NOT LISTED FOR SALE

2502 S Spaulding Ave Chicago, IL 60623

Little Village Neighborhood
4 Beds
2 Baths
1,408 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: February 29, 2024

Last sale price $180,000 $128 Per Sq Ft

17 Days on Market

About This Home

As of February 2024

MULTIPLE OFFERS RECIEVED HIGHEST & BEST DUE MONDAY 01/08/24 Fantastic investment opportunity! This 2-unit multi-family property boasts great potential with solid bones, offering a canvas for your personal touch. Ideal for savvy investors seeking a project with promising returns. Don't miss the chance to transform this diamond in the rough into a lucrative investment - a true gem awaiting your vision!

Last Agent to Sell the Property

Mimi Luna

Luxe Group Real Estate License #471020116 Listed on: 12/20/2023

Luxe Group Real Estate

Co-Listed By

Aminah Yassin

Luxe Group Real Estate License #475187231

Last Buyer's Agent

Sergio Sandoval

Dream House Real Estate License #471020158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,749

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • 10,890 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,749

Lot Details

0.25 Acres

Listing Details

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

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: .25
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2748.9
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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

Closed on
Dec 4, 2023
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
$171,000
Interest Rate
0.0675%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$180,000 None Listed On Document
$56,333 Attorneys Natl Title Network
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 $232,804
Previous Owner $171,000
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
02/29/2024 02/29/24 Sold $180,000 -5.2% $128 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $189,900 -- $135 / Sq Ft
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 $2,887 $19,000 $4,531 $14,469
2024 $2,887 $19,000 $4,531 $14,469
2023 $2,793 $17,000 $3,672 $13,328
2022 $2,793 $17,000 $3,672 $13,328
2021 $2,749 $16,999 $3,671 $13,328
2020 $1,667 $10,585 $3,671 $6,914
2019 $1,784 $12,309 $3,671 $8,638
2018 $1,753 $12,309 $3,671 $8,638
2017 $2,202 $13,602 $3,281 $10,321
2016 $2,224 $13,602 $3,281 $10,321
2015 $2,012 $13,602 $3,281 $10,321
2014 $1,891 $12,761 $3,125 $9,636
2013 $1,843 $12,761 $3,125 $9,636
Source: Public Records

Agents Affiliated with this Home

  • Mimi Luna

    Seller's Agent in 2024

    Mimi Luna

    Luxe Group Real Estate

    (312) 900-6649

    3 in this area

    138 Total Sales

    Mimi Luna
    Section Image
  • Aminah Yassin

    Seller Co-Listing Agent in 2024

    Aminah Yassin

    Luxe Group Real Estate

    (312) 900-6649

    3 in this area

    69 Total Sales

    Aminah Yassin
    Section Image
  • Sergio Sandoval

    Buyer's Agent in 2024

    Sergio Sandoval

    Dream House Real Estate

    (773) 592-4667

    4 in this area

    71 Total Sales

    Sergio Sandoval
    Section Image
  • Claudia Ortiz

    Buyer Co-Listing Agent in 2024

    Claudia Ortiz

    United Real Estate - Chicago

    (312) 659-8868

    2 in this area

    51 Total Sales

    Claudia Ortiz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11946640

Midwest Real Estate Data (MRED)

APN: 16262290230000

Illinois Cook County Chicago 60623 Little Village

2502 S Spaulding Ave, 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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