NOT LISTED FOR SALE

31W625 Smith Rd West Chicago, IL 60185

Estimated Value: $899,338

Studio
1 Bath
-- Sq Ft
0.99 Acres

Last Sold April 17, 2015

Last sale price $535,000

Est. 68% increase in value since last sale

Current estimated payment $6,100/month

229 Days on Market

About This Home

As of April 2015

ATTENTION DEVELOPERS, CONSTRUCTION, LANDSCAPING COMPANIES. OFFICE, WAREHOUSE & YARD SPACE AVAILABLE FOR SALE OR LEASE. WAREHOUSE CONSISTS OF 5,750 SQFT, 3 OVERHEAD DOORS 12' w 14'. SPACE CAN BE SUBDIVIDED FOR LEASE. 2 LEVELS OF OFFICE SPACE AVAILABLE WHICH TOTAL 2440 SQ. FT. CONSISTS OF 6 OFFICES, 2 BATHS, KITCHEN & AND CONFERENCE ROOM. ENDLESS POSSIBILITIES ARE AVAILABLE FOR USE. OUTSIDE STORAGE OF 7,400 SQFT & YARD SPACE AVAILABLE ALSO.$7,300/MONTH FOR WHOLE PROPERTY

Last Agent to Sell the Property

Vickie Soupos

Fulton Grace Realty License #475125581 Listed on: 07/13/2014

Fulton Grace Realty

Co-Listed By

Rose DiMaio

Fulton Grace Realty License #475146357

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Other

Year Built

  • 1974

Lot Details

  • 0.99

Home Design

  • Brick Exterior Construction

Utilities

  • Zoned Cooling

Listing and Financial Details

  • Tenant pays for air conditioning, common area maintenance, heat, janitorial, insurance, repairs and maintenance, scavenger, water/sewer, varies by tenant

Property Details

Property Type

Other

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Instut/To Develop
  • Built Before 1978 (Y/N): Yes
  • Current Use: Commercial, Industrial/Mfg, Office and Research
  • Ownership Type: Land Trust
  • Potential Use: Commercial, Industrial/Mfg, Office and Research
  • Rental Price: 7
  • Zoning Type: COMMR
  • Estimated Age: 36-50 Years
  • Outdoor Parking: 13-18 Spaces
  • Property Offered: For Sale or Rent
  • Unincorporated: Yes
  • Number Of Stories: 2
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1974

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.99
  • Construction: Concrete Block
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 15

Utilities

  • Air Conditioner: Zoned
  • Heatventilation: Forced Air, Gas

Lot Info

  • Lot Dimensions: 42,980
  • Lot Sq Ft: 42980
  • Land Amenities: Fencing
  • Parcel Identification Number: 0120303003

Rental Info

  • Lease Type: Gross
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Heat, Janitorial, Insurance, Repairs and Maintenance, Scavenger, Water/Sewer, Varies by Tenant
  • Monthly Rental Price: 5460

Tax Info

  • Taxes: 12924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2018
Sold by
Kinser Diane M and Kinser Eugene
Bought by
Kinser Diane M and Diane M Kinser Revocable Trust
Current Estimated Value
$899,338

Purchase Details

Listed on
Jul 13, 2014
Closed on
Apr 17, 2015
Sold by
Emilia 5 Llc
Bought by
Declar Kinser Eugene and Declar Eugene Kinser Revocable
Seller's Agent
Vickie Soupos
Fulton Grace Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$798,880
Sold Price
$535,000
Premium/Discount to List
-$263,880
-33.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jun 2, 2012
Sold by
Pelagio Mario and Pelagio Antoinetta
Bought by
Emilia 5 Llc

Purchase Details

Closed on
Jun 14, 2010
Sold by
Oxford Bank & Trust
Bought by
Pelagio Mario and Pelagio Antoinetta

Purchase Details

Closed on
Apr 6, 2006
Sold by
Pelagio Mario and Pelagio Antonietta
Bought by
Oxford Bank & Trust and Trust #1357

Purchase Details

Closed on
Mar 15, 2005
Sold by
Chicoine Family Lp
Bought by
Pelagio Mario and Pelagio Antonietta

Purchase Details

Closed on
Feb 14, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Chicoine Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kinser Diane M -- Attorney
Declar Kinser Eugene $535,000 Alliance Title Corporation
Emilia 5 Llc -- None Available
Pelagio Mario -- None Available
Oxford Bank & Trust -- None Available
Pelagio Mario $740,000 Pntn
Chicoine Family Ltd Partnership $360,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicoine Family Ltd Partnership $185,000
Closed Chicoine Family Ltd Partnership $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $535,000 -33.0% --
02/27/2015 02/27/15 Pending -- -- --
07/13/2014 07/13/14 For Sale $798,880 -- --
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 $17,094 $224,176 $74,729 $149,447
2023 $16,525 $203,390 $67,800 $135,590
2022 $15,954 $193,700 $64,570 $129,130
2021 $15,288 $183,880 $61,300 $122,580
2020 $15,057 $178,370 $59,460 $118,910
2019 $14,634 $172,010 $57,340 $114,670
2018 $14,129 $164,990 $55,000 $109,990
2017 $13,755 $158,420 $52,810 $105,610
2016 $14,235 $151,320 $50,440 $100,880
2015 $13,999 $143,240 $47,750 $95,490
2014 $13,094 $143,240 $47,750 $95,490
2013 $13,275 $146,670 $48,890 $97,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08671473

Midwest Real Estate Data (MRED)

APN: 01-20-303-003