NOT LISTED FOR SALE

2055 N Whipple St Chicago, IL 60647

Logan Square Neighborhood

Estimated Value: $612,000 - $736,000

4 Beds
3 Baths
1,280 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $435,000 $340 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,368/month

109 Days on Market

About This Home

As of February 2020

MAKE THIS HOUSE YOUR HOME! GREAT INVESTMENT PROPERTY LOCATED IN THE HEART OF LOGAN SQUARE, NEXT TO THE 606 TRAIL AND JUST BLOCKS FROM PALMER PARK. LEGAL 2 UNITS CONSISTS OF: 1ST FLOOR DUPLEXED DOWN WITH BASEMENT FEATURING HARDWOOD FLOORS, LIVING ROOM, SEPERATE DINNING ROOM, EAT IN KITCHEN W/LARGE PANTRY, 3 BEDROOMS, 2 FULL CERAMIC TILED BATHS WITH TUBS, 2ND FLOOR UNIT FEATURES CARPETED LIVING ROOM, DINNING ROOM, 1 BEDROOM WITH WINDOW AC UNIT, KITCHEN W/PANTRY, TILED BATH W/TUB, ENCLOSED BACK PORCH WITH SPACE FOR A SITTING AREA. COMPLETE TEAR OFF ROOF IN 2009 AS WELL AS THE HARDWOOD FLOORS, 1ST FLR FURNACE 2YRS OLD, 2ND FLR FURANCE NEW IGNITOR & MOTHERBOARD, HOT WATER TANK 1 YEAR OLD, CENTRAL HEAT BUT NO A/C. LARGE LAUNDRY AREA. CONCRETE READY FOR YOU TO BUILD A GARAGE, NICE SIZE YARD FOR SUMMER FUN. THIS PROPERTY NEEDS SOME WORK & AWAITS YOUR FINISHING TOUCHES.... SCHEDULE YOUR APPOINTMENT TODAY.

Last Agent to Sell the Property

Carmen Garcia Padilla

Illinois Real Estate Partners License #471009585 Listed on: 09/02/2019

Illinois Real Estate Partners

Last Buyer's Agent

Silvia Hernandez

RE/MAX City License #475137533

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 1887

Lot Details

  • Lot Dimensions are 25x125

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,650

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 474900
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6650
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2019
Closed on
Feb 10, 2020
Sold by
Torres Dinah and Torres Maritza E
Bought by
Sanchez Luz Maria Gabriela Villarreal
Seller's Agent
Carmen Garcia Padilla
Illinois Real Estate Partners
Buyer's Agent
Silvia Hernandez
RE/MAX City
List Price
$474,900
Sold Price
$435,000
Premium/Discount to List
-$39,900
-8.4%
Current Estimated Value
$684,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,687
Avg. Annual Appreciation
8.39%
Original Mortgage
$261,000
Outstanding Balance
$221,167
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$463,520

Purchase Details

Closed on
Nov 11, 1998
Sold by
First Suburban National Bank
Bought by
Torres Maritza E and Torres Dinah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,311
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1998
Sold by
Nelson Richard B
Bought by
First Suburban National Bank and Trust #9559-00

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.27%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Baker Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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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
Sanchez Luz Maria Gabriela Villarreal $435,000 Fidelity National Title
Torres Maritza E $135,000 --
First Suburban National Bank -- --
First Suburban National Bank -- --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Luz Maria Gabriela Villarreal $261,000
Previous Owner Torres Maritza E $132,311
Previous Owner -- $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $435,000 -8.4% $340 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $474,900 -- $371 / Sq Ft
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 $8,681 $47,000 $17,500 $29,500
2023 $8,462 $41,001 $14,063 $26,938
2022 $8,462 $41,001 $14,063 $26,938
2021 $8,272 $40,999 $14,062 $26,937
2020 $6,772 $33,391 $7,968 $25,423
2019 $6,790 $37,102 $7,968 $29,134
2018 $6,650 $37,102 $7,968 $29,134
2017 $3,332 $18,852 $7,031 $11,821
2016 $3,276 $18,852 $7,031 $11,821
2015 $2,974 $18,852 $7,031 $11,821
2014 $2,927 $18,346 $6,250 $12,096
2013 $2,858 $18,346 $6,250 $12,096
Source: Public Records

Agents Affiliated with this Home

  • Carmen Garcia Padilla

    Seller's Agent in 2020

    Carmen Garcia Padilla

    Illinois Real Estate Partners

    (773) 759-7480

    13 Total Sales

    Carmen Garcia Padilla
    Section Image
  • Silvia Hernandez

    Buyer's Agent in 2020

    Silvia Hernandez

    RE/MAX

    (773) 710-6270

    2 in this area

    58 Total Sales

    Silvia Hernandez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10503302

Midwest Real Estate Data (MRED)

APN: 13-36-116-015-0000

Illinois Cook County Chicago 60647 Logan Square

2055 N Whipple St, Chicago, IL

This home is located at 2055 N Whipple St, Chicago, IL 60647 since 02 September 2019 and is currently estimated at $684,687, approximately $534 per square foot. This property was built in 1887. 2055 N Whipple St is a home located in Cook County with nearby schools including Yates Elementary School, Clemente Community Academy High School, and St. Sylvester School.

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.

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