NOT LISTED FOR SALE

1540 S Spaulding Ave Chicago, IL 60623

North Lawndale Neighborhood
5 Beds
2 Baths
-- Sq Ft
1895 Built

Sale Details

Date Sold: November 21, 2016

Last sale price $57,500

18 Days on Market

Highlights

  • Greystone Architecture
  • 2 Car Detached Garage
  • Brick or Stone Mason
  • Fenced Yard
  • Enclosed Patio or Porch
  • 2-minute walk to Christiana Park

About This Home

As of November 2016

CLASSIC BRICK 2 FLAT, SOLD AS-IS AND READY FOR A NEW FAMILY. THIS HOME IS BEING SOLD AS-IS BUT IS NOT BANK OWNED AND NOT A SHORT SALE. LOCALLY OWNED AND MOTIVATED TO SELL. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY 2015 AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS, SUCH AS 2016. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 10/03/2016

Last Buyer's Agent

Relu Ciobanu

Kale Realty License #471009398

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Greystone Architecture
  • Brick or Stone Mason
  • Brick Foundation
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Lot Details

  • Lot Dimensions are 25x124.85
  • Fenced Yard

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Enclosed Patio or Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X124.85
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3404
  • Tax Year: 2015
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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

Closed on
Apr 9, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,044
Interest Rate
0.0362%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,980
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 11, 2016
Sold by
Bought by
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
Relu Ciobanu
Kale Realty
List Price
$69,500
Sold Price
$57,500
Premium/Discount to List
-$12,000
-17.27%

Purchase Details

Closed on
May 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
0.0627%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Orange Coast Lender Services
$145,000 Chicago Title
$57,500 First American Title
-- None Available
$258,000 Stewart Title Of Illinois
-- Chicago Title Insurance Co
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
Open $250,000
Closed $198,412
Closed $133,044
Closed $141,980
Previous Owner $51,600
Previous Owner $206,400
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
11/21/2016 11/21/16 Sold $57,500 -3.4% --
10/21/2016 10/21/16 Pending -- -- --
10/13/2016 10/13/16 Price Changed $59,500 -14.4% --
10/03/2016 10/03/16 For Sale $69,500 -- --
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 $1,415 $24,000 $4,531 $19,469
2024 $1,415 $24,000 $4,531 $19,469
2023 $1,358 $10,000 $3,672 $6,328
2022 $1,358 $10,000 $3,672 $6,328
2021 $1,345 $9,999 $3,671 $6,328
2020 $2,201 $12,950 $3,671 $9,279
2019 $2,310 $14,886 $3,671 $11,215
2018 $2,269 $14,886 $3,671 $11,215
2017 $4,580 $21,204 $3,281 $17,923
2016 $3,747 $21,204 $3,281 $17,923
2015 $3,405 $21,204 $3,281 $17,923
2014 $3,176 $19,689 $3,125 $16,564
2013 $3,103 $19,689 $3,125 $16,564
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gray

    Seller's Agent in 2016

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    1 in this area

    291 Total Sales

    Timothy Gray
    Section Image

  • R

    Buyer's Agent in 2016

    Relu Ciobanu

    Kale Realty

    (773) 517-0306

    14 Total Sales

    Relu Ciobanu
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09357750

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60623 North Lawndale

1540 S Spaulding Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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