$560,000
SOLD FEB 3, 2022
7 Beds
3 Baths
2,150 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

31 Days on Market

About This Home

As of February 2022

Property contains (2) 2br/1ba apts & (1) 3br/1ba apartment. All units are separately metered for gas and electric. Zoning cert is for two (2) dwelling units.

Last Agent to Sell the Property

John Preston

Horvath & Tremblay IL, LLC License #475188524 Listed on: 11/29/2021

Last Buyer's Agent

Jeff Wojcik

North Clybourn Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 1913 | Remodeled in 2020

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,813
  • Manager Expense $2,428
  • Professional Management Expense $1,500
  • Water Sewer Expense $971
  • Gross Income $51,120
  • Net Operating Income $38,544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 1913 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1500
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in

Exterior Features

  • List Price: 560000
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Manager Expense: 2428

Fee Information

  • Water Sewer Expenses: 971

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • Net Operating Income: 38544
  • Insurance Expense: 1813
  • GrossIncome: 51120
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5364.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 7, 2022
Sold by
3960 N Elston Llc
Bought by
Wynne Michael F and Wynne Jackalyn
Seller's Agent
John Preston
Horvath & Tremblay IL, LLC
Buyer's Agent
Jeff Wojcik
North Clybourn Group, Inc.
Sold Price
$560,000
Current Estimated Value
$682,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,561
Avg. Annual Appreciation
4.84%
Original Mortgage
$420,000
Outstanding Balance
$393,815
Interest Rate
3.58%
Estimated Equity
$266,818

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 3, 2022
Sold by
3960 N Elston Llc
Bought by
Wynne Michael F and Wynne Jackalyn
Seller's Agent
John Preston
Horvath & Tremblay IL, LLC
Buyer's Agent
Jeff Wojcik
North Clybourn Group, Inc.
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$393,815
Interest Rate
3.58%
Estimated Equity
$266,818

Purchase Details

Closed on
Feb 9, 2018
Sold by
Fuentes John and Manak Katya C
Bought by
Fuentes John and Manak Katya C

Purchase Details

Closed on
Oct 5, 2017
Sold by
Latino Dan
Bought by
3960 N Elston Llc 3000 Addison

Purchase Details

Closed on
Feb 15, 2017
Sold by
Jva Il Llc
Bought by
Latino Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2004
Sold by
Rehani Waleed N and Rehani Sharon J
Bought by
Zmaili Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2000
Sold by
Habash Nicola
Bought by
Rehani Waleed N and Rehani Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 1995
Sold by
Ishag Joseph I and Ishag Laila J
Bought by
Habash Nicola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.76%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $280,000 Fidelity National Title
Warranty Deed $425,000 Heritage Title Company
Warranty Deed $265,000 --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 No Value Available
Previous Owner $325,000 Future Advance Clause Open End Mortgage
Previous Owner $336,000 Commercial
Previous Owner $318,750 Commercial
Previous Owner $198,800 Commercial
Previous Owner $127,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $560,000 0.0% $260 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/27/2021 12/27/21 For Sale -- -- --
12/07/2021 12/07/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $560,000 -- $260 / 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 $6,431 $43,000 $19,666 $23,334
2023 $6,269 $30,373 $15,860 $14,513
2022 $6,269 $30,373 $15,860 $14,513
2021 $6,128 $30,373 $15,860 $14,513
2020 $5,365 $23,998 $6,978 $17,020
2019 $5,497 $27,271 $6,978 $20,293
2018 $5,404 $27,271 $6,978 $20,293
2017 $6,551 $30,333 $6,344 $23,989
2016 $5,594 $30,333 $6,344 $23,989
2015 $5,095 $30,333 $6,344 $23,989
2014 $4,264 $25,468 $5,709 $19,759
2013 $4,169 $25,468 $5,709 $19,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11278135

Midwest Real Estate Data (MRED)

APN: 13-24-127-038-0000