NOT LISTED FOR SALE

11132 S Langley Ave Chicago, IL 60628

Pullman Neighborhood

Estimated Value: $181,000 - $286,000

4 Beds
4 Baths
1,320 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $195,000 $148 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,326/month

121 Days on Market

Highlights

  • Brownstone
  • Porch
  • Heating System Uses Steam
  • 1 Car Detached Garage
  • Baseboard Heating
  • 3-minute walk to Langley (Ester Gunderson) Park

About This Home

As of March 2020

This investment has been in the family for many years. Current tenants are wonderful. Both are on a month to month verbal leases. New Pullman Community Development include a Whole Foods, Pot Belly, Walmart. The Pullman Historical Museum is right there. Income & Expense sheet as of 8-20-2019 is attached under Additional Information along with disclosures.

Last Agent to Sell the Property

Spero Speropoulos

Baird & Warner License #475131470 Listed on: 09/09/2019

Baird & Warner

Last Buyer's Agent

Patrice Thomas

Realty of America, LLC License #475179988

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,803

Year Built

  • Built in 1875

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 1 Car Detached Garage
  • No Garage
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $14,400
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,803

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • List Price: 199000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Alley
  • ParkingTotal: 5
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 14400
  • GrossIncome: 14400
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3803
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 20, 2020
Sold by
Klausner Kenneth and Klausner Sharon
Bought by
Harrison Mary and Harrison Leroy
Seller's Agent
Spero Speropoulos
Baird & Warner
Buyer's Agent
Patrice Thomas
Realty of America, LLC
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$217,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,477
Avg. Annual Appreciation
2.23%
Original Mortgage
$156,000
Interest Rate
3.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Harrison Mary $195,000 Attorney
Klausner Kenneth -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Leroy $133,000
Previous Owner Harrison Mary $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $195,000 -2.0% $148 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
09/11/2019 09/11/19 Price Changed $199,000 +2.1% $151 / Sq Ft
09/09/2019 09/09/19 For Sale $195,000 -- $148 / 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 $1,625 $14,000 $4,979 $9,021
2023 $1,563 $11,000 $4,046 $6,954
2022 $1,563 $11,000 $4,046 $6,954
2021 $1,546 $10,999 $4,045 $6,954
2020 $1,926 $11,728 $3,423 $8,305
2019 $1,934 $13,032 $3,423 $9,609
2018 $1,900 $13,032 $3,423 $9,609
2017 $1,716 $11,329 $3,112 $8,217
2016 $1,773 $11,329 $3,112 $8,217
2015 $1,599 $11,329 $3,112 $8,217
2014 $1,390 $10,042 $2,800 $7,242
2013 $1,351 $10,042 $2,800 $7,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10512080

Midwest Real Estate Data (MRED)

APN: 25-22-209-036-0000