NOT LISTED FOR SALE
16 Beds
8 Baths
1,744 Sq Ft
5,663 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $1,590,000 $912 Per Sq Ft

149 Days on Market

About This Home

As of April 2023

Fully leased, multi-family investment located in the vibrant, North Center neighborhood of Chicago. North Center is known for its eclectic mix of retailers, restaurants, live music/theatre, and service based businesses. The Property is well-positioned seven blocks west of the Irving Park CTA Brown Line station and located just 1.7 miles West of Wrigley Field. The 5,550 leasable square foot building sits on 3,114 square feet of land. The apartments all feature granite countertops, updated cabinets, stainless-steel kitchen appliances, separated HVAC, dishwashers and laundry in-unit. Please have showing requests only Monday thru Friday.

Last Agent to Sell the Property

Robert Pendergast

Keller Williams ONEChicago License #475136833 Listed on: 10/28/2022

Keller Williams ONEChicago

Last Buyer's Agent

Danny Glick

@properties Christie's International Real Estate License #475107285

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,747

Year Built

  • Built in 1910

Lot Details

  • 5,663

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x125
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $194
  • Insurance Expense $2,746
  • Maintenance Expense $4,012
  • Other Expense $7,930
  • Trash Expense $1,939
  • Water Sewer Expense $1,733
  • Operating Expense $43,319
  • Gross Income $149,200
  • Net Operating Income $101,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,747

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 16
  • Room: 5
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1610000

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 1939
  • Water Sewer Expenses: 1733
  • Janitor Expense: 2018
  • Operating Expense Includes: Professional Management

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125

Rental Info

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

Multi Family

  • Net Operating Income: 101405
  • Insurance Expense: 2746
  • ElectricExpense: 194
  • GrossIncome: 149200
  • Maintenance Expense: 4012
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 43319
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 22747
  • Tax Year: 2021

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,590,000 -1.2% $912 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $1,610,000 -0.9% $923 / Sq Ft
10/28/2022 10/28/22 For Sale $1,625,000 -- $932 / Sq Ft
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: 11662738

Midwest Real Estate Data (MRED)

APN: 14-18-324-033