NOT LISTED FOR SALE

Estimated Value: $234,000 - $277,000

5 Beds
2 Baths
2,180 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $238,000 $109 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,995/month

7 Days on Market

About This Home

As of August 2022

Great brick multi-unit investment property that has been well maintained. First unit is rehabbed with new windows and doors, kitchen cabinets with granite countertop. First level unit has 3 BR 1 BA w/ New flooring and excellent room sizes. The 2nd unit w/ its own access is currently occupied, nicely appointed 2 BR 1 BA with hardwood floors, a generous sized living room and open concept kitchen. So many options with this well-maintained multi-unit. Would be great for multi-generational living, investment portfolio, or live in one unit and rent the other. And comes with a buildable lot next to it which you need to check with city for more information. First level unit can be rented for $1500, SOLD AS IS WITH 100% TAX PRORATION. 2nd unit tenant would like to stay.

Last Listed By

Cameron Mortezaie

HomeSmart Connect LLC License #475168745 Listed on: 06/03/2022

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,151

Year Built

  • Built in 1901 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 100x123

Interior Spaces

  • Gallery
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • North Chicago Community High Sch

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Washburn Park Subdivision, 2 Unit Floorplan

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,151

Year Built

Built in 1901 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Washburn Park
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Gallery
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 234900
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Schools

  • High School: North Chicago Community High Sch
  • Middle/Junior School District: 187

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100X123
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4151
  • Tax Year: 2021
  • Tax Exemptions: None

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
Jun 3, 2022
Closed on
Aug 9, 2022
Sold by
Bina Llc
Bought by
Anderson Marsha J
Seller's Agent
Cameron Mortezaie
HomeSmart Connect LLC
Buyer's Agent
Kurt Breitlander
Baird & Warner
List Price
$234,900
Sold Price
$238,000
Premium/Discount to List
$3,100
1.32%
Total Days on Market
7
Current Estimated Value
$260,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,667
Avg. Annual Appreciation
2.35%
Original Mortgage
$233,689
Outstanding Balance
$224,988
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$29,012

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 1, 2014
Sold by
Biedron Henry and Biedron Christopher
Bought by
Bina Llc
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Melanie Croft
Vylla Home
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.32%

Purchase Details

Closed on
Jul 30, 2002
Sold by
Biedron Henry S and Biedron Margaret O
Bought by
Biedron Henry S and Biedron Margaret O

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
Anderson Marsha J $238,000 Chicago Title
Bina Llc $22,000 None Available
Biedron Henry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Marsha J $69,204
Open Anderson Marsha J $233,689
Closed Anderson Marsha J $233,689
Closed Anderson Marsha J $233,689
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $238,000 +1.3% $109 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $234,900 +967.7% $108 / Sq Ft
05/01/2014 05/01/14 Sold $22,000 -11.6% $10 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $24,900 -- $11 / 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 $6,426 $59,356 $11,940 $47,416
2023 $6,426 $55,291 $9,799 $45,492
2022 $6,589 $46,634 $10,496 $36,138
2021 $5,093 $36,245 $8,175 $28,070
2020 $4,122 $30,196 $7,602 $22,594
2019 $3,890 $27,670 $6,966 $20,704
2018 $2,968 $19,157 $6,086 $13,071
2017 $2,658 $15,274 $5,383 $9,891
2016 $3,261 $18,435 $6,497 $11,938
2015 $3,046 $16,500 $5,815 $10,685
2014 $3,951 $23,824 $4,301 $19,523
2012 $4,121 $25,811 $4,659 $21,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11423523

Midwest Real Estate Data (MRED)

APN: 08-32-421-036