Lisa Magidson
North Clybourn Group, Inc.
(888) 367-2916
143 Total Sales
4 in Garfield Park
$50K - $625K Price Range
3044 W Jackson Blvd Chicago, IL 60612
Garfield Park Neighborhood
5
Beds
4
Baths
--
Sq Ft
2,614
Sq Ft Lot
Highlights
- Enclosed Patio or Porch
- Heating System Uses Steam
- Paved or Partially Paved Lot
- Brick or Stone Mason
About This Home
As of May 2022Located in the heart of rapidly gentrifying East Garfield Park, this extremely well-located and handsome Greystone/brown brick Victorian; featuring two large units (1st Floor is a 2/2 and the 2nd floor is a 3/2), was remodeled and upgraded in 2019 and now offers the astute investor a fully leased, in-place cap rate of 7% with very little required cap-x or management headaches going forward. Alternatively, this property is an excellent candidate for a live-in owner to reside in one unit and have income from the other help cover monthly occupancy costs. The scope of work included: New GFA/ACs, upgraded plumbing, electric and central support beam, posts and footings in the full, unfinished basement, fresh paint, new designer vinyl floors in unit 1 and refinished original HWFs in unit 2, stylish kitchens & baths and in-unit laundry. Need sustenance? Pete's Fresh Market is a 5-minute drive. Need to get to the Loop? The CTA's #126 Jackson bus is at the corner. Need to get out of Dodge? The Eisenhower Expressway is a 1-minute drive!
Last Agent to Sell the Property
Chicago Real Estate Authority License #471011328 Listed on: 03/18/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,282
Year Built
- Built in 1885 | Remodeled in 2020
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 24 x 125
- Paved or Partially Paved Lot
Home Design
- Brick or Stone Mason
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $180
- Insurance Expense $1,200
- Water Sewer Expense $1,380
- Gross Income $33,900
- Net Operating Income $29,100
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
Mar 18, 2022
Closed on
May 26, 2022
Sold by
Bought by
Seller's Agent
Scott Siegel
Chicago Real Estate Authority
Buyer's Agent
Fredy Rodriguez
At Home Realty Partners LLC
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,845
Outstanding Balance
$344,843
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 22, 2018
Closed on
Nov 6, 2018
Sold by
Bought by
Seller's Agent
Angelo Kalaras
SR Realty Group Inc.
Buyer's Agent
Scott Siegel
Chicago Real Estate Authority
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.26%
Original Mortgage
$315,393
Interest Rate
5.62%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 31, 2017
Sold by
Bought by
Purchase Details
Closed on
Jun 18, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.85%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 25, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.58%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Garfield Park, IL
-
Lisa Magidson
-
Nina Gaspich
Nina Gaspich
Century 21 Universal
(888) 619-8756
43 Total Sales
1 in Garfield Park
$95,000 Price
-
Melanie Miller
Melanie Miller
Keller Williams ONEChicago
(312) 779-6603
198 Total Sales
2 in Garfield Park
$470K - $675K Price Range
-
Tina Hollins
Tina Hollins
Coldwell Banker Realty
(773) 570-2696
147 Total Sales
2 in Garfield Park
$525K - $550K Price Range
-
Chris Weichselbaum
Chris Weichselbaum
Fulton Grace Realty
(224) 212-1494
94 Total Sales
1 in Garfield Park
$365,000 Price
-
Jeanine Czerwin
Jeanine Czerwin
Wirtz Real Estate Group Inc.
(708) 571-2864
80 Total Sales
1 in Garfield Park
$400,000 Price
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 |
|---|---|---|---|
| $395,000 | None Listed On Document | ||
| $220,000 | Stewart Title | ||
| -- | Attorney | ||
| $165,000 | Chicago Title Insurance Co | ||
| $329,000 | Multiple |
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 | $367,845 | ||
| Closed | $315,393 | ||
| Previous Owner | $162,011 | ||
| Closed | $263,200 |
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 |
|---|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $395,000 | -1.2% | -- | |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | For Sale | $399,900 | +81.8% | -- | |
| 11/30/2018 11/30/18 | Sold | $220,000 | -4.1% | -- | View Prior Sale |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- | |
| 08/08/2018 08/08/18 | Price Changed | $229,500 | -2.3% | -- | |
| 05/10/2018 05/10/18 | Price Changed | $234,900 | -2.1% | -- | |
| 04/22/2018 04/22/18 | For Sale | $239,900 | -- | -- |
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 | $4,658 | $31,000 | $4,350 | $26,650 |
| 2024 | $4,658 | $31,000 | $4,350 | $26,650 |
| 2023 | $4,540 | $22,000 | $3,525 | $18,475 |
| 2022 | $4,540 | $22,000 | $3,525 | $18,475 |
| 2021 | $4,439 | $22,000 | $3,525 | $18,475 |
| 2020 | $3,202 | $14,327 | $3,525 | $10,802 |
| 2019 | $3,282 | $16,281 | $3,525 | $12,756 |
| 2018 | $2,546 | $16,281 | $3,525 | $12,756 |
| 2017 | $3,243 | $18,388 | $3,150 | $15,238 |
| 2016 | $3,183 | $18,388 | $3,150 | $15,238 |
| 2015 | $2,889 | $18,388 | $3,150 | $15,238 |
| 2014 | $2,631 | $16,747 | $3,000 | $13,747 |
| 2013 | $2,568 | $16,747 | $3,000 | $13,747 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Siegel
Seller's Agent in 2022
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
4 in this area
49 Total Sales
-
Fredy Rodriguez
Buyer's Agent in 2022
Fredy Rodriguez
At Home Realty Partners LLC
(773) 458-3769
1 in this area
9 Total Sales
-
A
Seller's Agent in 2018
Angelo Kalaras
SR Realty Group Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11351149
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
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