NOT LISTED FOR SALE

Estimated Value: $852,201 - $1,759,000

7 Beds
3 Baths
2,124 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $680,000 $320 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,584/month

96 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Paved or Partially Paved Lot
  • Augustus H. Burley Elementary School Rated A-
  • 2 Car Detached Garage

About This Home

As of February 2021

Great opportunity to own a 3 unit building in the heart of Southport Corridor! Well maintained by the same owner and steadily leased during its ownership without vacancy. Original wood work, hardwood floors throughout and built-in hutches in Unit 1 and 2 which are both 3 bed 1 bath units. Unit 3 was a recent addition offering 1 bed 1 bath. Each unit has a private deck overlooking a beautiful yard that leads to the 2 car garage. Full unfinished basement currently used for storage and common laundry with endless possibilities. Huge potential to rehab and greatly increase rents or convert to SFH. Unbeatable location within Burley school district, walking distance to CTA, Southport restaurants and nightlife.

Last Agent to Sell the Property

Maureen Chwarzynski

Baird & Warner License #475173472 Listed on: 09/02/2020

Baird & Warner

Last Buyer's Agent

Stephany Oliveros

Real Broker LLC License #471005028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,021

Year Built

  • Built in 1896 | Remodeled in 1997

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Burley Elementary School
  • Lake View High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Property is near a park

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,021

Year Built

Built in 1896 | Remodeled in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1997
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1997

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 699000
  • OtherStructures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Burley Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Burley Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 14021.49
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Feb 5, 2021
Sold by
Lopez Henry
Bought by
Pinili Radda and Pinili Conrad
Seller's Agent
Maureen Chwarzynski
Baird & Warner
Buyer's Agent
Stephany Oliveros
Real Broker LLC
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
Current Estimated Value
$1,137,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,050
Avg. Annual Appreciation
11.37%
Original Mortgage
$544,000
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1996
Sold by
Finkler Dolores O
Bought by
Lopez Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,700
Interest Rate
7.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1996
Sold by
Finkler Dolores and Klasen Marie Gladys
Bought by
Finkler Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,700
Interest Rate
7.44%
Mortgage Type
Commercial
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
Pinili Radda $680,000 Citywide Title Corporation
Lopez Henry $255,500 --
Finkler Dolores -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinili Radda $544,000
Previous Owner Lopez Henry $370,000
Previous Owner Lopez Henry G $565,000
Previous Owner Lopez Henry $335,400
Previous Owner Lopez Henry $300,000
Previous Owner Lopez Henry G $40,000
Previous Owner Lopez Henry $242,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $680,000 -2.7% $320 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/04/2020 11/04/20 Price Changed $699,000 -6.7% $329 / Sq Ft
09/02/2020 09/02/20 For Sale $749,000 -- $353 / Sq Ft
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 $16,813 $125,000 $58,125 $66,875
2023 $16,368 $83,000 $46,875 $36,125
2022 $16,368 $83,000 $46,875 $36,125
2021 $13,058 $64,937 $46,875 $18,062
2020 $13,992 $62,810 $18,750 $44,060
2019 $14,021 $69,789 $18,750 $51,039
2018 $13,786 $69,789 $18,750 $51,039
2017 $12,096 $56,189 $16,875 $39,314
2016 $11,254 $56,189 $16,875 $39,314
2015 $9,816 $56,189 $16,875 $39,314
2014 $8,798 $49,986 $13,750 $36,236
2013 $8,613 $49,986 $13,750 $36,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10846001

Midwest Real Estate Data (MRED)

APN: 14-29-101-024-0000