NOT LISTED FOR SALE
18 Beds
12 Baths
-- Sq Ft
0.32 Acres

Last Sold March 19, 2021

Last sale price $900,000

13 Days on Market

About This Home

As of March 2021

Great investment opportunity! Well maintained and fully rented 12 unit multi-family building, 6 one bedroom and 6 two bedroom units. All units electric heated and electric stoves, so you don't pay a gas bill! Most units updated, new sprinkler system with fire alarm 2019, brand new roof 2019, coin laundry, large off street parking lot. Located in quiet neighborhood close to shopping, transportation, schools, and parks.

Last Agent to Sell the Property

Gina Khalil

Century 21 Circle License #475184390 Listed on: 01/25/2021

Century 21 Circle

Last Buyer's Agent

Brian Semel

Monarch Realty Partners LLC License #471015026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,758

Year Built

  • Built in 1966

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $1,100
  • Insurance Expense $2,290
  • Maintenance Expense $5,000
  • Trash Expense $1,100
  • Water Sewer Expense $6,000
  • Operating Expense $40,958
  • Gross Income $133,920
  • Net Operating Income $92,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,758

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 18
  • Fire Protection: Alarm Monitored,Smoke or Fire Protectors,Sprinklers-Wet
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 12
  • Ranges: 12
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Other
  • Misc Outside: Balcony/ies,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1100
  • Water Sewer Expenses: 6000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100 X 140
  • Lot Size Sq Ft: 14000
  • Zoning: MULTI
  • Alternate Phone Number: (773) 331-6211

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 92962
  • Insurance Expense: 2290
  • ElectricExpense: 1100
  • GrossIncome: 133920
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 40958
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 27758
  • Tax Year: 2019

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
03/19/2021 03/19/21 Sold $900,000 0.0% --
02/07/2021 02/07/21 Pending -- -- --
02/03/2021 02/03/21 Off Market $900,000 -- --
01/25/2021 01/25/21 For Sale $950,000 -- --
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: 10979325

Midwest Real Estate Data (MRED)