NOT LISTED FOR SALE

Estimated Value: $787,000 - $1,310,338

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

Last Sold January 02, 2019

Last sale price $950,000

Est. 10% increase in value since last sale

Current estimated payment $6,587/month

21 Days on Market

Highlights

  • Central Air
  • 1-minute walk to 18Th Street Station
  • 2-minute walk to Harrison Park

About This Home

As of January 2019

Beautiful brick 5 unit mixed use building located on highly sought after 18th Street in the Hot Pilsen neighborhood. Property features a full basement, newer windows and tuck-pointing and a strong retail tenant with a lease through 2023. The building is separately metered and has 800 Amp Electric Service, Individual HVAC and enclosed porches. Located just a few steps to the 18th Street CTA Pink Line and numerous restaurants, coffee shops, retail and even Costco! Great opportunity to own a nice brick building on 18th Street!

Last Agent to Sell the Property

Angelo Labriola

Sperry Van Ness License #475130926 Listed on: 10/29/2018

Sperry Van Ness

Last Buyer's Agent

Elias Masud

Compass License #475163294

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,046

Year Built

  • 1883

Lot Details

  • 2,614

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric, heat, varies by tenant
  • $15,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,046

Year Built

1883

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: RTAIL
  • Estimated Age: Older
  • Net Oper Income: 72215
  • Total Annual Exp: 18804
  • Number Of Stories: 3
  • Estimated Year Built: 1883
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1883

Exterior Features

  • Acreage: 0.06
  • Construction: Brick

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 24 X 125
  • Lot Sq Ft: 3000
  • Parcel Identification Number: 17194100180000

Rental Info

  • Gross Rental Income: 91020
  • Tenant Pays: Electric, Heat, Varies by Tenant

Tax Info

  • Taxes: 10879.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 26, 2018
Sold by
1719 West 18Th Street Llc
Bought by
C3 1719 W 18Th St Llc
Seller's Agent
Angelo Labriola
Sperry Van Ness
Buyer's Agent
Elias Masud
Compass
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,048,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,669
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Sep 28, 2016
Sold by
District 18 Llc
Bought by
1719 West 18Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2014
Sold by
1719 W 18Th Street
Bought by
District 18 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
4.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2009
Sold by
Metropolitan Bank & Trust Company
Bought by
1719 W 18Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2007
Sold by
Amaro Margarita
Bought by
Metropolitan Bank

Purchase Details

Closed on
Oct 1, 2004
Sold by
Djelovic Dzelal
Bought by
Amaro Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Arias Gloria
Bought by
Djelovic Dzelal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,040
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2000
Sold by
Hernandez Gloria
Bought by
Arias Gloria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
C3 1719 W 18Th St Llc $950,000 Stewart Title Guaranty Compa
1719 West 18Th Street Llc $742,500 Stewart Title
District 18 Llc $505,000 Ctcc
1719 W 18Th Street Llc $400,000 Cti
Metropolitan Bank -- None Available
Amaro Margarita $485,000 Multiple
Djelovic Dzelal $318,000 Stewart Title Of Illinois
Arias Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1719 West 18Th Street Llc $551,250
Previous Owner District 18 Llc $1,162,500
Previous Owner 1719 W 18Th Street Llc $430,000
Previous Owner Amaro Margarita $388,000
Previous Owner Djelovic Dzelal $254,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $950,000 -2.6% --
11/19/2018 11/19/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $975,000 +2.6% --
11/05/2018 11/05/18 Off Market $950,000 -- --
10/29/2018 10/29/18 For Sale $975,000 -- --
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 $13,046 $72,000 $11,100 $60,900
2023 $12,718 $61,833 $9,000 $52,833
2022 $12,718 $61,833 $9,000 $52,833
2021 $14,277 $71,000 $9,000 $62,000
2020 $14,344 $64,388 $7,050 $57,338
2019 $14,870 $74,010 $7,050 $66,960
2018 $14,619 $74,010 $7,050 $66,960
2017 $10,880 $50,540 $6,150 $44,390
2016 $10,123 $50,540 $6,150 $44,390
2015 $9,261 $50,540 $6,150 $44,390
2014 $6,897 $37,172 $5,400 $31,772
2013 $7,284 $40,048 $5,400 $34,648
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10124248

Midwest Real Estate Data (MRED)

APN: 17-19-410-018-0000