NOT LISTED FOR SALE

Estimated Value: $580,000 - $618,000

4 Beds
4 Baths
-- Sq Ft
2,919 Sq Ft Lot

Last Sold July 05, 2024

Last sale price $575,000

Est. 4% increase in value since last sale

Current estimated payment $4,460/month

160 Days on Market

Highlights

  • Deck
  • 3-minute walk to Division Station
  • Paved or Partially Paved Lot
  • 2.5 Car Detached Garage
  • Garage ceiling height seven feet or more

About This Home

As of July 2024

Investment opportunity. Historical legal 3 flat with B2-3 zoning. New roof and gutters, ready for rehab. Unique space with plenty of potential. Most demo is already done. 2400 sqft with additional 1200 sqft garden unit (3 units total). Detached 2.5 car garage with rooftop deck. Open to build to suit as a potential lease option. Must see

Last Agent to Sell the Property

Nate Iden

Coldwell Banker Realty License #475180099 Listed on: 08/29/2023

Coldwell Banker Realty

Last Buyer's Agent

Heriberto Ruiz

R4 Commercial Real Estate Solutions License #471008582

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,622

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 24x120
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,622

Year Built

Built in 1931

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: 1931
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 624500
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8622.14
  • Tax Year: 2021

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jul 3, 2024
Sold by
1325 Ashland Llc
Bought by
Zayden Inv Llc
Seller's Agent
Nate Iden
Coldwell Banker Realty
Buyer's Agent
Heriberto Ruiz
R4 Commercial Real Estate Solutions
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%
Views
99
Current Estimated Value
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Avg. Annual Appreciation
2.92%
Original Mortgage
$310,752
Interest Rate
6.94%

Purchase Details

Closed on
Sep 7, 2018
Sold by
Lopez Andres
Bought by
1325 Ashland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 1998
Sold by
Gawrych Len G and Gawrych Gloria
Bought by
State Bank Of Countryside and Trust #98-1938
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
Zayden Inv Llc $575,000 Chicago Title
1325 Ashland Llc $595,000 Chicago Title
State Bank Of Countryside -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zayden Inv Llc $310,752
Closed Zayden Inv Llc $388,440
Previous Owner 1325 Ashland Llc --
Previous Owner 1325 Ashland Llc $626,000
Previous Owner Lopez Andres $20,000
Previous Owner Lopez Andres $256,691
Previous Owner Lopez Andres $216,415
Previous Owner Lopez Andres $17,000
Previous Owner Lopez Adres $17,282
Previous Owner Lopez Andres $195,412
Previous Owner Lopez Andres $24,727
Previous Owner Lopez Andres $8,967
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $575,000 -7.9% --
02/06/2024 02/06/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $624,500 -3.8% --
10/12/2023 10/12/23 Price Changed $649,500 -5.0% --
09/12/2023 09/12/23 Price Changed $684,000 -2.1% --
08/29/2023 08/29/23 For Sale $699,000 -- --
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 $14,357 $64,000 $21,635 $42,365
2023 $13,957 $66,000 $17,424 $48,576
2022 $13,957 $66,000 $17,424 $48,576
2021 $8,622 $41,712 $17,424 $24,288
2020 $3,407 $14,834 $9,873 $4,961
2019 $3,303 $15,943 $9,873 $6,070
2018 $10,298 $52,976 $9,873 $43,103
2017 $10,180 $49,139 $8,712 $40,427
2016 $9,691 $49,139 $8,712 $40,427
2015 $8,860 $49,139 $8,712 $40,427
2014 $8,609 $47,130 $7,260 $39,870
2013 $6,508 $47,130 $7,260 $39,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11859142

Midwest Real Estate Data (MRED)

APN: 17-05-115-012-0000