NOT LISTED FOR SALE

Chicago, IL 60644

Austin Neighborhood
42 Beds
21 Baths
8,424 Sq Ft
21,780 Sq Ft Lot

Last Sold September 23, 2013

Last sale price $170,000 $20 Per Sq Ft

4 Days on Market

Highlights

  • 0.5 Acre Lot
  • Central Heating
  • Heating System Uses Steam

About This Home

As of September 2013

Price drop. Motivated seller. Sold as is. Excellent transportation, 3 blocks north of I-290, entrance and exit at 5600 west. CTA blue line stops, Laramie and Central. Bus stop front of property East and West bound. Building well maintained by owners. Each unit has a heated tandem. Office space in unfinished basement, shower and bathroom facilities. Tenants pay own electricity and cooking gas. Storage space for units.

Last Agent to Sell the Property

Howard Ray

A. Vision Realty and Mgmt Co. Listed on: 08/21/2013

Last Buyer's Agent

Joe Cibula

Compass License #475143738

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,424 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Utilities

  • Central Heating
  • Heating System Uses Steam
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $504
  • Fuel Expense $8,805
  • Insurance Expense $3,266
  • Maintenance Expense $2,000
  • Other Expense $2,500
  • Trash Expense $5,100
  • Water Sewer Expense $1,402
  • Operating Expense $24,692
  • Gross Income $62,520
  • Net Operating Income $32,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1926

Lot Details

0.5 Acres

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: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fire Protection: Smoke or Fire Protectors
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Rubber
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: None On Site
  • Indoor Parking: 1-5 Spaces

Utilities

  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Central Bldg Heat,Steam

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 5100
  • Water Sewer Expenses: 1402

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.5
  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6200
  • Zoning: MULTI
  • Alternate Phone Number: (708) 426-3005

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 8424

Multi Family

  • Net Operating Income: 32875
  • Fuel Expense: 8805
  • Insurance Expense: 3266
  • ElectricExpense: 504
  • GrossIncome: 62520
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24692
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 4680.24
  • Tax Year: 2012
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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
09/23/2013 09/23/13 Sold $170,000 -5.0% $20 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $179,000 -- $21 / Sq Ft
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 $10,996 $48,502 $9,920 $38,582
2024 $10,996 $48,502 $9,920 $38,582
2023 $10,720 $52,118 $8,060 $44,058
2022 $10,720 $52,118 $8,060 $44,058
2021 $10,480 $52,118 $8,060 $44,058
2020 $4,181 $18,770 $8,060 $10,710
2019 $4,335 $21,575 $8,060 $13,515
2018 $4,262 $21,575 $8,060 $13,515
2017 $5,561 $25,832 $7,130 $18,702
2016 $5,174 $25,832 $7,130 $18,702
2015 $4,734 $25,832 $7,130 $18,702
2014 $4,992 $26,907 $6,820 $20,087
2013 $4,894 $26,907 $6,820 $20,087
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Howard Ray

    A. Vision Realty and Mgmt Co.

  • Joe Cibula

    Buyer's Agent in 2013

    Joe Cibula

    Compass

    (312) 305-4189

    1 in this area

    10 Total Sales

    Joe Cibula
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Source: Midwest Real Estate Data (MRED)

MLS Number: 08427210

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60644

Austin

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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