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

Sale Details

Date 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

5,663 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Utilities

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

Fee Information

  • Trash Expense: 1939
  • Water Sewer Expenses: 1733
  • 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

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
Nov 22, 2023
Sold by
Bought by

Purchase Details

Listed on
Oct 28, 2022
Closed on
Apr 28, 2023
Sold by
Bought by
Seller's Agent
Robert Pendergast
Keller Williams ONEChicago
Buyer's Agent
Danny Glick
@properties Christie's International Real Estate
List Price
$1,625,000
Sold Price
$1,590,000
Premium/Discount to List
-$35,000
-2.15%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,500
Interest Rate
0.0625%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2014
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
$907,500
Interest Rate
0.0445%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2005
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
$1,178,000
Interest Rate
0.0825%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2003
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
$887,000
Interest Rate
0.06%
Mortgage Type
Commercial
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
$1,590,000 Chicago Title
$1,285,000 Attorney
$1,210,000 Ctcc
-- Cti
$601,000 Cti
-- Chicago Title Insurance Co
$887,000 Stewart 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 $79,500
Previous Owner $1,102,500
Closed $907,500
Previous Owner $1,178,000
Previous Owner $887,000
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
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

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 $21,903 $132,697 $63,600 $69,097
2024 $21,903 $132,697 $63,600 $69,097
2023 $21,352 $103,811 $51,336 $52,475
2022 $21,352 $103,811 $51,336 $52,475
2021 $22,747 $113,117 $51,336 $61,781
2020 $19,589 $87,934 $27,379 $60,555
2019 $19,851 $98,802 $27,379 $71,423
2018 $19,517 $98,802 $27,379 $71,423
2017 $17,167 $79,747 $23,956 $55,791
2016 $15,972 $79,747 $23,956 $55,791
2015 $14,613 $79,747 $23,956 $55,791
2014 $11,156 $60,129 $18,252 $41,877
2013 $10,936 $60,129 $18,252 $41,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11662738

Midwest Real Estate Data (MRED)

APN: 14-18-324-033

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