Seller's Agent in 2020
Ted Mortellaro
Baird & Warner
(773) 793-0313
104 Total Sales
3119 S Lowe Ave Chicago, IL 60616
Bridgeport NeighborhoodEstimated Value: $622,441 - $865,000
4
Beds
2
Baths
2,348
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Deck
- Property is near a park
- 2 Car Detached Garage
- Healy Elementary School Rated 9+
- Den
- 1-minute walk to Humbert Park
About This Home
As of May 2020Incredible, rare opportunity to own with this immaculately cared for brick 2 flat in amazing Bridgeport location on Lowe Avenue. First floor is owner-occupied, original details were lovingly restored and maintain a sense of character and charm that is very hard to find. Gorgeous original oak doors, moldings, trim work and Original fireplace mantles plus Hardwood floors throughout both units. Both units feature two bed/1 bath layout with dens and each have beautifully updated kitchen with thoughtful design. Master bedroom also features charming den, great for office or dressing room or child's playroom. Stunningly beautiful Second floor unit is rented below market. Big private decks on both levels overlook spacious yard and large 2 car garage. Separate heating and electric for each unit with Second floor also features forced heat/air. The location is perfect with easy walk Halsted, 31st, Morgan and 35th, everything that Bridgeport offers and only 2 blocks to Healy Elementary. This home is move-in perfect with nothing to do. Full, dry basement with great height with all steel construction support is perfect for duplexing down. Below market rent pro forma closer to $32K a year with low expenses makes this a great investment or live in and have tenants pay most of your expenses.
Last Agent to Sell the Property
Baird & Warner License #475155325 Listed on: 04/08/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,541
Year Renovated
- 2009
Lot Details
- 3,136
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Den
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
Additional Features
- Deck
- Lot Dimensions are 25 x 125
- Property is near a park
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,263
- Maintenance Expense $350
- Water Sewer Expense $1,258
- Gross Income $13,440
- Net Operating Income $10,269
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2020
Closed on
May 26, 2020
Sold by
Kusta Maria Dimas and Dimas Family Trust
Bought by
Finegold Andrew Z and Weber Claudia
Seller's Agent
Ted Mortellaro
Baird & Warner
Buyer's Agent
Bohdan Gorczynski
Berkshire Hathaway HomeServices Chicago
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,860
Avg. Annual Appreciation
5.12%
Original Mortgage
$350,000
Outstanding Balance
$313,922
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$371,984
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Finegold Andrew Z | $525,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Finegold Andrew Z | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2020 05/26/20 | Sold | $525,000 | 0.0% | $224 / Sq Ft |
| 04/11/2020 04/11/20 | Pending | -- | -- | -- |
| 04/08/2020 04/08/20 | For Sale | $525,000 | -- | $224 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,061 | $50,000 | $17,031 | $32,969 |
| 2023 | $9,786 | $51,000 | $13,750 | $37,250 |
| 2022 | $9,786 | $51,000 | $13,750 | $37,250 |
| 2021 | $9,586 | $51,000 | $13,750 | $37,250 |
| 2020 | $7,399 | $33,214 | $13,750 | $19,464 |
| 2019 | $7,670 | $38,178 | $13,750 | $24,428 |
| 2018 | $7,541 | $38,178 | $13,750 | $24,428 |
| 2017 | $7,609 | $35,347 | $10,937 | $24,410 |
| 2016 | $7,080 | $35,347 | $10,937 | $24,410 |
| 2015 | $6,477 | $35,347 | $10,937 | $24,410 |
| 2014 | $5,632 | $30,357 | $9,375 | $20,982 |
| 2013 | $5,521 | $30,357 | $9,375 | $20,982 |
Source: Public Records
Agents Affiliated with this Home
-
Ted Mortellaro
-
Kristine Daley
Seller Co-Listing Agent in 2020
Kristine Daley
Baird & Warner
(312) 965-7578
1 in this area
38 Total Sales
-
Bohdan Gorczynski
Buyer's Agent in 2020
Bohdan Gorczynski
Berkshire Hathaway HomeServices Chicago
(312) 893-1364
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10686285
APN: 17-33-103-012-0000
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