NOT LISTED FOR SALE

Estimated Value: $1,542,000 - $3,058,541

4 Beds
2 Baths
1,970 Sq Ft
$1,168/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2019

Last sale price $875,000 $444 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $17,376 / mo

41 Days on Market

Highlights

  • Queen Anne Architecture
  • Forced Air Heating System
  • Fenced
  • Alcott Elementary School Rated A-
  • Multiple Water Heaters
  • 3-minute walk to Park West Park

About This Home

As of September 2019

DEVELOPERS & BUYERS LOOKING FOR AN EXCEPTIONAL OPPORTUNITY TO BUILD A SINGLE FAMILY HOME OR FOUR-UNIT HIGHEND CONDOMINIUM ON A 50' x 105'. OR TWO BUILDINGS ON TWO SINGLE LOTS (SOLD IN CONJUNCTION WITH 2668 N BURLING) CURRENTLY BOTH UNITS ARE OCCUPPIED BY TENANTS. THIS CAN CONTINUE DURING CONSTRUCTION PLANNING PHASE (BY TENANT OR CURRENT OWNER). DEFINITELY A TEARDOWN TO MAXIMIZE RETURN. SEE MLS LISTINGS FOR 2668 & 2672 FOR CONTIGUOUS PROPERTIES ALSO BEING SOLD. DRIVE BY. NEED PRIOR DAY NOTICE FOR SHOWINGS.

Last Agent to Sell the Property

Peter Tortorello

Berkshire Hathaway HomeServices Chicago License #475106743 Listed on: 06/14/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Curtis Crotty

Compass License #475179945

Compass
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,539

Year Built

  • Built in 1891

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 105
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Queen Anne Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

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

Schools

  • Alcott Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Mechanical Septic System
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,539

Year Built

Built in 1891

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne
  • New Construction: No
  • Year Built: 1891
  • 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: Cellar, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, CO Detectors, Multiple Water Heaters
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial,Hardwood Floors

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Septic-Mechanical, Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Schools

  • Elementary School: Alcott Elementary School
  • High School: Lincoln Park High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 105
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 34800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 11538.92
  • Tax Year: 2017
  • Tax Exemptions: None

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
Nov 19, 2020
Sold by
2668 70 N Burling St Llc
Bought by
Current Estimated Value
$2,281,624

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 9, 2019
Sold by
Tocalis Thomas R
Bought by
2668 70 Burling St Llc
Seller's Agent
Peter Tortorello
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Curtis Crotty
Compass
List Price
$1,100,000
Sold Price
$875,000
Premium/Discount to List
-$225,000
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$3,197,809
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2017
Sold by
Tocalis Thomas R
Bought by
Tocalis Thomas R and The Thomas R Tocalis Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lincoln Park, IL

See All Agents

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
$2,265,000 Proper Title Llc
2668 70 Burling St Llc $875,000 Ata Gmt Title Agency
Tocalis Thomas R -- Attorney
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
Previous Owner $3,197,809
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
09/27/2019 09/27/19 Sold $875,000 -20.5% $444 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $1,100,000 -- $558 / 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 $58,164 $285,210 $49,290 $235,920
2024 $58,164 $285,210 $49,290 $235,920
2023 $56,700 $275,670 $39,750 $235,920
2022 $56,700 $275,670 $39,750 $235,920
2021 $55,435 $275,670 $39,750 $235,920
2020 $12,869 $57,770 $19,080 $38,690
2019 $12,636 $62,893 $19,080 $43,813
2018 $12,423 $62,893 $19,080 $43,813
2017 $11,539 $53,602 $16,960 $36,642
2016 $10,736 $53,602 $16,960 $36,642
2015 $9,822 $53,602 $16,960 $36,642
2014 $8,851 $47,702 $14,310 $33,392
2013 $8,676 $47,702 $14,310 $33,392
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10416455

Midwest Real Estate Data (MRED)

APN: 14-28-302-022-0000

Your Personal Tour Guide

Ask me questions while you tour the home.