Seller's Agent in 2021
John Bitting
@ Properties
(312) 287-6480
2 in this area
41 Total Sales
1422 W Taylor St Chicago, IL 60607
Little Italy NeighborhoodEstimated Value: $1,008,000 - $1,172,000
6
Beds
4.5
Baths
--
Sq Ft
2,614
Sq Ft Lot
Highlights
- Deck
- Balcony
- Multiple Water Heaters
- Property is near a park
- Patio
- 1-minute walk to Piazza Dimaggio
About This Home
As of April 2021Prime location on Taylor Street. Situated between UIC Hospital and the University. Two doors down from Starbucks and neighboring Piazza DiMaggio. This building consist of three units; One (1) long term commercial tenant operating as a Sushi restaurant and two (2) 3 bedroom 2 bath apartments. Very few vacancies with built-in renters from UIC. 2005 Rehab including back porches and stairs. Tenants pay all utilities. Value add opportunity with light rehab and addition of in-unit W/D. Commercial unit pays 33% of the tax bill.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471017054 Listed on: 07/17/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,915
Year Built
- Built in 1880 | Remodeled in 2005
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 24 x 125
- Paved or Partially Paved Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Balcony
- Deck
- Patio
Location
- Property is near a park
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
- Cable TV Available
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2020
Closed on
Apr 9, 2021
Sold by
West Taylor Chicago Llc
Bought by
Y & S Property Llc
Seller's Agent
John Bitting
@properties Christie's International Real Estate
Buyer's Agent
Simon Liang
Concentric Realty, Inc
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%
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
$121,797
Avg. Annual Appreciation
2.69%
Original Mortgage
$637,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 29, 2016
Closed on
Dec 8, 2016
Sold by
1422 W Taylor Street Llc
Bought by
West Taylor Chicago Llc
Seller's Agent
Scott Gettleman
Keller Williams North Shore West
Buyer's Agent
John Bitting
@properties Christie's International Real Estate
List Price
$899,900
Sold Price
$890,000
Premium/Discount to List
-$9,900
-1.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$667,500
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 12, 2005
Sold by
Harriet Bogdanowicz Leszek and Harriet Bodanowicz
Bought by
1422 W Taylor Street Llc
Purchase Details
Closed on
Apr 18, 2003
Sold by
Sabramowicz Teresa Z
Bought by
Bogdanowicz Leszek and Bogdanowicz Harriet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
5.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 6, 2002
Sold by
Nunziato Mary Terese
Bought by
Sabramowicz Teresa Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.38%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Y & S Property Llc | $980,000 | Proper Title Llc | |
| West Taylor Chicago Llc | $890,000 | Attorney | |
| 1422 W Taylor Street Llc | $790,000 | Chicago Title Insurance Comp | |
| Bogdanowicz Leszek | $475,000 | -- | |
| Bogdanowicz Leszek | $475,000 | -- | |
| Sabramowicz Teresa Z | $445,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Y & S Property Llc | $637,000 | |
| Previous Owner | West Taylor Chicago Llc | $667,500 | |
| Previous Owner | 1422 W Taylor Street Llc | $640,000 | |
| Previous Owner | Bogdanowicz Leszek | $530,000 | |
| Previous Owner | Bogdanowicz Leszek | $427,500 | |
| Previous Owner | Sabramowicz Teresa Z | $378,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2021 04/08/21 | Sold | $980,000 | -10.9% | -- |
| 12/31/2020 12/31/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | For Sale | $1,100,000 | +23.6% | -- |
| 12/08/2016 12/08/16 | Sold | $890,000 | -1.1% | -- |
| 09/03/2016 09/03/16 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $899,900 | -- | -- |
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 | $16,861 | $87,677 | $16,800 | $70,877 |
| 2023 | $19,573 | $79,640 | $13,500 | $66,140 |
| 2022 | $19,573 | $94,840 | $13,500 | $81,340 |
| 2021 | $23,000 | $114,000 | $13,500 | $100,500 |
| 2020 | $12,744 | $57,018 | $10,200 | $46,818 |
| 2019 | $12,915 | $64,066 | $10,200 | $53,866 |
| 2018 | $12,696 | $64,066 | $10,200 | $53,866 |
| 2017 | $15,006 | $69,468 | $9,000 | $60,468 |
| 2016 | $13,914 | $69,468 | $9,000 | $60,468 |
| 2015 | $12,730 | $69,468 | $9,000 | $60,468 |
| 2014 | $11,040 | $59,501 | $7,500 | $52,001 |
| 2013 | $10,822 | $59,501 | $7,500 | $52,001 |
Source: Public Records
Agents Affiliated with this Home
-
John Bitting
-
Simon Liang
Buyer's Agent in 2021
Simon Liang
Concentric Realty, Inc
(630) 216-9689
1 in this area
43 Total Sales
-
Scott Gettleman
Seller's Agent in 2016
Scott Gettleman
Keller Williams North Shore West
(773) 875-6792
96 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10786283
APN: 17-17-318-057-0000
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