NOT LISTED FOR SALE
6 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

About This Home

Great Opportunity to Generate Income on this Incredible Recently Rehabbed 2 Flat with 3 Bedrooms in both Units ! Newer Drywall - Newer Roof - Newer Plumbing - Newer Seperate Heating - Newer Siding - Newer Kitchens and Baths ! Rent out Both Or Live in One and Let the other pay your Mortgage ! Fantastic Opportunity - You could Not Rehab a Building like this for this price !! Priced to Move !

Last Agent to Sell the Property

Michael Montalbano

Montalbano & Associates License #471001852 Listed on: 10/18/2013

Last Buyer's Agent

Dick Barr

Dick Barr Group, Inc.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1895

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,088

Year Built

Built in 1895

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2087.65
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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 18, 2013
Closed on
Dec 27, 2013
Sold by
Illinois Land Investment Inc
Bought by
Seller's Agent
Michael Montalbano
Montalbano & Associates
Buyer's Agent
Dick Barr
Dick Barr Group, Inc.
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Cpr Development Llc
Bought by
Illinois Land Investment Inc

Purchase Details

Closed on
Dec 12, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Cpr Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
3.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2007
Sold by
Chacon Wilfredo
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Dec 16, 2005
Sold by
Paredes Jorge
Bought by
Chacon Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
10.55%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2004
Sold by
U S Bank Na
Bought by
River Group Inc

Purchase Details

Closed on
Mar 17, 2004
Sold by
Lee Anthony
Bought by
U S Bank Na and Csfb Heat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2004
Sold by
River Group Inc
Bought by
Paredes Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2002
Sold by
Qureshi Iftikar
Bought by
Lee Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
10.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2001
Sold by
First Bank National Assn
Bought by
Qureshi Iftikhar

Purchase Details

Closed on
Oct 17, 2000
Sold by
Chandler Merrillyn
Bought by
First Bank National Assn
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$62,000 None Available
Illinois Land Investment Inc $6,500 Alliance Title Corporation
Cpr Development Llc $25,000 Ticor
Deutsche Bank National Trust Co -- None Available
Chacon Wilfredo $210,000 Tristar Title Llc
River Group Inc $68,000 First American Title Ins Co
U S Bank Na -- --
Paredes Jorge $170,000 Tristar Title Llc
Lee Anthony $89,000 --
Qureshi Iftikhar $30,500 --
First Bank National Assn -- --
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
Previous Owner $18,750
Previous Owner Chacon Wilfredo $168,000
Previous Owner Paredes Jorge $153,000
Previous Owner Lee Anthony $80,100
Source: Public Records

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 $2,004 $8,700 $2,344 $6,356
2024 $2,004 $8,700 $2,344 $6,356
2023 $1,954 $9,500 $3,125 $6,375
2022 $1,954 $9,500 $3,125 $6,375
2021 $1,910 $9,500 $3,125 $6,375
2020 $1,890 $8,482 $3,125 $5,357
2019 $1,959 $9,750 $3,125 $6,625
2018 $1,926 $9,750 $3,125 $6,625
2017 $2,977 $13,827 $2,812 $11,015
2016 $2,769 $13,827 $2,812 $11,015
2015 $2,534 $13,827 $2,812 $11,015
2014 $1,877 $10,115 $2,187 $7,928
2013 $2,116 $11,634 $2,187 $9,447
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08470005

Midwest Real Estate Data (MRED)
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