NOT LISTED FOR SALE

Estimated Value: $829,000 - $1,039,000

5 Beds
4 Baths
2,426 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $702,000 $289 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,983/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Sun or Florida Room
  • Property is near a park
  • Loft
  • 5-minute walk to Mellin Park

About This Home

As of July 2021

Edgewater/Andersonville 2-flat on quiet tree lined street. First unit features 2 bedrooms, one bathroom and a sunroom with lovely views of the landscaped backyard. Hardwood floors throughout. Two-story top unit includes 3-bedrooms and 2.1 bathrooms. The front living room boasts 19-foot ceilings, and the second story has 13-foot cathedral ceilings w skylights. A street-facing (will soon be a park-facing!) south-facing balcony off office area faces tree-lined Edgewater street. Large, open kitchen with plenty of counter space and cabinetry. The balcony off the kitchen is ideal for a grill and seating. Primary en-suite bedroom includes cozy fireplace area, high ceilings and private balcony overlooking luscious backyard. Second unit includes central heat and air, in-unit laundry and the 3rd bedroom loft/bonus office area w views of the new edgewater park. Unfinished basement provides great storage and additional washer/dryer for 1st floor unit. Lovingly maintained yard leads to a 1.5 car garage. Edgewater street is newly paved, and coming soon is Andersonville's very own park, directly across the street. New (2022) Metra station will provide easy access to downtown Chicago, Evanston/Northwestern, and the north shore. Close to Andersonville shops and restaurants, Clark Street, Lake Shore Drive, cta stops at bryn mawr & thorndale, and the lake shore.

Last Agent to Sell the Property

Kim Kerbis

@properties Christie's International Real Estate License #471005686 Listed on: 06/01/2021

@properties Christie's International Real Estate

Co-Listed By

Wren Dahlfors

@properties Christie's International Real Estate License #475194387

Last Buyer's Agent

Evan Smeenge

Compass License #471021714

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,382

Year Built

  • Built in 1918 | Remodeled in 1998

Lot Details

  • Lot Dimensions are 25 x 117
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • Great Room
  • Loft
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a park

Schools

  • Peirce Elementary School Intl St
  • Senn High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,807
  • Water Sewer Expense $900
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,382

Year Built

Built in 1918 | Remodeled in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1998
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1998

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Multiple Water Heaters
  • Room Type: Great Room, Loft, Sun Room
  • Basement Description: Unfinished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Laundry Hook-Up,Cathedral Ceilings,Skylights/Windows,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 674400
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park

Fee Information

  • Water Sewer Expenses: 900

Schools

  • Elementary School: Peirce Elementary School Intl St
  • High School: Senn High School
  • Middle/Junior School District: 299
  • Elementary School #2: Mccutcheon Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 117
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 3807
  • GrossIncome: 42000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 15381.86
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 12, 2021
Sold by
Horn Michael P and Horn Michael P
Bought by
Garland Christopher and Schoolmeesters Jake
Seller's Agent
Kim Kerbis
@properties Christie's International Real Estate
Buyer's Agent
Evan Smeenge
Compass
List Price
$674,400
Sold Price
$702,000
Premium/Discount to List
$27,600
4.09%
Current Estimated Value
$928,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,534
Avg. Annual Appreciation
6.79%
Original Mortgage
$694,423
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2017
Sold by
Horn Michael P
Bought by
Grant Horn Michael P and Michael P Horn Revocable Grantor Trust

Purchase Details

Closed on
Aug 13, 1999
Sold by
Emigh Maribeth
Bought by
Horn Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.78%

Purchase Details

Closed on
Aug 1, 1997
Sold by
Lang Richard J
Bought by
Emigh Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.71%

Purchase Details

Closed on
Jul 20, 1993
Sold by
Albany Bank & Trust Company Na
Bought by
Lang Richard J
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
Garland Christopher $702,000 Chicago Title
Garland Christopher $702,000 Chicago Title
Grant Horn Michael P -- None Available
Horn Michael P $392,000 American Title
Emigh Maribeth $226,666 --
Lang Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garland Christopher $694,423
Previous Owner Horn Michael P $250,000
Previous Owner Emigh Maribeth $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $702,000 +4.1% $289 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $674,400 -- $278 / 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 $12,659 $92,000 $29,104 $62,896
2023 $12,341 $60,000 $23,400 $36,600
2022 $12,341 $60,000 $23,400 $36,600
2021 $12,065 $60,000 $23,400 $36,600
2020 $15,350 $68,904 $13,455 $55,449
2019 $15,382 $76,560 $13,455 $63,105
2018 $15,123 $76,560 $13,455 $63,105
2017 $11,038 $51,274 $11,700 $39,574
2016 $10,270 $51,274 $11,700 $39,574
2015 $9,396 $51,274 $11,700 $39,574
2014 $7,887 $42,507 $8,775 $33,732
2013 $7,731 $42,507 $8,775 $33,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11106729

Midwest Real Estate Data (MRED)

APN: 14-06-408-026-0000