NOT LISTED FOR SALE

Estimated Value: $172,000 - $292,000

5 Beds
2 Baths
1,536 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $18,000 $12 Per Sq Ft

Est. 1,086% increase in value since last sale

Current estimated payment $1,493/month

107 Days on Market

About This Home

As of February 2015

Handyman Special! Two unit building in need of rehab. Great opportunity for a cash flower a 3br and 2br apt, Sold AS IS. Cash offers only. Not bank owned. Quick close.

Last Agent to Sell the Property

Adam Taylor

PRS Realty LLC License #471005936 Listed on: 09/02/2014

Co-Listed By

Jeff Frost

The Horvay Group LLC License #475133873

Last Buyer's Agent

Elva Gonzalez

Charles Rutenberg Realty of IL License #475135270

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,148

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,148 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 25000
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 9525
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2041
  • Tax Year: 2013

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
Sep 2, 2014
Closed on
Jan 12, 2015
Sold by
Grack Llc
Bought by
Salcedo Antonio
Seller's Agent
Adam Taylor
PRS Realty LLC
Buyer's Agent
Elva Gonzalez
Charles Rutenberg Realty of IL
List Price
$34,900
Sold Price
$18,000
Premium/Discount to List
-$16,900
-48.42%
Current Estimated Value
$213,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,529
Avg. Annual Appreciation
26.88%

Purchase Details

Closed on
Jul 2, 2014
Sold by
Morris Alice
Bought by
Grack Llc

Purchase Details

Closed on
Oct 9, 1997
Sold by
Va
Bought by
Morris Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
7.32%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salcedo Antonio $18,000 Stewart Title
Grack Llc $22,441 None Available
Morris Alice -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Alice $140,765
Previous Owner Morris Alice $138,846
Previous Owner Morris Alice $103,500
Previous Owner Morris Alice $75,528
Previous Owner Morris Alice $10,000
Previous Owner Morris Alice $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $18,000 -28.0% $12 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
11/03/2014 11/03/14 Price Changed $25,000 -16.4% $16 / Sq Ft
09/26/2014 09/26/14 Price Changed $29,900 -6.3% $19 / Sq Ft
09/18/2014 09/18/14 Price Changed $31,900 -8.6% $21 / Sq Ft
09/02/2014 09/02/14 For Sale $34,900 -- $23 / 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
2024 $3,946 $51,960 $11,799 $40,161
2023 $5,047 $42,643 $9,683 $32,960
2022 $5,047 $52,328 $8,877 $43,451
2021 $4,018 $39,186 $7,918 $31,268
2020 $4,071 $36,507 $7,377 $29,130
2019 $4,097 $33,453 $6,760 $26,693
2018 $996 $7,803 $5,353 $2,450
2017 $969 $6,904 $4,736 $2,168
2016 $916 $27,519 $4,598 $22,921
2015 $989 $24,629 $4,115 $20,514
2014 $2,042 $17,790 $2,607 $15,183
2012 $2,735 $19,275 $2,825 $16,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08716355

Midwest Real Estate Data (MRED)

APN: 08-32-224-009