NOT LISTED FOR SALE
22 Beds
15 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 31, 2016

Last sale price $1,970,000 $0 Per Sq Ft

14 Days on Market

About This Home

As of May 2016

HUGE opportunity to own prime real estate near Loyola University campus in Rogers Park. This fully rented multi-unit with 14 legal units is steps from Loyola Red Line stop and the new 145 room Hampton Inn Hotel under construction on southwest corner of Sheridan and Albion. All units are separately metered and LARGE. All new windows and newer boiler. Under-utilized 4 car brick garage and additional parking pad will give you additional rental income. Expand your portfolio where large hotel investors have chosen to build. They did their research and saw the investment potential. Who's next?

Last Agent to Sell the Property

Jean-Marie Minton

Keller Williams ONEChicago License #471007932 Listed on: 04/12/2016

Keller Williams ONEChicago

Last Buyer's Agent

Jean-Marie Minton

Keller Williams ONEChicago License #471007932 Listed on: 04/12/2016

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Partially Finished Basement

  • Exterior Basement Entry

Community Details

  • Fuel Expense $10,500
  • Insurance Expense $7,200

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 129746
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 5000
  • Roof Coverings: Reflective Coating
  • Roof Structure: Flat
  • Scavenger Expense: 840
  • Total Annual Exp: 52954
  • Total Annual Income: 187920
  • Total Monthly Income: 15660
  • Number of Ranges: 13
  • Number Of Refrigs: 13
  • Number Of Stories: 3
  • Estimated Year Built: 1929
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1929

Interior Features

  • Basement: Partially Finished, Exterior Access

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Acreage: 0.17
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 4897

Condo/Co-op/Association

  • Units in Building: 14

Fee Information

  • Electricity Expense: 617
  • Janitor Expense: 6240

Lot Info

  • Lot Dimensions: 50X150
  • Parcel Identification Number: 11323190030000

Rental Info

  • Gross Rental Income: 184920
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 10500
  • Insurance Expense: 7200
  • Number Of Dishwashers: 10
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 17660.50
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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
05/31/2016 05/31/16 Sold $1,970,000 -1.5% --
04/26/2016 04/26/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $2,000,000 0.0% --
04/08/2016 04/08/16 Rented $1,350 0.0% --
04/01/2016 04/01/16 Under Contract -- -- --
03/30/2016 03/30/16 For Rent $1,350 -- --
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 $24,093 $190,862 $19,760 $171,102
2024 $24,093 $190,862 $19,760 $171,102
2023 $23,486 $114,189 $11,210 $102,979
2022 $23,486 $114,189 $11,210 $102,979
2021 $22,962 $114,188 $11,210 $102,978
2020 $23,442 $105,231 $11,210 $94,021
2019 $21,142 $105,231 $11,210 $94,021
2018 $14,156 $71,665 $11,210 $60,455
2017 $20,490 $95,185 $10,070 $85,115
2016 $19,065 $95,185 $10,070 $85,115
2015 $17,442 $95,185 $10,070 $85,115
2014 $17,661 $95,185 $10,070 $85,115
2013 $17,312 $95,185 $10,070 $85,115
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09192962

Midwest Real Estate Data (MRED)
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