NOT LISTED FOR SALE

3112 S Giles Ave Chicago, IL 60616

The Gap Neighborhood

Estimated Value: $413,000 - $727,000

3 Beds
3 Baths
2,000 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $85,000 $42 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $3,019/month

13 Days on Market

About This Home

As of October 2012

GREAT POTENTIAL IN THIS BANK-OWNED BRICK BUILDING*SINGLE FAMILY HOME TURNED INTO A TWO-UNIT, CURRENTLY SET UP AS 1ST FLOOR STUDIO AND 2ND FLOOR DUPLEX UP*NEEDS SUBSTANTIAL WORK, INTERIOR AND EXTERIOR*LOCATED IN THE DESIRABLE GAP AREA OF HISTORIC BRONZEVILLE, CLOSE TO 31ST HARBOR, EXPRESSWAYS, DOWNTOWN, LSD, US CELLULAR, IIT, SOLD AS-IS, NO SURVEY, NO DISCLOSURES, B OF A PREQUAL OR PROOF OF FUNDS REQUIRED W/ OFFERS

Last Agent to Sell the Property

Jill Hare

Jameson Sotheby's Intl Realty License #475130581 Listed on: 08/22/2012

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Alicja Koszyk

arhome realty License #475137318

arhome realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,014

Lot Details

  • 2,004

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,014

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat, Converted Residence
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Row House
  • Special Features: 20

Interior Features

  • Number Of Rooms: 7
  • Bedrooms All Levels: 3

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 2000

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2
  • Half Bathsin Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 9, 2012
Sold by
Bank Of America Na
Bought by
Szydlowski Arthur
Seller's Agent
Jill Hare
Jameson Sotheby's Intl Realty
Buyer's Agent
Alicja Koszyk
arhome realty
List Price
$84,000
Sold Price
$85,000
Premium/Discount to List
$1,000
1.19%
Current Estimated Value
$496,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,829
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Feb 20, 2012
Sold by
Millhouse Bryan
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 18, 2008
Sold by
Lewis Cydney
Bought by
Millhouse Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 2004
Sold by
Lewis Todd P
Bought by
Lewis Cydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
10.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1999
Sold by
American National Bank & Trust Company
Bought by
Lewis Todd P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Szydlowski Arthur $85,000 Parks Title
Bank Of America Na -- None Available
Millhouse Bryan $325,000 Multiple
Lewis Cydney -- Citywide Title Corporation
Lewis Todd P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millhouse Bryan $308,750
Previous Owner Lewis Cydney $195,000
Previous Owner Lewis Todd P $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2012 10/30/12 Sold $85,000 0.0% $43 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/28/2012 08/28/12 Off Market $85,000 -- --
08/22/2012 08/22/12 For Sale $84,000 -- $42 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $5,014 $39,000 $8,700 $30,300
2023 $4,865 $27,000 $7,000 $20,000
2022 $4,865 $27,000 $7,000 $20,000
2021 $4,774 $27,000 $7,000 $20,000
2020 $4,369 $22,713 $6,000 $16,713
2019 $4,326 $24,960 $6,000 $18,960
2018 $4,817 $27,820 $6,000 $21,820
2017 $3,876 $21,382 $5,000 $16,382
2016 $3,782 $21,382 $5,000 $16,382
2015 $3,437 $21,382 $5,000 $16,382
2014 $3,599 $19,400 $4,000 $15,400
2013 $4,004 $22,014 $4,000 $18,014
Source: Public Records

Agents Affiliated with this Home

  • Jill Hare

    Seller's Agent in 2012

    Jill Hare

    Jameson Sotheby's Intl Realty

    (312) 560-2617

    74 Total Sales

    Jill Hare
    Section Image

  • A

    Buyer's Agent in 2012

    Alicja Koszyk

    arhome realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08145650

Midwest Real Estate Data (MRED)

APN: 17-34-104-019-0000

Illinois Cook County Chicago 60616 The Gap

3112 S Giles Ave, Chicago, IL

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