$220,000
SOLD NOV 18, 2015
8 Beds
8 Baths
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

21% Below List Price

73 Days on Market

About This Home

As of May 2022

ALL BRICK BUILDING WITH 8/1 BEDROOM UNITS, LAUNDRY FACILITIES AND STORAGE AREA IS IN BETTER THAN AVERAGE CONDITION. PROPERTY EASILY TURNS A POSITIVE CASH FLOW. FINANCIAL OBLIGATIONS REQUIRE LIQUIDATION...OPPORTUNITY AWAITING! CALL LISTING AGENT FOR FURTHER DETAILS, THIS WILL BE A SHORT SALE AND COMMISSION/FINAL SALE ARE SUBJECT TO BANK APPROVAL.

Last Agent to Sell the Property

Doug VanDeMark

Karen Douglas Realty License #471001285 Listed on: 09/04/2015

Co-Listed By

Karen Yoch

Karen Douglas Realty License #471000931

Last Buyer's Agent

Edward Kirch

Kirch Property Management License #471008409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,464

Year Built

  • 1900

Home Design

  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for air conditioning

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,464

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Number Of Stories: 3
  • Estimated Year Built: 1900
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.16
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Gas

Condo/Co-op/Association

  • Units in Building: 8

Lot Info

  • Lot Dimensions: 80X100
  • Parcel Identification Number: 1522163022

Rental Info

  • Tenant Pays: Air Conditioning

Tax Info

  • Taxes: 7532.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 11, 2022
Sold by
10 N Lake Llc
Bought by
Ramsu Properties Llc
Seller's Agent
Robert Drafke
Concentric Realty, Inc
Buyer's Agent
Venkat Chatakondu
Charles Rutenberg Realty of IL
List Price
$739,000
Sold Price
$710,795
Premium/Discount to List
-$28,205
-3.82%
Total Days on Market
73
Current Estimated Value
$678,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,898
Avg. Annual Appreciation
-1.48%
Original Mortgage
$1,036,000
Outstanding Balance
$427,485
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$251,412

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 7, 2017
Sold by
Pro Active Investments Llc
Bought by
10 N Lake Llc
Seller's Agent
Robert Drafke
Concentric Realty, Inc
Buyer's Agent
Brett Horton
HomeSmart Realty Group of IL
Sold Price
$925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,400
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2016
Sold by
T & S Felten Llc
Bought by
Pro Active Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 9, 2015
Sold by
Hammer Industrial Services Inc
Bought by
T & S Felten Llc
Seller's Agent
Doug VanDeMark
Karen Douglas Realty
Buyer's Agent
Edward Kirch
Kirch Property Management
List Price
$280,000
Sold Price
$220,000
Premium/Discount to List
-$60,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Jul 31, 1996
Sold by
Garrow V Pauline
Bought by
Hammer Industrial Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.33%
Mortgage Type
Seller Take Back
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $711,000 Pro Title Group
Warranty Deed -- Attorney
Quit Claim Deed -- None Available
Warranty Deed $220,000 Chicago Title Insurance Co
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,036,000 New Conventional
Previous Owner $487,500 Commercial
Previous Owner $862,400 Commercial
Previous Owner $0 Commercial
Previous Owner $384,000 Commercial
Previous Owner $324,000 Commercial
Previous Owner $230,000 Commercial
Previous Owner $117,000 Seller Take Back
Closed $0 Commercial
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $710,795 -3.8% $1,094 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $739,000 0.0% $1,137 / Sq Ft
05/25/2017 05/25/17 Rented $925 0.0% --
05/11/2017 05/11/17 For Rent $925 0.0% --
04/04/2017 04/04/17 Rented $925 -2.6% --
03/11/2017 03/11/17 For Rent $950 +5.6% --
12/01/2016 12/01/16 Rented $900 0.0% --
11/08/2016 11/08/16 Under Contract -- -- --
10/24/2016 10/24/16 For Rent $900 0.0% --
09/19/2016 09/19/16 Rented $900 0.0% --
09/15/2016 09/15/16 For Rent $900 0.0% --
11/18/2015 11/18/15 Sold $220,000 -21.4% --
11/16/2015 11/16/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $280,000 -- --
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
2023 $18,464 $193,033 $17,284 $175,749
2022 $16,459 $167,059 $15,770 $151,289
2021 $15,765 $155,534 $14,682 $140,852
2020 $14,969 $144,467 $13,637 $130,830
2019 $19,394 $179,930 $12,635 $167,295
2018 $16,605 $151,185 $11,687 $139,498
2017 $7,979 $70,659 $10,768 $59,891
2016 $9,053 $77,885 $9,230 $68,655
2015 -- $63,798 $7,937 $55,861
2014 -- $61,019 $7,294 $53,725
2013 -- $60,599 $7,639 $52,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09030765

Midwest Real Estate Data (MRED)

APN: 15-22-163-022