NOT LISTED FOR SALE
12 Beds
6 Baths
4,599 Sq Ft
2,614 Sq Ft Lot

Last Sold October 19, 2022

Last sale price $660,000 $144 Per Sq Ft

About This Home

As of October 2022

Great investment property with six 2 bed/1 bath units, located in the Bridgeport area close to I-55 and 90/94 expressways. Walking distance to Chinatown.

Last Agent to Sell the Property

Shoo Chen

Charles Rutenberg Realty of IL License #475166439 Listed on: 07/20/2022

Charles Rutenberg Realty of IL

Last Buyer's Agent

Quiping Folino

Concentric Realty Inc. License #475176032

Concentric Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 120 x 25

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $56
  • Insurance Expense $2,080
  • Maintenance Expense $500
  • Water Sewer Expense $5,700
  • Operating Expense $8,280
  • Gross Income $4,850
  • Net Operating Income $50,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1890
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Frontage Type: City Street

Utilities

  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 5700

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 120 X 25
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 10

Multi Family

  • Net Operating Income: 50420
  • Insurance Expense: 2080
  • ElectricExpense: 56
  • GrossIncome: 4850
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 8280
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7217
  • Tax Year: 2020
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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
10/19/2022 10/19/22 Sold $660,000 -5.7% $144 / Sq Ft
10/11/2022 10/11/22 For Sale $700,000 +6.1% $152 / Sq Ft
07/21/2022 07/21/22 Off Market $660,000 -- --
07/21/2022 07/21/22 For Sale $700,000 -- $152 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
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 $10,550 $64,000 $17,031 $46,969
2024 $10,550 $64,000 $17,031 $46,969
2023 $9,581 $50,000 $13,750 $36,250
2022 $9,581 $50,000 $13,750 $36,250
2021 $9,385 $50,000 $13,750 $36,250
2020 $7,218 $35,503 $13,750 $21,753
2019 $8,856 $47,507 $13,750 $33,757
2018 $8,706 $47,507 $13,750 $33,757
2017 $6,727 $34,622 $10,937 $23,685
2016 $6,434 $34,622 $10,937 $23,685
2015 $6,611 $38,701 $10,937 $27,764
2014 $5,674 $33,152 $9,375 $23,777
2013 $5,551 $33,152 $9,375 $23,777
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11470190

Midwest Real Estate Data (MRED)

APN: 17283070130000