NOT LISTED FOR SALE

Estimated Value: $99,000 - $236,000

5 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 11, 2023

Last sale price $200,000

Est. 5% decrease in value since last sale

Current estimated payment $1,066/month

10 Days on Market

About This Home

As of July 2023

Welcome to this incredible cash flowing duplex property located in North Chicago, IL! This is an excellent opportunity for investors looking to expand their portfolio or for anyone seeking passive income through rental properties. This charming duplex features two separate units, each with its own entrance, living room, kitchen, bedrooms, and bathroom. The upper unit features two bedrooms and one bathroom while the lower unit boasts three bedrooms and one bathroom. Both units are currently rented out, generating a steady cash flow for the owner. The location of this duplex is unbeatable, with easy access to public transportation, major highways, shopping, dining, and entertainment options. It's located in a quiet neighborhood that tenants love. Investing in this duplex is a smart financial move, with a proven track record of generating consistent rental income. Don't miss out on this incredible opportunity to own a cash flowing property in North Chicago, IL!

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 03/17/2023

Last Buyer's Agent

Doritha McCoy

Coldwell Banker Realty License #475162213

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $379

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x122

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$379

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • 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: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Microwave,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Microwave,Oven/Built-in

Exterior Features

  • Foundation Details: Block
  • List Price: 219000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 187

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Year: 2021

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
King Kyana W
Bought by
Kwk Realty Llc
Total Days on Market
10
Current Estimated Value
$190,000

Purchase Details

Closed on
Apr 16, 2021
Sold by
Kasl Real Estate Partners Llc
Bought by
Baron David and Baron Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 27, 2018
Closed on
Jan 31, 2019
Sold by
Blue Magic 86 Llc
Bought by
Kasl Real Estate Partners Llc
Seller's Agent
Liz Scheffler
Century 21 Circle
Buyer's Agent
Flor Luis Washington
Century 21 Circle
List Price
$78,000
Sold Price
$55,000
Premium/Discount to List
-$23,000
-29.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%

Purchase Details

Closed on
Nov 10, 2016
Sold by
R & D Homes Llc
Bought by
Blue Magic 86 Llc

Purchase Details

Closed on
Mar 15, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
R & D Homes Llc

Purchase Details

Closed on
Feb 2, 2010
Sold by
Perry Reginald and Argent Mortgage Company Llc
Bought by
Deutsche Bank Trust Co

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bless Robert P
Bought by
Perry Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Bless Ivette C
Bought by
Bless Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2004
Sold by
Bless Robert P
Bought by
Bless Robert P and Bless Ivette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2002
Sold by
Hooczko Marc
Bought by
Bless Robert P
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
Kwk Realty Llc -- None Listed On Document
Baron David $155,000 Attorney
Kasl Real Estate Partners Llc $55,000 Chicago Title
Blue Magic 86 Llc $74,000 Attorneys Title Guaranty Fun
R & D Homes Llc $27,000 None Available
Deutsche Bank Trust Co -- None Available
Perry Reginald $151,000 --
Bless Robert P -- --
Bless Robert P -- --
Bless Robert P $54,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baron David $101,250
Previous Owner R & D Homes Llc $44,100
Previous Owner Perry Reginald $120,000
Previous Owner Bless Robert P $30,000
Previous Owner Bless Robert P $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $200,000 -8.7% --
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $219,000 +9.5% --
03/20/2023 03/20/23 Off Market $200,000 -- --
03/17/2023 03/17/23 For Sale $219,000 +298.2% --
02/01/2019 02/01/19 Sold $55,000 -6.8% --
01/04/2019 01/04/19 Pending -- -- --
12/10/2018 12/10/18 Price Changed $59,000 -19.2% --
10/30/2018 10/30/18 Price Changed $73,000 -6.4% --
08/27/2018 08/27/18 For Sale $78,000 -- --
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 $379 $3,073 $3,073 --
2023 $300 $2,833 $2,833 --
2022 $300 $2,159 $2,159 $0
2021 $295 $2,141 $2,141 $0
2020 $288 $2,153 $2,153 $0
2019 $290 $2,113 $2,113 $0
2018 $271 $1,621 $1,621 $0
2017 $271 $1,594 $1,594 $0
2016 $262 $1,517 $1,517 $0
2015 $257 $1,428 $1,428 $0
2014 $297 $1,831 $1,831 $0
2012 $245 $1,847 $1,847 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11739851

Midwest Real Estate Data (MRED)

APN: 12-05-223-014