NOT LISTED FOR SALE

Estimated Value: $770,000 - $884,000

5 Beds
6 Baths
6,044 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2024

Last sale price $705,000 $117 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,357 / mo

33 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage
  • Entrance Foyer
  • 1-minute walk to Green Briar Park

About This Home

As of September 2024

Building will not pass FHA self-sufficiency test. Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS

Last Agent to Sell the Property

Christina Ezzo

RE/MAX SAWA License #475133513 Listed on: 05/30/2024

Last Buyer's Agent

Mohammed Chowdhury

Equity Market Realty Inc. License #471011421

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,184

Year Built

  • Built in 1928 | Remodeled in 2021

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,621
  • Fuel Expense $2,025
  • Insurance Expense $1,200
  • Water Sewer Expense $1,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,184

Year Built

Built in 1928 | Remodeled in 2021

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch, Foyer
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Window Air Conditioner,Fireplace-Artificial,Fireplace-Wood,Laundry Hook-Up,Range Hood,Hardwood Floors,Walk-In Closet

Exterior Features

  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1510

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Fuel Expense: 2025
  • Insurance Expense: 1200
  • ElectricExpense: 3621
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 9184
  • Tax Year: 2021

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

Listed on
May 30, 2024
Closed on
Sep 4, 2024
Sold by
Bought by
Seller's Agent
Christina Ezzo
RE/MAX SAWA
Buyer's Agent
Mohammed Chowdhury
Equity Market Realty Inc.
List Price
$730,000
Sold Price
$705,000
Premium/Discount to List
-$25,000
-3.42%
Views
27
Current Estimated Value
$827,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Avg. Annual Appreciation
8.76%
Original Mortgage
$423,000
Outstanding Balance
$367,119
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$459,881
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$705,000 Fidelity National Title
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 $423,000
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
09/09/2024 09/09/24 Sold $705,000 +0.7% $117 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $700,000 -2.0% $116 / Sq Ft
06/17/2024 06/17/24 Price Changed $714,000 -0.1% $118 / Sq Ft
06/11/2024 06/11/24 Price Changed $715,000 -2.1% $118 / Sq Ft
05/31/2024 05/31/24 For Sale $730,000 -- $121 / 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 $9,640 $69,001 $11,563 $57,438
2024 $9,640 $69,001 $11,563 $57,438
2023 $9,376 $49,000 $9,375 $39,625
2022 $9,376 $49,000 $9,375 $39,625
2021 $9,184 $49,003 $9,378 $39,625
2020 $8,371 $40,680 $5,625 $35,055
2019 $11,329 $59,818 $5,625 $54,193
2018 $11,137 $59,818 $5,625 $54,193
2017 $11,332 $56,016 $5,000 $51,016
2016 $10,719 $56,016 $5,000 $51,016
2015 $9,784 $56,016 $5,000 $51,016
2014 $8,139 $46,435 $4,687 $41,748
2013 $7,967 $46,435 $4,687 $41,748
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12067313

Midwest Real Estate Data (MRED)

APN: 13-01-401-003-0000

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