NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 24, 2023

Last sale price $1,102,000

5 Days on Market

Highlights

  • Enclosed Balcony
  • Porch
  • Senior Freeze Tax Exemptions
  • 3 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of April 2023

Jumbo brick 3 flat with garden unit on oversized lot. Extremely well kept solid brick building with brick 3 car garage in Lincoln Square. 1st floor owners unit with in-unit washer and dryer. Roof is 5 years old, building has been recently tuckpointed. 1st, 2nd, and 3rd floor units are 3 bedrooms and one bath with a large living room, dining room, and kitchen. Rents are below market value. Garden unit is 1 bedroom and 1 bath. Basement has additional storage for each unit. Boiler has been recently re-piped. Current income is $4,550 per month with the 1st floor unit being owner occupied.

Last Listed By

John Campas

Dream Town Real Estate Listed on: 03/06/2023

Dream Town Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1924

Lot Details

  • 5,227

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Enclosed Balcony
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $470
  • Fuel Expense $4,100
  • Insurance Expense $2,500
  • Water Sewer Expense $1,000
  • Gross Income $54,600
  • Net Operating Income $46,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,952

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Room Type: Enclosed Balcony
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 1100000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 1000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 5066
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 46530
  • Fuel Expense: 4100
  • Insurance Expense: 2500
  • ElectricExpense: 470
  • GrossIncome: 54600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3952
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/24/2023 04/24/23 Sold $1,102,000 +0.2% --
03/12/2023 03/12/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,100,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11731671

Midwest Real Estate Data (MRED)