NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,411,942

6 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $810,000

Est. 34% increase in value since last sale

Current estimated payment $8,125/month

4 Days on Market

Highlights

  • Gated Community
  • 4-minute walk to Diversey Station
  • Traditional Architecture
  • Alcott Elementary School Rated A-
  • Property is near a park
  • 2-minute walk to Wiggly Field Dog Park

About This Home

As of December 2020

ALCOTT SCHOOL DISTRICT!! BRING YOUR ARCHITECT/CONTRACTOR/DESIGNER TO THIS EAST LINCOLN PARK 3-FLAT WALKING DISTANCE TO THE LAKE, DEPAUL, PARKS, RETAIL & RESTAURANTS ON A 25 X 125 RT4 LOT AND RENOVATE FOR INCREDIBLE CASH FLOW OR REDEVELOP TO CONDOS; CURRENTLY 3 LARGE UNITS MIXED AS 2BED/1BATH, 3BED/1BATH & 1BED/1BATH WITH TALL CEILINGS, HARDWOOD FLOORS, SEPARATE DINING ROOMS & EAT-IN KITCHENS W/PRIVATE OUTDOOR DECKS; EACH UNIT HAS SEPARATE UTILITIES & INDIV GAS-FORCED HEAT, A/C & H20; FULL BASEMENT W/LAUNDRY; AMPLE YARD SPACE & 3-CAR PARKING!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 10/19/2020

Compass

Co-Listed By

Cyrus Seraj

Compass License #471003244

Last Buyer's Agent

Kevin Bigoness

Baird & Warner License #475158125

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,288

Year Renovated

  • 2000

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Whirlpool Bathtub

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Alcott Elementary School
  • Lincoln Park High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Additional Features

  • Porch
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Building Details

  • Electric Expense $600
  • Insurance Expense $2,400
  • Water Sewer Expense $1,800
  • Gross Income $85,200
  • Net Operating Income $65,112

Additional Features

  • 3 Units
  • Common Area
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,288

Year Renovated

2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Foyer
  • Basement Description: Unfinished,Exterior Access
  • Bathroom Amenities: Whirlpool,Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Wood,Hardwood Floors,Skylights/Windows,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 849500
  • Lot Features: Common Grounds, Fenced Yard
  • OtherStructures: None
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • Elementary School: Alcott Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Alcott Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 65112
  • Insurance Expense: 2400
  • ElectricExpense: 600
  • GrossIncome: 85200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,1 Story Unit/s

Tax Info

  • Tax Annual Amount: 15288.15
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Bcdp Wilton Property Llc
Bought by
Rosenfeld Jeremy Martin and Lehr Alexandra
Current Estimated Value
$1,087,736

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 3, 2020
Sold by
Oh Scott J and Oh Irene
Bought by
Bcdp Wilton Properties Llc
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Kevin Bigoness
Baird & Warner
List Price
$849,500
Sold Price
$810,000
Premium/Discount to List
-$39,500
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$648,000
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 20, 1998
Sold by
Stevens Richard James and Skeens Robert N
Bought by
Oh Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1995
Sold by
First Bank & Trust Company
Bought by
Skeens Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Rosenfeld Jeremy Martin $799,000 --
Bcdp Wilton Properties Llc $810,000 Chicago Title
Oh Scott J $362,000 --
Skeens Robert N -- Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bcdp Wilton Properties Llc $648,000
Previous Owner Oh Sott J $273,000
Previous Owner Oh Scott J $420,000
Previous Owner On Scott J $100,000
Previous Owner Oh Scott J $420,000
Previous Owner Oh Scott J $400,000
Previous Owner Oh Scott J $325,000
Previous Owner Skeens Robert N $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $810,000 -4.6% --
10/23/2020 10/23/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $849,500 -- --
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 $26,373 $117,490 $28,481 $89,009
2023 $56,110 $124,997 $22,969 $102,028
2022 $56,110 $272,800 $46,875 $225,925
2021 $11,039 $54,896 $46,875 $8,021
2020 $15,253 $71,570 $22,500 $49,070
2019 $15,288 $79,523 $22,500 $57,023
2018 $16,680 $87,875 $22,500 $65,375
2017 $13,134 $64,386 $20,000 $44,386
2016 $13,216 $68,484 $20,000 $48,484
2015 $13,238 $74,865 $20,000 $54,865
2014 $9,329 $52,847 $16,875 $35,972
2013 $9,133 $52,847 $16,875 $35,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10910504

Midwest Real Estate Data (MRED)

APN: 14-29-412-052-0000