Diana Marcus
@properties Christie's International Real Estate
(312) 313-9452
52 Total Sales
1 in Chicago West
$439,900 Price
131 Arbor Ave West Chicago, IL 60185
Chicago West NeighborhoodEstimated Value: $396,946
5
Beds
4
Baths
--
Sq Ft
0.3
Acre Lot
Highlights
- Corner Lot
- Zoned Heating
- Heating System Uses Steam
- 2 Car Detached Garage
- Baseboard Heating
About This Home
As of October 2024WOW - 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 And Associates Real Estate License #471003460 Listed on: 08/01/2024
Last Buyer's Agent
Daniel And Associates Real Estate License #471003460 Listed on: 08/01/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,269
Year Built
- Built in 1880
Lot Details
- 13,068 Sq Ft 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
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
Aug 1, 2024
Closed on
Sep 10, 2024
Sold by
S & M Properties Group Of West Chicago Llc
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,946
Avg. Annual Appreciation
6.56%
Original Mortgage
$332,500
Outstanding Balance
$324,453
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$72,493
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
Duarte Realty Company
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
Duarte Realty Company
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chicago West, IL
-
Diana Marcus
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,078 Total Sales
1 in Chicago West
$95,000 Price
-
Haydee Rosas
Haydee Rosas
Coldwell Banker Realty
(708) 905-8427
125 Total Sales
1 in Chicago West
$296,000 Price
-
Anne Jacobs
Anne Jacobs
Responds QuicklyBaird & Warner
(224) 419-6315
110 Total Sales
1 in Chicago West
$610,000 Price
-
Kristine Galazka
Kristine Galazka
Compass
(630) 426-7922
34 Total Sales
1 in Chicago West
$584,900 Price
-
Gustavo Vargas
Gustavo Vargas
RE/MAX Partners
(708) 554-7307
82 Total Sales
2 in Chicago West
$300K - $350K Price Range
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 |
|---|---|---|---|
| $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
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 |
|---|---|---|---|
| Open | $332,500 | ||
| Previous Owner | S & M Properties Group Of West | $255,000 | |
| Previous Owner | S & M Properties Group Of West | $200,000 | |
| Previous Owner | Zinn David | $223,975 | |
| Previous Owner | Zinn David | $220,000 | |
| Previous Owner | Zinn David | $188,100 |
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 | 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
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 |
|---|---|---|---|---|
| 2024 | $10,085 | $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
-
Daniel Czuba
Seller's Agent in 2024
Daniel Czuba
Daniel And Associates Real Estate
(630) 918-6129
44 in this area
123 Total Sales
-
Lance Kammes
Seller's Agent in 2022
Lance Kammes
RE/MAX Suburban
(630) 868-6315
100 in this area
813 Total Sales
-
Margarita Morelos
Buyer's Agent in 2022
Margarita Morelos
Duarte Realty Company
(708) 359-6674
1 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12112461
APN: 04-03-313-001
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.
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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