NOT LISTED FOR SALE

209 North Ave Highwood, IL 60040

Estimated Value: $513,000 - $572,000

6 Beds
2 Baths
2,736 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $440,000 $161 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,498/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • 2-minute walk to Highwood Station
  • Ceiling Fan
  • Wayne Thomas Elementary School Rated A
  • Entrance Foyer
  • 2-minute walk to Everts Park

About This Home

As of September 2023

Lovingly maintained 2-flat, nestled on a quiet tree-lined street in Highwood, 209 North Avenue has a rich history as a family-owned property since its construction and offers a unique blend of vintage character and modern conveniences. The building and units have been exceptionally maintained and boast many updates throughout. With its prime location and excellent rental potential, this property presents an outstanding opportunity for investors or those seeking a multi-family living arrangement. Each of the 2 units feature abundant natural light, accentuated by large windows and vintage architectural details. Both units boast sprawling and spacious living and dining rooms, as well as kitchens complete with pantries. Each unit has 3 bedrooms and 1 full bathroom. The large unfinished basement is complete with laundry facilities and separate storage rooms for each unit, and plenty of room for additional storage. Each unit has separate utilities, providing flexibility for tenants or extended family. A detached 2+ car garage was built on the property and additional parking is available along the side apron driveway. The private backyard is an ideal space for outdoor barbecues, gardening and enjoying fresh air. Conveniently situated, close to schools, a short walk to downtown Highwood where you can enjoy an array of dining, stores, entertainment, and scenic parks. Commuters will love the easy access to the train and highway. Updates include 1st floor brand new carpet 2023, new roof 2019, newer windows, new detached garage built, first floor kitchen and bathroom have been remodeled, 2nd floor bathroom very recently remodeled. Selling as-is.

Last Agent to Sell the Property

Sandra Soldano

@properties Christie's International Real Estate License #475179210 Listed on: 08/11/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Sandra Soldano

@properties Christie's International Real Estate License #475179210 Listed on: 08/11/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 38x127x37x127

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Oak Terrace Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Radiator
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,853

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • Foundation Details: Block, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Elementary School: Oak Terrace Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School

Lot Info

  • Lot Dimensions: 38X127X37X127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8853.14
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 18, 2023
Sold by
Soldano Eleanor C
Bought by
Garfias Miguel and Garfias Irene
Seller's Agent
Sandra Soldano
@properties Christie's International Real Estate
Buyer's Agent
Sandra Soldano
@properties Christie's International Real Estate
List Price
$480,000
Sold Price
$440,000
Premium/Discount to List
-$40,000
-8.33%
Views
36
Current Estimated Value
$536,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,765
Avg. Annual Appreciation
9.07%
Original Mortgage
$330,000
Outstanding Balance
$323,668
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$213,097

Purchase Details

Closed on
Jan 17, 2014
Sold by
Atg Trust Company
Bought by
Soldano Cataldo J and Soldano Eleanor C

Purchase Details

Closed on
Jan 23, 2004
Sold by
Soldano Cataldo J and Soldano Eleanor C
Bought by
The Northern Trust Co and Trust #10112

Purchase Details

Closed on
Feb 3, 2003
Sold by
Owens Joan M and Wright Robert W
Bought by
Soldano Cataldo J and Soldano Eleanor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.71%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Soldono Cataldo and Will Of Rose Soldano
Bought by
Soldano Cataldo and Wright Grace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Garfias Miguel $440,000 Proper Title
Soldano Cataldo J -- None Available
The Northern Trust Co -- --
Soldano Cataldo J $120,000 Chicago Title Insurance Comp
Soldano Cataldo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garfias Miguel $330,000
Previous Owner Soldano Cataldo J $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $440,000 -8.3% $161 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $480,000 0.0% $175 / Sq Ft
04/28/2018 04/28/18 Rented $1,350 0.0% --
04/26/2018 04/26/18 Under Contract -- -- --
04/18/2018 04/18/18 For Rent $1,350 -- --
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 $8,332 $152,875 $22,227 $130,648
2023 $8,853 $137,800 $20,035 $117,765
2022 $8,853 $112,713 $22,010 $90,703
2021 $8,171 $108,954 $21,276 $87,678
2020 $6,516 $108,954 $21,276 $87,678
2019 $6,268 $108,444 $21,176 $87,268
2018 $6,108 $112,685 $23,186 $89,499
2017 $6,055 $112,035 $23,052 $88,983
2016 $6,117 $106,659 $21,946 $84,713
2015 $6,438 $99,098 $20,390 $78,708
2014 $6,255 $90,963 $16,759 $74,204
2012 $6,214 $91,494 $16,857 $74,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11857175

Midwest Real Estate Data (MRED)

APN: 16-15-404-005