$615,000
SOLD JAN 21, 2016

1102 W Wellington Ave Chicago, IL 60657

Lakeview Neighborhood
6 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

3% Below List Price

Highlights

  • 2 Car Detached Garage
  • 4-minute walk to Wellington Station
  • Forced Air Heating System
  • Lincoln Park High School Rated A

About This Home

As of November 2021

Perfect time to duplex down and make spectacular owners unit. 2 car garage

Last Agent to Sell the Property

Anthony King

Investment Realty Group Inc. License #471006265 Listed on: 11/23/2015

Last Buyer's Agent

Wilfredo Aguilar

Berkshire Hathaway HomeServices KoenigRubloff

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,172

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Tar and Gravel Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,172

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Fireplace-Artificial,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Garage/Space

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 635000
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10172
  • Tax Year: 2014

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
Oct 7, 2021
Closed on
Nov 10, 2021
Sold by
Luethi Martin and Luethi Hulya
Bought by
Simons Michael and Michael Simons Trust
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Barbara Briskin
Baird & Warner
List Price
$1,875,000
Sold Price
$1,860,000
Premium/Discount to List
-$15,000
-0.8%
Current Estimated Value
$2,242,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,153
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,488,000
Outstanding Balance
$1,368,325
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$872,656

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 29, 2018
Sold by
Ezmb Llc
Bought by
Luethi Martin and Luethi Hulya
Seller's Agent
Melanie Giglio-Vakos
Compass
Buyer's Agent
Paul Barker
Baird & Warner
List Price
$1,848,000
Sold Price
$1,725,000
Premium/Discount to List
-$123,000
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jan 21, 2016
Sold by
King Anthony J
Bought by
Ezmb Llc
Seller's Agent
Anthony King
Investment Realty Group Inc.
Buyer's Agent
Wilfredo Aguilar
Berkshire Hathaway HomeServices KoenigRubloff
List Price
$635,000
Sold Price
$615,000
Premium/Discount to List
-$20,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.81%
Original Mortgage
$615,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2014
Sold by
Bolick David
Bought by
King Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Foy Patrick D and Foy Catherine W
Bought by
Bolick David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
6.2%
Mortgage Type
Commercial
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
Warranty Deed $1,860,000 First American Title
Warranty Deed $1,725,000 Chicago Title
Warranty Deed $615,000 North American Title Company
Warranty Deed $466,000 Fidelity National Title
Warranty Deed $595,000 Ctic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,488,000 New Conventional
Previous Owner $925,000 New Conventional
Previous Owner $935,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $350,000 Credit Line Revolving
Previous Owner $940,000 New Conventional
Previous Owner $1,200,000 Future Advance Clause Open End Mortgage
Previous Owner $615,000 Commercial
Previous Owner $348,000 Future Advance Clause Open End Mortgage
Previous Owner $1,320,000 Commercial
Previous Owner $513,500 Commercial
Previous Owner $1,320,000 Commercial
Previous Owner $500,000 Commercial
Previous Owner $416,500 Commercial
Previous Owner $178,500 Commercial
Previous Owner $800,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $1,860,000 -0.8% $443 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,875,000 +8.7% $446 / Sq Ft
05/31/2018 05/31/18 Sold $1,725,000 -6.7% $411 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $1,848,000 +200.5% $440 / Sq Ft
01/21/2016 01/21/16 Sold $615,000 -3.1% --
11/23/2015 11/23/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $635,000 -- --
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
2024 $31,354 $178,000 $52,200 $125,800
2023 $32,026 $148,605 $52,500 $96,105
2022 $32,026 $155,708 $52,500 $103,208
2021 $32,729 $166,090 $52,500 $113,590
2020 $27,016 $124,377 $20,400 $103,977
2019 $26,473 $135,193 $20,400 $114,793
2018 $19,846 $100,471 $20,400 $80,071
2017 $13,407 $62,282 $18,000 $44,282
2016 $11,019 $55,016 $18,000 $37,016
2015 $10,081 $55,016 $18,000 $37,016
2014 $8,847 $47,683 $15,000 $32,683
2013 $10,172 $55,929 $15,000 $40,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09091136

Midwest Real Estate Data (MRED)

APN: 14-29-208-044-0000