NOT LISTED FOR SALE

1229 Emerald Ave Chicago Heights, IL 60411

East Side-Chicago Heights Neighborhood

Estimated Value: $140,641 - $158,000

4 Beds
2 Baths
1,350 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2022

Last sale price $87,500 $65 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,169 / mo

59 Days on Market

About This Home

As of November 2022

Nice income producing property with only minor updates and painting needed. Both tenants are month to month and current. Rents can be raised as both tenants are related to the seller. No known issues but property is being sold "as is". Cash / conventional / hard money, APPROVAL & POF. 24 hr notice to view

Last Agent to Sell the Property

Michael Tootelian

BAAN Properties, LLC License #471021626 Listed on: 06/18/2022

Last Buyer's Agent

Michael Tootelian

BAAN Properties, LLC License #471021626 Listed on: 06/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x124

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,810

Year Built

Built in 1918

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 35X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2809.97
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 29, 2022
Sold by
Bought by
Seller's Agent
Michael Tootelian
BAAN Properties, LLC
Buyer's Agent
Michael Tootelian
BAAN Properties, LLC
List Price
$89,900
Sold Price
$87,500
Premium/Discount to List
-$2,400
-2.67%
Views
5
Current Estimated Value
$150,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,410
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Feb 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
0.0583%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,500 Fidelity National Title
$105,000 Multiple
$38,000 Wheatland Title Guaranty
-- --
$37,500 Intercounty Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $94,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $87,500 -2.7% $65 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $89,900 -- $67 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,075 $7,665 $2,325 $5,340
2024 $4,075 $7,665 $2,325 $5,340
2023 $3,022 $7,665 $2,325 $5,340
2022 $3,022 $4,783 $2,015 $2,768
2021 $2,902 $4,782 $2,015 $2,767
2020 $2,810 $4,782 $2,015 $2,767
2019 $3,319 $5,763 $1,860 $3,903
2018 $3,155 $5,763 $1,860 $3,903
2017 $3,016 $5,763 $1,860 $3,903
2016 $2,891 $5,392 $1,705 $3,687
2015 $2,859 $5,392 $1,705 $3,687
2014 $2,833 $5,392 $1,705 $3,687
2013 $3,067 $6,062 $1,705 $4,357
Source: Public Records

Agents Affiliated with this Home

  • Michael Tootelian

    Seller's Agent in 2022

    Michael Tootelian

    BAAN Properties, LLC

    (847) 502-5821

    1 in this area

    63 Total Sales

    Michael Tootelian
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11439603

Midwest Real Estate Data (MRED)

APN: 32-21-109-011-0000

Illinois Cook County Chicago Heights 60411 East Side-Chicago Heights

1229 Emerald Ave, Chicago Heights, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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