NOT LISTED FOR SALE

Estimated Value: $1,028,000 - $1,095,000

9 Beds
6 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold December 04, 2019

Last sale price $810,000

Est. 28% increase in value since last sale

Current estimated payment $7,030/month

8 Days on Market

About This Home

As of December 2019

Quoted in Forbes, Pilsen is "a nest of cutting-edge culture and art." Filled with murals, galleries, culture, this investment property is in the heart of Pilsen, blocks from the paseo trail. This property is not a rehab but a new construction build. All three units are 3 bedroom and 2 bathrooms with in unit washer-dryer, with 3 parking spaces in the back. Tenants pay electricity and gas. Gross rental income of $68,700.

Last Agent to Sell the Property

Ruby Park

Coldwell Banker Realty License #475172855 Listed on: 10/30/2019

Coldwell Banker Realty

Last Buyer's Agent

Eric Sporinsky

Realty of America, LLC License #475182887

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,461

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 25x126

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,461

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2018
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner

Exterior Features

  • List Price: 825000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 13460.97
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 25, 2019
Sold by
1750 W Cermak Llc
Bought by
Barrigah Benissan Tete Leonce
Seller's Agent
Ruby Park
Coldwell Banker Realty
Buyer's Agent
Eric Sporinsky
Realty of America, LLC
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Current Estimated Value
$1,040,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,405
Avg. Annual Appreciation
5.43%
Original Mortgage
$648,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Moy Daniel A and Huang Jing
Bought by
1750 W Cermak Llc

Purchase Details

Closed on
Jun 3, 2014
Sold by
Jimenez Yolanda
Bought by
Moy Daniel A and Huang Jing

Purchase Details

Closed on
May 22, 1997
Sold by
Metropolitan Bank & Trust
Bought by
Jimenez Yolanda

Purchase Details

Closed on
Feb 21, 1997
Sold by
Huffman Roy
Bought by
Metropolitan Bank & Trust Company and Trust #2101
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
Barrigah Benissan Tete Leonce $810,000 First American Title
1750 W Cermak Llc -- Attorney
Moy Daniel A $47,000 None Available
Jimenez Yolanda $17,500 --
Metropolitan Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrigah Benissan Tete Leonce $675,000
Closed Barrigah Benissan Tete Leonce $648,000
Previous Owner 1750 W Cermak Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $810,000 -1.8% --
11/07/2019 11/07/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $825,000 -- --
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 $15,402 $93,001 $11,563 $81,438
2023 $15,015 $73,000 $9,375 $63,625
2022 $15,015 $73,000 $9,375 $63,625
2021 $14,680 $73,000 $9,375 $63,625
2020 $12,773 $57,338 $7,343 $49,995
2019 $13,241 $65,906 $7,343 $58,563
2018 $13,019 $65,906 $7,343 $58,563
2017 $18,258 $84,814 $6,406 $78,408
2016 $1,596 $7,968 $7,968 $0
2015 $1,460 $7,968 $7,968 $0
2014 $1,478 $7,968 $7,968 $0
2013 $1,449 $7,968 $7,968 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10562145

Midwest Real Estate Data (MRED)

APN: 17-19-428-028-0000