NOT LISTED FOR SALE

1409 N 24th Ave Melrose Park, IL 60160

Estimated Value: $385,000

4 Beds
2 Baths
-- Sq Ft
0.76 Acres

Last Sold November 10, 2016

Last sale price $150,000

Est. 157% increase in value since last sale

Current estimated payment $2,162/month

89 Days on Market

Highlights

  • Two Heating Systems
  • Paved or Partially Paved Lot
  • Senior Tax Exemptions

About This Home

As of November 2016

2 unit building with long time tenants. Rents could be higher. Both units have two good size bedrooms and one bath. Large kitchens and living room areas. Six spaces available for off street parking. Adjacent lot included, plenty of room for kids to play, families to entertain. Property being sold AS-IS.

Last Agent to Sell the Property

Joan Lux

Charles Rutenberg Realty of IL License #475141573 Listed on: 06/25/2016

Charles Rutenberg Realty of IL

Last Buyer's Agent

Lourdes Ibarra

Hometown Real Estate

Hometown Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 50 x 125
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Block Foundation
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Melrose Park Elementary School
  • Stevenson Elementary Middle School
  • Proviso East High School

Utilities

  • Two Heating Systems
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 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: 4
  • Basement Description: Unfinished,Exterior Access,Bathroom Rough-In
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: MELROSE PARK 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: 50 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2194.46
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

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

Closed on
Apr 4, 2025
Sold by
Rivera Devin and Rivera Jennifer
Bought by
Rivera Luz Elena Guille
Current Estimated Value
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,572
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2023
Sold by
Solis Horacio
Bought by
Rivera Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
6.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 25, 2016
Closed on
Nov 9, 2016
Sold by
Renc Norma and Renc Joseph V
Bought by
Solis Horacio
Seller's Agent
Joan Lux
Charles Rutenberg Realty of IL
Buyer's Agent
Lourdes Ibarra
Hometown Real Estate
List Price
$209,000
Sold Price
$150,000
Premium/Discount to List
-$59,000
-28.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$147,283
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2016
Sold by
Renc Norma
Bought by
Renc Norma and Renc Joseph V
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
Rivera Luz Elena Guille $377,500 Citywide Title
Rivera Devin $310,000 Citywide Title
Solis Horacio $150,000 Greater Illinois Title
Renc Norma -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Luz Elena Guille $370,572
Previous Owner Rivera Devin $304,385
Previous Owner Solis Horacio $172,500
Previous Owner Solis Horacio $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $150,000 -11.7% --
09/22/2016 09/22/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $169,900 -5.1% --
08/02/2016 08/02/16 Price Changed $179,000 -4.3% --
07/26/2016 07/26/16 Price Changed $187,000 -6.0% --
07/04/2016 07/04/16 Price Changed $199,000 -4.8% --
06/25/2016 06/25/16 For Sale $209,000 -- --
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 $772 $2,970 $2,970 --
2023 $788 $2,970 $2,970 --
2022 $788 $2,558 $2,558 $0
2021 $800 $2,557 $2,557 $0
2020 $778 $2,557 $2,557 $0
2019 $749 $2,310 $2,310 $0
2018 $746 $2,310 $2,310 $0
2017 $729 $2,310 $2,310 $0
2016 $661 $2,062 $2,062 $0
2015 $651 $2,062 $2,062 $0
2014 $630 $2,062 $2,062 $0
2013 $579 $2,062 $2,062 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09269219

Midwest Real Estate Data (MRED)

APN: 15-03-301-006-0000