NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: November 30, 2021

Last sale price $615,000

38 Days on Market

Highlights

  • Additional Residence on Property
  • Enclosed Patio or Porch
  • Shed
  • Property is near park
  • Entrance Foyer
  • Forced Air Heating System

About This Home

As of November 2021

FOREST PARK! LEGAL 4 UNIT PROPERTY WITH 2 1/2 STORY PVC COATED ALUMINUM SIDING FRONT 3 UNIT FRAME APARTMENT BUILDING AND REAR 1 1/2 STORY WOOD SIDING COACH HOUSE 1 UNIT FRAME APARTMENT BUILDING! 2 OUTDOOR PARKING SPOTS, 1 OUTDOOR SHED! FOUNDATION WALL: 2020 NEW BASEMENT FLOOR - NEW UNDERGROUND DRAINAGE SYSTEM, NEW SUBFLOOR, 4" CONCRETE FLOOR, 8" GRAVEL, 3 MIL VAPOR BARRIER, 2 EJECTOR PUMPS, NEW DRAIN, INSULATION, CERAMIC TILE FLOOR, NEW KITCHEN BASE CABINET, NEW KITCHEN GRANITE COUNTERTOPS, 2021 FOUNDATION WALL EXTERIOR PAINTING, 2021 NORTH WALL TUCKPOINTING, EXTERIOR: 2021 NEW WOOD FENCE, 2019 NEW REAR 4" REINFORCED CONCRETE DRIVEWAY, REBARS AND WIREMESH, NEWLY REPLACED WINDOWS, INTERIOR: APT. G KITCHEN - 2021, APT. 1 KITCHEN - 2009, APT. 2 KITCHEN - 2009, COACH HOUSE KITCHEN 2009, ROOF: 2021 NEW FRONT BUILDING AND REAR COACH TOTAL TEAR OFF ROOF, MECHANICAL: 2019 APT. 2 NEW A/C CONDENSOR UNIT, 2020 APT. G FURNACE! PLUMBING: 2019 BATTERY BACKUP AND PUMP SYSTEM, APARTMENT UNIT MIX = FRONT BUILDING HAS 2 - 2 BEDROOM / 1 BATHROOM APARTMENTS AND 1 - 4 BEDROOM / 2 BATHROOM DUPLEX UP APARTMENT! REAR COACH HOUSE HAS 1 - 2 BEDROOM / 1 BATHROOM DUPLEX UP APARTMENT. FRONT BUILDING BUILT 1909! COACH HOUSE BUILT 1929! NEW COPPER PLUMBING AND ELECTRICAL UPDATE AND NEWLY REPLACED WINDOWS AND ROOF! ALL UPDATED KITCHENS HAVE STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, DISHWASHER AND MICROWAVE AND COUNTERTOP LIGHTING! ALL APARTMENTS HAVE WOOD AND TILE FLOORS THROUGHOUT UNITS! UPDATED KITCHEN AND BATHROOM CABINETS WITH GRANITE COUNTERTOPS! FRONT BUILDING UNITS ALL HAVE 2ND EXITS OUT TO ENCLOSED WOOD PORCH TO GROUND FLOOR CONCRETE PATIO! SPACIOUS WOOD PORCH FOR TENANT STORAGE! FRONT BUILDING UNITS ALL HAVE SEPARATE LIVING ROOM AND SEPARATE DINING ROOMS! BEAUTIFULLY REMODELLED BATHROOMS WITH SINK, TOILET AND BATHTUB WITH SHOWER! FRONT BUILDING HAS REAR LOWER LEVEL COIN LAUNDRY ROOM WITH 1 WASHER / 1 DRYER AND PARTIAL STORAGE AND FOLDING TABLE! 1 HOT WATER TANK FOR FRONT 3 APARTMENT UNITS! FRONT BUILDING HAS FRONT PORCH AND SEPARATE FRONT ENTRANCE FOR EACH UNIT! ALL BEDROOMS HAVE CEILING LIGHT FIXTURES, CLOSETS AND WOOD FLOORS! FRONT BUILDING - APT. G, APT. 1 AND APT. 2 HAS CENTRAL HEAT AND CENTRAL A/C SYSTEMS! COACH HOUSE HAS RADIATOR HEAT, BOILER AND HOT WATER TANK AND 2 WALL A/C UNITS AND 1 WINDOW A/C! ALL MECHANICAL, ELECTRICAL AND PLUMBING ARE UP TO BUILDING CODE! FRONT BUILDING HAS 1 EJECTOR PIT WITH 2019 BATTERY BACKUP AND 3 OUTDOOR A/C COMPRESSORS ON CONCRETE PAD! CLOSE TO CTA BLUE LINE AND GREEN TRAIN STATION! CLOSE TO FOREST PARK DOWNTOWN BUSINESS AND SHOPPING DISTRICT. FRONT BUILDING AREA: 3356 SF + COACH HOUSE 2 AREA: 692 SF = BUILDING TOTAL AREA: 4048 SF

Last Agent to Sell the Property

Victor Lopez

Coldwell Banker Realty License #475160647 Listed on: 09/13/2021

Coldwell Banker Realty

Last Buyer's Agent

John Warren

Second City Real Estate License #471020680

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,865

Year Built

  • Built in 1909 | Remodeled in 2012

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 37x167
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Additional Residence on Property
  • Property is near park

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $331
  • Fuel Expense $611
  • Insurance Expense $1,800
  • Maintenance Expense $300
  • Professional Management Expense $600
  • Water Sewer Expense $3,111
  • Gross Income $73,245
  • Net Operating Income $52,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,865

Year Built

Built in 1909 | Remodeled in 2012

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Professional Management Expense: 600
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors
  • Room Type: Enclosed Porch, Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Cathedral Ceilings,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • OtherStructures: Second Residence, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Assigned, Off Alley, Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3111
  • Trash Expense Year: 2020

Schools

  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 37X167
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 52747
  • Fuel Expense: 611
  • Insurance Expense: 1800
  • ElectricExpense: 331
  • GrossIncome: 73245
  • Maintenance Expense: 300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12865
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Victor Lopez
Coldwell Banker Realty
Buyer's Agent
John Warren
Second City Real Estate
Sold Price
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
3%

Purchase Details

Closed on
Dec 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.91%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$400,000 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $461,250
Closed $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $615,000 -5.4% --
10/22/2021 10/22/21 Pending -- -- --
10/14/2021 10/14/21 For Sale -- -- --
10/04/2021 10/04/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $649,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,721 $59,000 $6,262 $52,738
2024 $17,721 $59,000 $6,262 $52,738
2023 $13,899 $59,000 $6,262 $52,738
2022 $13,899 $38,780 $4,070 $34,710
2021 $13,202 $38,779 $4,070 $34,709
2020 $12,865 $38,779 $4,070 $34,709
2019 $14,435 $40,996 $4,070 $36,926
2018 $14,138 $40,996 $4,070 $36,926
2017 $13,827 $40,996 $4,070 $36,926
2016 $11,447 $31,943 $3,757 $28,186
2015 $12,369 $35,065 $3,757 $31,308
2014 $12,136 $35,065 $3,757 $31,308
2013 $13,253 $40,977 $3,757 $37,220
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11217806

Midwest Real Estate Data (MRED)
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