NOT LISTED FOR SALE

Estimated Value: $235,000 - $298,029

6 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $160,000

Est. 77% increase in value since last sale

Current estimated payment $2,073/month

44 Days on Market

About This Home

As of July 2018

Investors! Positive Cash Flow! See NOI ~ Fully leased 4-unit building ~ Two-1 bedroom/1-story units and One 2bedroom 2nd floor and One-3 bedroom/2 story unit with basement. All semi-updated with a 2-car attached garage which can also generate additional income. Don't miss this opportunity! You could also possibly live in 1 unit and lease the other 3 units! New electric panel and new wiring throughout main house and garage. Conventional financing!

Last Agent to Sell the Property

Donna Montefusco

United Real Estate - Chicago License #475130733 Listed on: 01/15/2018

United Real Estate - Chicago

Last Buyer's Agent

Roland Correa

eXp Realty, LLC License #471017858

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,417

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50' x 133'
  • Legal Non-Conforming

Parking

  • 2 Car Attached Garage
  • No Garage
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Community Well

Community Details

Overview

  • 4 Units
  • Ingalls Park Subdivision

Building Details

  • Gross Income $38,100
  • Net Operating Income $26,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,417

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: INGALLS PARK
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Legal Non-Conforming
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 12
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Street Lights

Fee Information

  • Other Expenses $: 12030

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 50' X 133'
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: None

Multi Family

  • Net Operating Income: 26070
  • GrossIncome: 38100
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s,2 Story Unit/s,Converted Residence

Tax Info

  • Tax Annual Amount: 6417.18
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 29, 2018
Sold by
Pirie Anthony and Pirie Alexandra
Bought by
Annepu Jyothsna J and Bendi Dileep
Seller's Agent
Donna Montefusco
United Real Estate - Chicago
Buyer's Agent
Roland Correa
eXp Realty, LLC
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$283,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,080
Avg. Annual Appreciation
7.04%
Original Mortgage
$120,000
Outstanding Balance
$105,920
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$161,837

Purchase Details

Closed on
Feb 22, 2007
Sold by
Sartori Joanne M and Estate Of Jerome M Fris
Bought by
Pirie Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1995
Sold by
Fris Elizabeth A
Bought by
Fris Jerome M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.8%
Source: Public Records
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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
Annepu Jyothsna J $160,000 Chicago Title Ins Co
Pirie Anthony $170,000 The Talon Group
Fris Jerome M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annepu Jyothsna J $120,000
Previous Owner Pirie Anthony $153,000
Previous Owner Fris Jerome M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $160,000 0.0% --
06/30/2018 06/30/18 Off Market $160,000 -- --
02/28/2018 02/28/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $159,999 -8.6% --
01/15/2018 01/15/18 For Sale $175,000 -- --
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
2024 $7,226 $86,036 $9,823 $76,213
2023 $7,226 $76,443 $8,728 $67,715
2022 $6,476 $69,148 $7,895 $61,253
2021 $6,173 $64,582 $7,374 $57,208
2020 $5,896 $61,332 $7,003 $54,329
2019 $5,189 $75,266 $6,508 $68,758
2018 $7,046 $69,549 $6,014 $63,535
2017 $6,684 $63,232 $5,468 $57,764
2016 $6,417 $58,231 $5,013 $53,218
2015 -- $54,600 $4,700 $49,900
2014 -- $54,350 $4,700 $49,650
2013 -- $57,476 $5,207 $52,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09833563

Midwest Real Estate Data (MRED)

APN: 30-07-13-110-010