Timothy Rhoten
Reserve RE
(855) 510-0218
110 Total Sales
1 in Garfield Park
$425,000 Price
20 S Hamlin Blvd Chicago, IL 60624
Garfield Park Neighborhood
19
Beds
16
Baths
--
Sq Ft
1917
Built
About This Home
As of August 2022Nominee for the 2022 Chicago Neighborhood Development Award. Completed in the Fall 2021, Total gut rehab on this beautiful 8 unit, 2 and 3 bedroom building. Every inch of the interior has been renovated. Check out the photo's. New electric, HVAC, plumbing. GE stainless steel appliances and In unit washer and dryers. Porcelain and LVT flooring throughout. The building is occupied with CHA vouchers making this a perfect investment opportunity. This building is also being offered as a package with the 8 unit 4114 W. West End and 8 unit 3803 W. Ohio multi family buildings. All properties have been completely gut rehabbed and all have similar finishes.
Last Agent to Sell the Property
@properties Commercial License #471016816 Listed on: 02/10/2022
Co-Listed By
Dominic Soltero
@properties Commercial License #475153308
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,500
Year Built
- Built in 1917
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 19 Bedrooms
- 16 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Additional Features
- 4-Story Property
- Lot Dimensions are 50 x 150
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $600
- Insurance Expense $6,000
- Maintenance Expense $2,000
- Manager Expense $9,000
- Other Expense $1,800
- Trash Expense $500
- Water Sewer Expense $2,700
- Operating Expense $42,000
- Gross Income $140,100
- Net Operating Income $92,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2022
Closed on
Aug 30, 2022
Sold by
Kemt Llc
Bought by
Seller's Agent
Michael Rourke
@properties Commercial
Buyer's Agent
Andrew Wendt
Compass
List Price
$1,324,950
Sold Price
$1,185,875
Premium/Discount to List
-$139,075
-10.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Outstanding Balance
$1,933,704
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 2019
Sold by
Garfield Park Hamlin Llc
Bought by
Kemt Llc
Purchase Details
Closed on
Jun 13, 2018
Sold by
Union Hill Holdings Llc
Bought by
Garfield Park Hamlin Llc
Purchase Details
Closed on
May 16, 2018
Sold by
County Of Cook
Bought by
Union Hill Holdings Llc
Purchase Details
Closed on
May 20, 2010
Sold by
Bober Irene
Bought by
Bober Irene and Bober Christopher
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Garfield Park, IL
-
Timothy Rhoten
-
Brandice Hampton
Brandice Hampton
Baird & Warner
(630) 360-8819
126 Total Sales
8 in Garfield Park
$325K - $745K Price Range
-
John Charleston
John Charleston
RE/MAX 10
(630) 757-8632
99 Total Sales
2 in Garfield Park
$249K - $280K Price Range
-
Richard Lomax
Richard Lomax
Fulton Grace Realty
(312) 376-3268
80 Total Sales
2 in Garfield Park
$105K - $415K Price Range
-
Subica Rauf
Subica Rauf
Divine Realty
(888) 719-4287
96 Total Sales
1 in Garfield Park
$305,000 Price
-
Victoria Waliczek
Victoria Waliczek
Coldwell Banker Realty
(312) 386-5117
122 Total Sales
2 in Garfield Park
$435K - $485K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,515,000 | Proper Title | ||
| Kemt Llc | $375,000 | Chicago Title | |
| Garfield Park Hamlin Llc | $155,000 | Chicago Title Insurance Comp | |
| Union Hill Holdings Llc | -- | None Available | |
| Bober Irene | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,880,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $1,185,875 | -10.5% | -- |
| 02/10/2022 02/10/22 | For Sale | $1,324,950 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,173 | $40,040 | $7,069 | $32,971 |
| 2024 | $13,135 | $85,162 | $10,875 | $74,287 |
| 2023 | $15,950 | $62,040 | $7,875 | $54,165 |
| 2022 | $15,950 | $77,282 | $7,875 | $69,407 |
| 2021 | $7,566 | $37,500 | $7,875 | $29,625 |
| 2020 | $10,820 | $48,411 | $7,875 | $40,536 |
| 2019 | $9,759 | $48,411 | $7,875 | $40,536 |
| 2018 | $3,159 | $15,942 | $7,875 | $8,067 |
| 2017 | $9,834 | $45,525 | $6,187 | $39,338 |
| 2016 | $9,118 | $45,525 | $6,187 | $39,338 |
| 2015 | $8,342 | $45,525 | $6,187 | $39,338 |
| 2014 | $6,640 | $35,786 | $6,187 | $29,599 |
| 2013 | $6,509 | $35,786 | $6,187 | $29,599 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rourke
Seller's Agent in 2022
Michael Rourke
@ Properties
(312) 505-1610
2 in this area
15 Total Sales
-
DS
Seller Co-Listing Agent in 2022
Dominic Soltero
@ Properties
-
Andrew Wendt
Buyer's Agent in 2022
Andrew Wendt
Compass
(312) 590-9935
2 in this area
58 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11322241
APN: 16141010250000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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