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

Sale Details

Date 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

2,614 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,553,000
Interest Rate
0.0627%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2022
Closed on
Oct 13, 2022
Sold by
Bought by
Seller's Agent
Shoo Chen
Charles Rutenberg Realty of IL
Buyer's Agent
Quiping Folino
Concentric Realty Inc.
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
0.055%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
0.0613%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Servicelink
-- First American Title
-- Cti
$143,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $15,553,000
Previous Owner $528,000
Previous Owner $66,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11470190

Midwest Real Estate Data (MRED)

APN: 17283070130000

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