NOT LISTED FOR SALE

Estimated Value: $348,016 - $394,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 27, 2018

Last sale price $220,000

Est. 70% increase in value since last sale

Current estimated payment $2,643/month

15 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Forced Air Heating System
  • Den
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of November 2018

Investment property in the quaint railroad town of West Chicago. Legal non-conforming 2-flat in East Washington Historic District. Strong rental history for over 20 years! First-floor unit is 1 BR, 1 bath, LR/DR combo, kitchen. New carpet. Second/third floor unit is a recently remodeled 3 BR, 1 bath with separate living & dining rooms, kitchen and den/office. Both units have refrigerator, stove, washer and dryer. Extremely well maintained; roof and new windows throughout in 2012; porch 2014; back steps 2013; kitchen up 2016. Two furnaces; separate gas meters. Current tenants wish to remain.

Last Agent to Sell the Property

Eileen Price

RE/MAX Excels License #475094442 Listed on: 10/01/2018

RE/MAX Excels

Last Buyer's Agent

Scott Gettleman

Keller Williams North Shore West License #475151395

Keller Williams North Shore West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 1898 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 134x100x94x24
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Den
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Schools

  • Turner Elementary School
  • Leman Middle School
  • Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,800
  • Net Operating Income $14,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,634

Year Built

Built in 1898 | Remodeled in 2016

Lot Details

6,534 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Den
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Stone
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 10868

Schools

  • Elementary School: TURNER ELEMENTARY SCHOOL
  • High School: COMMUNITY HIGH SCHOOL
  • Middle/Junior School: LEMAN MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 134X100X94X24
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 14932
  • GrossIncome: 25800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6634
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 27, 2018
Sold by
Deutsch Charles P
Bought by
Latifi Albano and Garcia Vanessa Torres
Seller's Agent
Eileen Price
RE/MAX Excels
Buyer's Agent
Scott Gettleman
Keller Williams North Shore West
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Current Estimated Value
$374,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,004
Avg. Annual Appreciation
7.50%
Original Mortgage
$208,000
Outstanding Balance
$185,285
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$188,719

Purchase Details

Closed on
Nov 20, 2014
Sold by
Deutsch Charles P
Bought by
Deutsche Jr Charles P and Charles P Deutsch Jr Living Trust
Source: Public Records
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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
Latifi Albano $220,000 Fidelity National Title
Deutsche Jr Charles P -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latifi Albano $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $220,000 -6.3% --
10/16/2018 10/16/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $234,900 -- --
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
2024 $7,731 $94,983 $29,223 $65,760
2023 $7,304 $86,750 $26,690 $60,060
2022 $7,026 $80,230 $24,950 $55,280
2021 $6,762 $76,910 $23,920 $52,990
2020 $6,626 $74,570 $23,190 $51,380
2019 $6,430 $71,010 $22,080 $48,930
2018 $6,770 $66,990 $20,830 $46,160
2017 $6,634 $63,650 $19,790 $43,860
2016 $6,484 $59,340 $18,450 $40,890
2015 $6,392 $54,930 $17,080 $37,850
2014 $6,270 $53,470 $16,580 $36,890
2013 $6,330 $55,430 $17,190 $38,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10099870

Midwest Real Estate Data (MRED)

APN: 04-10-111-001

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