NOT LISTED FOR SALE

1407 N 16th Ave Melrose Park, IL 60160

3 Beds
3 Baths
-- Sq Ft
1898 Built

Last Sold September 18, 2020

Last sale price $226,000

148 Days on Market

About This Home

As of September 2020

Great little 2 flat in the middle of town. Near restaurants and shopping. Basement can be duplexed with the first floor, but it may not be rented as an apartment. Being sold "as is". 1st floor has two bedrooms, a dining room, living room, and full kitchen. 2nd floor has one bedroom, a kitchen, and a large front room. The first floor controls heat throughout the building while cooking gas and electric bills are separate and belong to the units. The basement is fully finished with a full bath and four separate rooms.

Last Agent to Sell the Property

Donna Serpico

Berkshire Hathaway HomeServices Chicago License #475130127 Listed on: 02/05/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Ingrid Martinez

Wifi Real Estate Corp License #471021559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 1898 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 53x125
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Schools

  • Jane Addams Elementary School
  • Stevenson Elementary Middle School
  • Proviso East High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,909

Year Built

Built in 1898 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Stevenson Elementary School
  • Middle/Junior School District: 89
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 53X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Multi Family

  • GrossIncome: 17700
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6909.14
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $226,000 +0.4% --
07/02/2020 07/02/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $225,000 -10.0% --
03/04/2020 03/04/20 For Sale $250,000 +10.6% --
02/18/2020 02/18/20 Off Market $226,000 -- --
02/05/2020 02/05/20 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10628688

Midwest Real Estate Data (MRED)