2200 W Chicago Ave Chicago, IL 60622
Ukrainian Village Neighborhood
13
Beds
6
Baths
6,584
Sq Ft
2,919
Sq Ft Lot
About This Home
As of July 2022True Ukrainian Village beauty - fully rehabbed top of line 6 units and 3 car garage on visible corner of Chicago Ave and Leavitt. Building fully rehabbed with hardwood floors, central air, washer/dryers in each unit, dishwasher/granite and quartz counters/most of stainless steel appliances . Super high ceilings - large windows - corner unit have amazing downtown views . Front units are 3 bedrooms with large baths/separate shower/double vanity - nice open super large living and dining.Rear units all 2 bedroom/1 bath - updated with same finishes.Store front converted to beautiful contemporary loft. 6 parkings- 3 in garage /3 on garage skirt. All units pay their own utilities but water. This is not usual vintage rehab - or building - if you looking for value and quality - and rentals that have potential to grow - this is it. Owned by Chicago Licensed Realtor.
Last Agent to Sell the Property
Cedar Realty License #475128607 Listed on: 04/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,136
Year Built
- Built in 1893
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 13 Bedrooms
- 6 Bathrooms
Additional Features
- Lot Dimensions are 24x121
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, hot water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $546
- Insurance Expense $3,499
- Trash Expense $2,139
- Water Sewer Expense $1,851
- Operating Expense $74,698
- Gross Income $136,500
- Net Operating Income $61,802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2017
Sold by
Jewusiak Danuta and Sawicki Adam
Bought by
2200 Chicago Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
4.89%
Mortgage Type
Commercial
Purchase Details
Closed on
May 14, 1994
Sold by
Smola Wlodzimierz and Smola Lidia
Bought by
Sawicki Adam and Sawicki Stefania
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.61%
Mortgage Type
Commercial
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Attorney | |
| Warranty Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $925,000 | Commercial | |
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2022 07/03/22 | Sold | $1,670,000 | 0.0% | $254 / Sq Ft |
| 06/30/2022 06/30/22 | Off Market | $1,670,000 | -- | -- |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/11/2022 04/11/22 | For Sale | $1,785,000 | -- | $271 / Sq Ft |
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 | $21,223 | $138,544 | $25,265 | $113,279 |
| 2023 | $20,622 | $96,294 | $20,328 | $75,966 |
| 2022 | $20,622 | $96,294 | $20,328 | $75,966 |
| 2021 | $21,082 | $100,719 | $20,328 | $80,391 |
| 2020 | $22,136 | $94,761 | $9,873 | $84,888 |
| 2019 | $22,681 | $107,684 | $9,873 | $97,811 |
| 2018 | $22,337 | $107,684 | $9,873 | $97,811 |
| 2017 | $14,323 | $66,512 | $8,712 | $57,800 |
| 2016 | $13,519 | $66,512 | $8,712 | $57,800 |
| 2015 | $13,693 | $72,972 | $8,712 | $64,260 |
| 2014 | $11,223 | $59,361 | $7,260 | $52,101 |
| 2013 | $11,028 | $59,361 | $7,260 | $52,101 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Irena Cepulyte
Cedar Realty
(773) 744-6015
2 in this area
11 Total Sales
-
Buyer's Agent in 2022
Kelly Wong
Coldwell Banker Realty
(312) 266-7000
1 in this area
37 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11372364
APN: 17-06-329-036-0000
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