NOT LISTED FOR SALE

Estimated Value: $743,000 - $890,000

5 Beds
3 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold August 12, 2019

Last sale price $621,000

Est. 31% increase in value since last sale

Current estimated payment $5,666/month

27 Days on Market

Highlights

  • Spa
  • 3 Car Detached Garage
  • Home Security System
  • Fenced Yard
  • Porch
  • 3-minute walk to Logan Square Dog Park

About This Home

As of August 2019

Charming 2-flat, owner's unit on 1st floor. 3-bed, 2-bath. Rehabbed recently. Hardwood floors throughout. Beautiful 2nd floor. Income unit is 2-bed, 1-bath, rehabbed with own washer/dryer. Professionally landscaped. Extra wide lot with wonderful light in house. 3-car garage, spa with large enclosed Jacuzzi. Lovely home for owner to occupy or to rent both units for income. Transferrable warranty plan until 2024. Security cameras. In ground sprinkler system in yard.

Last Agent to Sell the Property

Ky Ann Southworth

Berkshire Hathaway HomeServices Chicago License #475138723 Listed on: 05/03/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Brett Sherman

Business Locations Inc. License #475126643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1887 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 37.5 x 126
  • Fenced Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $8,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,243

Year Built

Built in 1887 | Remodeled in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Security System
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Disposal,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch, Hot Tub
  • Foundation Details: Concrete Perimeter
  • List Price: 649000
  • Lot Features: Fenced Yard
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 8741
  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7243
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Chicago Home Flippers Llc
Bought by
Cheng Allan and Park Deborah
Current Estimated Value
$810,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,475
Outstanding Balance
$474,412
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$325,079

Purchase Details

Closed on
Aug 16, 2021
Sold by
Sherman Brett
Bought by
Chicago Home Flippers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,475
Outstanding Balance
$474,412
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$325,079

Purchase Details

Closed on
Aug 12, 2021
Sold by
Chicago Home Flippers Llc
Bought by
Belt Nicholas and Belt Katheryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,475
Outstanding Balance
$474,412
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$325,079

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 17, 2019
Sold by
Scarano Robert J
Bought by
Sherman Brett
Seller's Agent
Ky Ann Southworth
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Brett Sherman
Business Locations Inc.
List Price
$649,000
Sold Price
$621,000
Premium/Discount to List
-$28,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$496,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Scarano Robert J
Bought by
Scarano Robert J and Robert J Scarano Trust

Purchase Details

Closed on
Dec 6, 1995
Sold by
Johnson Fred J and Johnson Susan G
Bought by
Scarano Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,900
Interest Rate
7.45%
Mortgage Type
Commercial
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
Cheng Allan $707,500 Premier Title
Chicago Home Flippers Llc -- Premier Title
Belt Nicholas $667,000 Premier Title
Sherman Brett $621,000 Attorney
Scarano Robert J -- None Available
Scarano Robert J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Allan $516,475
Closed Belt Nicholas $600,300
Previous Owner Sherman Brett $496,800
Previous Owner Scarano Robert J $488,000
Previous Owner Scarano Robert J $30,000
Previous Owner Scarano Robert J $407,000
Previous Owner Scarano Robert J $85,000
Previous Owner Scarano Robert J $390,000
Previous Owner Scarano Robert J $40,000
Previous Owner Scarano Robert J $322,500
Previous Owner Scarano Robert J $64,500
Previous Owner Scarano Robert J $318,750
Previous Owner Scarano Robert J $131,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $621,000 -4.3% --
05/30/2019 05/30/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $649,000 -- --
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
2024 $14,980 $43,143 $15,136 $28,007
2023 $14,601 $70,745 $12,206 $58,539
2022 $14,601 $70,745 $12,206 $58,539
2021 $12,105 $60,000 $23,625 $36,375
2020 $8,489 $37,968 $13,466 $24,502
2019 $7,455 $43,146 $13,466 $29,680
2018 $5,099 $44,088 $13,466 $30,622
2017 $7,243 $33,647 $11,812 $21,835
2016 $5,797 $33,647 $11,812 $21,835
2015 $6,531 $35,639 $11,812 $23,827
2014 $5,171 $32,274 $9,450 $22,824
2013 $5,543 $34,986 $9,450 $25,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10366888

Midwest Real Estate Data (MRED)

APN: 13-25-429-015-0000