NOT LISTED FOR SALE

Estimated Value: $968,026 - $1,136,000

9 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $695,000

Est. 53% increase in value since last sale

Current estimated payment $6,861/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • 4-minute walk to Park No. 399
  • Intercom
  • Satellite Dish

About This Home

As of May 2016

Turnkey Wicker Park brick 3 flat with fully occupied units. 1st floor duplex down w/ 3bd/2bth, 2 simplexes w/ 3bd/1bth. Highly improved building features many new windows, paver patio, side walkway, intercom system, roof (building and garage), and much more. Each unit boasts tenant paid forced air heating and cooling, in-unit W/D, hardwood floors, and original vintage details. Detached brick 2 car garage. Great investment on 25x125 lot. Close to loads of bars, restaurants, services.

Last Agent to Sell the Property

Lisa Peck

Compass License #475124513 Listed on: 04/06/2016

Compass

Co-Listed By

Steven Schnur

CL3 Property Management License #475158885

Last Buyer's Agent

Gary Lucido

Lucid Realty, Inc. License #471004524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,177

Lot Details

  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Satellite Dish
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $64,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,177

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Other Equipment: TV-Cable, TV-Dish, Intercom, Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • List Price: 725000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 64680
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9176.85
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 27, 2016
Sold by
Schnur Steven
Bought by
Du Yu and Lin Hui
Seller's Agent
Lisa Peck
Compass
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Current Estimated Value
$1,064,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,009
Avg. Annual Appreciation
4.63%
Original Mortgage
$486,500
Outstanding Balance
$393,990
Interest Rate
4.12%
Mortgage Type
Commercial
Estimated Equity
$670,019

Purchase Details

Closed on
Feb 18, 2011
Sold by
Litvinov David
Bought by
Schnur Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2010
Sold by
Carreno Maria G
Bought by
Litvinov David

Purchase Details

Closed on
Sep 22, 2006
Sold by
Valancius James Paul and Valancius James
Bought by
Carreno Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2003
Sold by
1543 N Western Corp
Bought by
Valancius James Paul and Valancius James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2000
Sold by
Valancius James Paul
Bought by
1543 N Western Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2000
Sold by
Wallace Martin and Valancius James
Bought by
Valancius James Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1999
Sold by
Sanchez Reinaldo and Sanchez Francisca
Bought by
Wallace Martin and Valancius James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.43%
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
Du Yu $695,000 Proper Title
Schnur Steven $445,000 Fidelity Natl Title Ins Co
Litvinov David $259,500 None Available
Carreno Maria G $595,000 Multiple
Valancius James Paul -- Chicago Title Insurance Co
1543 N Western Corp -- Chicago Title Insurance Co
Valancius James Paul -- --
Wallace Martin $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Yu $486,500
Previous Owner Schnur Steven $333,750
Previous Owner Carreno Maria G $476,000
Previous Owner Valancius James Paul $325,000
Previous Owner Valancius James Paul $323,000
Previous Owner Wallace Martin $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $695,000 -4.1% --
04/16/2016 04/16/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $725,000 -- --
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 $14,575 $89,794 $25,790 $64,004
2023 $14,169 $67,000 $20,736 $46,264
2022 $14,169 $67,000 $20,736 $46,264
2021 $13,849 $67,000 $20,736 $46,264
2020 $12,065 $52,532 $11,793 $40,739
2019 $12,646 $61,048 $11,793 $49,255
2018 $12,439 $61,048 $11,793 $49,255
2017 $13,804 $62,056 $10,368 $51,688
2016 $12,894 $62,056 $10,368 $51,688
2015 $13,807 $72,487 $10,368 $62,119
2014 $9,177 $47,500 $9,072 $38,428
2013 $9,023 $47,500 $9,072 $38,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09186542

Midwest Real Estate Data (MRED)

APN: 17-06-100-009-0000