NOT LISTED FOR SALE

3148 S Millard Ave Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $247,000 - $344,624

5 Beds
2 Baths
798 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $289,000 $362 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,955/month

About This Home

As of August 2021

Check out this beautifully remodeled 2 Unit. This charming building is located on a nice size lot that includes a privacy fence. Each unit offers a beautiful kitchen with stainless steel appliances, granite countertops and an open concept. The 1st floor unit has 3 bedrooms with laundry hook up. The 2nd Floor unit has 2 bedrooms. New furnace, new electric water heater, new windows, life proof sterling oak vinyl floors, newer roof. Nothing left to do but move in! Close to highway, public transportation and minutes to downtown. Take advantage of owning this cash flowing investment property. Schedule your showing today!

Last Agent to Sell the Property

Martha Mendoza Gutierrez

Realty of America, LLC License #475181131 Listed on: 08/07/2021

Realty of America, LLC

Last Buyer's Agent

Cynthia Meza

Realty of America, LLC License #475181757

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1910 | Remodeled in 2021

Lot Details

  • 3,049

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • 3,049 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,319

Year Built

Built in 1910 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 289000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2319.11
  • Tax Year: 2019

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Aug 24, 2021
Sold by
Morales Investors And Const Llc Rho
Bought by
Ornelas Wa Martha A Cruz
Seller's Agent
Martha Mendoza Gutierrez
Realty of America, LLC
Buyer's Agent
Cynthia Meza
Realty of America, LLC
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$300,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,656
Avg. Annual Appreciation
0.80%

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 26, 2021
Sold by
Bmo Harris Bank Na
Bought by
Morales Investors & Construction Llc
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Alexandra Botiz
Coldwell Banker Realty
List Price
$60,000
Sold Price
$75,000
Premium/Discount to List
$15,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2584.54%

Purchase Details

Closed on
Apr 8, 2019
Sold by
Lydon John and Estrada Frank P
Bought by
Bmo Harris Bank N A

Purchase Details

Closed on
Jul 30, 2002
Sold by
Hud
Bought by
Estrada Frank

Purchase Details

Closed on
Nov 2, 2000
Sold by
Reyes
Bought by
Hud

Purchase Details

Closed on
Apr 16, 1998
Sold by
Chavez Gumaro
Bought by
Reyes Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ornelas Wa Martha A Cruz $289,000 Fidelity National Title
Morales Investors & Construction Llc $75,000 None Available
Bmo Harris Bank N A -- None Available
Estrada Frank -- Stewart Title
Hud -- --
Reyes Tammy $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrada Frank $100,000
Previous Owner Reyes Tammy $70,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $289,000 0.0% $362 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $289,000 +285.3% $362 / Sq Ft
03/30/2021 03/30/21 Sold $75,000 +25.0% $94 / Sq Ft
03/19/2021 03/19/21 For Sale $60,000 0.0% $75 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $60,000 -- $75 / 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 $3,798 $28,300 $4,531 $23,769
2023 $3,702 $18,000 $3,672 $14,328
2022 $3,702 $18,000 $3,672 $14,328
2021 $3,619 $17,999 $3,671 $14,328
2020 $2,263 $10,157 $3,671 $6,486
2019 $2,319 $11,543 $3,671 $7,872
2018 $2,280 $11,543 $3,671 $7,872
2017 $2,256 $10,480 $3,281 $7,199
2016 $2,099 $10,480 $3,281 $7,199
2015 $1,920 $10,480 $3,281 $7,199
2014 $1,751 $9,438 $3,125 $6,313
2013 $1,717 $9,438 $3,125 $6,313
Source: Public Records

Agents Affiliated with this Home

  • Martha Mendoza Gutierrez

    Seller's Agent in 2021

    Martha Mendoza Gutierrez

    Realty of America, LLC

    (773) 430-1084

    2 in this area

    38 Total Sales

    Section Image
  • Michael Olszewski

    Seller's Agent in 2021

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    4 in this area

    583 Total Sales

    Section Image
  • Alexandra Botiz

    Buyer's Agent in 2021

    Alexandra Botiz

    Coldwell Banker Realty

    (773) 273-1591

    1 in this area

    45 Total Sales

    Section Image
  • Cynthia Meza

    Buyer's Agent in 2021

    Cynthia Meza

    Realty of America, LLC

    (773) 217-6493

    5 in this area

    109 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11182382

Midwest Real Estate Data (MRED)

APN: 16-35-106-043-0000

Illinois Cook County Chicago 60623 Little Village

3148 S Millard Ave, Chicago, IL

This home is located at 3148 S Millard Ave, Chicago, IL 60623 since 07 August 2021 and is currently estimated at $300,656, approximately $376 per square foot. This property was built in 1910. 3148 S Millard Ave is a home located in Cook County with nearby schools including Ortiz De Dominguez Elementary School, Gary Elementary School, and St. Agnes of Bohemia School.

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