$203,000
SOLD JUL 7, 2023
4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

3% Above List Price

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 Agent to Sell the Property

Christopher Knollin

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

Realty Executives Elite

Last Buyer's Agent

Lance Kammes

RE/MAX Suburban License #475090263

RE/MAX Suburban

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1910

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%
Views
92
Current Estimated Value
$256,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,775
Avg. Annual Appreciation
6.20%
Original Mortgage
$152,250
Outstanding Balance
$149,192
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$80,875

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
$80,875

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $397,490 None Listed On Document
Warranty Deed $203,000 None Listed On Document
Warranty Deed $121,000 Attorney
Warranty Deed $93,000 Fidelity National Title Ins
Special Warranty Deed $91,000 Ticor Title
Sheriffs Deed -- None Available
Warranty Deed $155,000 --
Warranty Deed $66,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,250 New Conventional
Previous Owner $1,288,000 Future Advance Clause Open End Mortgage
Previous Owner $69,750 New Conventional
Previous Owner $76,700 New Conventional
Previous Owner $77,350 Purchase Money Mortgage
Previous Owner $124,000 Purchase Money Mortgage
Previous Owner $54,700 No Value Available
Closed $31,000 No Value Available
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 $5,987 $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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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789350

Midwest Real Estate Data (MRED)

APN: 07-09-405-004