NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
28.05 Acres

Last Sold October 09, 2018

Last sale price $199,000

5 Days on Market

About This Home

As of October 2018

Well-established private day care building for sale in highly desirable Pill Hill. RS-3 zoning allows for residential new construction which is abounding everywhere in a most desired location with much recent positive media coverage. Building is perfect not only for new construction but also for a new owner operator. Building is compliant with all city codes and was actually the first 24 hour day care licensed in the city such as it is annually and currently. The building itself has been meticulously maintained and sits on a highly visible corner lot on a quiet residential street. Building has zoned heating and cooling with 2 furnaces and 2 central air systems, 3 washrooms, a kitchen, steel doors, and a newer roof. Priced to sell.

Last Agent to Sell the Property

Alexis Eldorrado

Eldorrado Chicago Real Estate License #471008245 Listed on: 04/13/2018

Last Buyer's Agent

Akilah Hill

Coldwell Banker Realty License #475151862

Coldwell Banker Realty

Property Details

Property Type

  • Other

Year Built

  • 1942

Lot Details

  • 28.05

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Stone Siding
  • Limestone

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Tenant pays for electric, heat, repairs and maintenance

Property Details

Property Type

Other

Year Built

1942

Lot Details

0

Listing Details

  • Property Type: Instut/To Develop
  • Built Before 1978 (Y/N): Yes
  • Current Use: Commercial, Special Use
  • Ownership Type: Individual
  • Potential Use: Commercial, Residential-Multi-Family, Retail, Special Use
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal
  • Estimated Age: Older
  • Net Operating Income Year: 2016
  • Net Oper Income: 200000
  • Outdoor Parking: 6-12 Spaces
  • Property Offered: For Sale Only
  • Total Annual Exp: 10239
  • Total Annual Income: 360000
  • Number Of Stories: 1
  • Estimated Year Built: 1942
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 1942

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick, Stone, Limestone
  • Acreage: 28.05
  • Construction: Brick, Concrete
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Air, Zoned
  • Fire Protection: Alarm Monitored, Fire Extinguisher/s
  • Heatventilation: Forced Air, Gas

Fee Information

  • Electrical Service: 101-200 Amps

Lot Info

  • Lot Dimensions: 100 X 125
  • Lot Sq Ft: 12220
  • Land Amenities: Children's Play Yard, Curbs and Gutters, Fencing, Garbage Removal, Lawn Care, Lighting/Exterior, Park/Playground, Security Entrance, Sidewalks, Snow Removal
  • Parcel Identification Number: 25014090400000

Rental Info

  • Tenant Pays: Electric, Heat, Repairs and Maintenance

Multi Family

  • Expense Year: 2016

Tax Info

  • Taxes: 24277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2018
Sold by
Dorsey Cathy R
Bought by
Cw Legacy Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 12, 2007
Sold by
North Star Trust Co
Bought by
Dorsey Cathy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 1996
Sold by
Dungy Henry and Dungy Dollie
Bought by
South Chicago Bank

Purchase Details

Closed on
Oct 17, 1994
Sold by
Dungy Dollie and Dungy Henry
Bought by
Held At South Chicago Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cw Legacy Group Llc $199,000 First American Title
Dorsey Cathy R -- None Available
South Chicago Bank -- --
Held At South Chicago Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cw Legacy Group Llc $180,000
Previous Owner Dorsey Cathy R $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2018 10/09/18 Sold $199,000 0.0% --
04/18/2018 04/18/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $199,000 -- --
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
2025 $11,043 $87,721 $11,719 $76,002
2024 $11,043 $87,721 $11,719 $76,002
2023 $10,771 $52,213 $14,063 $38,150
2022 $10,771 $52,213 $14,063 $38,150
2021 $10,529 $52,212 $14,062 $38,150
2020 $11,654 $52,186 $14,062 $38,124
2019 $10,512 $52,186 $14,062 $38,124
2018 $10,334 $52,186 $14,062 $38,124
2017 $11,003 $51,000 $11,718 $39,282
2016 $10,239 $51,000 $11,718 $39,282
2015 $9,369 $51,000 $11,718 $39,282
2014 $9,486 $51,000 $11,718 $39,282
2013 $9,297 $51,000 $11,718 $39,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09915580

Midwest Real Estate Data (MRED)

APN: 25-01-409-040-0000