NOT LISTED FOR SALE

12550 Ann St Blue Island, IL 60406

Estimated Value: $214,481 - $316,000

5 Beds
2 Baths
-- Sq Ft
1889 Built

Last Sold July 24, 2017

Last sale price $163,000

Est. 60% increase in value since last sale

Current estimated payment $1,776/month

38 Days on Market

About This Home

As of July 2017

Great Opportunity for Investment or Related Living in Blue Island! Lots of recent updates done to this attractive two flat on friendly block. Gorgeous hardwood flooring throughout and new carpet in bedrooms. Unit 1 (3BR/1BA) features an open floor plan that connects a sizable living/dining space to a beautifully renovated kitchen. Brand new white cabinetry perfectly compliments the tasteful countertops and brand new stainless steel appliances. Unit 2 (2BR/1BA) features abundant natural light in large communal living space and updated bath. Newer roof and two brand new water heaters! New plumbing throughout. Income potential (Based on recently rented units in area) Unit 1: $1100-$1300/month Unit 2: $850-$1150/month.

Last Agent to Sell the Property

Allison Knox

Keller Williams ONEChicago License #475167742 Listed on: 03/02/2017

Keller Williams ONEChicago

Last Buyer's Agent

Joan Stube

Redfin Corporation License #471020549

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1889 | Remodeled in 2016

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Porch
  • Lot Dimensions are 36x128

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,150

Year Built

Built in 1889 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1889
  • Age: 100+ 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): Yes
  • Rehab Year: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Dishwasher

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • List Price: 164900
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 130

Lot Info

  • Lot Dimensions: 36X128
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3149.56
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jun 29, 2017
Sold by
Tjo Enterprises Llc
Bought by
Johnson Rita D
Seller's Agent
Allison Knox
Keller Williams ONEChicago
Buyer's Agent
Joan Stube
Redfin Corporation
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%
Current Estimated Value
$260,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,620
Avg. Annual Appreciation
5.38%
Original Mortgage
$160,047
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2016
Sold by
County Of Cook
Bought by
Tjo Enterprises Llc

Purchase Details

Closed on
Mar 28, 2011
Sold by
Us Bank National Association Nd
Bought by
Adept Select Services Llc

Purchase Details

Closed on
Dec 28, 2010
Sold by
Pegorin Joe
Bought by
U S Bank National Association Nd

Purchase Details

Closed on
Nov 7, 2003
Sold by
Clark Michael and Clark Charlotte
Bought by
Pegorin Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 3, 2001
Sold by
Clark Charlotte J
Bought by
Clark Michael F and Clark Charlotte J

Purchase Details

Closed on
Feb 12, 1999
Sold by
First Midwest Trust Company Natl Assn
Bought by
Clark Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.99%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Johnson Rita D $163,000 Fidelity National Title
Tjo Enterprises Llc -- Attorney
Adept Select Services Llc $17,000 First American
U S Bank National Association Nd -- None Available
Pegorin Joe $138,000 Ticor Title Insurance
Clark Michael F -- Lawyers Title Insurance Corp
Clark Charlotte J -- Lawyers Title Insurance Corp
Clark Michael F $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Rita D $156,784
Closed Johnson Rita $156,836
Closed Johnson Rita D $157,409
Closed Johnson Rita D $160,047
Previous Owner Pegorin Joe $168,000
Previous Owner Pegorin Joe $131,000
Previous Owner Clark Michael F $40,000
Previous Owner Clark Michael F $36,100
Previous Owner Clark Michael F $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Off Market $163,000 -- --
07/24/2017 07/24/17 Sold $163,000 -1.2% --
04/09/2017 04/09/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $164,900 -2.9% --
03/14/2017 03/14/17 For Sale $169,900 0.0% --
03/09/2017 03/09/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $169,900 -- --
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 $4,277 $16,955 $2,682 $14,273
2023 $3,981 $16,955 $2,682 $14,273
2022 $3,981 $11,758 $2,332 $9,426
2021 $3,795 $11,757 $2,332 $9,425
2020 $3,791 $11,757 $2,332 $9,425
2019 $3,472 $11,134 $2,098 $9,036
2018 $4,795 $11,134 $2,098 $9,036
2017 $3,383 $11,134 $2,098 $9,036
2016 $3,295 $9,711 $1,749 $7,962
2015 $3,150 $9,711 $1,749 $7,962
2014 $3,113 $9,711 $1,749 $7,962
2013 $3,063 $10,204 $1,749 $8,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09519249

Midwest Real Estate Data (MRED)

APN: 24-25-421-013-0000