NOT LISTED FOR SALE

2447 W Farwell Ave Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $433,000 - $489,450

3 Beds
2 Baths
1,197 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $300,000 $251 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,821/month

3 Days on Market

Highlights

  • Recreation Room
  • Detached Garage
  • 4-minute walk to Indian Boundary Park
  • Wood Flooring
  • Storage Room

About This Home

As of August 2019

So much potential... so little time! Calling all Investors, Rehabbers, and First Time Buyers! This charming 3 BR/1.1 BA all brick bungalow with 1.5 car garage is situated in a family-friendly neighborhood on a beautiful street lined with stately Chicago Bungalows and expensive gut-rehabbed properties. Clean and bright, the home is definitely livable in its current condition; however it has numerous other possibilities including fixer-upper and flip; rent out as an income property; add a 2nd story; or tear down and build a large custom home. Or, simply the perfect opportunity for any buyer to own in a desirable area at an affordable price and create your own "Dream Home". You will love this vibrant and wonderfully diverse neighborhood with great schools, easy access to transportation, shopping, restaurants and best of all just a 1/2 block from the fabulous new West Ridge Public Library! Note: property being sold "As Is".

Last Agent to Sell the Property

Nancy Perlman

HomeSmart Connect LLC License #475144939 Listed on: 06/27/2019

HomeSmart Connect LLC

Last Buyer's Agent

Michelle Orner

Berkshire Hathaway HomeServices Chicago

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,646

Year Built

  • 1922

Lot Details

  • 2,614

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Recreation Room
  • Storage Room
  • Wood Flooring

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,646

Year Built

1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1197
  • Unfinished Basement Sq Ft: 532
  • Type Detached: 1 Story
  • Estimated Year Built: 1922
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2087
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 19X13, On Level: Walkout Basement
  • Dining Room: Dimensions: 9X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Recreation Room, Storage
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X18, On Level: Walkout Basement
  • Additional Room 2 Name: Storage, Dimensions: 19X15, On Level: Walkout Basement
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 15X11, On Level: Walkout Basement, Flooring: Carpet
  • Estimated Sq Ft: 1197
  • Estimated Total Finished Sq Ft: 1555
  • Basement Sq Ft: 890
  • Basement Finished Sq Ft: 358
  • Main Level Sq Ft: 1197
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Acreage: 0.0694

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25 X 121
  • Parcel Identification Number: 10362300020000

Tax Info

  • Taxes: 4644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 1, 2019
Sold by
Parnaby Mark S and Parnaby Zehro O
Bought by
Kindl Valdez Karrie L
Seller's Agent
Nancy Perlman
HomeSmart Connect LLC
Buyer's Agent
Michelle Orner
Berkshire Hathaway HomeServices Chicago
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$462,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,863
Avg. Annual Appreciation
6.81%
Original Mortgage
$240,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1997
Sold by
Konschnik James R and Seda Ernesto
Bought by
Parnaby Mark S and Parnaby Zehra O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.87%

Purchase Details

Closed on
Apr 19, 1996
Sold by
Bethesda Evangelical Lutheran Church
Bought by
Konschnik James R and Seda Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,505
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1993
Sold by
Shiffer Raymond and Shiffer Ramona
Bought by
Bethesda Evangelical Lutheran Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.92%
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
Kindl Valdez Karrie L $300,000 Ata National Title Group Llc
Parnaby Mark S $101,333 Republic Title Company
Konschnik James R $128,000 --
Bethesda Evangelical Lutheran Church -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kindl Valdez Karrie L $238,000
Previous Owner Kindl Valdez Karrie L $240,000
Previous Owner Parnaby Mark S $144,400
Previous Owner Konschnik James R $127,505
Previous Owner Bethesda Evangelical Lutheran Church $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $300,000 0.0% $251 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $300,000 -- $251 / 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 $3,646 $33,491 $7,563 $25,928
2023 $4,850 $27,000 $6,050 $20,950
2022 $4,850 $27,000 $6,050 $20,950
2021 $4,760 $27,000 $6,050 $20,950
2020 $5,282 $23,711 $4,386 $19,325
2019 $4,569 $26,171 $4,386 $21,785
2018 $4,491 $26,171 $4,386 $21,785
2017 $4,644 $24,950 $3,932 $21,018
2016 $4,497 $24,950 $3,932 $21,018
2015 $4,091 $24,950 $3,932 $21,018
2014 $3,579 $21,859 $3,630 $18,229
2013 $3,497 $21,859 $3,630 $18,229
Source: Public Records

Agents Affiliated with this Home

  • Nancy Perlman

    Seller's Agent in 2019

    Nancy Perlman

    The McDonald Group

    (815) 603-9242

    20 Total Sales

    Nancy Perlman
    Section Image
  • Michelle Orner

    Buyer's Agent in 2019

    Michelle Orner

    Berkshire Hathaway HomeServices Chicago

    (847) 323-7172

    3 in this area

    62 Total Sales

    Michelle Orner
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10432971

Midwest Real Estate Data (MRED)

APN: 10-36-230-002-0000

Illinois Cook County Chicago 60645 West Ridge

2447 W Farwell Ave, Chicago, IL

This home is located at 2447 W Farwell Ave, Chicago, IL 60645 since 27 June 2019 and is currently estimated at $462,863, approximately $386 per square foot. This property was built in 1922. 2447 W Farwell Ave is a home located in Cook County with nearby schools including Mosaic School of Fine Arts, Mather High School, and Bethesda International Academy.

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