NOT LISTED FOR SALE

1550 N 40th Ave Stone Park, IL 60165

Estimated Value: $208,000 - $259,135

5 Beds
2 Baths
1,152 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $80,000 $69 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,550/month

About This Home

As of December 2015

This home is located at 1550 N 40th Ave, Stone Park, IL 60165 since 18 December 2015 and is currently estimated at $235,034, approximately $204 per square foot. This property was built in 1967. 1550 N 40th Ave is a home located in Cook County with nearby schools including Grant Elementary School, Grant Primary, and Roosevelt Middle School.

Last Agent to Sell the Property

Kathy Vasquez

Homes Realty 1 License #475141594 Listed on: 12/18/2015

Last Buyer's Agent

Noe Fragoso

Noe Fragoso Properties License #471021560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 3,746

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 29x122

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

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: 1967
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • List Price: 94900
  • 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, Baseboard
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 88

Lot Info

  • Lot Dimensions: 29X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4800
  • Tax Year: 2014

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Dec 23, 2015
Sold by
Highland Hustle Llc
Bought by
Carreon Gregory
Seller's Agent
Kathy Vasquez
Homes Realty 1
Buyer's Agent
Noe Fragoso
Noe Fragoso Properties
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Total Days on Market
0
Current Estimated Value
$235,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,034
Avg. Annual Appreciation
11.77%

Purchase Details

Listed on
Dec 18, 2015
Closed on
Nov 25, 2015
Sold by
Castro Jose A
Bought by
Highland Hustle Llc
Seller's Agent
Kathy Vasquez
Homes Realty 1
Buyer's Agent
Noe Fragoso
Noe Fragoso Properties
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Vela Alicia R and Vela Marquez Lino
Bought by
Castro Jose A and Castro Brandi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,830
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Similar Home in Stone Park, IL

  • 1700 N 40th Ave, Stone Park, IL 60165

    $175,000

    • 4 Beds
    • 2 Baths
    • 1700 N 40th Ave
    • Stone Park, IL

    Opportunity knocks - investor special! Home is a tear-down, so bring your ideas! There are two PINS and functions as a massive double (corner) lot! 7-minute drive to the Bellwood Metra station and less than 10 minutes to I-88, I-290, and I-294! This is an AS IS deal.

    Leigh Marcus @properties Christie's International Real Estate

    Section Image

Range of Values:

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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
Carreon Gregory $80,000 Chicago Title Insurance Co
Highland Hustle Llc $59,500 Attorney
Castro Jose A $155,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreon Gregory $132,000
Closed Carreon Gregory $80,000
Previous Owner Castro Jose A $159,150
Previous Owner Castro Jose A $167,150
Previous Owner Castro Jose A $162,458
Previous Owner Castro Jose A $157,390
Previous Owner Castro Jose A $153,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $80,000 -15.7% $69 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/18/2015 12/18/15 For Sale $94,900 -- $82 / 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 $7,110 $16,715 $3,375 $13,340
2023 $7,110 $16,715 $3,375 $13,340
2022 $7,110 $14,438 $2,906 $11,532
2021 $7,036 $14,438 $2,906 $11,532
2020 $7,928 $16,783 $2,906 $13,877
2019 $5,271 $13,701 $2,625 $11,076
2018 $5,251 $13,701 $2,625 $11,076
2017 $5,136 $13,701 $2,625 $11,076
2016 $5,151 $12,445 $2,343 $10,102
2015 $4,915 $12,445 $2,343 $10,102
2014 $4,801 $12,445 $2,343 $10,102
2013 $5,059 $14,447 $2,343 $12,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09103883

Midwest Real Estate Data (MRED)

APN: 15-04-300-031-0000