NOT LISTED FOR SALE

Chicago, IL 60612

West Town Neighborhood
26 Beds
14 Baths
-- Sq Ft
1902 Built

Last Sold March 02, 2021

Last sale price $2,270,000

85 Days on Market

About This Home

As of March 2021

2335-37 W. Superior St., a rare 14-Unit center-entrance apartment building located in the highly sought after Ukrainian Village neighborhood of Chicago. The subject property consists of twelve (12) 2 Bd/1 Ba units and two (2) 1 Bd/1 Ba + den first-floor units situated on a double lot with a landscaped backyard. Further, the immaculately maintained property has received extensive capital improvements over the years that include a new tear-off roof, separate (tenant-paid) gas-forced heat in every unit and central air conditioning to seven (7) of fourteen (14) units, upgraded 460 AMP electric, separate hot water tanks, concrete and tuckpointing. The subject property is situated steps from a multitude of restaurants and retail options along Chicago Avenue. The location also provides accessibility to 10-acre Smith Park and is within walking distance of Western Avenue Metra Station, which provides transportation to Chicago's central business district. Rents are below market. Building also contains a large raw first-floor space with extra high ceilings in the rear of the building, which may provide additional upside to a new owner.

Last Agent to Sell the Property

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 10/07/2020

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • 1902

Community Details

  • Fuel Expense $2,100
  • Insurance Expense $7,757
  • Manager Expense $10,142

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1902

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 133722
  • Repairs Decor Expense: 5600
  • Scavenger Expense: 3898
  • Total Annual Exp: 60999
  • Total Annual Income: 202835
  • Total Monthly Income: 16382
  • Number Of Stories: 4
  • Estimated Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1902

Utilities

  • Heatventilation: Forced Air, Gas
  • Water Expense: 5047

Condo/Co-op/Association

  • Units in Building: 14
  • Manager Expense: 10142

Fee Information

  • Electricity Expense: 949

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 17071040130000

Rental Info

  • Gross Rental Income: 202835
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 2100
  • Insurance Expense: 7757
  • Other Expenses: 5600
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 19906

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $2,270,000 -21.7% --
01/04/2021 01/04/21 For Sale $2,899,000 +27.7% --
12/31/2020 12/31/20 Off Market $2,270,000 -- --
12/31/2020 12/31/20 Pending -- -- --
11/11/2020 11/11/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $2,899,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Niko Apostal

    Seller's Agent in 2021

    Niko Apostal

    Essex 312, LLC

    (773) 516-0661

    8 in this area

    173 Total Sales

    Niko Apostal
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10894862

Midwest Real Estate Data (MRED)

APN: 17071040130000

Illinois Cook County Chicago 60612

West Town

Not Listed for Sale

MultiFamily

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