J
Seller's Agent in 2024
Jacob Reiner
Redfin Corporation
1851 N Albany Ave Chicago, IL 60647
Logan Square NeighborhoodEstimated Value: $652,000 - $836,242
4
Beds
3
Baths
1,999
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Property is near a park
- Forced Air Heating System
- Paved or Partially Paved Lot
- 2 Car Detached Garage
- Ceiling Fan
- 3-minute walk to de Burgos (Julia) Park
About This Home
As of September 2024Welcome to 1851 N Albany Ave, a beautifully remodeled home perfect for owner-occupants seeking both comfortable living and investment potential. This charming property boasts a large, freshly remodeled owner's suite on the upper level and a separate one-bedroom apartment downstairs, ideal for generating rental income or hosting guests. The property has undergone extensive updates including new siding, landscaping, and a gut renovation on the interior. The garage is where a new owner can add significant value. It's a blank canvas with a large space that could easily be converted into an additional workshop, office space, or anything your heart desires! Inside, you'll find new bathrooms and a luxury kitchen that will impress even the most discerning chef. With an open concept living room, the owners unit feels almost like a single family home. This is a one of the kind investment opportunity. Hurry up and schedule a showing before this one is gone!
Last Agent to Sell the Property
Jacob Reiner
Redfin Corporation License #475191364 Listed on: 07/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,943
Year Built
- Built in 1891 | Remodeled in 2021
Lot Details
- Lot Dimensions are 125x25
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
- Separate Shower
Basement
- Basement Fills Entire Space Under The House
- Sub-Basement
Location
- Property is near a park
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Sep 5, 2024
Sold by
Tsoflias Michael A
Bought by
Zapotoczny Paul John
Seller's Agent
Jacob Reiner
Redfin Corporation
Buyer's Agent
CZESLAW SZKODON
Boutique Home Realty
List Price
$674,900
Sold Price
$660,000
Premium/Discount to List
-$14,900
-2.21%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,311
Avg. Annual Appreciation
8.39%
Original Mortgage
$627,000
Outstanding Balance
$619,979
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$102,332
Purchase Details
Listed on
May 28, 2021
Closed on
Oct 22, 2021
Sold by
Black Square Real Estate Inc
Bought by
Tsoflias Michael A
Seller's Agent
Thomas Kraley
Thomas Kraley
Buyer's Agent
Jacob Reiner
Redfin Corporation
Sold Price
$515,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$494,301
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 15, 2019
Closed on
Sep 23, 2020
Sold by
Cortes Ismael and Gniadek Jennifer
Bought by
Black Square Real Estate Inc
Seller's Agent
John Wynn
Star Realty & Management
Buyer's Agent
Angelo Kalaras
SR Realty Group Inc.
List Price
$377,000
Sold Price
$306,000
Premium/Discount to List
-$71,000
-18.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.84%
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 22, 2013
Sold by
Mendez Rafael G and Cortez Ismael
Bought by
Mendes Rafaele G and Gniadek Jennifer
Purchase Details
Closed on
Dec 26, 2002
Sold by
Mendez Rafael G
Bought by
Cortez Ismael and Mendez Rafael G
Purchase Details
Closed on
Jun 15, 2001
Sold by
Cortez Ismael
Bought by
Mendez Rafael G and Mendez Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
7.22%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 21, 1998
Sold by
Mendez Rafael
Bought by
Mendez Rafael and Cortez Ismael
Purchase Details
Closed on
Apr 4, 1996
Sold by
The Chicago Trust Company
Bought by
Mendez Rafael G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
7.99%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zapotoczny Paul John | $660,000 | None Listed On Document | |
| Tsoflias Michael A | $515,000 | Chicago Title | |
| Black Square Real Estate Inc | $306,000 | First American Title | |
| Mendes Rafaele G | -- | None Available | |
| Cortez Ismael | -- | -- | |
| Mendez Rafael G | -- | -- | |
| Mendez Rafael | -- | -- | |
| Mendez Rafael G | $67,500 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zapotoczny Paul John | $627,000 | |
| Previous Owner | Tsoflias Michael A | $494,301 | |
| Previous Owner | Black Square Real Estate Inc | $360,000 | |
| Previous Owner | Mendez Rafael G | $65,500 | |
| Previous Owner | Mendez Rafael G | $65,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $660,000 | -2.2% | $330 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 07/15/2024 07/15/24 | For Sale | $674,900 | +31.0% | $338 / Sq Ft | |
| 11/16/2021 11/16/21 | Sold | $515,000 | 0.0% | $258 / Sq Ft | View Prior Sale |
| 08/21/2021 08/21/21 | Off Market | $515,000 | -- | -- | |
| 08/21/2021 08/21/21 | For Sale | -- | -- | -- | |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- | |
| 07/09/2021 07/09/21 | For Sale | -- | -- | -- | |
| 07/03/2021 07/03/21 | Pending | -- | -- | -- | |
| 07/02/2021 07/02/21 | For Sale | -- | -- | -- | |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- | |
| 05/29/2021 05/29/21 | For Sale | $529,900 | +73.2% | $265 / Sq Ft | |
| 10/07/2020 10/07/20 | Sold | $306,000 | -14.3% | $153 / Sq Ft | View Prior Sale |
| 08/23/2020 08/23/20 | Pending | -- | -- | -- | |
| 10/24/2019 10/24/19 | Price Changed | $357,000 | -5.3% | $179 / Sq Ft | |
| 09/15/2019 09/15/19 | For Sale | $377,000 | -- | $189 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,944 | $66,000 | $17,500 | $48,500 |
| 2023 | $10,645 | $55,001 | $14,063 | $40,938 |
| 2022 | $10,645 | $55,001 | $14,063 | $40,938 |
| 2021 | $11,096 | $54,999 | $14,062 | $40,937 |
| 2020 | $3,681 | $44,208 | $7,968 | $36,240 |
| 2019 | $3,670 | $49,121 | $7,968 | $41,153 |
| 2018 | $3,602 | $49,121 | $7,968 | $41,153 |
| 2017 | $3,856 | $26,635 | $7,031 | $19,604 |
| 2016 | $4,221 | $26,635 | $7,031 | $19,604 |
| 2015 | $4,057 | $26,635 | $7,031 | $19,604 |
| 2014 | $3,965 | $23,941 | $6,250 | $17,691 |
| 2013 | $3,876 | $23,941 | $6,250 | $17,691 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Reiner
-
CZESLAW SZKODON
Buyer's Agent in 2024
CZESLAW SZKODON
Boutique Home Realty
(773) 251-3275
1 in this area
10 Total Sales
-
Thomas Kraley
T
Seller's Agent in 2021
Thomas Kraley
Thomas Kraley
(312) 502-7900
1 in this area
47 Total Sales
-
J
Seller's Agent in 2020
John Wynn
Star Realty & Management
-
A
Buyer's Agent in 2020
Angelo Kalaras
SR Realty Group Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12111065
APN: 13-36-310-005-0000
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