S
Seller's Agent in 2022
Serafin Herrera
Keller Williams ONEChicago
(773) 908-5185
4 in this area
58 Total Sales
1401 W 47th St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated Value: $318,000 - $368,000
6
Beds
5
Baths
2,784
Sq Ft
$126/Sq Ft
Est. Value
About This Home
As of March 2022Amazing opportunity to live in a great building and run your own business in this 2 residential unit with a storefront on bustling 47th street! Come and take look at this wonderful investment opportunity. A recently rehabbed 2 bedroom/1bath rear 1st floor unit with all new central heat/AC. Renovated storefront with central heat/AC half bath and access to large FULL unfinished basement with a 2nd half bath. Very specious second floor apartment with 4 bedrooms, separate living room, 2 full bathrooms, a family room, a separate Dinning room, a den, and an eat it kitchen. Second floor unit may be able to be two separate units giving you 4 total unit opportunity! Large cemented patio in rear with 2 car garage. Corner building so property includes a side private driveway. Must be sold AS IS. Amazing solid building! Email/text now before it is gone!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475151870 Listed on: 10/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,766
Year Built
- Built in 1890
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25x125
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 5 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Rough-In Basement Bathroom
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Mar 18, 2022
Sold by
Herrera Tony
Bought by
Merino Noe Gil
Seller's Agent
Serafin Herrera
Keller Williams ONEChicago
Buyer's Agent
David Fonseca
Real People Realty
Sold Price
$329,900
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
$21,228
Avg. Annual Appreciation
1.76%
Original Mortgage
$318,889
Outstanding Balance
$297,684
Interest Rate
4%
Estimated Equity
$53,444
Purchase Details
Listed on
Oct 20, 2021
Closed on
Feb 13, 2022
Sold by
Herrera Tony
Bought by
Merino Noe Gil
Seller's Agent
Serafin Herrera
Keller Williams ONEChicago
Buyer's Agent
David Fonseca
Real People Realty
Sold Price
$329,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,889
Outstanding Balance
$297,684
Interest Rate
4%
Estimated Equity
$53,444
Purchase Details
Listed on
Apr 5, 2019
Closed on
May 30, 2019
Sold by
Cadena Helen
Bought by
Herrera Tony
Seller's Agent
Carmen Bahena
RE/MAX LOYALTY
Buyer's Agent
Serafin Herrera
Keller Williams ONEChicago
List Price
$270,000
Sold Price
$270,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$265,109
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 11, 2005
Sold by
Cadena Helen
Bought by
Cadena Helen and Helen Cadena Revocable Trust
Purchase Details
Closed on
Mar 14, 2003
Sold by
Cadena Michael
Bought by
Cadena Helen
Purchase Details
Closed on
Jan 20, 2002
Sold by
Cardena Michael
Bought by
Cadena Helen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merino Noe Gil | $330,000 | -- | |
| Merino Noe Gil | $330,000 | -- | |
| Herrera Tony | $270,000 | Attorneys Ttl Guaranty Fund | |
| Cadena Helen | -- | Chicago Title Insurance Comp | |
| Cadena Helen | -- | -- | |
| Cadena Helen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merino Noe Gil | $318,889 | |
| Previous Owner | Herrera Tony | $265,109 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2022 03/14/22 | Sold | $329,900 | 0.0% | $118 / Sq Ft | |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- | |
| 01/07/2022 01/07/22 | For Sale | -- | -- | -- | |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- | |
| 10/20/2021 10/20/21 | For Sale | $329,900 | +22.2% | $118 / Sq Ft | |
| 05/31/2019 05/31/19 | Sold | $270,000 | 0.0% | $97 / Sq Ft | View Prior Sale |
| 04/13/2019 04/13/19 | Pending | -- | -- | -- | |
| 04/05/2019 04/05/19 | For Sale | $270,000 | -- | $97 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,970 | $29,000 | $1,728 | $27,272 |
| 2023 | $2,896 | $14,000 | $2,736 | $11,264 |
| 2022 | $2,896 | $14,000 | $2,736 | $11,264 |
| 2021 | $2,815 | $14,000 | $2,736 | $11,264 |
| 2020 | $1,684 | $7,512 | $2,736 | $4,776 |
| 2019 | $1,766 | $8,735 | $2,736 | $5,999 |
| 2018 | $1,737 | $8,735 | $2,736 | $5,999 |
| 2017 | $3,592 | $16,576 | $2,448 | $14,128 |
| 2016 | $3,342 | $16,576 | $2,448 | $14,128 |
| 2015 | $3,060 | $16,576 | $2,448 | $14,128 |
| 2014 | $2,435 | $13,022 | $2,304 | $10,718 |
| 2013 | $2,387 | $13,022 | $2,304 | $10,718 |
Source: Public Records
Agents Affiliated with this Home
-
Serafin Herrera
-
David Fonseca
Buyer's Agent in 2022
David Fonseca
Real People Realty
1 in this area
21 Total Sales
-
Carmen Bahena
Seller's Agent in 2019
Carmen Bahena
RE/MAX LOYALTY
1 in this area
56 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11251011
APN: 20-08-103-011-0000
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