NOT LISTED FOR SALE

Estimated Value: $1,208,000 - $1,364,729

5 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold October 29, 2013

Last sale price $601,000

Est. 111% increase in value since last sale

Current estimated payment $8,472/month

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot
  • Coonley Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2013

BEAUTIFUL CLASSIC BRICK LINCOLN SQUARE TWO FLAT BUILDING WITH A DETACHED GARAGE. 5 BEDROOMS, 2 FULL BATHS. LOCATED STEPS FROM WELLES PARK & LINCOLN AVE. PROPERTY FEATURES HIGH CEILINGS, HARDWOOD FLOORS, BUILT-IN HUTCHES, WALK IN PANTRIES, ETC. WELL MAINTAINED BUILDING IN GREAT LOCATION! MUST SEE TODAY.

Last Agent to Sell the Property

Saul Zenkevicius

Z Team Listed on: 09/11/2013

Last Buyer's Agent

Michael McCallum

Baird & Warner License #471020532

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,174

Year Built

  • Built in 1906

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,174

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 519750
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9173.95
  • Tax Year: 2011

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
Sep 11, 2013
Closed on
Oct 2, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Draney Walter and Draney Heather
Seller's Agent
Saul Zenkevicius
Z Team
Buyer's Agent
Michael McCallum
Baird & Warner
List Price
$519,750
Sold Price
$601,000
Premium/Discount to List
$81,250
15.63%
Current Estimated Value
$1,269,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,932
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Whitelaw Eric and Owens John P
Bought by
Whitelaw Erick and Whitelaw Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 1999
Sold by
Lasalle National Bank
Bought by
Owens John P and Whitelaw Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
7.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Draney Walter $601,000 Parks Title
Whitelaw Erick -- Stewart Title Of Illinois
Owens John P $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draney Walter $560,000
Closed Draney Walter $667,000
Closed Draney Walter $667,000
Previous Owner Whitelaw Eric $451,000
Previous Owner Whitelaw Eric $455,000
Previous Owner Whitelaw Erick $390,000
Previous Owner Whitelaw Eric $235,000
Previous Owner Whitelaw Eric $240,000
Previous Owner Whitelaw Eric $245,000
Previous Owner Owens John P $248,000
Previous Owner Owens John P $251,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $601,000 +15.6% --
09/19/2013 09/19/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $519,750 -- --
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 $18,792 $139,181 $41,813 $97,368
2023 $22,506 $92,380 $33,750 $58,630
2022 $22,506 $112,843 $33,750 $79,093
2021 $23,388 $119,635 $33,750 $85,885
2020 $16,482 $77,088 $18,000 $59,088
2019 $16,051 $83,320 $18,000 $65,320
2018 $15,780 $83,320 $18,000 $65,320
2017 $14,321 $69,902 $15,750 $54,152
2016 $13,500 $69,902 $15,750 $54,152
2015 $10,083 $55,023 $15,750 $39,273
2014 $8,908 $48,011 $12,000 $36,011
2013 $8,732 $48,011 $12,000 $36,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08442506

Midwest Real Estate Data (MRED)

APN: 14-18-307-008-0000