2102 Norwood St Melrose Park, IL 60160
4
Beds
3
Baths
--
Sq Ft
0.34
Acres
Highlights
- 2 Car Attached Garage
- Forced Air Heating System
- Senior Tax Exemptions
- Shed
- Power Generator
About This Home
As of August 2024MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY 5PM ON TUESDAY JULY 9. NO EXCEPTIONS. Exceptional investment opportunity in ideal Melrose Park location. Versatile, well-maintained 2-flat with full basement that could be converted to 3rd unit. First and second floor units feature 2 generous sized bedrooms and full bath, plus updated kitchen and full bathroom. Comfortable living space in each unit is perfect for families looking to gather or entertain. Great outside space includes a large yard perfect for the kids to play or everyone to relax and enjoy the cool summer breeze. Potential third unit in basement adds significant value and flexibility. Perfect opportunity for investors or owner-occupants looking to maximize rental income. Situated just minutes from the heart of Melrose Park, this property offers easy access to shopping, dining, schools, and public transportation. Don't miss out on this fantastic opportunity!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475167497 Listed on: 07/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,674
Year Built
- Built in 1957
Lot Details
- Lot Dimensions are 125 x 57
- Additional Parcels
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Rough-In Basement Bathroom
Outdoor Features
- Shed
Schools
- Melrose Park Elementary School
- Stevenson Elementary Middle School
- Proviso East High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Power Generator
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2024
Closed on
Aug 1, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Bolivar Angel
Seller's Agent
John Bourjaily
@properties Christie's International Real Estate
Buyer's Agent
Angel Bolivar
Compass
List Price
$438,000
Sold Price
$460,000
Premium/Discount to List
$22,000
5.02%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,500
Avg. Annual Appreciation
11.00%
Original Mortgage
$444,647
Outstanding Balance
$441,036
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$67,964
Purchase Details
Closed on
Oct 13, 1998
Sold by
Olson Christopher and Olson Mary Ann
Bought by
Olson Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | Chicago Title | |
| Warranty Deed | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $444,647 | FHA | |
| Previous Owner | $235,000 | Credit Line Revolving | |
| Previous Owner | $79,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $460,000 | +5.0% | -- |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- |
| 07/03/2024 07/03/24 | For Sale | $438,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $360 | $1,388 | $1,388 | -- |
| 2023 | $370 | $1,388 | $1,388 | -- |
| 2022 | $370 | $1,200 | $1,200 | $0 |
| 2021 | $375 | $1,200 | $1,200 | $0 |
| 2020 | $365 | $1,200 | $1,200 | $0 |
| 2019 | $352 | $1,087 | $1,087 | $0 |
| 2018 | $351 | $1,087 | $1,087 | $0 |
| 2017 | $343 | $1,087 | $1,087 | $0 |
| 2016 | $312 | $975 | $975 | $0 |
| 2015 | $308 | $975 | $975 | $0 |
| 2014 | $298 | $975 | $975 | $0 |
| 2013 | $274 | $975 | $975 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
John Bourjaily
@ Properties
(630) 915-5505
1 in this area
55 Total Sales
-
Buyer's Agent in 2024
Angel Bolivar
Compass
(847) 848-6671
7 in this area
142 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12094798
APN: 15-03-127-047-0000
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