NOT LISTED FOR SALE

2301 W 50th St Chicago, IL 60609

Gage Park Neighborhood

Estimated Value: $333,000 - $421,000

7 Beds
4 Baths
4,499 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $77,500 $17 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $2,229/month

162 Days on Market

About This Home

As of January 2019

Great opportunity to own a large frame 4 Flat in the Gage Park neighborhood of Chicago. Convenient location. Close to Shopping, Parks and Transportation. Walk to the Orange Line. Property is occupied. Please do not disturb Tenants. CASH ONLY

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 08/07/2018

Last Buyer's Agent

Luis Campoverde

RE/MAX Partners License #475108034

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1903

Lot Details

  • 3,441

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 27x127
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,488

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • 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: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 27X127
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: Other

Tax Info

  • Tax Annual Amount: 2488
  • Tax Year: 2016

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Jan 23, 2019
Sold by
Wells Fargo Bank N A
Bought by
Mors Pedro and Mors Juan
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Luis Campoverde
RE/MAX Partners
List Price
$140,400
Sold Price
$77,500
Premium/Discount to List
-$62,900
-44.8%
Current Estimated Value
$377,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,500
Avg. Annual Appreciation
26.41%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Guzman Saucedo Cruz
Bought by
Wells Fargo Bank N A and Certificate Holders Of Assert Backed

Purchase Details

Closed on
May 30, 2002
Sold by
Kasper Roger J
Bought by
Saucedo Cruz Guzman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,918
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2002
Sold by
Kasper Stella V
Bought by
Kasper Roger J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,918
Interest Rate
6.87%
Mortgage Type
FHA
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
Mors Pedro $77,500 Fidelity National Title
Wells Fargo Bank N A -- Attorney
Saucedo Cruz Guzman $145,000 Ticor Title
Kasper Roger J -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saucedo Cruz Guzman $142,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $77,500 -5.5% $17 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $82,000 -11.1% $18 / Sq Ft
11/27/2018 11/27/18 Price Changed $92,200 -10.0% $20 / Sq Ft
10/29/2018 10/29/18 Price Changed $102,400 -10.0% $23 / Sq Ft
10/02/2018 10/02/18 Price Changed $113,800 -10.0% $25 / Sq Ft
09/07/2018 09/07/18 Price Changed $126,400 -10.0% $28 / Sq Ft
08/07/2018 08/07/18 For Sale $140,400 -- $31 / 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 $2,954 $21,000 $2,057 $18,943
2023 $2,879 $14,000 $2,743 $11,257
2022 $2,879 $14,000 $2,743 $11,257
2021 $2,815 $13,999 $2,743 $11,256
2020 $2,476 $11,114 $3,429 $7,685
2019 $1,938 $13,076 $3,429 $9,647
2018 $1,904 $13,076 $3,429 $9,647
2017 $2,485 $14,918 $3,086 $11,832
2016 $2,488 $14,918 $3,086 $11,832
2015 $2,253 $14,918 $3,086 $11,832
2014 $2,439 $15,716 $2,914 $12,802
2013 $2,380 $15,716 $2,914 $12,802
Source: Public Records

Agents Affiliated with this Home

  • Arthur Cirignani

    Seller's Agent in 2019

    Arthur Cirignani

    Chicago Realty Partners, Ltd

    (312) 575-0100

    1 in this area

    183 Total Sales

    Arthur Cirignani
    Section Image

  • L

    Buyer's Agent in 2019

    Luis Campoverde

    RE/MAX Partners

    (708) 484-2300

    70 Total Sales

    Luis Campoverde
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10047301

Midwest Real Estate Data (MRED)

APN: 20-07-119-018-0000

Illinois Cook County Chicago 60609 Gage Park

2301 W 50th St, Chicago, IL

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