NOT LISTED FOR SALE

1745 W Newport Ave Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $695,000 - $916,000

3 Beds
2.5 Baths
1,350 Sq Ft
$598/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $445,500 $330 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,373/month

104 Days on Market

Highlights

  • 2 Car Detached Garage
  • Hamilton Elementary School Rated A-
  • 3-minute walk to Paulina Station

About This Home

As of May 2021

Opportunity! Two flat in Lake View available to rehab and rent out - live in the top unit and rent out the other - or convert into a single family home. Steps from the Paulina brown line stop, restaurants, bars and shops. Property being sold as-is.

Last Agent to Sell the Property

Zoran Stanoev

Kale Realty License #475190259 Listed on: 12/09/2020

Kale Realty

Last Buyer's Agent

David Roberts

@properties Christie's International Real Estate License #475174630

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1880

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 125x25

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,669

Year Built

Built in 1880

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: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame,Shingle Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 125X25
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 11669.32
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Apr 21, 2021
Sold by
Sarkiss Nlair K and Sarkiss Elissa
Bought by
Minett Cheslee Janel
Seller's Agent
Zoran Stanoev
Kale Realty
Buyer's Agent
David Roberts
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$445,500
Premium/Discount to List
-$29,500
-6.21%
Current Estimated Value
$807,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,223
Avg. Annual Appreciation
14.41%
Original Mortgage
$430,630
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2003
Sold by
Coggeshall Thomas and Kinsella Lisa
Bought by
Sarkiss Blair K and Sarkiss Elissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 1999
Sold by
Coggeshall Thomas and Kinsella Cogeshall Lisa
Bought by
Coggeshall Thomas and Kinsella Coggeshall Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.79%

Purchase Details

Closed on
Sep 26, 1994
Sold by
Badel Julie
Bought by
Coggeshall Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.6%
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
Minett Cheslee Janel $445,500 Chicago Title
Sarkiss Blair K $425,000 Multiple
Coggeshall Thomas -- Chicago Title Insurance Co
Coggeshall Thomas $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minett Cheslee Janel $430,630
Previous Owner Sarkiss Blair K $340,000
Previous Owner Coggeshall Thomas $188,000
Previous Owner Coggeshall Thomas $152,000
Closed Sarkiss Blair K $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $445,500 -5.2% $330 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $470,000 -1.1% $348 / Sq Ft
12/09/2020 12/09/20 For Sale $475,000 -- $352 / 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 $13,648 $61,796 $33,499 $28,297
2023 $13,283 $68,001 $37,813 $30,188
2022 $13,283 $68,001 $37,813 $30,188
2021 $13,004 $67,999 $37,812 $30,187
2020 $11,915 $56,590 $16,940 $39,650
2019 $11,669 $61,511 $16,940 $44,571
2018 $11,472 $61,511 $16,940 $44,571
2017 $10,050 $50,063 $15,125 $34,938
2016 $9,527 $50,063 $15,125 $34,938
2015 $8,693 $50,063 $15,125 $34,938
2014 $7,625 $43,663 $12,100 $31,563
2013 $7,463 $43,663 $12,100 $31,563
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2021

    Zoran Stanoev

    Kale Realty

    Section Image

  • D

    Buyer's Agent in 2021

    David Roberts

    @ Properties

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10950243

Midwest Real Estate Data (MRED)

APN: 14-19-414-006-0000

Illinois Cook County Chicago 60657 Southport Corridor

1745 W Newport Ave, Chicago, IL

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