NOT LISTED FOR SALE

Estimated Value: $762,000 - $1,072,000

2 Beds
2 Baths
2,354 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $456,000 $194 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,343/month

62 Days on Market

About This Home

As of January 2016

Great opportunity! Formerly a brick cottage, this 2 unit property was completely gutted in 1997 and currently being used as a one bedroom/one bath apartment upstairs and a one bedroom one bathroom apartment duplexed down into the basement.Vaulted ceilings/skylights upstairs. Zoned commercial so easy to turn the first floor into a storefront or leave as is! Perfect for live in owner or live/work situation! Lot size is 25 x 100. Zoned B32.

Last Agent to Sell the Property

Cara Buffa

Berkshire Hathaway HomeServices Chicago License #475155015 Listed on: 09/14/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Elaine Madden

Keller Williams Success Realty License #475150783

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

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

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,420

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • List Price: 499999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 25X100
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7420.37
  • Tax Year: 2013

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Bucktown Condo Llc
Bought by
Rubin Max H and Danemayer Graham Michael
Current Estimated Value
$925,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$464,253
Interest Rate
3.92%
Estimated Equity
$460,828

Purchase Details

Closed on
Feb 16, 2022
Sold by
Bucktown Condo Llc
Bought by
Rubin Max H and Danemayer Graham Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$464,253
Interest Rate
3.92%
Estimated Equity
$460,828

Purchase Details

Closed on
May 3, 2018
Sold by
Chan Rebecca
Bought by
Bucktown Condo Llc

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 5, 2016
Sold by
Jensen Dennis R and Pongyan Fe Marie
Bought by
Chan Rebecca S and The Rebecca S Chan Trust
Seller's Agent
Cara Buffa
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Elaine Madden
Keller Williams Success Realty
List Price
$575,000
Sold Price
$456,000
Premium/Discount to List
-$119,000
-20.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jan 14, 2015
Sold by
Jensen Terry
Bought by
Declaration Jensen Terry and Terry Jensen Self Declaration Of Trust
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
Rubin Max H $620,000 --
Rubin Max H $620,000 --
Bucktown Condo Llc -- None Available
Chan Rebecca S $456,000 Chicago Title
Declaration Jensen Terry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Max H $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $456,000 -8.8% $194 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
10/12/2015 10/12/15 Price Changed $499,999 -13.0% $212 / Sq Ft
09/14/2015 09/14/15 For Sale $575,000 -- $244 / 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 $16,093 $71,000 $20,880 $50,120
2023 $15,685 $76,000 $16,800 $59,200
2022 $15,685 $76,000 $16,800 $59,200
2021 $15,333 $76,000 $16,800 $59,200
2020 $15,721 $70,317 $10,920 $59,397
2019 $15,412 $76,432 $10,920 $65,512
2018 $15,901 $80,499 $10,920 $69,579
2017 $11,117 $51,642 $9,600 $42,042
2016 $11,193 $55,886 $9,600 $46,286
2015 $10,241 $55,886 $9,600 $46,286
2014 $6,598 $39,967 $8,400 $31,567
2013 $7,420 $45,307 $8,400 $36,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09038133

Midwest Real Estate Data (MRED)

APN: 14-31-138-028-0000