NOT LISTED FOR SALE

2501 N Halsted St Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $2,128,000 - $2,444,000

9 Beds
8 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $1,775,000

Est. 28% increase in value since last sale

Current estimated payment $15,564/month

Highlights

  • 2 Car Attached Garage
  • Alcott Elementary School Rated A-
  • 3-minute walk to Park West Park

About This Home

As of June 2021

The subject property consists of three condo quality apartments and one commercial space on the first floor. The apartments feature hardwood floors, in-unit laundry, stainless steel appliances, quartz countertops, private balconies, and floor-to-ceiling windows. There are garage spaces available for rent. The first floor is currently vacant so it is perfect for an owner user. The subject property is steps from the Chicago Transit Authority's (CTA) 8 bus, and a seven-minute walk to CTA's Fullerton Red & Brown Line train stop.

Last Agent to Sell the Property

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 11/23/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Carrie McCormick

@properties Christie's International Real Estate License #475123706 Listed on: 11/23/2020

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,652

Year Built

  • Built in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $494
  • Fuel Expense $94
  • Insurance Expense $3,500
  • Trash Expense $1,555
  • Water Sewer Expense $1,126
  • Gross Income $163,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,652

Year Built

Built in 2016

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: 2016
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Oven/Built-in
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Oven/Built-in

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Trash Expense: 1555
  • Water Sewer Expenses: 1126

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: None

Multi Family

  • Fuel Expense: 94
  • Insurance Expense: 3500
  • ElectricExpense: 494
  • GrossIncome: 163596
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 38651.52
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jun 9, 2021
Sold by
2501 N Halsted Llc
Bought by
Altgeld Halsted Llc
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$1,775,000
Sold Price
$1,775,000
Current Estimated Value
$2,264,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,648
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,100,000
Outstanding Balance
$175,325
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$2,089,323

Purchase Details

Closed on
Jan 31, 2017
Sold by
2501 N Halsted Llc
Bought by
2501 N Halsted Llc

Purchase Details

Listed on
Jan 15, 2013
Closed on
Feb 28, 2014
Sold by
Flood Elizabeth
Bought by
2501 N Halsted Llc
Seller's Agent
David Coupe
Sperry Van Ness
Buyer's Agent
David Coupe
Sperry Van Ness
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Warner Roy L
Bought by
Warner Roy L

Purchase Details

Closed on
Feb 16, 1999
Sold by
Warner Roy Lee
Bought by
Warner Roy L and Roy L Warner Declaration Of Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Altgeld Halsted Llc $1,775,000 Freedom Title Corporation
2501 N Halsted Llc $2,050,000 None Available
2501 N Halsted Llc $625,000 Chicago Title Insurance Co
Warner Roy L -- --
Warner Roy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altgeld Halsted Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $1,775,000 0.0% --
06/09/2021 06/09/21 Sold $1,775,000 +184.0% --
02/28/2014 02/28/14 Sold $625,000 -16.7% -- View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
01/14/2013 01/14/13 For Sale $750,000 -- --
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 $44,519 $175,000 $46,935 $128,065
2023 $43,399 $211,000 $37,800 $173,200
2022 $43,399 $211,000 $37,800 $173,200
2021 $42,430 $211,000 $37,800 $173,200
2020 $38,999 $175,065 $22,680 $152,385
2019 $38,652 $192,380 $22,680 $169,700
2018 $42,777 $216,557 $22,680 $193,877
2017 $39,717 $184,500 $20,160 $164,340
2016 $3,155 $15,750 $15,750 $0
2015 $2,886 $15,750 $15,750 $0
2014 $2,542 $13,702 $13,702 $0
2013 $2,492 $13,702 $13,702 $0
Source: Public Records

Agents Affiliated with this Home

  • Carrie McCormick

    Seller's Agent in 2021

    Carrie McCormick

    @ Properties

    (312) 961-4612

    34 in this area

    718 Total Sales

    Carrie McCormick
    Section Image

  • D

    Seller's Agent in 2014

    David Coupe

    Sperry Van Ness

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11119696

Midwest Real Estate Data (MRED)

APN: 14-28-311-021-0000

Illinois Cook County Chicago 60614 Lincoln Park

2501 N Halsted St, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes