NOT LISTED FOR SALE

2802 N Rutherford Ave Chicago, IL 60634

Montclare Neighborhood
11 Beds
8 Baths
-- Sq Ft
6,410 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $870,000

63 Days on Market

About This Home

As of March 2022

Brick 8 unit building with a brick 2 car garage and fenced yard. 3 two bedroom and 6 one bedroom apartments. They have spacious kitchens with room for a dining table. All units have big rooms with original hardwood floors. Recent updates include 2020 roof, water heater (few years old). All m-to-m leases. Long time tenants. Partially finished basement with storage for tenants. PLEASE SEE AGENT REMARKS BEFORE SCHEDULING A SHOWING.

Last Agent to Sell the Property

Bogdan Sokolowski

arhome realty License #471000690 Listed on: 12/30/2021

arhome realty

Last Buyer's Agent

Simon Enwia

Flawless Homes License #471021611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,849

Year Built

  • Built in 1968

Lot Details

  • 6,410 Sq Ft Lot
  • Lot Dimensions are 51 x 125

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $759
  • Fuel Expense $4,543
  • Insurance Expense $4,282
  • Trash Expense $3,207
  • Water Sewer Expense $5,539
  • Operating Expense $18,330
  • Gross Income $96,300
  • Net Operating Income $88,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,849

Year Built

Built in 1968

Lot Details

6,410 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 11
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished
  • Fireplaces: 1
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: None On Site
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3207
  • Water Sewer Expenses: 5539

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 51 X 125
  • Lot Size Sq Ft: 6410
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 88410
  • Fuel Expense: 4543
  • Insurance Expense: 4282
  • ElectricExpense: 759
  • GrossIncome: 96300
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 18330
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13849
  • Tax Year: 2020

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
Dec 30, 2021
Closed on
Mar 28, 2022
Sold by
Bought by
Seller's Agent
Bogdan Sokolowski
arhome realty
Buyer's Agent
Simon Enwia
Flawless Homes
Sold Price
$870,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
0.0376%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bought by
Source: Public Records
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

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
$580,000 Saturn Title
-- None Available
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 $485,000
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
03/31/2022 03/31/22 Sold $870,000 -8.3% --
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale -- -- --
02/27/2022 02/27/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $949,000 -- --
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 $16,826 $75,900 $19,871 $56,029
2024 $16,826 $75,900 $19,871 $56,029
2023 $16,403 $79,750 $11,538 $68,212
2022 $16,403 $79,750 $11,538 $68,212
2021 $16,037 $79,749 $11,538 $68,211
2020 $13,849 $62,169 $11,538 $50,631
2019 $12,491 $62,169 $11,538 $50,631
2018 $10,190 $51,587 $11,538 $40,049
2017 $7,670 $35,630 $10,095 $25,535
2016 $6,521 $32,558 $10,095 $22,463
2015 $7,338 $40,045 $10,095 $29,950
2014 $7,255 $39,103 $10,095 $29,008
2013 $8,414 $46,265 $10,095 $36,170
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11295831

Midwest Real Estate Data (MRED)

APN: 13302240370000

Your Personal Tour Guide

Ask me questions while you tour the home.