NOT LISTED FOR SALE

1440 S 50th Ave Cicero, IL 60804

Estimated Value: $200,000 - $296,014

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

Last Sold August 13, 2014

Last sale price $64,000

Est. 277% increase in value since last sale

Current estimated payment $1,790/month

13 Days on Market

About This Home

As of August 2014

SPACIOUS MULTI-FAMILY HOME/TONS OF POTENTIAL/FIVE TOTAL BEDROOMS/THREE FULL BATHS/TWO CAR DETACHED GARAGE/SOLD AS IS / PROOF OF FUNDING MUST ACCOMPANY ALL OFFERS / PLEASE SUBMIT THE PURCHASE OFFER FORM LOCATED UNDER ADDITIONAL INFO WITH ALL OFFERS / PLEASE FAX ALL OFFERS TO THE OFFICE.SELLER WILL NOT RESPOND TO OFFERS UNTIL THE PROPERTY HAS BEEN ON THE MARKET 8-10 DAYS.***DISCOLORATION-ENTER AT OWN RISK***

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 06/13/2014

Last Buyer's Agent

Juan Del Real

Solutions Realty & Assoc LLC License #471003848

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

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: 1909
  • Age: 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: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 59400
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

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, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 99

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4361
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 23, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Mejia Pompa Arellano Francisco and Mejia Rivera Alejandra
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Juan Del Real
Solutions Realty & Assoc LLC
List Price
$59,400
Sold Price
$64,000
Premium/Discount to List
$4,600
7.74%
Current Estimated Value
$241,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,504
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
May 1, 2014
Sold by
Rios Maria Delmira
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 12, 2005
Sold by
Calendar Properties Llc
Bought by
Rios Maria Delmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2005
Sold by
Kolar Su Yun
Bought by
Calendar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2004
Sold by
Rath Mark T
Bought by
Kolar Su Yun and V & T Investments Corp

Purchase Details

Closed on
Jan 11, 1999
Sold by
Rath Joan L and Rath Mark T
Bought by
Rath Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 1995
Sold by
Rath Joanl
Bought by
Rath Joan L and Rath Mark T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mejia Pompa Arellano Francisco $64,000 Multiple
Deutsche Bank National Trust Company -- Fidelity National Title
Rios Maria Delmira $263,000 Cti
Calendar Properties Llc $131,000 Ticor Title Insurance Compan
Calendar Properties Llc -- Ticor Title Insurance Compan
Kolar Su Yun -- Ticor Title Insurance
Rath Mark T -- --
Rath Joan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Maria Delmira $210,400
Previous Owner Rios Maria Delmira $52,600
Previous Owner Calendar Properties Llc $164,800
Previous Owner Vega Antonio $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2014 08/13/14 Sold $64,000 +7.7% --
06/26/2014 06/26/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $59,400 -- --
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 $5,692 $20,141 $3,386 $16,755
2023 $3,941 $24,000 $3,386 $20,614
2022 $3,941 $12,444 $2,914 $9,530
2021 $4,803 $14,457 $2,913 $11,544
2020 $4,765 $14,457 $2,913 $11,544
2019 $4,093 $11,818 $2,677 $9,141
2018 $3,985 $11,818 $2,677 $9,141
2017 $3,863 $11,818 $2,677 $9,141
2016 $2,486 $7,677 $2,205 $5,472
2015 $3,640 $7,677 $2,205 $5,472
2014 $4,448 $12,302 $2,205 $10,097
2013 $4,520 $13,567 $2,205 $11,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08644343

Midwest Real Estate Data (MRED)

APN: 16-21-218-043-0000