NOT LISTED FOR SALE

2878 S Throop St Chicago, IL 60608

Bridgeport Neighborhood

Estimated Value: $587,345 - $616,000

3 Beds
4 Baths
2,728 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $550,000 $202 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,756/month

6 Days on Market

Highlights

  • Rooftop Deck
  • Fenced Yard
  • Brick or Stone Mason
  • Property is near a park
  • 1 Car Attached Garage
  • 4-minute walk to Bosley Park

About This Home

As of March 2024

WALK TO ALL THAT BRIDGEPORT HAS TO OFFER FROM THIS OVERSIZED ONE-OF-A-KIND LIVE/WORK PROPERTY (WOULD ALSO MAKE A GREAT SFH CONVERSION OR CONVERT TO A MORE TRADITIONAL 2 FLAT); BUILDING SPANS ENTIRE CORNER LOT (25X115); FIRST FLOOR FEATURES ENORMOUS OPEN FLOOR PLAN W/ 2 HALF BATHS, KITCHEN AND ACCESS TO FULL PARTIALLY FINISHED BASEMENT; SECOND FLOOR HAS LARGE 3 BED/2 BATH APARTMENT WITH HARDWOOD FLOORING THROUGHOUT; WALK-OUT ROOF DECK (NOT CURRENTLY DECKED); ATTACHED 1 CAR GARAGE PARKING

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 02/20/2024

Compass

Co-Listed By

Samuel Stewart

Compass License #475124825

Last Buyer's Agent

MAUREEN SULLIVAN

Century 21 Circle License #475169435

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,837

Year Renovated

  • 2014

Lot Details

  • Lot Dimensions are 25 x 115
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 4 Bathrooms
  • Dual Sinks
  • Soaking Tub

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Holden Elementary School
  • Tilden Achievement Academy High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • Property is near a park

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,000
  • Insurance Expense $2,750
  • Professional Management Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,837

Year Renovated

2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1000
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Roof Deck, Storms/Screens
  • Foundation Details: Stone
  • Lot Features: Fenced Yard
  • Roof: Asphalt, Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1200
  • Other Expenses $: 0

Schools

  • Elementary School: Holden Elementary School
  • High School: Tilden Achievement Academy High
  • Middle/Junior School: Holden Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 115
  • Zoning: SINGL
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 2750
  • ElectricExpense: 1000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6837.1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 20, 2024
Sold by
Yeh Randy and Yeh Lillian
Bought by
Mack Andrew and Mack Diane
Seller's Agent
Mario Greco
Compass
Buyer's Agent
MAUREEN SULLIVAN
Century 21 Circle
List Price
$549,500
Sold Price
$550,000
Premium/Discount to List
$500
0.09%
Views
43
Current Estimated Value
$603,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,448
Avg. Annual Appreciation
6.05%
Original Mortgage
$440,000
Outstanding Balance
$433,799
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$169,649

Purchase Details

Closed on
Apr 17, 2012
Sold by
Moore David E
Bought by
Kwok Lillian and Yeh Randy

Purchase Details

Closed on
Apr 10, 2012
Sold by
North Star Trust Company
Bought by
Kwok Lillian and Yeh Randy

Purchase Details

Closed on
Apr 22, 2008
Sold by
Moore Thomas K and Wilkens Colleen
Bought by
Park National Bank

Purchase Details

Closed on
Aug 29, 1995
Sold by
Austin Bank Of Chicago
Bought by
Moore David E and Moore Thomas K
Source: Public Records

Range of Values:

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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
Mack Andrew $550,000 None Listed On Document
Kwok Lillian $100,000 Fidelity National Title
Kwok Lillian -- Fidelity National Title
Park National Bank -- None Available
Moore David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Andrew $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $550,000 +0.1% $202 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $549,500 -- $201 / 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 $7,174 $39,000 $14,231 $24,769
2023 $6,993 $34,000 $11,500 $22,500
2022 $6,993 $34,000 $11,500 $22,500
2021 $6,837 $34,000 $11,500 $22,500
2020 $6,429 $28,860 $9,200 $19,660
2019 $6,665 $33,173 $9,200 $23,973
2018 $6,553 $33,173 $9,200 $23,973
2017 $5,939 $27,589 $7,187 $20,402
2016 $5,526 $27,589 $7,187 $20,402
2015 $5,056 $27,589 $7,187 $20,402
2014 $4,732 $25,504 $5,750 $19,754
2013 $4,639 $25,504 $5,750 $19,754
Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2024

    Mario Greco

    Compass

    (773) 255-6562

    4 in this area

    1,050 Total Sales

    Mario Greco
    Section Image
  • Samuel Stewart

    Seller Co-Listing Agent in 2024

    Samuel Stewart

    Compass

    (773) 930-8101

    1 in this area

    33 Total Sales

    Samuel Stewart
    Section Image

  • M

    Buyer's Agent in 2024

    MAUREEN SULLIVAN

    Century 21 Circle

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11978832

Midwest Real Estate Data (MRED)

APN: 17-29-412-063-0000

Illinois Cook County Chicago 60608 Bridgeport

2878 S Throop St, Chicago, IL

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