NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: November 22, 2016

Last sale price $499,000

24 Days on Market

About This Home

As of November 2016

Fully leased, arm-chair investment in HOT Pilsen. Rehabbed property with all new electrical, plumbing, mechanicals, roof, etc. Beautifully appointed units with new hardwood floors, granite counters, stainless steel appliances and in-unit w/d. Great location two blocks from Pink line L stop and three blocks from Harrison Park. Don't miss this opportunity to get into this up and coming neighborhood at a great price!

Last Agent to Sell the Property

Ashley Dillard

Chicago Real Estate Resources License #471011331 Listed on: 09/12/2016

Last Buyer's Agent

Nick Libert

EXIT Strategy Realty License #471016048

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • English Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $51,000
  • Net Operating Income $45,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 1880

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 5695

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 45305
  • GrossIncome: 51000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3805.67
  • Tax Year: 2014
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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 Prior Sale
11/22/2016 11/22/16 Sold $499,000 0.0% --
10/06/2016 10/06/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $499,000 0.0% --
09/20/2016 09/20/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $499,000 +470.3% --
08/03/2015 08/03/15 Sold $87,500 0.0% -- View Prior Sale
06/13/2015 06/13/15 Off Market $87,500 -- --
06/05/2015 06/05/15 Price Changed $90,000 0.0% --
06/05/2015 06/05/15 For Sale $90,000 -21.7% --
01/26/2015 01/26/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $115,000 -- --
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 $11,393 $52,877 $11,655 $41,222
2024 $11,393 $52,877 $11,655 $41,222
2023 $11,107 $54,000 $9,450 $44,550
2022 $11,107 $54,000 $9,450 $44,550
2021 $10,859 $54,000 $9,450 $44,550
2020 $6,244 $28,030 $7,402 $20,628
2019 $6,473 $32,219 $7,402 $24,817
2018 $6,364 $32,219 $7,402 $24,817
2017 $5,281 $24,534 $6,457 $18,077
2016 $4,414 $24,534 $6,457 $18,077
2015 $4,015 $24,534 $6,457 $18,077
2014 $3,806 $23,080 $5,670 $17,410
2013 $3,719 $23,080 $5,670 $17,410
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 09341366

Midwest Real Estate Data (MRED)
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