NOT LISTED FOR SALE
12 Beds
8 Baths
-- Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: November 8, 2019

Last sale price $810,000

18 Days on Market

About This Home

As of November 2019

4-unit building in A+ location of West Ridge. The building was fully rehabbed in 2014 and no expense was spared. Too many upgrades to list, including new kitchens, granite countertops, hardwood flooring, LED light fixtures, new stainless steel appliance package: Range, Microwave, dishwasher, refrigerator. No deferred maintenance here with laundry, water heaters and forced-air HVAC systems per unit. Three car garage and one exterior parking space. Great investment.

Last Agent to Sell the Property

Lavinia Shimkus

City Habitat Realty LLC License #471012350 Listed on: 09/10/2019

Last Buyer's Agent

Luminita Ispas

Century 21 S.G.R., Inc. License #475113981

Century 21 S.G.R., Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,667

Year Built

  • Built in 1923 | Remodeled in 2014

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $655
  • Insurance Expense $3,015
  • Water Sewer Expense $4,050
  • Gross Income $76,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,667

Year Built

Built in 1923 | Remodeled in 2014

Lot Details

3,920 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 4050

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 33X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 3015
  • ElectricExpense: 655
  • GrossIncome: 76500
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7667
  • Tax Year: 2018
  • 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 10, 2019
Closed on
Nov 8, 2019
Sold by
Bought by
Seller's Agent
Lavinia Shimkus
City Habitat Realty LLC
Buyer's Agent
Luminita Ispas
Century 21 S.G.R., Inc.
List Price
$789,000
Sold Price
$810,000
Premium/Discount to List
$21,000
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Outstanding Balance
$736,194
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2014
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
$430,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2013
Sold by
Bought by

Purchase Details

Listed on
Jun 25, 2012
Closed on
Aug 2, 2012
Sold by
Bought by
Seller's Agent
Richard Wolnik
Riklin Realty
Buyer's Agent
Christian Merdariu
City Habitat Realty LLC
List Price
$214,900
Sold Price
$238,000
Premium/Discount to List
$23,100
10.75%

Purchase Details

Closed on
May 22, 2012
Sold by
Bought by

Purchase Details

Closed on
May 9, 2006
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
$417,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Ridge, IL

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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
$810,000 Citywide Title Corporation
-- Attorney
-- None Available
-- None Available
$238,000 None Available
-- Attorneys Title Guaranty Fun
-- Lawyers
-- --
$217,000 --
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
Open $848,000
Previous Owner $430,000
Previous Owner $417,000
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 Prior Sale
11/08/2019 11/08/19 Sold $810,000 +2.7% --
09/28/2019 09/28/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $789,000 +231.5% --
09/28/2012 09/28/12 Sold $238,000 +10.7% -- View Prior Sale
07/27/2012 07/27/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $214,900 -- --
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 $11,815 $66,469 $10,313 $56,156
2024 $11,815 $66,469 $10,313 $56,156
2023 $11,518 $56,000 $8,250 $47,750
2022 $11,518 $56,000 $8,250 $47,750
2021 $11,261 $56,000 $8,250 $47,750
2020 $7,496 $33,650 $7,012 $26,638
2019 $7,798 $38,813 $7,012 $31,801
2018 $7,667 $38,813 $7,012 $31,801
2017 $8,949 $41,569 $6,187 $35,382
2016 $8,326 $41,569 $6,187 $35,382
2015 $7,617 $41,569 $6,187 $35,382
2014 $6,555 $35,330 $5,775 $29,555
2013 $1,588 $8,730 $5,775 $2,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10513671

Midwest Real Estate Data (MRED)
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