$395,000
$439,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
SOLD DATE : 01/26/2023
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11678250
Sold Date 01/26/23
Bedrooms 7
Year Built 1911
Annual Tax Amount $5,982
Tax Year 2020
Lot Dimensions 30 X 100
Property Description
Investors: 9.7% cap rate. See attached spreadsheet. Live in the completely remodeled first floor or rent both. Unit 2 has an income of $2750/month with a lease in place until 06/2023 with a long-term tenant. Unit 1 was occupied until last August at $1900/month. Since then it has been completely rehabbed with new kitchen and bathroom redone to the studs. Plumbing was updated on the boiler and in the bathroom up to the 2nd floor, new windows, 2 new water heaters. The unfinished basement with room for storage can be shared and laundry is coin-operated and owned by the owner. Tenants pay for electric. There is also a functional, but unfinished bathroom in the basement. Located around the corner from ETHS. No alley access for a garage. Conventional or cash only. No FHA. As-is offers only.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Dewey Elementary School
Middle Schools Nichols Middle School
High Schools Evanston Twp High School
School District 65, 65, 202
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Artur Barkan • Kale Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "