NOT LISTED FOR SALE
9 Beds
4 Baths
4,280 Sq Ft
1891 Built

Last Sold June 06, 2024

Last sale price $1,202,500 $281 Per Sq Ft

5 Days on Market

Highlights

  • Gated Community
  • Greystone Architecture
  • Enclosed Patio or Porch
  • Lincoln Park High School Rated A
  • 2 Car Detached Garage
  • 5-minute walk to South Lakeview Park

About This Home

As of June 2024

Rare find! Majestic 3-story Greystone, exudes all the charm of the Victorian era, nestled in the heart of Chicago's vibrant South Lakeview neighborhood. This cherished property, making its debut on the market after a 37-year tenure, boasts meticulously maintained units, offering a blend of modern updates and historic charm, located near the intersection of Racine, Diversey and Lincoln. Originally built in 1895 the property has much of the vintage charm preserved, including wood trim, art fireplaces, leaded glass and built-ins, and features three distinct units, all sun filled and spacious featuring formal living rooms, large dining rooms, huge eat-in-kitchens with pantries and enclosed rear porches. The owner's duplex unit boasts three bedrooms plus an office, a family room, two bathrooms, has separate utilities and was renovated with architect/permits in the 90s. The 2nd and 3rd floor units each 3 BR + Office 1 Bath and heat is provided by owner. Dishwashers in the 1st and 2nd floor units. The 2nd floor also has in-unit laundry. The fully fenced backyard oasis is professionally landscaped with many trees, shrubs and perennials, as well as a paved walkway and concrete patio adjacent to the charming 2-car brick garage. Tenants are family and close friends, on month to month. Rental potential with minimal updates are projected to be in the $90,000 range per year. Tenants and owners alike will enjoy unparalleled access to an array of renowned restaurants, bars, and entertainment venues, this property epitomizes the allure of city living. Don't miss this extraordinary chance to own a piece of Lakeview history while embracing a lucrative investment opportunity.

Last Agent to Sell the Property

Deborah Hess

Compass License #475133314 Listed on: 04/22/2024

Compass

Co-Listed By

Christian Moisio

Compass License #475136530

Last Buyer's Agent

Tim Sheahan

Compass License #475145058

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,048

Year Built

  • Built in 1891 | Remodeled in 1991

Lot Details

  • Lot Dimensions are 25 x 124
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Greystone Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Basement Storage

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Harriet Tubman Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units
  • Greystone

Building Details

  • Electric Expense $952
  • Fuel Expense $5,411
  • Insurance Expense $1,671
  • Maintenance Expense $300
  • Trash Expense $1,000
  • Water Sewer Expense $1,770
  • Gross Income $36,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,048

Year Built

Built in 1891 | Remodeled in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1891
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1991
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1991

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Rec/Family Area,Sleeping Area,Storage Space
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Brick/Mortar, Stone
  • List Price: 1150000
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 1770
  • Trash Expense Year: 2023

Schools

  • Elementary School: Harriet Tubman Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Harriet Tubman Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Fuel Expense: 5411
  • Insurance Expense: 1671
  • ElectricExpense: 952
  • GrossIncome: 36000
  • Maintenance Expense: 300
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 21048
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

MLS Schools

  • Other Public Sch Dist: 299

Range of Values:

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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
06/06/2024 06/06/24 Sold $1,202,500 +4.6% $281 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $1,150,000 -- $269 / 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: 12029922

Midwest Real Estate Data (MRED)

APN: 14292270050000