$499,900
$5M PRICE DROP

Estimated payment $2,926/month

Total Views 4,047
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating
  • Heating System Uses Steam
  • 3-minute walk to Eckersall (Walter Herbert) Park

About This Home

Beautifully maintained vintage 7-unit building on a nice tree lined street. All the charming details are there - excellent woodwork, nice fireplaces, and stained glass. The units are spacious with separate dining rooms and generous living rooms. The 8100 block is a pleasant mix of single family homes and small apartment buildings. The building is in good shape, with a new boiler in the basement. 8th unit possible on the north side of the garden level. Lots of long term tenants. Broker Owned. As is 9.9 Cap Rate, Pro Forma 12.6.

Listing Agent

Derek Walvoord

Exit Strategy Realty / EMA Management License #475193959 Listed on: 02/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1927

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $552
  • Fuel Expense $9,585
  • Insurance Expense $5,264
  • Maintenance Expense $2,000
  • Trash Expense $1,908
  • Water Sewer Expense $3,416
  • Operating Expense $18,817
  • Gross Income $75,900
  • Net Operating Income $51,776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,280

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 499900

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam

Fee Information

  • Trash Expense: 1908
  • Water Sewer Expenses: 3416
  • Janitor Expense: 1200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 51776
  • Fuel Expense: 9585
  • Insurance Expense: 5264
  • ElectricExpense: 552
  • GrossIncome: 75900
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 18817
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3280
  • Tax Year: 2022

Map

Range of Values:

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Average Value
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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
06/20/2025 06/20/25 For Sale $499,900 0.0% --
06/04/2025 06/04/25 Pending -- -- --
04/16/2025 04/16/25 Price Changed $499,900 -5.7% --
04/09/2025 04/09/25 Price Changed $529,900 0.0% --
04/09/2025 04/09/25 For Sale $529,900 -1.9% --
04/02/2025 04/02/25 Pending -- -- --
03/09/2025 03/09/25 Price Changed $539,900 -90.2% --
02/21/2025 02/21/25 For Sale $5,490,000 +1568.7% --
06/17/2019 06/17/19 Off Market $329,000 -- --
03/12/2019 03/12/19 Sold $329,000 -6.0% $41 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $350,000 -- $43 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12296029

Midwest Real Estate Data (MRED)

APN: 21311190100000