$441,500
SOLD AUG 30, 2024

1044 N Wolcott Ave Unit 1 Chicago, IL 60622

East Village Neighborhood
3 Beds
3.5 Baths
2,480 Sq Ft
3,136 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

31% Below List Price

138 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to Bertha Honoré Palmer Park
  • A.N. Pritzker School Rated A-
  • 1-Story Property

About This Home

As of August 2024

AUCTION REO. Affordable East Village unit offers 3 beds, 3.5 baths with an open layout. Home offers a living room with fireplace, separate dining area and an open kitchen. The unit offers access to outdoor patios, laundry hook up, and garage parking is available. Home will need repairs to include walls, floors. Property is sold as-is with no repairs, property disclosure or inspection reports. Additional HOA assessment exist to include capital expense monthly. Buyer should complete all due diligence before bidding. Schedule your visit and make your offer.

Last Agent to Sell the Property

Andrea Butcher

Realhome Services & Solutions, Inc. License #471020007 Listed on: 01/31/2024

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,669

Year Built

  • Built in 2003

HOA Fees

  • $1,829 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Duplex

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • 3 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,669

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,829 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 2480
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • List Price: 551900
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 1829
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3125
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10669.14
  • Tax Year: 2022

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jul 18, 2024
Sold by
Structured Asset Mortgage Investments Ii and Us Bank Trust Company National Associati
Bought by
Savon Fss Llc
Seller's Agent
Andrea Butcher
Realhome Services & Solutions, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$636,000
Sold Price
$441,500
Premium/Discount to List
-$194,500
-30.58%
Views
418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.70%

Purchase Details

Closed on
Nov 10, 2003
Sold by
Schiller Development Inc
Bought by
Wigod Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $441,500 None Listed On Document
Warranty Deed $422,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,976 Credit Line Revolving
Previous Owner $187,432 Credit Line Revolving
Previous Owner $90,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Rent $4,500 0.0% --
08/30/2024 08/30/24 Sold $441,500 -20.0% $178 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $551,900 -2.1% $223 / Sq Ft
05/06/2024 05/06/24 Price Changed $564,000 -2.1% $227 / Sq Ft
04/15/2024 04/15/24 Price Changed $576,000 -3.0% $232 / Sq Ft
03/05/2024 03/05/24 Price Changed $594,000 -2.9% $240 / Sq Ft
02/16/2024 02/16/24 Price Changed $612,000 -3.8% $247 / Sq Ft
01/31/2024 01/31/24 For Sale $636,000 0.0% $256 / Sq Ft
02/18/2016 02/18/16 Rented $3,500 +4.5% --
12/05/2015 12/05/15 For Rent $3,350 -- --
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 $10,977 $75,062 $9,972 $65,090
2023 $10,669 $51,873 $3,897 $47,976
2022 $10,669 $51,873 $3,897 $47,976
2021 $9,761 $51,872 $3,897 $47,975
2020 $10,985 $52,415 $3,897 $48,518
2019 $10,818 $57,272 $3,897 $53,375
2018 $10,635 $57,272 $3,897 $53,375
2017 $8,869 $44,575 $3,438 $41,137
2016 $8,428 $44,575 $3,438 $41,137
2015 $7,687 $44,575 $3,438 $41,137
2014 $6,889 $39,701 $2,922 $36,779
2013 $6,742 $39,701 $2,922 $36,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970919

Midwest Real Estate Data (MRED)

APN: 17-06-414-060-1001