$823,000
SOLD SEP 5, 2025
8 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

3% Below List Price

36 Days on Market

About This Home

As of September 2025

Turnkey Investment Opportunity with this fully rented 4-unit multifamily building, each featuring 2 bedrooms and 1 bathroom. Units are spacious and well-maintained, offering: Modern kitchens with updated appliances Central heating and air conditioning Updated windows, doors, and roof Tenant-paid utilities - separate meters for each unit Additional features include: Full walkout basement with potential for added storage or future expansion Coin-operated laundry for additional income Four parking spaces located at the rear of the building Convenient access to bus and train stations, ideal for commuters Rents are below market with potential upside. Perfect for seasoned investors or those looking to grow their rental portfolio.

Last Agent to Sell the Property

Richard Babula

Chicagoland Brokers Inc. License #471014294 Listed on: 06/25/2025

Chicagoland Brokers Inc.

Last Buyer's Agent

Patrick Shino

Fulton Grace Realty License #475173831

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,344

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x122

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Available

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,344

Year Built

Built in 1950

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 45X122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 17343.91
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat
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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
09/05/2025 09/05/25 Sold $823,000 -3.2% --
07/31/2025 07/31/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $849,900 +32.8% --
03/19/2020 03/19/20 Sold $640,000 -5.9% -- View Prior Sale
02/17/2020 02/17/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $680,000 -- --
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 $17,344 $64,000 $8,579 $55,421
2024 $17,344 $55,612 $7,196 $48,416
2023 $18,703 $55,612 $7,196 $48,416
2022 $18,703 $60,001 $7,196 $52,805
2021 $13,925 $38,449 $4,428 $34,021
2020 $13,826 $38,449 $4,428 $34,021
2019 $14,207 $44,195 $4,428 $39,767
2018 $13,151 $36,734 $4,012 $32,722
2017 $13,210 $36,734 $4,012 $32,722
2016 $12,447 $36,734 $4,012 $32,722
2015 $10,177 $28,502 $3,459 $25,043
2014 $9,949 $28,502 $3,459 $25,043
2013 $11,653 $32,942 $3,459 $29,483
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12402345

Midwest Real Estate Data (MRED)
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