NOT LISTED FOR SALE

Estimated Value: $812,917 - $1,556,000

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

Last Sold August 02, 2021

Last sale price $540,000

Est. 110% increase in value since last sale

Current estimated payment $7,537/month

4 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Tennis Courts
  • Property is near a park
  • Community Pool
  • Lower Floor Utility Room

About This Home

As of August 2021

Loads of potential in this Hamlin Park/Roscoe Village 2-flat. Keep as a straight investment, rehab 2nd floor and raise rents, convert to single family house, or move right into either unit as an owner occupant and collect rent on the other unit. Two-2 bed/1 bath units with good natural light, bay windows, hardwood floors, large open space and high ceilings throughout. First floor apartment offers white cabinet kitchen with granite countertops and center island. Updated first floor bath offers blue subway tile. Kitchen pantries, back porches for additional storage and central heat and air conditioning in both units. Unfinished basement offers side by side laundry. Separately metered. Tenants pay their own electric and gas. Fully fenced grass yard with concrete patio at rear. 2 car garage features large, lofted space above. Awesome location close to the heart of Roscoe Village and new development along the River.

Last Agent to Sell the Property

Scott Stavish

@properties Christie's International Real Estate License #475125051 Listed on: 06/10/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Daniel Fowler

@properties Christie's International Real Estate License #475138251

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,438

Year Built

  • Built in 1895

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x124
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture

Interior Spaces

  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Jahn Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • 2 Units
  • Gross Income $40,200
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,438

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Multiple Water Heaters
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space,Hardwood Floors,Cooktop
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 530000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Jahn Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Jahn Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X124
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 40200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 9437.65
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 30, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Borders Jeffrey and Patterson Chelsie
Seller's Agent
Scott Stavish
@properties Christie's International Real Estate
Buyer's Agent
Daniel Fowler
@properties Christie's International Real Estate
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$1,131,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,979
Avg. Annual Appreciation
21.77%
Original Mortgage
$432,000
Outstanding Balance
$399,477
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$811,382
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
Borders Jeffrey $540,000 Proper Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borders Jeffrey $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $540,000 +1.9% --
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $530,000 -- --
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 $17,006 $90,000 $38,750 $51,250
2023 $12,341 $80,600 $31,250 $49,350
2022 $12,341 $60,000 $31,250 $28,750
2021 $12,065 $60,000 $31,250 $28,750
2020 $9,313 $41,806 $15,000 $26,806
2019 $9,438 $46,974 $15,000 $31,974
2018 $9,279 $46,974 $15,000 $31,974
2017 $7,096 $32,964 $13,125 $19,839
2016 $6,602 $32,964 $13,125 $19,839
2015 $7,488 $40,865 $13,125 $27,740
2014 $7,179 $38,691 $10,000 $28,691
2013 $7,037 $38,691 $10,000 $28,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11116913

Midwest Real Estate Data (MRED)

APN: 14-30-104-028-0000