NOT LISTED FOR SALE
5 Beds
2 Baths
-- Sq Ft
1916 Built

Sale Details

Date Sold: November 25, 2020

Last sale price $295,000

3 Days on Market

Highlights

  • Brownstone
  • 2-minute walk to Stony Island Station
  • 2 Car Detached Garage
  • Deck
  • Sun or Florida Room
  • Porch

About This Home

As of November 2020

Move-in ready, 2011 gut rehabbed brick 2-flat with large units and full, unfinished basement, fenced yard and 2-car garage. Large 3 and 2 bedroom units. Great natural light. Beautiful eat-in kitchens with 42" maples cabinets and stainless steel appliances. Washer/dryer hookups. Tenant pays own utilities. Furnace in each unit. Newer plumbing, electric, heating. Newer kitchens and baths. Replacement windows. Newer roof and rear deck/porch (2011). Newly painted. MTM leases. Perfect for owner occupant or investor. Quiet block. Short walk to Starbucks, shopping and Metra to downtown. Walk to Jackson Park/future Obama Library site. Owner is a licensed realtor in IL.

Last Agent to Sell the Property

Steven Katz

@properties Christie's International Real Estate License #475118836 Listed on: 09/25/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Travis Smith

Compass License #475174133

Compass
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1916 | Remodeled in 2011

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brownstone
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,700
  • Maintenance Expense $1,000
  • Professional Management Expense $600
  • Trash Expense $192
  • Water Sewer Expense $600
  • Gross Income $28,896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,433

Year Built

Built in 1916 | Remodeled in 2011

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Professional Management Expense: 600
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

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: Public

Fee Information

  • Trash Expense: 192
  • Water Sewer Expenses: 600
  • Other Expenses $: 1000

Lot Info

  • Lot Dimensions: 3625
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1700
  • ElectricExpense: 300
  • GrossIncome: 28896
  • Maintenance Expense: 1000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3433
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 24, 2020
Sold by
Gileo Llc
Bought by
Seller's Agent
Steven Katz
@properties Christie's International Real Estate
Buyer's Agent
Travis Smith
Compass
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Gileo Llc 1525 71St Series

Purchase Details

Closed on
Feb 20, 2011
Sold by
Gileo Llc 71St Series
Bought by
Chicago Title Land Trust Company and Trust #8002356296

Purchase Details

Closed on
Sep 30, 2010
Sold by
Drapatsky Alexander
Bought by
Gileo Llc 71St Series

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Astor Property Management Corporation and 71St Place #1525 Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2010
Sold by
Biru Solomon
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 2, 2006
Sold by
Maidoh Augustine
Bought by
Biru Solomon

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hightower Brian and Baird Maybell
Bought by
Maidoh Augustine

Purchase Details

Closed on
Jan 30, 2003
Sold by
Hart Robert and Hart Christine
Bought by
Hightower Brian and Baird Maybell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9.99%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 Chicago Title
Gileo Llc 1525 71St Series -- Chicago Title
Chicago Title Land Trust Company -- None Available
Gileo Llc 71St Series -- Cti
Astor Property Management Corporation $35,000 Premier Title
Deutsche Bank National Trust Company -- Premier Title Company
Biru Solomon $285,000 First American Title Ins Co
Maidoh Augustine $221,000 Ticor
Hightower Brian $145,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $289,656
Previous Owner Gileo Llc 71St Series $85,000
Previous Owner Hightower Brian $116,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $295,000 -1.6% --
09/28/2020 09/28/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,752 $18,701 $3,263 $15,438
2024 $2,752 $18,701 $3,263 $15,438
2023 $2,674 $13,000 $4,531 $8,469
2022 $2,674 $13,000 $4,531 $8,469
2021 $2,614 $12,999 $4,531 $8,468
2020 $3,387 $15,205 $3,987 $11,218
2019 $3,433 $17,085 $3,987 $13,098
2018 $3,375 $17,085 $3,987 $13,098
2017 $4,266 $19,816 $3,625 $16,191
2016 $3,969 $19,816 $3,625 $16,191
2015 $3,631 $19,816 $3,625 $16,191
2014 $3,101 $16,711 $2,900 $13,811
2013 $3,039 $16,711 $2,900 $13,811
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10882305

Midwest Real Estate Data (MRED)
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