NOT LISTED FOR SALE

1548 N 20th Ave Melrose Park, IL 60160

Estimated Value: $316,000 - $357,887

3 Beds
3 Baths
1,657 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $220,000 $133 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,302/month

5 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Patio
  • English Architecture
  • 2 Car Detached Garage

About This Home

As of October 2020

Solid brick property with vintage charm in need of work. Great location! Corner lot with 2 car garage and fenced yard. Deck off kitchen. Furnace and A/C are approximately 7 years old. Taxes do not reflect any exemptions. PROPERTY TO BE SOLD AS-IS. List of Village requirements in drop down. Use showing assist. On Sentrilock. 2nd floor is tenant occupied on a month to month lease.

Last Agent to Sell the Property

Rosa Pitassi

Compass License #475133054 Listed on: 09/16/2020

Compass

Last Buyer's Agent

Rich Dalitto

Fulton Grace Realty License #475160541

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,121

Lot Details

  • 5,619

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Jane Addams Elementary School
  • Stevenson Elementary Middle School
  • Proviso East High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,836
  • Fuel Expense $1,500
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,121

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 219900
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • 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: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 750
  • Trash Expense Year: 0

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Stevenson Elementary School
  • Middle/Junior School District: 89

Lot Info

  • Lot Dimensions: 5607
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 1500
  • ElectricExpense: 1836
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5120.93
  • Tax Year: 2019
  • Tax Exemptions: None

MLS Schools

  • Other Public Sch Dist: 209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Tropea Giuseppe and Tropea Melanie
Bought by
Gmlat Trust and Tropea
Current Estimated Value
$330,222

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 23, 2020
Sold by
Naples Caroline A and Naples Leda M
Bought by
Tropea Giuseppe and Tropea Melanie
Seller's Agent
Rosa Pitassi
Compass
Buyer's Agent
Rich Dalitto
Fulton Grace Realty
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$176,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Naples Adeline L
Bought by
Naples Joseph D and Trust #2
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
Gmlat Trust -- None Listed On Document
Tropea Giuseppe $220,000 First American Title
Naples Joseph D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tropea Giuseppe $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $220,000 0.0% $133 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $219,900 -- $133 / 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 $6,838 $26,315 $5,187 $21,128
2023 $6,315 $26,315 $5,187 $21,128
2022 $6,315 $20,493 $4,486 $16,007
2021 $6,412 $20,492 $4,485 $16,007
2020 $6,233 $20,492 $4,485 $16,007
2019 $5,121 $15,797 $4,065 $11,732
2018 $3,993 $15,797 $4,065 $11,732
2017 $3,922 $15,797 $4,065 $11,732
2016 $3,084 $12,119 $3,644 $8,475
2015 $2,996 $12,119 $3,644 $8,475
2014 $4,341 $16,767 $3,644 $13,123
2013 $4,331 $18,060 $3,644 $14,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10859419

Midwest Real Estate Data (MRED)

APN: 15-03-128-019-0000