$5,500,000
PENDING $200K PRICE DROP

Estimated payment $31,688/month

Total Views 18,719
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 17,500 Sq Ft lot
  • 4-minute walk to Howard Terminal
  • 3-minute walk to Touhy Park
  • Forced Air Heating and Cooling System

About This Home

Brand new brick buildings near transportation! 6-unit and 9-unit buildings sitting side by side. 20 parking spaces, every unit comes with a storage space. The units feature hardwood floors, designer kitchens with quartz counters and stainless appliances. 12 out of 15 units are tenant-occupied.

Listing Agent

Marika Kakhiani

Pedestal Realty LLC License #471020101 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,000

Year Built

  • Built in 2024

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150x160x160x67
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service

Community Details

Overview

  • 15 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $8,000
  • Maintenance Expense $1,000
  • Other Expense $1,000
  • Trash Expense $2,600
  • Water Sewer Expense $3,600
  • Operating Expense $47,800
  • Gross Income $519,360
  • Net Operating Income $471,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,000

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 2024
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: New Construction
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: 130
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 15
  • Drive-In Doors: 0
  • Dishwashers: 15
  • Refrigerators: 15
  • Ranges: 15
  • Number of Washers: 15
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Roof Structure: Hip

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Over 600 Amps
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 2600
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 150x160x160x67
  • Lot Size Sq Ft: 17500
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 471560
  • Insurance Expense: 8000
  • ElectricExpense: 600
  • GrossIncome: 519360
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 15
  • OperatingExpense: 47800
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 30000
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,106 $88,956 $30,253 $58,703
2024 $5,106 $30,253 $30,253 --
2023 $14,398 $24,202 $24,202 --
2022 $14,398 $70,000 $26,488 $43,512
2021 $14,076 $70,000 $26,488 $43,512
2020 $16,430 $73,753 $22,876 $50,877
2019 $16,915 $84,193 $22,876 $61,317
2018 $17,042 $86,275 $22,876 $63,399
2017 $11,449 $53,183 $20,468 $32,715
2016 $12,950 $64,658 $20,468 $44,190
2015 $11,848 $64,658 $20,468 $44,190
2014 $12,935 $69,716 $19,264 $50,452
2013 $13,036 $71,677 $19,264 $52,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2026 01/23/26 Pending -- -- --
12/09/2025 12/09/25 Price Changed $5,500,000 -3.5% --
10/02/2025 10/02/25 For Sale $5,700,000 +1325.0% --
06/24/2022 06/24/22 Sold $400,000 -27.1% $49 / Sq Ft View Prior Sale
05/31/2022 05/31/22 For Sale $549,000 +37.3% $68 / Sq Ft
05/31/2022 05/31/22 Off Market $400,000 -- --
05/23/2022 05/23/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $549,000 0.0% $68 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $549,000 -- $68 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12486970

Midwest Real Estate Data (MRED)

APN: 11304110190000