$225,000
OPEN MON 4:30PM - 5:30PM

Estimated payment $1,481/month

Total Views 1,123
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This legal 2-flat is situated on an extra-wide lot and offers strong potential for value-add investors or owner-occupants. The building features 3 electrical meters, 2 gas meters, and an unfinished basement ready for future expansion or storage. Unit 1 is tenant-occupied, and offers 3 bedrooms and 1 bath, while Unit 2 is vacant, also with 3 bedrooms and 1 bath - a great setup to live in one unit and rent out the other. The property is being sold AS-IS, cash or renovation convention-style loans are preferred. Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The tenant pays month to month, unit 1 pays 700 USD per month. Don't miss your chance to add sweat equity in a solid brick building with long-term income potential! Preferred closing date is June 10th- tenant will be out on June 7th.

Listing Agent

Ben Lalez

Compass License #475124644

Compass

Co-Listing Agent

Mark Buckner

Compass License #475154865

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Construction Materials: Brick
  • List Price: 225000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 0
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $3,243 $17,479 $2,913 $14,566
2013 $3,179 $17,479 $2,913 $14,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Deed History

Date Type Sale Price Title Company
Corporate Deed -- Chicago Title Insurance
Quit Claim Deed -- None Available
Legal Action Court Order -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,100,000 Commercial
Previous Owner $47,400 Purchase Money Mortgage
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12348007

Midwest Real Estate Data (MRED)

APN: 16-11-113-012-0000