NOT LISTED FOR SALE

Estimated Value: $107,000 - $297,000

7 Beds
2 Baths
1,052 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $86,000 $82 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,064/month

About This Home

As of December 2023

SELLER TO OFFER A $1320 CREDIT! Brick 2-flat in super-hot West Garfield Park is currently configured as a 3/1 on the first floor with a 4/1 duplex up. This property presents the savvy investor increased cash flow potential plus steady appreciation in this rapidly gentrifying neighborhood! Stabilized, similar unit comps are $375-$450K! RT-4 zoning may allow the opportunity to add a third unit. Another bonus: There is a beautiful park directly across the street and the CTA Green Line Pulaski stop is just a 3-minute walk!

Last Agent to Sell the Property

Scott Siegel

Chicago Real Estate Authority License #471011328 Listed on: 12/06/2023

Last Buyer's Agent

Rene Mendoza

Core Realty & Investments Inc. License #475112555

Core Realty & Investments Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,199

Lot Details

  • 3,136

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,199

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 91-100 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: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 79000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2198.7
  • Tax Year: 2021
  • Tax Exemptions: None

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

Listed on
Dec 6, 2023
Closed on
Dec 12, 2023
Sold by
Dp Capital Inc
Bought by
Gomez Electrial Inc
Seller's Agent
Scott Siegel
Chicago Real Estate Authority
Buyer's Agent
Rene Mendoza
Core Realty & Investments Inc.
List Price
$79,000
Sold Price
$86,000
Premium/Discount to List
$7,000
8.86%
Views
23
Current Estimated Value
$180,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,654
Avg. Annual Appreciation
50.02%

Purchase Details

Closed on
Aug 1, 2023
Sold by
Polk Rosemarie
Bought by
Dp Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Gomez Electrial Inc $86,000 Old Republic Title
Dp Capital Inc $57,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dp Capital Inc $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $86,000 +8.9% $82 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $79,000 -- $75 / 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 $1,270 $14,600 $4,531 $10,069
2023 $1,238 $6,000 $3,021 $2,979
2022 $1,238 $6,000 $3,021 $2,979
2021 $1,210 $5,999 $3,021 $2,978
2020 $2,199 $9,837 $3,671 $6,166
2019 $2,204 $10,931 $3,671 $7,260
2018 $2,166 $10,931 $3,671 $7,260
2017 $2,060 $9,538 $3,281 $6,257
2016 $1,910 $9,538 $3,281 $6,257
2015 $1,748 $9,538 $3,281 $6,257
2014 $1,500 $8,082 $3,125 $4,957
2013 $1,470 $8,082 $3,125 $4,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11942688

Midwest Real Estate Data (MRED)

APN: 16-10-416-013-0000