NOT LISTED FOR SALE

Estimated Value: $217,000 - $231,000

8 Beds
3 Baths
2,244 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $224,500 $100 Per Sq Ft

Current estimated payment $1,803/month

38 Days on Market

About This Home

As of September 2023

Introducing an exceptional multi-unit fixer-upper property that presents an enticing investment opportunity for those with a keen eye for potential. It has a three bed one bath coach house in the rear and two units with two beds and two baths in front and offers plenty of parking and a huge yard. Whether you are an experienced investor, a skilled renovator, or a budding real estate enthusiast, this multi-unit fixer-upper offers an exciting opportunity to make your mark in the housing market. With vision, dedication, and the right improvements, you can transform this property into a lucrative investment that provides both a comfortable home for tenants and a solid financial return for yourself. Sold as is , come and see it for yourself .

Last Listed By

Avia Duncan

eXp Realty, LLC License #475204762 Listed on: 06/07/2023

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $419

Year Built

  • Built in 1910

Lot Details

  • 7,579

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Outdoor Features

  • Tideland Water Rights
  • Balcony

Additional Features

  • Basement Fills Entire Space Under The House
  • Radiant Heating System

Community Details

  • 3 Units
  • North Chicago Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$419

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: North Chicago
  • Year Built: 1910
  • Age: 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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 239000
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Water Rights, Curbs, Sidewalks, Street Lights
  • Conversion YN: Y

Schools

  • Middle/Junior School District: 187

Lot Info

  • Lot Dimensions: 7566
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 418.8
  • Tax Year: 2022

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 8, 2023
Sold by
Mcknight Samuel
Bought by
Barrera Oscar and Andrade-Serrano Guadalupe
Seller's Agent
Avia Duncan
eXp Realty, LLC
Buyer's Agent
Sandra Giron
RESIDENTIAL PRO LLC
List Price
$259,000
Sold Price
$224,500
Premium/Discount to List
-$34,500
-13.32%
Total Days on Market
38
Views
220
Current Estimated Value
$224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$500
Avg. Annual Appreciation
-3.01%
Original Mortgage
$168,375
Outstanding Balance
$165,522
Interest Rate
7.12%
Estimated Equity
$47,478

Purchase Details

Closed on
Apr 22, 2004
Sold by
Mcknight Fellie
Bought by
Mcknight Fellie

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 Buyer Sale Price Title Company
Barrera Oscar $224,500 None Listed On Document
Mcknight Fellie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Oscar $168,375
Previous Owner Mcknight Samuel A $128,877
Previous Owner Mcknight Samuel A $135,700
Previous Owner Mcknight Fellie $131,000
Previous Owner Mcknight Fellie $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $224,500 -6.1% $100 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $239,000 -7.7% $107 / Sq Ft
06/07/2023 06/07/23 For Sale $259,000 -- $115 / 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 $6,601 $66,067 $8,832 $57,235
2023 $5,721 $56,579 $7,564 $49,015
2022 $5,721 $46,491 $5,850 $40,641
2021 $5,002 $41,596 $5,251 $36,345
2020 $3,768 $35,710 $4,884 $30,826
2019 $3,768 $32,722 $4,475 $28,247
2018 $2,244 $20,177 $4,234 $15,943
2017 $2,063 $17,851 $3,746 $14,105
2016 $2,457 $19,887 $4,173 $15,714
2015 $2,178 $17,799 $3,735 $14,064
2014 $2,655 $21,547 $3,227 $18,320
2012 $2,205 $23,344 $3,496 $19,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11802196

Midwest Real Estate Data (MRED)

APN: 08-33-103-026