NOT LISTED FOR SALE

2800 S Chicago Ave South Milwaukee, WI 53172

Drexel Highlands Neighborhood

Estimated Value: $319,154

-- Bed
-- Bath
2,750 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $248,500 $90 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,939/month

7 Days on Market

About This Home

As of May 2022

Mixed-Use! This is a fantastic opportunity to buy a home and/or rental property, and a fully-furnished, turnkey business, all in one! In addition to the nail salon, there is a 1-BR unit on the main level and a 3-BR unit upstairs. Extremely convenient, high-visibility location right across the street from McDonald's, Pick 'n Save & more! Sellers have been running a successful business here for 15 yrs, but health challenges necessitate this sale. This bldg has been meticulously maintained & updated during their ownership, and pretty much EVERYTHING you see in the photos is incl. with this sale--from the fixtures to the furniture to most of the appliances, even the towels and the hundreds of bottles of nail polish! Step right into your new home &/or business &/or investment property!

Last Agent to Sell the Property

Cheryl Bennet

Lannon Stone Realty LLC License #56086-90 Listed on: 03/15/2022

Last Buyer's Agent

Cheryl Bennet

Lannon Stone Realty LLC License #56086-90 Listed on: 03/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1954

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 4 Car Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,576

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Most furniture, appliances, and nail salon products, as pictured, including but not limited to 4 nail staitions, 3 pedicure chairs, all supplies, reception desk, art, furniture in 3 BR unit, 3 refrigerators, 1 stove (upper), 2 washers, 1 dryer, shed
  • Directions: north of Drexel, across the street from McDonald's.
  • New Construction: No
  • Year Built: 1954
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2800 S Chicago Ave
  • Lot Acreage: 0.11
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2750.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: None, 4 Car
  • Garage Spaces: 4.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

  • Zoning: C2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 4576.0

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 3, 2022
Sold by
Tran Thanh and Tran Nga
Bought by
Seoud Tamer and Swanson Joy
Seller's Agent
Cheryl Bennet
Lannon Stone Realty LLC
Buyer's Agent
Cheryl Bennet
Lannon Stone Realty LLC
List Price
$248,500
Sold Price
$248,500
Current Estimated Value
$319,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,654
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Sep 21, 2015
Sold by
Tran Trinh T
Bought by
Tran Thanh and Tran Nga

Purchase Details

Closed on
Sep 26, 2013
Sold by
Tran Thanh and Tran Nga
Bought by
Tran Trinh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Sheridan Aldona
Bought by
Tran Thanh and Tran Nga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seoud Tamer $248,500 --
Tran Thanh -- Attorney
Tran Trinh T $140,000 None Available
Tran Thanh $122,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Trinh T $140,000
Previous Owner Tran Thanh $167,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $248,500 0.0% $90 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $248,500 -- $90 / Sq Ft
Source: Metro MLS

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 $3,125 $215,700 $37,400 $178,300
2023 $4,697 $215,700 $37,400 $178,300
2022 $4,705 $215,700 $37,400 $178,300
2021 $4,576 $150,000 $34,000 $116,000
2020 $4,520 $150,000 $34,000 $116,000
2019 $4,434 $150,000 $34,000 $116,000
2018 $4,292 $150,000 $34,000 $116,000
2017 $4,230 $150,000 $34,000 $116,000
2016 $3,728 $150,000 $34,000 $116,000
2015 $3,749 $150,000 $34,000 $116,000
2014 $3,659 $150,000 $34,000 $116,000
2013 $4,186 $150,000 $34,000 $116,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cheryl Bennet

    Lannon Stone Realty LLC

    (414) 405-9305

    2 in this area

    85 Total Sales

    Cheryl Bennet
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Map

Source: Metro MLS

MLS Number: 1783453

Metro MLS

APN: 777-0014-001

Wisconsin Milwaukee County South Milwaukee 53172 Drexel Highlands

2800 S Chicago Ave, South Milwaukee, WI

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