NOT LISTED FOR SALE

Estimated Value: $239,841

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $203,000

Est. 18% increase in value since last sale

Current estimated payment $1,802/month

7 Days on Market

About This Home

As of July 2023

Attention Investors! This well maintained 2 unit property offers 2 updated units and a full basement ensures consistent cash flow. 48 Hours needed to show. Showings M-F 4pm-6pm and Sat 12pm-4pm

Last Listed By

Christopher Knollin

Realty Executives Elite License #471019537 Listed on: 05/22/2023

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1910

Lot Details

  • 3,920

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x132

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,800
  • Net Operating Income $14,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,042

Year Built

Built in 1910

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): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 197500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 86

Lot Info

  • Lot Dimensions: 30X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 14175
  • GrossIncome: 22800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5042.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 14, 2023
Sold by
M/I Homes Of Chicago Llc
Bought by
Nykiel Connor J and Nykiel Keith F
Seller's Agent
Christopher Knollin
Realty Executives Elite
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$197,500
Sold Price
$203,000
Premium/Discount to List
$5,500
2.78%
Total Days on Market
7
Views
92
Current Estimated Value
$239,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,841
Avg. Annual Appreciation
9.49%
Original Mortgage
$152,250
Outstanding Balance
$149,192
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$90,649

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 5, 2023
Sold by
Agape Investments Llc
Bought by
Lee Marcus L
Seller's Agent
Christopher Knollin
Realty Executives Elite
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$197,500
Sold Price
$203,000
Premium/Discount to List
$5,500
2.78%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Outstanding Balance
$149,192
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$90,649

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 16, 2019
Sold by
Barbari Hythom N
Bought by
Agape Investments Llc
Seller's Agent
ceejay dubbleyou
United Real Estate - Chicago
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$139,900
Sold Price
$121,000
Premium/Discount to List
-$18,900
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
May 17, 2017
Sold by
Baran Joanne and Komro Krista J
Bought by
Barbari Hythom N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Aurora Loan Service
Bought by
Baran Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Smith Claudia A and Case #07Ch640
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 11, 2005
Sold by
Midwest Regional Enterprises Inc
Bought by
Smith Aaron L and Smith Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1995
Sold by
Stygar Mark
Bought by
Liptak Dale V and Liptak Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,700
Interest Rate
7.88%

Range of Values:

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Average Value
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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
Nykiel Connor J $397,490 None Listed On Document
Lee Marcus L $203,000 None Listed On Document
Agape Investments Llc $121,000 Attorney
Barbari Hythom N $93,000 Fidelity National Title Ins
Baran Joanne $91,000 Ticor Title
Aurora Loan Services Llc -- None Available
Smith Aaron L $155,000 --
Liptak Dale V $66,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Marcus L $152,250
Previous Owner Agape Investments Llc $1,288,000
Previous Owner Barbari Hythom N $69,750
Previous Owner Baran Joanne $76,700
Previous Owner Baran Joanne $77,350
Previous Owner Smith Aaron L $124,000
Previous Owner Liptak Dale V $54,700
Closed Smith Aaron L $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $203,000 +2.8% --
05/30/2023 05/30/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $197,500 +63.2% --
05/17/2019 05/17/19 Sold $121,000 -13.5% --
04/18/2019 04/18/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $139,900 -- --
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
2023 $5,665 $63,506 $5,848 $57,658
2022 $5,305 $57,446 $5,290 $52,156
2021 $5,042 $53,653 $4,941 $48,712
2020 $4,820 $50,952 $4,692 $46,260
2019 $4,550 $47,354 $4,361 $42,993
2018 $4,360 $43,757 $4,030 $39,727
2017 $4,109 $39,783 $3,664 $36,119
2016 $3,937 $36,634 $3,359 $33,275
2015 -- $34,350 $3,150 $31,200
2014 -- $34,200 $3,150 $31,050
2013 -- $36,156 $3,488 $32,668
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11789350

Midwest Real Estate Data (MRED)

APN: 07-09-405-004