NOT LISTED FOR SALE

Estimated Value: $378,230

5 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold October 02, 2024

Last sale price $350,000

Est. 8% increase in value since last sale

Current estimated payment $2,768/month

6 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2024

WOW - WHAT A 3 FLAT OPPORTUNITY!! Why not own this building AND Live in it too!? Thats right, even qualified minimum down Buyers can secure an FHA loan on this SOLID 3-unit Building with a WALK-OUT Full-sized Basement, from the turn of the century and live almost rent-free! Thats right let someone else pay your mortgage, while enjoying life in this magnificent Historic Charmer. They just don't build them this way anymore. Sure, it may need some work, but the BONES ARE GOOD and the presence it commands in the neighborhood will only improve with upgrades you make. All of the apartments are generous sized - Units 1 & 2 are each approximately 1250 sq. ft. and the 3rd floor is very comfortable too! Rents are still far below what they could be. 2 of the apartments are heated by Hot Water Baseboard/radiator heat. The 3rd floor has Electric baseboard heaters. 1 & 2 unit has 4 A/C Units, while 3rd floor has at least 2. AND ALL 3 Tenants pay electric. Ideally - someone will see the TRUE Potential as the West Chicago Downtown Area continues to improve - NOTE Train is about 6 blocks, Reed Keppler Park / the Arc/ Turtle Splash Pool about 5 blocks, Library and Dining just 1 block +/-. As an Investor - don't just buy this and squeeze it financially - which you can ... put some money back into it and the return on your investment will be well enjoyed for years to come!

Last Agent to Sell the Property

Daniel Czuba

Daniel And Associates Real Estate License #471003460 Listed on: 08/01/2024

Last Buyer's Agent

Daniel Czuba

Daniel And Associates Real Estate License #471003460 Listed on: 08/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,269

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 67 x 195 x 66 x 200
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Heating
  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

  • 3 Units
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,269

Year Built

Built in 1880

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: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Corner Lot, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 4
  • 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, Steam, Baseboard, Radiator(s), Indv Controls, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense Year: 2020

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3
  • Lot Dimensions: 67 X 195 X 66 X 200
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 43200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9269
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 10, 2024
Sold by
S & M Properties Group Of West Chicago Llc
Bought by
Rodriguez Jose Dejesus and Munoz Noe Q
Seller's Agent
Daniel Czuba
Daniel And Associates Real Estate
Buyer's Agent
Daniel Czuba
Daniel And Associates Real Estate
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
38
Current Estimated Value
$378,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,230
Avg. Annual Appreciation
6.20%
Original Mortgage
$332,500
Outstanding Balance
$328,417
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$49,813

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 22, 2022
Sold by
Chaver Mariano and Chaver Sonia
Bought by
S & M Properties Group Of West Chicago Llc
Seller's Agent
Lance Kammes
RE/MAX Suburban
Buyer's Agent
Margarita Morelos
Coldwell Banker Real Estate Group
List Price
$259,900
Sold Price
$268,000
Premium/Discount to List
$8,100
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 24, 2022
Sold by
Zinn and Jennifer
Bought by
Chavez Mariano and Chavez Sonia
Seller's Agent
Lance Kammes
RE/MAX Suburban
Buyer's Agent
Margarita Morelos
Coldwell Banker Real Estate Group
List Price
$259,900
Sold Price
$268,000
Premium/Discount to List
$8,100
3.12%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Norton David J and Norton Lora Beth
Bought by
Zinn David and Zinn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
3.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Rodriguez Jose Dejesus $350,000 None Listed On Document
S & M Properties Group Of West Chicago Llc -- None Listed On Document
Chavez Mariano $268,000 Chicago Title
Zinn David $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jose Dejesus $332,500
Previous Owner Zinn David $188,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $350,000 0.0% --
08/26/2024 08/26/24 Price Changed $349,900 0.0% --
08/07/2024 08/07/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $349,900 +30.6% --
03/25/2022 03/25/22 Sold $268,000 +3.1% -- View Prior Sale
03/13/2022 03/13/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $259,900 -- --
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 $9,725 $109,414 $30,121 $79,293
2023 $9,269 $99,930 $27,510 $72,420
2022 $8,840 $93,400 $25,720 $67,680
2021 $8,538 $89,530 $24,650 $64,880
2020 $8,388 $86,810 $23,900 $62,910
2018 $9,137 $90,410 $21,070 $69,340
2017 $8,954 $85,910 $20,020 $65,890
2016 $8,753 $80,110 $18,670 $61,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112461

Midwest Real Estate Data (MRED)

APN: 04-03-313-001