NOT LISTED FOR SALE

Estimated Value: $346,000 - $569,000

11 Beds
5 Baths
1,212 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $550,000 $454 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,797/month

57 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Multiple Water Heaters
  • Bungalow
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of July 2024

Gorgeous Brick Bungalow in front and Brick 2 Flat in back with tons of updates throughout. Check out this unique 3 unit in Humboldt Park ideal for multi-generational living or rental income! The Massive Front Brick Bungalow features 5 Bedrooms, (3 on main & 2 up) and 1.5 Bathrooms, unfinished basement with potential to duplex (high ceilings). Perfect for owner occupant to live in one unit and collect passive income from the 2 units. Rear Building features a Duplexed 4 bedrooms, 2 bathrooms plus the top floor unit has additional 2 bedroom and 1 bathroom currently rented to long term tenant paying below market rent. Bonus: ALL units have separate utilities. Front has radiant heating and rear has separate central heating and hot water tanks. Owner recently added drain tile system & sump pump to rear unit and updated 2 of the 3 units with new quartz countertops and shaker cabinetry in kitchens, updated bathrooms, freshly painted, new light fixtures, carpeting, and LVT flooring. Both Roofs are tear off and 3 years new! All Electrical & plumbing updated in 2010/2011. Too many upgrades to list. This block has easy permit parking all day. Your buyers will love the opportunity and the flexibility this property offers!

Last Agent to Sell the Property

Dalia Cajigas

Re/Max Cityview License #475125060 Listed on: 06/15/2024

Re/Max Cityview

Last Buyer's Agent

Alejandro Trujillo

RE/MAX Premier License #475163913

RE/MAX Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,553

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 25 x 125
  • Paved or Partially Paved Lot

Home Design

  • Bungalow
  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Additional Features

  • Ceiling Fan
  • Enclosed Patio or Porch

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,553

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 5553
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,1 Story Unit/s,Coach House,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 25, 2024
Sold by
Herrera Axel
Bought by
Paniagua Roberto
Seller's Agent
Dalia Cajigas
Re/Max Cityview
Buyer's Agent
Alejandro Trujillo
RE/MAX Premier
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%
Views
11
Current Estimated Value
$443,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,515
Avg. Annual Appreciation
-15.94%
Original Mortgage
$522,500
Outstanding Balance
$516,865
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
-$73,380

Purchase Details

Closed on
Dec 30, 2011
Sold by
Mena Ernesto Lima
Bought by
Herrera Axel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,577
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Mena Ernesto Lima

Purchase Details

Closed on
Jul 23, 2009
Sold by
Virella Jose M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mason Vanessa
Bought by
Virella Jose M and Virella Mildred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.5%
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
Paniagua Roberto $550,000 None Listed On Document
Herrera Axel $135,000 Heritage Title Company
Mena Ernesto Lima $37,500 Premier Title
Deutsche Bank National Trust Company -- None Available
Virella Jose M $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paniagua Roberto $522,500
Previous Owner Herrera Axel $131,577
Previous Owner Virella Jose M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $550,000 -1.8% $454 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $560,000 0.0% $462 / Sq Ft
04/25/2024 04/25/24 For Sale $560,000 -- $462 / Sq Ft
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 $5,714 $44,000 $5,781 $38,219
2023 $5,553 $27,001 $4,688 $22,313
2022 $5,553 $27,001 $4,688 $22,313
2021 $5,429 $26,999 $4,687 $22,312
2020 $3,658 $16,422 $3,671 $12,751
2019 $3,698 $18,407 $3,671 $14,736
2018 $3,636 $18,407 $3,671 $14,736
2017 $6,416 $29,804 $3,281 $26,523
2016 $5,969 $29,804 $3,281 $26,523
2015 $5,461 $29,804 $3,281 $26,523
2014 $4,307 $23,213 $3,125 $20,088
2013 $4,222 $23,213 $3,125 $20,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12039022

Midwest Real Estate Data (MRED)

APN: 16-02-313-039-0000