Michael Kozuchowski
Century 21 S.G.R., Inc.
(872) 250-5498
55 Total Sales
3 in Armour Square
$315K - $510K Price Range
3032 S Wells St Chicago, IL 60616
Armour Square Neighborhood
4
Beds
2
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of November 2022Multi-unit investment property with 2 units in prime Armour Square / Bridgeport location close to IIT, I-90/I-94, public transportation, Chinatown, restaurants, shopping, Sox Park and more! $46,200 annual rent potential and 6.5% cap rate! Unit 1 is currently owner occupied. Unit 2 is currently tenant occupied with a MTM lease. Building also offers newer 2 car garage currently being used by the owner but can be leased out for additional income. Ideal rental investment opportunity due to proximity to IIT campus and high rental demand in area, or live in 1 unit and let tenants pay your mortgage!
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,401
Year Built
- Built in 1890 | Remodeled in 2015
Lot Details
- 3,049
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 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 25 x 129
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $1,965
- Fuel Expense $4,323
- Insurance Expense $1,600
- Water Sewer Expense $1,200
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
Oct 3, 2022
Closed on
Nov 11, 2022
Sold by
Bought by
Seller's Agent
Christina Corso
Compass
Buyer's Agent
Darell Powell-Lee
Re-CHRG Inc
List Price
$450,000
Sold Price
$450,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
5.99%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 8, 2015
Closed on
Oct 21, 2015
Sold by
Bought by
Seller's Agent
Alice Tse
Landmark & Property Group, Inc
Buyer's Agent
William Fong
Richland Properties and Homes
List Price
$339,000
Sold Price
$336,000
Premium/Discount to List
-$3,000
-0.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Purchase Details
Closed on
Nov 20, 2014
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2014
Sold by
Bought by
Purchase Details
Closed on
Jun 7, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Armour Square, IL
-
Michael Kozuchowski
-
Mario Zelaya
Mario Zelaya
eXp Realty
(844) 909-1323
46 Total Sales
1 in Armour Square
$160,000 Price
-
Evan Peng
Evan Peng
Landmark Property Group Realty, LLC
(877) 589-9448
157 Total Sales
5 in Armour Square
$469K - $1.2M Price Range
-
Cinny Chui
Cinny Chui
Century 21 Realty Associates
(888) 255-3717
47 Total Sales
3 in Armour Square
$237K - $675K Price Range
-
Kim Kelly
Kim Kelly
Responds QuicklyCompass
(331) 244-0285
72 Total Sales
1 in Armour Square
$699,900 Price
-
Michael Michalak
Michael Michalak
Responds QuicklyRE/MAX 10 Lincoln Park
(866) 875-2484
125 Total Sales
2 in Armour Square
$425K - $480K Price Range
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 |
|---|---|---|---|
| $450,000 | Citywide Title | ||
| $336,000 | Chicago Title Land Trust Co | ||
| $149,000 | Chicago Title Trust | ||
| $75,000 | Cti | ||
| -- | -- |
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 | $25,219 | ||
| Closed | $15,917 | ||
| Previous Owner | $441,849 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $450,000 | 0.0% | -- | |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- | |
| 10/03/2022 10/03/22 | For Sale | $450,000 | +33.9% | -- | |
| 10/29/2015 10/29/15 | Sold | $336,000 | -0.9% | -- | View Prior Sale |
| 09/21/2015 09/21/15 | Pending | -- | -- | -- | |
| 09/08/2015 09/08/15 | For Sale | $339,000 | -- | -- |
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 | $7,385 | $40,000 | $17,031 | $22,969 |
| 2024 | $7,385 | $40,000 | $17,031 | $22,969 |
| 2023 | $7,199 | $35,000 | $13,750 | $21,250 |
| 2022 | $7,199 | $35,000 | $13,750 | $21,250 |
| 2021 | $7,038 | $35,000 | $13,750 | $21,250 |
| 2020 | $5,401 | $24,245 | $13,750 | $10,495 |
| 2019 | $5,599 | $27,868 | $13,750 | $14,118 |
| 2018 | $5,505 | $27,868 | $13,750 | $14,118 |
| 2017 | $6,374 | $29,610 | $10,937 | $18,673 |
| 2016 | $5,931 | $29,610 | $10,937 | $18,673 |
| 2015 | $5,426 | $29,610 | $10,937 | $18,673 |
| 2014 | $4,670 | $25,170 | $9,375 | $15,795 |
| 2013 | $4,578 | $25,170 | $9,375 | $15,795 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Corso
Seller's Agent in 2022
Christina Corso
Compass
(815) 922-0459
1 in this area
24 Total Sales
-
Darell Powell-Lee
Buyer's Agent in 2022
Darell Powell-Lee
Re-CHRG Inc
(646) 235-6094
1 in this area
12 Total Sales
-
A
Seller's Agent in 2015
Alice Tse
Landmark & Property Group, Inc
-
William Fong
W
Buyer's Agent in 2015
William Fong
Richland Properties and Homes
(630) 701-4294
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11643942
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 238 W 31st St Unit 4W
- 2918 S Wells St
- 2924 S Princeton Ave
- 2904 S Wells St
- 2925 S Shields Ave
- 2841 S Wells St Unit 1W
- 3110-3118 S Shields Ave
- 334 W 29th St
- 3017 S Canal St
- 3231 S Shields Ave
- 2738 S Wentworth Ave Unit 5F
- 3232 S Shields Ave
- 2734 S Wentworth Ave Unit PS38
- 2734 S Wentworth Ave Unit 311
- 2805 S Stewart Ave
- 3154 S Canal St
- 2631 S Shields Ave
- 460 W 28th Place
- 3241 S Parnell Ave
- 513 W 28th Place
- 3025 S Wells St
- 3027 S Wells St
- 3031 S Wells St
- 3033 S Wells St
- 3035 S Wells St
- 3013 S Wells St Unit 3
- 3013 S Wells St Unit 2
- 3009 S Wells St
- 3026 S Wells St
- 3022 S Wells St
- 3028 S Wells St
- 3007 S Wells St
- 3016 S Wells St Unit 3
- 3032 S Wells St Unit I
- 3018 S Wells St
- 3030 S Wells St
- 222 W 31st St
- 222 W 31st St Unit 3R
- 222 W 31st St Unit 3F
- 222 W 31st St Unit 2F
Your Personal Tour Guide
Ask me questions while you tour the home.