NOT LISTED FOR SALE
27 Beds
12 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $215,000

26 Days on Market

About This Home

As of November 2019

Turn-key investment property that is a total cash cow! Quaint 6 unit invetment all units recently rehabbed and ready to rent! All 2 bedroom 1 bath and separate heat!! Taxes and expenses very low. Hard to find this type of money maker. 2 units will be shownd prior to contract. Must have bank approval letter prior to showing. Minimum 5k EM accepted. Won't last!

Last Agent to Sell the Property

Lemire Schmeglar

New Millenium Properties License #471015169 Listed on: 08/22/2019

Last Buyer's Agent

Jonie Montalbano

@properties Christie?s International Real Estate License #471016795

@properties Christie?s International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1895

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 48 x 100

Interior Spaces

  • 3-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $1,848
  • Maintenance Expense $2,400
  • Water Sewer Expense $1,720
  • Operating Expense $8,188
  • Gross Income $50,340
  • Net Operating Income $50,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,980

Year Built

Built in 1895

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Short Sale
  • Estimated Age: New Rehab
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site,Smoke or Fire Protectors
  • Room: 0

Exterior Features

  • Frontage Type: City Street

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 1720

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 48 X 100
  • Lot Size Sq Ft: 4800
  • Zoning: MULTI
  • Alternate Phone Number: (312) 953-7304

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 50340
  • Insurance Expense: 1848
  • ElectricExpense: 240
  • GrossIncome: 50340
  • Maintenance Expense: 2400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 8188
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 1980.29
  • Tax Year: 2018
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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
12/13/2019 12/13/19 Off Market $215,000 -- --
11/21/2019 11/21/19 Sold $215,000 -10.0% --
09/17/2019 09/17/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $239,000 -- --
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 $3,587 $27,000 $1,200 $25,800
2024 $3,587 $27,000 $1,200 $25,800
2023 $3,497 $17,000 $2,600 $14,400
2022 $3,497 $17,000 $2,600 $14,400
2021 $3,419 $17,000 $2,600 $14,400
2020 $1,965 $8,822 $3,000 $5,822
2019 $2,014 $10,025 $3,000 $7,025
2018 $1,980 $10,025 $3,000 $7,025
2017 $3,676 $17,075 $2,600 $14,475
2016 $3,420 $17,075 $2,600 $14,475
2015 $3,129 $17,075 $2,600 $14,475
2014 $2,895 $15,605 $2,400 $13,205
2013 $3,296 $18,123 $2,400 $15,723
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10493615

Midwest Real Estate Data (MRED)
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