NOT LISTED FOR SALE

3018 W Devon Ave Chicago, IL 60659

West Ridge Neighborhood

Estimated Value: $1,150,780

14 Beds
10 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold June 19, 2015

Last sale price $700,000

Est. 64% increase in value since last sale

Current estimated payment $7,770/month

14 Days on Market

About This Home

As of June 2015

Strong investment with great potential .Excellent opportunity for investors .Long term tenants .Well maintained property in great location. Easy to lease .Conveniently located near public transportation.

Last Agent to Sell the Property

Mirela Dulu

Cagan's Realty, Inc. License #471017902 Listed on: 03/06/2015

Last Buyer's Agent

Mirela Dulu

Cagan's Realty, Inc. License #471017902 Listed on: 03/06/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 6,229

Community Details

  • Fuel Expense $11,931
  • Insurance Expense $5,518

Listing and Financial Details

  • Tenant pays for electric, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

6,229 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 43933
  • Scavenger Expense: 919
  • Total Annual Exp: 34487
  • Total Annual Income: 78710
  • Total Monthly Income: 6535
  • Number Of Stories: 2
  • Estimated Year Built: 1968
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1968

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 5100

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 537

Lot Info

  • Lot Dimensions: 6,254
  • Parcel Identification Number: 10363230170000

Rental Info

  • Gross Rental Income: 78420
  • Tenant Pays: Electric, Water/Sewer

Multi Family

  • Fuel Expense: 11931
  • Gross Rent Multiplier: 11
  • Insurance Expense: 5518

Tax Info

  • Taxes: 10126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
3018 W Devon Llc
Bought by
Congregation Shaarei Tfilo Bnei Ruven Nsach H
Current Estimated Value
$1,150,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,494
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Parkway Bank And Trust Co
Bought by
3018 W Devon Llc

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 15, 2015
Sold by
Siddiqui Llc Series 3018 W Devon
Bought by
Parkway Bank T/U/T #15457
Seller's Agent
Mirela Dulu
Cagan's Realty, Inc.
Buyer's Agent
Mirela Dulu
Cagan's Realty, Inc.
List Price
$900,000
Sold Price
$700,000
Premium/Discount to List
-$200,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$580,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2007
Sold by
Siddiqui Llc
Bought by
Siddiqui Llc Series 3018 W Devon

Purchase Details

Closed on
Feb 8, 2006
Sold by
Albany Bank & Trust Co Na
Bought by
Siddiqui Llc

Purchase Details

Closed on
Feb 19, 1998
Sold by
Katten Eamnuel M and Cabana Carbana R
Bought by
Albany Bank & Trust Company Na and Trust #11-5385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 1996
Sold by
Cabana Richard and Cabana Carmen
Bought by
Cabana Richard
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
Congregation Shaarei Tfilo Bnei Ruven Nsach H -- Fidelity National Title
3018 W Devon Llc -- None Available
Parkway Bank T/U/T #15457 $700,000 Chicago Title Insurance Co
Siddiqui Llc Series 3018 W Devon -- None Available
Siddiqui Llc -- None Available
Albany Bank & Trust Company Na $395,000 --
Cabana Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Congregation Shaarei Tfilo Bnei Ruven Nsach H $814,494
Previous Owner Parkway Bank T/U/T #15457 $580,000
Previous Owner Albany Bank & Trust Company Na $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $700,000 -22.2% --
03/20/2015 03/20/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $900,000 -- --
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 $20,605 -- -- --
2024 $20,605 $135,200 $28,125 $107,075
2023 $21,355 $89,032 $10,469 $78,563
2022 $21,355 $89,032 $10,469 $78,563
2021 $21,087 $89,030 $10,468 $78,562
2020 $21,617 $83,278 $10,468 $72,810
2019 $19,602 $83,278 $10,468 $72,810
2018 $18,986 $83,278 $10,468 $72,810
2017 $17,161 $70,000 $9,531 $60,469
2016 $15,914 $70,000 $9,531 $60,469
2015 $14,198 $70,000 $9,531 $60,469
2014 $10,779 $52,621 $9,531 $43,090
2013 $10,127 $52,621 $9,531 $43,090
Source: Public Records

Agents Affiliated with this Home

  • Mirela Dulu

    Seller's Agent in 2015

    Mirela Dulu

    Cagan's Realty, Inc.

    (847) 980-7268

    12 Total Sales

    Mirela Dulu
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08854961

Midwest Real Estate Data (MRED)

APN: 10-36-323-017-0000

Illinois Cook County Chicago 60645 West Ridge

3018 W Devon Ave, 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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