NOT LISTED FOR SALE

1111 N 22nd Ave Melrose Park, IL 60160

Estimated Value: $341,000 - $357,000

4 Beds
2 Baths
-- Sq Ft
0.76 Acres Lot

Sale Details

Date Sold: August 12, 2024

Last sale price $370,000

Est. 6% decrease in value since last sale

Current estimated payment $1,927 / mo

11 Days on Market

About This Home

As of August 2024

Nestled in the heart of Melrose Park, this charming 2-unit frame building offers the perfect blend of comfort and convenience. Each unit features 2 bedrooms, newer appliances, and a welcoming front porch balcony, inviting you to unwind and soak in the neighborhood's charm. The unfinished basement provides endless possibilities for customization, while the spacious yard and detached garage cater to your outdoor needs. Whether you're looking for an investment opportunity or a place to call home, this property has it all. Don't miss out on this incredible opportunity to own a piece of Melrose Park! Contact us today to schedule a viewing or learn more.

Last Agent to Sell the Property

Michael Scola

RE/MAX Partners License #471004156 Listed on: 05/30/2024

RE/MAX Partners

Last Buyer's Agent

Angel Bolivar

PAK Home Realty License #475191224

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 50x125
  • Additional Parcels

Parking

  • 4 Car Detached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,247

Year Built

Built in 1911

Lot Details

0.76 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6246.67
  • Tax Year: 2022

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
May 30, 2024
Closed on
Jul 1, 2024
Sold by
Lsf9 Master Participation Trust and Us Bank Trust Na
Bought by
Ortega Alexis
Seller's Agent
Michael Scola
RE/MAX Partners
Buyer's Agent
Angel Bolivar
PAK Home Realty
List Price
$331,000
Sold Price
$370,000
Premium/Discount to List
$39,000
11.78%
Views
95
Current Estimated Value
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,000
Avg. Annual Appreciation
-3.28%
Original Mortgage
$351,500
Outstanding Balance
$345,555
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$3,445

Purchase Details

Closed on
Jun 17, 2008
Sold by
Nunez Ramon and Salazar Jesus R
Bought by
Salazar Jesus R and Salazar Adelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1998
Sold by
Ernst Philip M and Ernst Pamela
Bought by
Salazar Jesus R and Nunez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,481
Interest Rate
6.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ortega Alexis $370,000 First American Title
Salazar Jesus R -- Stewart Title Of Illinois
Salazar Jesus R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Alexis $351,500
Previous Owner Salazar Jesus R $170,000
Previous Owner Salazar Jesus R $135,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $370,000 +11.8% --
06/11/2024 06/11/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $331,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $772 $2,970 $2,970 --
2024 $772 $2,970 $2,970 --
2023 $763 $2,970 $2,970 --
2022 $763 $2,475 $2,475 $0
2021 $774 $2,475 $2,475 $0
2020 $753 $2,475 $2,475 $0
2019 $722 $2,227 $2,227 $0
2018 $719 $2,227 $2,227 $0
2017 $703 $2,227 $2,227 $0
2016 $661 $2,062 $2,062 $0
2015 $651 $2,062 $2,062 $0
2014 $630 $2,062 $2,062 $0
2013 $579 $2,062 $2,062 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069963

Midwest Real Estate Data (MRED)

APN: 15-03-327-006-0000

Your Personal Tour Guide

Ask me questions while you tour the home.