Estimated payment $1,451/month
Highlights
- 2 Car Detached Garage
- Paved or Partially Paved Lot
- 4-minute walk to Downey Park
About This Home
Welcome to this rare opportunity to own a solid brick 2-unit building offering large 3-bedroom, 1.5-bath units with excellent layout and space. Property features an unfinished basement with strong potential for storage or future expansion, plus a detached 2-car garage for added convenience. This is a value-add opportunity ideal for an investor or buyer looking to unlock upside. The property has significant potential but will require the buyer to address existing village violations. Once completed, this building could be a strong long-term hold or income-producing asset. Perfect for buyers seeking a rehab opportunity in a brick multi-unit with generous unit sizes and solid fundamentals. Property SOLD AS-IS.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 39 x 123
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Home Values in the Area
Average Home Value in this Area
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 | $13,541 | $25,000 | $2,091 | $22,909 |
| 2024 | $13,541 | $25,000 | $2,091 | $22,909 |
| 2023 | $10,487 | $25,000 | $2,091 | $22,909 |
| 2022 | $10,487 | $16,668 | $1,845 | $14,823 |
| 2021 | $9,945 | $16,668 | $1,845 | $14,823 |
| 2020 | $11,330 | $16,668 | $1,845 | $14,823 |
| 2019 | $13,581 | $18,398 | $1,722 | $16,676 |
| 2018 | $13,524 | $18,398 | $1,722 | $16,676 |
| 2017 | $12,964 | $18,398 | $1,722 | $16,676 |
| 2016 | $12,523 | $18,771 | $1,599 | $17,172 |
| 2015 | $9,300 | $18,771 | $1,599 | $17,172 |
| 2014 | $8,293 | $18,771 | $1,599 | $17,172 |
| 2013 | $7,952 | $17,896 | $1,599 | $16,297 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $230,000 | +53.3% | -- | |
| 04/16/2024 04/16/24 | Sold | $150,000 | -22.5% | -- | View Prior Sale |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- | |
| 10/31/2023 10/31/23 | Price Changed | $193,500 | -10.0% | -- | |
| 09/27/2023 09/27/23 | For Sale | $215,000 | 0.0% | -- | |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- | |
| 07/03/2023 07/03/23 | For Sale | $215,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12558779
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 379 Madison Ave
- 375 Madison Ave
- 382 Chappel Ave
- 360 Chappel Ave
- 412 Prairie Ave
- 417 Cornell Ave
- 454 Madison Ave
- 317 Madison Ave
- 403 Clyde Ave
- 405 Clyde Ave
- 427 Clyde Ave
- 294 Madison Ave
- 386 Paxton Ave
- 267 Chappel Ave
- 290 Merrill Ave
- 257 Cornell Ave
- 286 Merrill Ave
- 392 Luella Ave
- 14738 Blackstone Ave
- 513 Merrill Ave
- 403 Prairie Ave Unit 2
- 326 Clyde Ave
- 1954 Memorial Dr
- 372 Yates Ave Unit 3
- 82 Luella Ave Unit 2
- 283 Yates Ave Unit 2S
- 643 Jeffery Ave Unit 2N
- 250 Yates Ave
- 1685 Harbor Ave Unit 2S
- 1601 Downs Dr Unit 3S
- 1616 Memorial Dr Unit 1
- 1612 Memorial Dr Unit 2
- 14340 Kenwood Ave
- 15403 Dorchester Ave
- 15231 Hastings Dr
- 15214 Woodlawn Ave Unit 1
- 14612 Shepard Dr
- 14525 Dobson Ave
- 15041 Dobson Ave Unit 2S
- 15623 Greenwood Rd Unit 1S