NOT LISTED FOR SALE

2701 W Thomas St Chicago, IL 60622

Humboldt Park Neighborhood

Estimated Value: $813,000 - $1,113,108

9 Beds
6 Baths
2,568 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $800,000 $312 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,046/month

79 Days on Market

Highlights

  • Brownstone
  • 3 Car Attached Garage
  • 1-minute walk to SinoJ Park
  • Deck

About This Home

As of October 2019

Bring your contractor to this Jumbo brick 3-flat (~1700sqft/level) and oversized brick 3-car garage. 12ft ceilings, metal balconies, unfinished basement. Ready for remodel. Plans and permits available. Building is currently gutted. Awesome exposed brick make this potential for loft style project as well. So much potential! Apartments, condos, luxury single family home. You decide! Short walk to Humboldt Park, Division Street and buses. Near trains and highway.

Last Agent to Sell the Property

Steven Katz

@properties Christie's International Real Estate License #475118836 Listed on: 06/25/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Tyson Schutz

The Apartment Source License #471020066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1898

Lot Details

  • 3,920

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brownstone
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,362

Year Built

Built in 1898

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Brownstone
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 849000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3906
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3361.65
  • Tax Year: 2018

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Oct 30, 2019
Sold by
Slater Brian
Bought by
2701 W Thomas Llc
Seller's Agent
Steven Katz
@properties Christie's International Real Estate
Buyer's Agent
Tyson Schutz
The Apartment Source
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Current Estimated Value
$967,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,369
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Perry Matthew
Bought by
Slater Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 1998
Sold by
Banco Popular
Bought by
Perry Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 1995
Sold by
Pioneer Bank & Trust Company
Bought by
Pioneer Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
9.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 1994
Sold by
Sheahan Michael F
Bought by
Pioneer Bank & Trust Company
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
2701 W Thomas Llc $800,000 Chicago Title
Slater Brian $960,000 Attorneys Title Guaranty Fun
Perry Matthew $120,000 --
Pioneer Bank & Trust Company $55,000 --
Pioneer Bank & Trust Company -- Land Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slater Brian $720,000
Previous Owner Perry Matthew $179,500
Previous Owner Pioneer Bank & Trust Company $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $800,000 0.0% $312 / Sq Ft
09/10/2019 09/10/19 Off Market $800,000 -- --
06/25/2019 06/25/19 For Sale $849,000 -- $331 / Sq Ft
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 $11,004 $63,528 $21,874 $41,654
2023 $12,383 $52,000 $17,577 $34,423
2022 $12,383 $60,206 $17,577 $42,629
2021 $12,107 $60,206 $17,577 $42,629
2020 $3,412 $15,316 $9,960 $5,356
2019 $3,419 $17,018 $9,960 $7,058
2018 $3,362 $17,018 $9,960 $7,058
2017 $7,549 $38,442 $8,788 $29,654
2016 $7,199 $38,442 $8,788 $29,654
2015 $6,564 $38,442 $8,788 $29,654
2014 $5,435 $31,861 $7,812 $24,049
2013 $5,316 $31,861 $7,812 $24,049
Source: Public Records

Agents Affiliated with this Home

  • Steven Katz

    Seller's Agent in 2019

    Steven Katz

    @ Properties

    (312) 961-8589

    77 Total Sales

    Steven Katz
    Section Image
  • Tyson Schutz

    Buyer's Agent in 2019

    Tyson Schutz

    The Apartment Source

    (708) 769-0279

    1 in this area

    15 Total Sales

    Tyson Schutz
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10429563

Midwest Real Estate Data (MRED)

APN: 16-01-408-028-0000

Illinois Cook County Chicago 60622 Humboldt Park

2701 W Thomas St, Chicago, IL

This home is located at 2701 W Thomas St, Chicago, IL 60622 since 25 June 2019 and is currently estimated at $967,369, approximately $376 per square foot. This property was built in 1898. 2701 W Thomas St is a home located in Cook County with nearby schools including Chopin Elementary School, Clemente Community Academy High School, and Acero - Esmera Santiago Elementary School.

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