NOT LISTED FOR SALE

2501 N Austin Ave Chicago, IL 60639

Belmont Central Neighborhood

Estimated Value: $62,000 - $500,000

5 Beds
4 Baths
-- Sq Ft
0.65 Acres

Last Sold March 15, 2016

Last sale price $140,000

Est. 90% increase in value since last sale

Current estimated payment $1,489/month

28 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Riis (Jacob) Park

About This Home

As of March 2016

Case#137-282008. Multifamily home, 3 flat, with one extra living space, possibly a 4 flat, other Parcel ID 13294160210000, not guarantee of the legality of all units, with private yard and detached 2 car garage. HUD HOME SOLD AS IS WITHOUT ANY GUARANTEE OR WARRANTY BY SELLER. UN-INSURED HUD HOME. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. BUYER RESPONSIBLE FOR ANY CITY LIENS/VIOLATIONS IF ANY.

Last Agent to Sell the Property

Jason Shapiro

RISING REALTY LLC License #471007942 Listed on: 01/22/2016

Last Buyer's Agent

Anna Saenz

Absolute Realty Source Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1911

Lot Details

  • 0.65

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Additional Parcels

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,406

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 158000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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: Yes
  • Lot Dimensions: 3100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3405.82
  • Tax Year: 2014

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 10, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Fernandez Vicente
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Anna Saenz
Absolute Realty Source Corp.
List Price
$158,000
Sold Price
$140,000
Premium/Discount to List
-$18,000
-11.39%
Current Estimated Value
$265,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,329
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Sandoval
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

Range of Values:

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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
Fernandez Vicente -- Attorney
The Secretary Of Housing & Urban Develop -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Nelson M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $140,000 -11.4% --
02/19/2016 02/19/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $158,000 -- --
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 $898 $5,252 $5,252 --
2023 $876 $4,259 $4,259 --
2022 $876 $4,259 $4,259 $0
2021 $856 $4,258 $4,258 $0
2020 $695 $3,122 $3,122 $0
2019 $627 $3,122 $3,122 $0
2018 $617 $3,122 $3,122 $0
2017 $611 $2,839 $2,839 $0
2016 $569 $2,839 $2,839 $0
2015 $520 $2,839 $2,839 $0
2014 $474 $2,555 $2,555 $0
2013 $465 $2,555 $2,555 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jason Shapiro

    RISING REALTY LLC

    31 Total Sales

    Jason Shapiro
    Section Image
  • Anna Saenz

    Buyer's Agent in 2016

    Anna Saenz

    Absolute Realty Source Corp.

    (708) 275-4358

    9 Total Sales

    Anna Saenz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09121719

Midwest Real Estate Data (MRED)

APN: 13-29-416-021-0000

Illinois Cook County Chicago 60639 Belmont Central

2501 N Austin Ave, Chicago, IL

This home is located at 2501 N Austin Ave, Chicago, IL 60639 since 22 January 2016 and is currently estimated at $265,329. This property was built in 1911. 2501 N Austin Ave is a home located in Cook County with nearby schools including Prieto Math-Science Elementary School, Steinmetz College Prep, and Horizon Science Academy-Belmont.

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