NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold June 01, 2016

Last sale price $125,000

51 Days on Market

Highlights

  • Loft
  • Enclosed Patio or Porch
  • Two Heating Systems
  • 2 Car Detached Garage

About This Home

As of June 2016

2 flat in Belmont Cragin with great cash flow! 2nd floor vacant. 1st flr rented through 5/1. Lease includes heat and electric, BUT THE UNITS ARE METERED SEPARATELY FOR GAS AND ELECTRIC. Recent updates since 2009 include new siding and new front porch/stairs. Unfinished attic, could be a great way to expand the 2nd floor, or use this as a workshop/rec room! The attic is not a legal apartment. Fenced front and back yards. PLEASE NOTE: this is a cash only sale due to the condition of the property. It is habitable, but a recent nearby fire caused some damage to this property's roof, siding and back porch on the south/west side of the property. Seller is selling this "as-is". Contact agent for information about the work that is needed to repair this damage. Also to note, the garage doesn't have a garage door.

Last Agent to Sell the Property

Stephanie Cutter

Coldwell Banker Realty License #475151888 Listed on: 03/08/2016

Coldwell Banker Realty

Last Buyer's Agent

Felix Pena

1st Class Real Estate Midwest License #471019852

1st Class Real Estate Midwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,235

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 125 x 25

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Two Heating Systems
  • Space Heater
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Loft
  • Enclosed Patio or Porch

Community Details

  • 2 Units
  • Gross Income $27,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,235

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch, Loft
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 125 X 25
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 27876
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3235.22
  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $125,000 -10.7% --
04/28/2016 04/28/16 Pending -- -- --
04/11/2016 04/11/16 Price Changed $140,000 -6.7% --
03/28/2016 03/28/16 Price Changed $150,000 -9.1% --
03/08/2016 03/08/16 For Sale $165,000 -- --
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
2025 $4,011 $28,000 $5,735 $22,265
2024 $4,011 $28,000 $5,735 $22,265
2023 $3,910 $19,000 $4,650 $14,350
2022 $3,910 $19,000 $4,650 $14,350
2021 $3,823 $19,000 $4,650 $14,350
2020 $3,963 $17,780 $3,875 $13,905
2019 $4,156 $20,675 $3,875 $16,800
2018 $4,086 $20,675 $3,875 $16,800
2017 $4,282 $19,881 $3,410 $16,471
2016 $3,984 $19,881 $3,410 $16,471
2015 $3,645 $19,881 $3,410 $16,471
2014 $3,235 $17,424 $3,100 $14,324
2013 $3,171 $17,424 $3,100 $14,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09159214

Midwest Real Estate Data (MRED)