NOT LISTED FOR SALE

Estimated Value: $550,000 - $900,000

10 Beds
5 Baths
3,948 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2018

Last sale price $312,500 $79 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,936 / mo

125 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • 2 Car Attached Garage
  • Tennis Courts
  • Balcony
  • 3-minute walk to Paschen Park

About This Home

As of June 2018

Location, location! Rare investment opportunity on an over sized lot in sought after hot-hot Rogers Park! This vacant Luxembourg farmhouse needs a gut renovation, and has HUGE potential for the long term savvy investor! Live in the separate recently renovated coach house while working on the front 3 flat. Projected $6000 monthly rent! Fully fenced yard with room enough for your urban garden oasis, edible garden, and outdoor grilling/dining area! Parking on site as well as easy street parking. Neighborhood is rich with restaurants, shopping, & the arts. Green living in a wonderful community with 5 parks within walking distance. Situated minutes to the Metra station (can you say Ravinia?), CTA red line and the mile 1/2 long beach. See additional info for survey. Property is vacant. Sold as is. See additional info for zoning certification of the 4 unit property.

Last Agent to Sell the Property

Ellen Baren

@properties Christie's International Real Estate License #475149484 Listed on: 01/03/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Ilya Pisarenko

Core Realty & Investments, Inc License #475138685

Core Realty & Investments, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,832

Year Built

  • Built in 1881

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50'x171'
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Carport
  • On-Street Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,832

Year Built

Built in 1881

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1881
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storage Shed, Storms/Screens
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Alley, Side Apron
  • ParkingTotal: 7
  • Garage Details: Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Tennis Courts

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 50'X171'
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6831.69
  • Tax Year: 2016
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jun 5, 2018
Sold by
Mallow April
Bought by
1952 W Morse Llc
Seller's Agent
Ellen Baren
@properties Christie's International Real Estate
Buyer's Agent
Ilya Pisarenko
Core Realty & Investments, Inc
List Price
$395,000
Sold Price
$312,500
Premium/Discount to List
-$82,500
-20.89%
Current Estimated Value
$653,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,824
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Gilmore Allen
Bought by
Gilmore Allen and Allen Gilmore Revocable Living Trust

Purchase Details

Closed on
Oct 8, 1998
Sold by
Gilmore Allen
Bought by
Gilmore Allen and Baylen Lorraine
Source: Public Records
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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
1952 W Morse Llc $312,500 Chicago Title
Gilmore Allen -- Attorney
Gilmore Allen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $312,500 -20.9% $79 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/22/2018 04/22/18 For Sale $395,000 0.0% $100 / Sq Ft
04/22/2018 04/22/18 Price Changed $395,000 -10.2% $100 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $440,000 -1.1% $111 / Sq Ft
02/07/2018 02/07/18 Price Changed $445,000 -11.0% $113 / Sq Ft
01/03/2018 01/03/18 For Sale $500,000 -- $127 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,668 $83,589 $19,238 $64,351
2024 $5,668 $19,238 $19,238 --
2023 $12,607 $26,866 $15,390 $11,476
2022 $12,607 $61,295 $15,390 $45,905
2021 $4,018 $19,980 $15,390 $4,590
2020 $3,288 $14,760 $12,397 $2,363
2019 $3,397 $16,907 $12,397 $4,510
2018 $5,889 $31,250 $12,397 $18,853
2017 $11,884 $55,206 $11,115 $44,091
2016 $6,832 $55,206 $11,115 $44,091
2015 $6,311 $55,206 $11,115 $44,091
2014 $5,516 $46,077 $10,260 $35,817
2013 $7,560 $46,077 $10,260 $35,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09825465

Midwest Real Estate Data (MRED)

APN: 11-31-214-032-0000

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