NOT LISTED FOR SALE

3045 S Archer Ave Chicago, IL 60608

Bridgeport Neighborhood

Estimated Value: $517,000 - $1,064,000

7 Beds
4 Baths
-- Sq Ft
2,396 Sq Ft Lot

Sale Details

Date Sold: April 17, 2018

Last sale price $350,000

Est. 126% increase in value since last sale

Current estimated payment $4,786 / mo

43 Days on Market

About This Home

As of April 2018

Newly rehabbed all brick two units in ideal location near Hwy 55 & CTA el station. Both units with Central air and Central heat, newer roof and most windows, walkout full cement basement. Separate gas, electric, and laundry facilities! CCTV on 2nd floor. 1st floor as residential now but zoned commercial and 2nd floor is residential.

Last Agent to Sell the Property

Rowena Cheng

Richland Global Inc License #475135022 Listed on: 01/18/2018

Last Buyer's Agent

Rowena Cheng

Richland Global Inc License #475135022 Listed on: 01/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,344

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 24 x100
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,344

Year Built

Built in 1901

Lot Details

2,396 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Range Hood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 24 X100
  • Zoning: COMMR
  • 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: 6344.4
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 17, 2018
Sold by
He Kaixuan
Bought by
Bq Properties Llc
Seller's Agent
Rowena Cheng
Richland Global Inc
Buyer's Agent
Rowena Cheng
Richland Global Inc
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$790,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,500
Avg. Annual Appreciation
10.73%

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 22, 2014
Sold by
Chicago Title Land Trust Company
Bought by
He Kaixuan
Seller's Agent
Nicole Pusateri
Bricks Realty LLC
Buyer's Agent
Mona Jee
RE/MAX Premier
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
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
Bq Properties Llc $350,000 First American Title
He Kaixuan $200,000 Chicago Title Land Trust Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2018 04/17/18 Sold $350,000 0.0% --
03/02/2018 03/02/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $350,000 -12.3% --
01/18/2018 01/18/18 For Sale $399,000 +99.5% --
08/04/2014 08/04/14 Sold $200,000 -20.0% -- View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $249,900 -- --
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 $6,330 $33,864 $11,880 $21,984
2024 $6,330 $33,864 $11,880 $21,984
2023 $6,170 $30,000 $9,600 $20,400
2022 $6,170 $30,000 $9,600 $20,400
2021 $6,033 $30,000 $9,600 $20,400
2020 $6,882 $30,891 $7,680 $23,211
2019 $7,134 $35,507 $7,680 $27,827
2018 $7,014 $35,507 $7,680 $27,827
2017 $6,044 $28,076 $6,000 $22,076
2016 $5,623 $28,076 $6,000 $22,076
2015 $5,145 $28,076 $6,000 $22,076
2014 $4,664 $25,137 $4,800 $20,337
2013 $4,572 $25,137 $4,800 $20,337
Source: Public Records

Agents Affiliated with this Home

  • Rowena Cheng

    Seller's Agent in 2018

    Rowena Cheng

    Richland Global Inc

    (312) 600-7128

    5 in this area

    49 Total Sales

    Rowena Cheng
    Section Image
  • Nicole Pusateri

    Seller's Agent in 2014

    Nicole Pusateri

    Bricks Realty LLC

    (312) 545-1690

    24 in this area

    46 Total Sales

    Nicole Pusateri
    Section Image
  • Mona Jee

    Buyer's Agent in 2014

    Mona Jee

    RE/MAX

    (773) 550-6689

    1 in this area

    41 Total Sales

    Mona Jee
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09835751

Midwest Real Estate Data (MRED)

APN: 17-29-320-003-0000

Illinois Cook County Chicago 60608 Bridgeport

3045 S Archer 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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