Greystone Architecture
  • Flat Roof Shape
  • Brick or Stone Mason
  • Stone Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $25,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,421

Year Built

Built in 1900 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: Security System, CO Detectors
  • Basement Description: Unfinished,Exterior Access,Bathroom Rough-In,Concrete (Basement),Walk-Up Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Fireplace-Artificial

Exterior Features

  • Foundation Details: Stone
  • List Price: 240000
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 25900
  • GrossIncome: 30000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2420.51
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Matterport 3D Tour

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 List to Sale Price per Sq Ft Prior Sale
02/14/2022 02/14/22 Sold $260,000 +8.3% --
01/10/2022 01/10/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $240,000 +92.0% --
04/22/2015 04/22/15 Sold $125,000 -2.0% -- View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
01/15/2015 01/15/15 Price Changed $127,499 0.0% --
01/12/2015 01/12/15 For Sale $127,500 +6.3% --
09/19/2014 09/19/14 Sold $120,000 -14.2% -- View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $139,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11296449

Midwest Real Estate Data (MRED)