NOT LISTED FOR SALE

10 Michigan Ave Highwood, IL 60040

Estimated Value: $407,505 - $469,000

3 Beds
2 Baths
1,448 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $299,000 $206 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,994/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Corner Lot
  • Patio
  • Wayne Thomas Elementary School Rated A
  • 2 Car Attached Garage
  • Heating System Uses Steam

About This Home

As of November 2020

Two unit duplex located in a quiet neighborhood in Highwood! Hardwood flooring throughout both units. One unit features two bedrooms and full bath. Sunny and generously sized living area. Spacious kitchen with matching white appliances and access to the back patio. Finished basement provides living space or storage space. Second unit is studio with spacious bedroom. Two car garage, one for each unit and spacious driveway for additional parking. Property located across from Exmoor Country Club. Tenant in both units and are willing to sign a lease.

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 09/21/2020

Last Buyer's Agent

Erik Gimbel

Keller Williams North Shore West License #475156920

Keller Williams North Shore West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,535

Year Built

  • Built in 1928

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 71x138x53x134
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Stone Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Wayne Thomas Elementary School
  • Northwood Junior High School
  • Highland Park High School

Additional Features

  • Partial Basement
  • Patio
  • Heating System Uses Steam

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,535

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Lot Features: Corner Lot, Landscaped
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Paved

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 71X138X53X134
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 6535.12
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 11, 2020
Sold by
Fortis Bobby D
Bought by
Evtimov Stamo
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Erik Gimbel
Keller Williams North Shore West
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Current Estimated Value
$446,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,376
Avg. Annual Appreciation
8.41%
Original Mortgage
$217,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2019
Closed on
Oct 2, 2019
Sold by
Yes Margaret Inc
Bought by
Fortis Bobby D
Seller's Agent
Richard Giese
Coldwell Banker Realty
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$319,000
Sold Price
$267,500
Premium/Discount to List
-$51,500
-16.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Mahoney Daniel and Mahoney Margaret
Bought by
Yes Margaret Inc

Purchase Details

Closed on
Apr 16, 2012
Sold by
Yes Margaret Inc
Bought by
Mahoney Daniel and Mahoney Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
10 Michigan Avenue Llc
Bought by
Yes Margaret Inc

Purchase Details

Closed on
Mar 29, 2002
Sold by
Pasquesi Joseph R and Pasquesi John Joseph
Bought by
10 Michigan Avenue Llc

Purchase Details

Closed on
Jan 15, 2000
Sold by
Xilas Jean
Bought by
Pasquesi Joseph and Pasquesi John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 1999
Sold by
Sink Peter A
Bought by
Xilas Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Evtimov Stamo $299,000 None Available
Fortis Bobby D $267,500 Chicago Title
Yes Margaret Inc -- None Available
Mahoney Daniel -- None Available
Yes Margaret Inc $307,000 St
10 Michigan Avenue Llc -- --
Pasquesi Joseph $183,000 Chicago Title Insurance Co
Xilas Jean -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evtimov Stamo $217,500
Previous Owner Mahoney Daniel $150,000
Previous Owner Pasquesi Joseph $164,700
Previous Owner Xilas Jean $164,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $299,000 -0.3% $206 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $299,900 +12.1% $207 / Sq Ft
10/04/2019 10/04/19 Sold $267,500 -10.5% $185 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $299,000 -6.3% $206 / Sq Ft
06/27/2019 06/27/19 For Sale $319,000 +19.3% $220 / Sq Ft
06/27/2019 06/27/19 Off Market $267,500 -- --
04/29/2019 04/29/19 For Sale $319,000 0.0% $220 / Sq Ft
10/31/2016 10/31/16 Rented $1,500 0.0% --
10/15/2016 10/15/16 For Rent $1,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $7,839 $102,758 $37,499 $65,259
2023 $7,444 $92,625 $33,801 $58,824
2022 $7,444 $85,582 $37,133 $48,449
2021 $6,897 $82,728 $35,895 $46,833
2020 $6,736 $82,728 $35,895 $46,833
2019 $6,535 $82,341 $35,727 $46,614
2018 $6,610 $86,861 $39,394 $47,467
2017 $6,533 $86,360 $39,167 $47,193
2016 $6,284 $82,217 $37,288 $44,929
2015 $6,150 $76,389 $34,645 $41,744
2014 $5,603 $69,907 $28,661 $41,246
2012 $5,466 $70,315 $28,828 $41,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10876700

Midwest Real Estate Data (MRED)

APN: 16-15-432-013