NOT LISTED FOR SALE

2939 W Walnut St Chicago, IL 60612

Garfield Park Neighborhood

Estimated Value: $420,715 - $517,000

3 Beds
2 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold April 18, 2016

Last sale price $70,000

Est. 541% increase in value since last sale

Current estimated payment $2,869/month

14 Days on Market

About This Home

As of April 2016

Brick Building, previously an SRO. However, "highest and best" use would be a Single family home having a winding Staircase at the entry with an in law plan in the basement level. Currently a month to month watch person in the basement level. Garage can accommodate up to 4 Cars, Sold "AS-IS", Needs rehab. Investor or family home. Subject to Court Approval.

Last Agent to Sell the Property

Winifred Ihejirika

Winifred N Ihejirika License #471013346 Listed on: 07/09/2015

Last Buyer's Agent

Sarah Frier

LivingRoom Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1885

Lot Details

  • 3,746

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 124

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,112

Year Built

Built in 1885

Lot Details

3,746 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: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 124
  • Zoning: MULTI
  • 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: 3112.45
  • Tax Year: 2013

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Apr 15, 2016
Sold by
Hinton Ruth G
Bought by
Krause David Christopher
Seller's Agent
Winifred Ihejirika
Winifred N Ihejirika
Buyer's Agent
Sarah Frier
LivingRoom Realty Inc.
List Price
$77,000
Sold Price
$70,000
Premium/Discount to List
-$7,000
-9.09%
Current Estimated Value
$448,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,679
Avg. Annual Appreciation
20.51%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Hinton Ruth G
Bought by
Hinton Emmitt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krause David Christopher -- None Available
Hinton Emmitt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2016 04/18/16 Sold $70,000 -9.1% --
07/23/2015 07/23/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $77,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $5,649 $34,000 $5,398 $28,602
2024 $5,649 $34,000 $5,398 $28,602
2023 $5,485 $30,001 $4,375 $25,626
2022 $5,485 $30,001 $4,375 $25,626
2021 $5,380 $29,999 $4,374 $25,625
2020 $2,698 $15,174 $4,374 $10,800
2019 $3,399 $16,860 $4,374 $12,486
2018 $3,341 $16,860 $4,374 $12,486
2017 $4,081 $18,893 $3,909 $14,984
2016 $3,784 $18,893 $3,909 $14,984
2015 $3,462 $18,893 $3,909 $14,984
2014 $3,175 $17,113 $3,723 $13,390
2013 $3,112 $17,113 $3,723 $13,390
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Winifred Ihejirika

    Winifred N Ihejirika

    Section Image

  • S

    Buyer's Agent in 2016

    Sarah Frier

    LivingRoom Realty Inc.

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08977200

Midwest Real Estate Data (MRED)

APN: 16-12-314-006-0000

Illinois Cook County Chicago 60612 Garfield Park

2939 W Walnut St, Chicago, IL

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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