NOT LISTED FOR SALE

Estimated Value: $259,000 - $279,802

4 Beds
2 Baths
924 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 05, 2025

Last sale price $265,000 $287 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,665/month

8 Days on Market

About This Home

As of May 2025

Great opportunity to own a legal 2-unit brick property in Humboldt Park, 1st floor is currently occupied by long time tenant 2nd floor unit is vacant. Low taxes, updated heating units and water tanks. Property has lots of potential for new owner to instantly increase its value. Large yard and full basement that can be duplexed to create large owners' unit with 2nd floor rental.

Last Agent to Sell the Property

David Miranda

Kale Realty License #475111961 Listed on: 03/29/2025

Kale Realty

Last Buyer's Agent

Silvia Tenesaca

Cloud Gate Realty LLC License #475209939

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1908

Lot Details

  • 3,746

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,054

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • 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
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Site
  • ParkingTotal: 3

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3054
  • Tax Year: 2023
  • Tax Exemptions: None

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
Mar 29, 2025
Closed on
May 6, 2025
Sold by
Gomez William and Gomez Fulgencio
Bought by
Penaranda Jesus Ramiro Espin
Seller's Agent
David Miranda
Kale Realty
Buyer's Agent
Silvia Tenesaca
Cloud Gate Realty LLC
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Views
36
Current Estimated Value
$271,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,451
Avg. Annual Appreciation
3.40%
Original Mortgage
$191,750
Outstanding Balance
$190,517
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$80,934

Purchase Details

Closed on
Oct 3, 2005
Sold by
Leiva Jeannette
Bought by
Gomez William and Gomez Fulgencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2002
Sold by
Barreto Victor M and Barreto Maria M
Bought by
Leiva Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.56%
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
Penaranda Jesus Ramiro Espin $265,000 None Listed On Document
Gomez William $240,000 Multiple
Leiva Jeannette $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penaranda Jesus Ramiro Espin $191,750
Previous Owner Gomez William $48,000
Previous Owner Gomez William $192,000
Previous Owner Leiva Jeannette $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $265,000 +6.4% $287 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/29/2025 03/29/25 For Sale $249,000 -- $269 / 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
2025 $3,054 $20,001 $6,938 $13,063
2024 $3,054 $20,001 $6,938 $13,063
2023 $3,291 $14,431 $5,625 $8,806
2022 $3,291 $16,000 $5,625 $10,375
2021 $3,217 $16,000 $5,625 $10,375
2020 $2,552 $11,457 $4,406 $7,051
2019 $2,558 $12,731 $4,406 $8,325
2018 $2,515 $12,731 $4,406 $8,325
2017 $2,372 $11,017 $3,937 $7,080
2016 $2,207 $11,017 $3,937 $7,080
2015 $2,019 $11,017 $3,937 $7,080
2014 $2,105 $11,346 $3,750 $7,596
2013 $2,064 $11,346 $3,750 $7,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12320371

Midwest Real Estate Data (MRED)

APN: 16-02-123-016-0000