849 Miller Street, Near West Side, Chicago, Illinois 60607
$429,250
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1885 |
| Property Taxes: | $6,970 |
| Days On Market: | 3279 |
| Lot Size: | 0,00 |
Description
Multiple offer situations. Final and best due by Sunday 9 PM. 100% leased arm chair investment with tenants that line up to see it and pay their own utilities OR tear down (Zoned RM-5 with new construction next door) and build condos for doctors or apartments for students who need to walk to campus, UIC or Rush, take the el downtown or enjoy living off the highway in the heart of Little Italy and University Village. This solid brick 2 flat has been meticulously maintained and improved by tuck pointing, plumbing improvements, replacing HVAC, new flooring and sub flooring, new appliances, and other capital improvements. Current 5.5% CAP rate with easy Pro Forma of 6.3% CAP and ARP of 8.6% CAP. Build new construction with units starting at $450,000. Start doing your math and submit an offer. 89 Walk Score | 80 Transit Score | 90 Bike Score. Information deemed reliable, but not guaranteed.
Property Specifics
| Multi-unit | |
| — | |
| Other | |
| 1885 | |
| Full | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 09347516 | |
| 17174210230000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Smyth Elementary School |
299 | — | |
|
Middle School
Smyth Elementary School |
299 | Not in DB | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Jun, 2012 | Sold | $315,000 | MRED MLS |
| 20 Apr, 2012 | Under contract | $360,000 | MRED MLS |
| — | Last price change | $375,000 | MRED MLS |
| 21 Feb, 2012 | Listed for sale | $375,000 | MRED MLS |
| 17 Oct, 2016 | Sold | $429,250 | MRED MLS |
| 26 Sep, 2016 | Under contract | $449,900 | MRED MLS |
| 19 Sep, 2016 | Listed for sale | $449,900 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| Balcony, Deck, Porch, Storms/Screens | |
| — | |
| 25X101 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $8,439 |
| 2016 | $6,970 |
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Listing Provided By
Berkshire Hathaway HomeServices KoenigRubloff
