NOT LISTED FOR SALE

1424 W Warner Ave Chicago, IL 60613

Graceland West Neighborhood

Estimated Value: $793,477 - $1,224,000

4 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $660,000

Est. 47% increase in value since last sale

Current estimated payment $6,044/month

21 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • 1-minute walk to Warner Garden Park
  • Ravenswood Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of May 2021

RARELY AVAILABLE 2 UNIT BRICK BUILDING, SITUATED ON A HIGHLY DESIRABLE (MAGNIFICENT!!!!) BLOCK OF WARNER AVE, (SOUTHPORT CORRIDOR-GRACELAND WEST). GREAT OPPORTUNITY TO DE-CONVERT TO A SINGLE FAMILY, INVESTOR OR CONTINUE AS AN OWNER OCCUPIED/ INCOME PROPERTY. FIRST FLOOR OWNERS UNIT DUPLEX TO THE BASEMENT CONSISTS OF A LIVING ROOM, DINING AREA, KITCHEN, FIRST FLOOR FAMILY ROOM, SUN ROOM, OFFICE, 2 BEDROOMS AND 1.5 BATHROOMS WITH AN OPEN FLOOR PLAN. SECOND FLOOR UNIT CONSISTS OF A LIVING ROOM, DINING AREA, KITCHEN, 1 BEDROOM & 1 DEN. FEATURES INCLUDE HARDWOOD FLOORS; FIRST FLOOR FAMILY ROOM & OFFICE; REAR DECK; BRICK 2 (+) CAR GARAGE; EXPOSED BRICK ON SECOND LEVEL; LAUNDRY IN BASEMENT. IMPECCABLY MAINTAINED, LONG TIME OWNER OCCUPIED FOR 30 + YEARS...

Last Agent to Sell the Property

Elissa Palermo

Berkshire Hathaway HomeServices Chicago License #475129823 Listed on: 03/18/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Lauren Sauer

@properties Christie's International Real Estate License #475166344

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 3,136

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Utilities

  • Radiator
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near bus stop

Community Details

  • Fuel Expense $2,112

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $15,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

3,136 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1910
  • Tax Exemptions: Homeowner
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Number Of Rooms: 12
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Rubber, Flat Roof

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators
  • Water Expense: 600

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 14173090340000

Rental Info

  • Gross Rental Income: 17400
  • Total Rental Income: 17400

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2
  • Half Bathsin Building: 1
  • Fuel Expense: 2112

Tax Info

  • Taxes: 11184.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 14, 2021
Sold by
Hung Manuela and Manuela Hung Trust
Bought by
Schoenhoft Robert and Amshoff Kelly
Seller's Agent
Elissa Palermo
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lauren Sauer
@properties Christie's International Real Estate
List Price
$719,500
Sold Price
$660,000
Premium/Discount to List
-$59,500
-8.27%
Current Estimated Value
$969,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,369
Avg. Annual Appreciation
8.25%
Original Mortgage
$528,000
Outstanding Balance
$475,595
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$493,774

Purchase Details

Closed on
Jan 27, 2011
Sold by
Hung Manuela
Bought by
The Manuela Hung Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schoenhoft Robert $660,000 Greater Illinois Title
The Manuela Hung Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoenhoft Robert $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $660,000 -8.3% --
04/08/2021 04/08/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $719,500 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $11,343 $98,862 $34,844 $64,018
2024 $11,343 $102,675 $34,844 $67,831
2023 $11,036 $57,078 $28,125 $28,953
2022 $11,036 $57,078 $28,125 $28,953
2021 $11,369 $59,866 $28,125 $31,741
2020 $11,158 $53,189 $18,125 $35,064
2019 $11,185 $59,099 $18,125 $40,974
2018 $12,655 $67,502 $18,125 $49,377
2017 $13,308 $65,197 $15,625 $49,572
2016 $12,558 $65,197 $15,625 $49,572
2015 $11,466 $65,197 $15,625 $49,572
2014 $9,283 $52,599 $12,500 $40,099
2013 $10,313 $59,332 $12,500 $46,832
Source: Public Records

Agents Affiliated with this Home

  • Elissa Palermo

    Seller's Agent in 2021

    Elissa Palermo

    Berkshire Hathaway HomeServices Chicago

    (773) 297-7995

    1 in this area

    50 Total Sales

    Elissa Palermo
    Section Image
  • Lauren Sauer

    Buyer's Agent in 2021

    Lauren Sauer

    @ Properties

    (847) 894-4675

    1 in this area

    66 Total Sales

    Lauren Sauer
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11025787

Midwest Real Estate Data (MRED)

APN: 14-17-309-034-0000

Illinois Cook County Chicago 60613 Graceland West

1424 W Warner Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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