NOT LISTED FOR SALE
16 Beds
8 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 15, 2014

Last sale price $177,000

9 Days on Market

About This Home

As of December 2014

Attention investors 8 2 bedroom units with sep heat and hot water. Experience property owners only vacant units need repairs. Property has 5 vacate units. Sold in As-Is condition.

Last Agent to Sell the Property

La Shawn K Ford

Ford Desired Real Estate LLC License #471010759 Listed on: 10/30/2014

Last Buyer's Agent

Mark Minorczyk

Keller Williams ONEChicago License #471002175

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1916

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $422
  • Insurance Expense $2,213
  • Maintenance Expense $2,677
  • Water Sewer Expense $1,037
  • Operating Expense $15,526
  • Gross Income $67,200
  • Net Operating Income $51,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,099

Year Built

Built in 1916

Lot Details

6,300 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1916
  • 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

  • Total Bathrooms: 8
  • Total Bedrooms: 16
  • Fire Protection: Smoke or Fire Protectors
  • Room: 0

Utilities

  • Heat/Ventilation: Gas

Fee Information

  • Water Sewer Expenses: 1037

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 51674
  • Insurance Expense: 2213
  • ElectricExpense: 422
  • GrossIncome: 67200
  • Maintenance Expense: 2677
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 15526
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 4099
  • Tax Year: 2013
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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
12/15/2014 12/15/14 Sold $177,000 +1.1% --
11/08/2014 11/08/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $175,000 -- --
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 $14,552 $70,200 $7,560 $62,640
2024 $14,552 $70,200 $7,560 $62,640
2023 $14,186 $68,970 $6,615 $62,355
2022 $14,186 $68,970 $6,615 $62,355
2021 $13,869 $68,970 $6,615 $62,355
2020 $10,773 $48,360 $6,615 $41,745
2019 $9,716 $48,360 $6,615 $41,745
2018 $9,553 $48,360 $6,615 $41,745
2017 $8,716 $40,489 $5,197 $35,292
2016 $8,110 $40,489 $5,197 $35,292
2015 $7,419 $40,489 $5,197 $35,292
2014 $3,246 $17,493 $5,197 $12,296
2013 $3,967 $21,813 $5,197 $16,616
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 08765014

Midwest Real Estate Data (MRED)

APN: 16044070170000

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