$384,406 - $578,000
RENTED NOV 26, 2024

32 Michigan Ave Unit 1 Highwood, IL 60040

2 Beds
1 Bath
1,000 Sq Ft
$494 Price per Sq Ft

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • 1 Car Detached Garage
  • Wayne Thomas Elementary School Rated A
  • Wood Flooring
  • Patio

About This Home

As of November 2024

Great location, near Highland Park & downtown Highwood! Welcome to this beautifully remodeled 2-bedroom, 1-bath first-floor rental in the vibrant community of Highwood, IL. Step into an open floor plan that effortlessly combines the living and dining areas, filled with bright natural sunlight and adorned with elegant hardwood floors. The updated kitchen features crisp white cabinets and luxurious marble countertops, making it a joy to cook and entertain. The primary bedroom offers ample storage with two spacious closets, while the second bedroom presents a versatile space that can easily serve as a guest room, home office, or cozy retreat. You'll appreciate the convenience of the unfinished basement, perfect for extra storage and laundry needs. Outside, relax on the private front porch or enjoy the expansive side yard, complete with a secluded patio-ideal for al fresco dining or entertaining. Located in the heart of Highwood, you'll be just moments away from the city's lively weekend festivals and the popular Gourmet Market on Wednesday evenings during the summer. This rental home combines modern comfort with the best of community living. Don't miss out! No smoking inside, Fireplace, decoration only. Pet friendly rental, max 2 pets, non refundable security deposit due upon acceptance. One garage space and one exterior driveway space included, 2 cars max. Utilities paid by the Tenant. Minimum 1 year Lease, good credit, income 3x monthly rent or POF. Fully fenced yard! Water & garbage included!

Last Agent to Rent the Property

Pam Devendorf

Coldwell Banker Realty License #475131934 Listed on: 08/30/2024

Coldwell Banker Realty

Last Renter's Agent

Pam Devendorf

Coldwell Banker Realty License #475131934 Listed on: 08/30/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,103

Year Built

  • Built in 1923 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 39x131x39x131
  • Landscaped Professionally

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Property Attached
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio

Schools

  • Wayne Thomas Elementary School
  • Northwood Junior High School
  • Highland Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $2,650
  • Property Available on 9/15/24
  • Rent includes water, parking, scavenger, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 2 Units
  • Owr Association
  • Low-Rise Condominium

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,103

Year Built

Built in 1923 | Remodeled in 2024

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-09-15
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2650
  • Security Deposit: 2650
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Open Floorplan, Some Window Treatment
  • LivingArea: 1000
  • Room Type: Storage
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1000
  • Basement Description: Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Square Footage Comments: Square Footage is an estimate.
  • Total Sq Ft: 1715
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Landscaped
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager On-site
  • Management Company: Owner
  • Management Contact Name: OWR

Schools

  • Elementary School: Wayne Thomas Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Northwood Junior High School

Lot Info

  • Lot Dimensions: 39X131X39X131
  • Rural (Y/N): N

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Antonio C Volpentesta Revocable Living T and Volpentesta Antonio C
Bought by
Choi Daniel
Current Estimated Value
$494,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,550
Outstanding Balance
$497,435
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$3,333

Purchase Details

Closed on
Jul 31, 2019
Sold by
Volpentesta Antonio
Bought by
Rlt Volpentesta Antonio C and Rlt Antonio C Volpentesta

Purchase Details

Closed on
Nov 20, 2018
Sold by
Dungan David N
Bought by
Volpentesta Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Jackson David B and Greenberg Gary
Bought by
Savocchi Albert and Dungan David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 5, 2002
Sold by
Jackson David B
Bought by
Jackson David B and Greenberg Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.87%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Sherony Amelia
Bought by
Jackson David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

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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
Choi Daniel $529,000 Chicago Title
Rlt Volpentesta Antonio C -- Attorney
Volpentesta Antonio $207,500 Chicago Title
Savocchi Albert $320,000 City Suburban Title
Jackson David B -- Lawyers Title Pick Up
Jackson David B $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Daniel $502,550
Previous Owner Volpentesta Antonio $155,625
Previous Owner Savocchi Albert $256,000
Previous Owner Jackson David B $262,500
Previous Owner Jackson David B $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Rented $2,650 0.0% --
11/07/2024 11/07/24 Price Changed $2,650 -7.0% $3 / Sq Ft
09/23/2024 09/23/24 Price Changed $2,850 -10.9% $3 / Sq Ft
08/30/2024 08/30/24 For Rent $3,200 -- --
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 $8,103 $106,219 $23,314 $82,905
2023 $6,884 $95,745 $21,015 $74,730
2022 $6,884 $79,138 $23,086 $56,052
2021 $6,377 $76,499 $22,316 $54,183
2020 $6,229 $76,499 $22,316 $54,183
2019 $6,043 $76,142 $22,212 $53,930
2018 $5,961 $78,334 $24,320 $54,014
2017 $5,892 $77,883 $24,180 $53,703
2016 $5,667 $74,146 $23,020 $51,126
2015 $5,546 $68,890 $21,388 $47,502
2014 $4,781 $59,644 $17,579 $42,065
2012 $4,663 $59,992 $17,682 $42,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12150891

Midwest Real Estate Data (MRED)

APN: 16-15-431-018