Seller's Agent in 2023
Rich Dalitto
Fulton Grace Realty
(708) 790-0953
12 in this area
29 Total Sales
1403 N 18th Ave Melrose Park, IL 60160
Estimated Value: $379,000 - $511,000
5
Beds
3
Baths
1,025
Sq Ft
$444/Sq Ft
Est. Value
About This Home
As of November 2023This rare 2-unit property features two houses on a single corner lot! Live in one unit, rent out the other! The main house features 4 bedrooms and 2 baths, recently remodeled eat-in kitchen, second floor family room, and basement with exterior access. The coach house, features 1 spacious bedroom, 1 bathroom, and a second remodeled kitchen - has been thoroughly updated, including new HVAC, electrical, and plumbing systems. It's perfect for accommodating extended family members, hosting guests, or serving as a lucrative rental unit. The property is legally zoned as a 2 unit. Additional features of this property include a semi-finished basement with exterior access, allowing you to create a space tailored to your needs - bring your ideas to create a family room, home gym, home office, or use as an additional bonus bedroom. 2 washing machines and 2 dryers come included with the purchase. Conveniently situated in a tranquil neighborhood, this home enjoys easy access to public transportation.
Last Agent to Sell the Property
Fulton Grace Realty License #475160541 Listed on: 08/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,120
Year Built
- Built in 1924 | Remodeled in 2019
Lot Details
- 6,621
Home Design
- Coach House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Driveway
- Uncovered Parking
- Off Alley Parking
- Parking Space is Owned
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Corner Lot
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Nov 17, 2023
Sold by
Dc Real Estate Group Llc
Bought by
Boonma Burton B
Seller's Agent
Rich Dalitto
Fulton Grace Realty
Buyer's Agent
Rich Dalitto
Fulton Grace Realty
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Views
11
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
$30,135
Avg. Annual Appreciation
3.63%
Original Mortgage
$425,000
Outstanding Balance
$421,718
Interest Rate
7.5%
Mortgage Type
VA
Estimated Equity
$33,417
Purchase Details
Closed on
Apr 13, 2020
Sold by
Dc Real Estate Group Llc
Bought by
Dc Real Estate Group Llc 1403 N 18Th
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5%
Mortgage Type
Commercial
Purchase Details
Listed on
May 1, 2019
Closed on
Sep 11, 2019
Sold by
U S Bank National Association
Bought by
Dc Real Estate Group Llc
Seller's Agent
Anthony Hall
GenStone Realty
Buyer's Agent
Michael Messenger
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$192,900
Sold Price
$145,000
Premium/Discount to List
-$47,900
-24.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.59%
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
May 30, 2018
Sold by
Svita Albert J
Bought by
U S Bank Na and Prof 2013 M4 Legal Title Trust
Purchase Details
Closed on
Jun 10, 1997
Sold by
Lorenzo Sebastian A
Bought by
Svita Samuel L and Svita Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,100
Interest Rate
8%
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 |
|---|---|---|---|
| Boonma Burton B | $425,000 | None Listed On Document | |
| Dc Real Estate Group Llc 1403 N 18Th | -- | Stewart Title | |
| Dc Real Estate Group Llc | $145,000 | Stewart Title | |
| U S Bank Na | -- | Attorney | |
| Svita Samuel L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boonma Burton B | $425,000 | |
| Previous Owner | Dc Real Estate Group Llc 1403 N 18Th | $165,000 | |
| Previous Owner | Dc Real Estate Group Llc | $100,000 | |
| Previous Owner | Svita Samuel L | $88,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $425,000 | -2.3% | $415 / Sq Ft | |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- | |
| 08/15/2023 08/15/23 | For Sale | $435,000 | +200.0% | $424 / Sq Ft | |
| 09/13/2019 09/13/19 | Sold | $145,000 | -14.7% | $88 / Sq Ft | View Prior Sale |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- | |
| 07/07/2019 07/07/19 | Price Changed | $169,900 | -5.6% | $103 / Sq Ft | |
| 06/07/2019 06/07/19 | Price Changed | $179,900 | -6.7% | $109 / Sq Ft | |
| 06/05/2019 06/05/19 | For Sale | $192,900 | +33.0% | $117 / Sq Ft | |
| 05/01/2019 05/01/19 | Off Market | $145,000 | -- | -- | |
| 05/01/2019 05/01/19 | For Sale | $192,900 | -- | $117 / 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 | $10,654 | $41,000 | $5,940 | $35,060 |
| 2023 | $7,997 | $41,000 | $5,940 | $35,060 |
| 2022 | $7,997 | $25,953 | $5,115 | $20,838 |
| 2021 | $8,120 | $25,951 | $5,115 | $20,836 |
| 2020 | $7,893 | $25,951 | $5,115 | $20,836 |
| 2019 | $8,089 | $24,954 | $4,620 | $20,334 |
| 2018 | $8,060 | $24,954 | $4,620 | $20,334 |
| 2017 | $7,879 | $24,954 | $4,620 | $20,334 |
| 2016 | $6,986 | $21,796 | $4,125 | $17,671 |
| 2015 | $6,878 | $21,796 | $4,125 | $17,671 |
| 2014 | $6,664 | $21,796 | $4,125 | $17,671 |
| 2013 | $3,597 | $23,640 | $4,125 | $19,515 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Dalitto
-
Anthony Hall
A
Seller's Agent in 2019
Anthony Hall
GenStone Realty
(773) 256-9556
12 Total Sales
-
Tammy Hall
Seller Co-Listing Agent in 2019
Tammy Hall
GenStone Realty
(312) 471-2739
33 Total Sales
-
Michael Messenger
Buyer's Agent in 2019
Michael Messenger
Berkshire Hathaway HomeServices Starck Real Estate
(847) 736-7242
26 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11884962
APN: 15-03-307-007-0000
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