NOT LISTED FOR SALE

250 E 115th St Chicago, IL 60628

Roseland Neighborhood

Estimated Value: $113,000 - $282,000

3 Beds
3 Baths
3,376 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $101,500 $30 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,170/month

36 Days on Market

About This Home

As of March 2024

Large and rare two unit and it is located on a nice block with ample rear parking. Great schools, transportation and shopping are nearby. This investment building features a former storefront with kitchen and bath on the first floor...easily converted to a residential unit and a three bedroom apartment with large kitchen and two baths on the second floor. There's individual heat, a full basement and low taxes! This building is priced to sell and has tons of potential. Lot/room sizes estimated. CASH DEALS ONLY!

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 10/18/2023

Last Buyer's Agent

Keith Martin

Kale Realty License #475147275

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1916

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,512

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

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

Lot Info

  • Lot Dimensions: 2500
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1512.44
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 16, 2024
Sold by
Lsf10 Master Participation Tr
Bought by
Wardell & Keith Properties Llc
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Keith Martin
Kale Realty
List Price
$89,900
Sold Price
$101,500
Premium/Discount to List
$11,600
12.9%
Views
72
Current Estimated Value
$197,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,000
Avg. Annual Appreciation
44.45%
Original Mortgage
$205,920
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 23, 2022
Sold by
Intercounty Judicial Sales Corporation
Bought by
Lsf1o Master Participation Trust

Purchase Details

Closed on
Jan 31, 2008
Sold by
Ligas Jacek
Bought by
White Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2005
Sold by
Klejka Bogdan and Borzecki Franciszek
Bought by
Ligas Jacek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2003
Sold by
Powell Victor
Bought by
Bogdan Klejka and Borzecki Franciszer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wardell & Keith Properties Llc $101,500 First American Title
Lsf1o Master Participation Trust -- Lappe Frederick S
White Margaret L $278,000 Ticor Title Insurance Co
Ligas Jacek $195,000 Cti
Bogdan Klejka $55,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wardell & Keith Properties Llc $205,920
Previous Owner White Margaret L $222,400
Previous Owner Ligas Jacek $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $101,500 +12.9% $30 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $89,900 -- $27 / 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 $1,586 $14,500 $1,500 $13,000
2023 $1,547 $7,500 $2,375 $5,125
2022 $1,547 $7,500 $2,375 $5,125
2021 $1,512 $7,500 $2,375 $5,125
2020 $2,213 $9,910 $1,625 $8,285
2019 $2,295 $11,391 $1,625 $9,766
2018 $2,256 $11,391 $1,625 $9,766
2017 $2,814 $13,045 $1,500 $11,545
2016 $2,619 $13,045 $1,500 $11,545
2015 $2,573 $14,008 $1,500 $12,508
2014 $2,506 $13,473 $1,250 $12,223
2013 $2,456 $13,473 $1,250 $12,223
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gary Weglarz

    Applebrook Realty Inc

    (773) 779-8500

    30 in this area

    385 Total Sales

    Gary Weglarz
    Section Image
  • Keith Martin

    Buyer's Agent in 2024

    Keith Martin

    Kale Realty

    (773) 918-5118

    1 in this area

    47 Total Sales

    Keith Martin
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11912020

Midwest Real Estate Data (MRED)

APN: 25-22-121-005-0000

Illinois Cook County Chicago 60628 Roseland

250 E 115th St, Chicago, IL

Not Listed for Sale

MultiFamily

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