NOT LISTED FOR SALE
14 Beds
6 Baths
3,870 Sq Ft
3,100 Sq Ft Lot

Sale Details

Date Sold: March 16, 2023

Last sale price $850,000 $220 Per Sq Ft

About This Home

As of March 2023

WELL MAINTAINED 6 UNITS BRICK BUILDING IN THE HEART OF ARMOUR SQUARE (CHINATOWN). ALL REMODELED 2 X 3 BEDROOMS/1 BATHROOM. 4 X 2 BEDROOMS/1 BATHROOM. UPDATED ROOF 2 YR OLD. NEW HVAC SYSTEM FOR 3 APTS; AND 3 APTS WITH NEW FURANCE UNITS. FULL UNFINISHED ATTIC WITH POTENTIAL EXPANSION. UNFINISHED BASEMENT WITH A LOT OF STORAGE SPACE. TWO CAR GARAGE FOR EXTRA INCOMES.

Last Agent to Sell the Property

David Wong

Century 21 Realty Associates License #471006955 Listed on: 12/27/2022

Century 21 Realty Associates

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,950

Year Built

  • Built in 1890

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 25 x 124
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,870 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $500
  • Insurance Expense $2,000
  • Operating Expense $14,850
  • Gross Income $6,390
  • Net Operating Income $67,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,950

Year Built

Built in 1890

Lot Details

3,100 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: 1890
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 124
  • Lot Size Sq Ft: 3100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 3870
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 67230
  • Fuel Expense: 500
  • Insurance Expense: 2000
  • GrossIncome: 6390
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 14850
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9950
  • Tax Year: 2020

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

Closed on
Jun 22, 2023
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
$14,150,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2022
Closed on
Mar 13, 2023
Sold by
Bought by
Seller's Agent
David Wong
Century 21 Realty Associates
Buyer's Agent
Non Member
NON MEMBER
List Price
$890,000
Sold Price
$850,000
Premium/Discount to List
-$40,000
-4.49%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2018
Closed on
Mar 25, 2019
Sold by
Bought by
Seller's Agent
Gary Lucido
Lucid Realty, Inc.
Buyer's Agent
Qian Kun Chen
Kale Realty
List Price
$749,900
Sold Price
$735,000
Premium/Discount to List
-$14,900
-1.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$250,000
Interest Rate
0.0525%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 21, 2017
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
$392,000
Interest Rate
0.0391%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bought by
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

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
-- None Listed On Document
$850,000 Chicago Title
$735,000 Chicago Title
$600,000 Chicago 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
Previous Owner $14,150,000
Previous Owner $530,000
Previous Owner $250,000
Previous Owner $392,000
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 Prior Sale
03/16/2023 03/16/23 Sold $850,000 -4.5% $220 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $890,000 +21.1% $230 / Sq Ft
03/25/2019 03/25/19 Sold $735,000 -2.0% -- View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $749,900 -- --
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 $16,035 $76,000 $16,895 $59,105
2024 $16,035 $76,000 $16,895 $59,105
2023 $15,632 $76,000 $13,640 $62,360
2022 $15,632 $76,000 $13,640 $62,360
2021 $15,283 $76,000 $13,640 $62,360
2020 $9,950 $44,665 $13,640 $31,025
2019 $10,315 $51,340 $13,640 $37,700
2018 $10,141 $51,340 $13,640 $37,700
2017 $8,610 $39,996 $10,850 $29,146
2016 $8,011 $39,996 $10,850 $29,146
2015 $7,329 $39,996 $10,850 $29,146
2014 $5,890 $31,746 $9,300 $22,446
2013 $5,774 $31,746 $9,300 $22,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691933

Midwest Real Estate Data (MRED)

APN: 17282330060000

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