Seller's Agent in 2022
Troy Johnson
Real People Realty
(847) 722-0701
1 in this area
10 Total Sales
2248 Lewis Ave North Chicago, IL 60064
Argonne Heights NeighborhoodEstimated Value: $332,000
8
Beds
4
Baths
1,824
Sq Ft
$182/Sq Ft
Est. Value
About This Home
As of October 2022Four unit building built in the 90's. Landlord responsible for common area electric, water and trash. Tenants pay their electric which includes their heat. Building is all electric, no gas. 100% rented, no vacancies in two years. Tear off roof 3 years old. New dumpster enclosure in March 2022. Coin washer/dryer not owned, split 50% with owner. 2nd 4 unit also for sale across the street 2307 Lewis, can buy together or separate. Early 2022 Passed City Inspection. Realtor Owned.
Last Agent to Sell the Property
Real People Realty License #475162439 Listed on: 08/15/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,448
Year Built
- Built in 1994
Lot Details
- 0.36
Home Design
- Bi-Level Home
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
Parking
- 12 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Space is Owned
Utilities
- Baseboard Heating
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,362
- Trash Expense $1,680
- Water Sewer Expense $1,500
- Gross Income $39,600
- Net Operating Income $27,248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2022
Closed on
Oct 13, 2022
Sold by
North Shore Management Services Llc
Bought by
Little Bear Investments Llc
Seller's Agent
Troy Johnson
Real People Realty
Buyer's Agent
Joseph Ryan
Joseph D Ryan
List Price
$354,000
Sold Price
$300,000
Premium/Discount to List
-$54,000
-15.25%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Avg. Annual Appreciation
3.69%
Original Mortgage
$480,000
Outstanding Balance
$321,232
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$11,768
Purchase Details
Closed on
Aug 5, 2015
Sold by
Joor Robert H and The Robert H Joor Trust
Bought by
North Shore Management Services Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 25, 1994
Sold by
Joor Robert
Bought by
Joor Robert H and The Robert H Joor Revocable Tr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Little Bear Investments Llc | $600,000 | -- | |
| North Shore Management Services Llc | $200,000 | Chicago Title Insurance Co | |
| Joor Robert H | -- | -- | |
| Joor Robert H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Little Bear Investments Llc | $480,000 | |
| Previous Owner | North Shore Management Services Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2022 10/13/22 | Sold | $300,000 | -15.3% | $164 / Sq Ft |
| 08/20/2022 08/20/22 | Pending | -- | -- | -- |
| 08/15/2022 08/15/22 | For Sale | $354,000 | -- | $194 / 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 | $9,558 | $77,508 | $16,082 | $61,426 |
| 2023 | $7,570 | $71,449 | $14,825 | $56,624 |
| 2022 | $7,570 | $54,460 | $11,300 | $43,160 |
| 2021 | $7,256 | $53,991 | $11,203 | $42,788 |
| 2020 | $7,323 | $54,290 | $11,265 | $43,025 |
| 2019 | $7,323 | $53,293 | $11,058 | $42,235 |
| 2018 | $8,610 | $51,450 | $10,675 | $40,775 |
| 2017 | $8,540 | $50,590 | $10,497 | $40,093 |
| 2016 | $8,305 | $48,153 | $9,991 | $38,162 |
| 2015 | $8,150 | $45,342 | $9,408 | $35,934 |
| 2014 | $6,788 | $45,342 | $9,385 | $35,957 |
| 2012 | $6,757 | $45,735 | $9,466 | $36,269 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Johnson
-
Joseph Ryan
J
Buyer's Agent in 2022
Joseph Ryan
Joseph D Ryan
(847) 840-5971
1 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11491601
APN: 12-05-306-035
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