NOT LISTED FOR SALE
6 Beds
2 Baths
1,680 Sq Ft
-- Built

Sale Details

Date Sold: December 1, 2020

Last sale price $425,000 $253 Per Sq Ft

1 Day on Market

Highlights

  • Property is near park
  • Tennis Courts
  • 2 Car Detached Garage
  • Community Pool
  • Den
  • Porch

About This Home

As of December 2020

LOCATION, LOCATION, LOCATION! Don't miss out on the opportunity to be the proud new owner of this Armour Square/Bridgeport solid brick 2 unit building located on the highly desirable Wells Street. This long time family owned property offers so many options and possibilities. Ideal rental investment property due to the proximity to IIT campus and the high rental demand of this area. Awesome location for an owner occupant who is looking for close proximity to the Redline, Sox Park, Armour Park with all its amenities, such as walking paths, tennis court , outdoor swimming pool, children's playlot, year round family activities etc. and who wants to collect the rental income from the other unit to offset the mortgage. Steps to some of the neighborhoods best and favorite outdoor cafes and restaurants, coffee shops, Sox Park etc. Minutes to downtown Chicago and the beautiful lakefront. The pretty curb appeal, floor plans and layout make it a perfect candidate for a single-family home conversion. Each unit features 3 bedrooms/1 bath, large living rooms, formal dining rooms and large eat-in kitchens & hardwood floors and laundry hook-ups. 1st Floor unit features gas forced heat, 2nd floor features wall space heaters. Full unfinished basement ideal for storage & laundry area, or maybe ideal for possible 1st floor duplex down. The property is in need TLC and some updating and being sold "AS-IS". But... OH What A Beauty It Could Be! Nice green back yard perfect for gardening or for summertime Bar-B-Qs. Also features a 2 car brick garage.

Last Agent to Sell the Property

Sheila Messer

Bridgeport Realty Group, LLC License #471002082 Listed on: 09/24/2020

Last Buyer's Agent

Sheila Messer

Bridgeport Realty Group, LLC License #471002082 Listed on: 09/24/2020

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,716

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Porch
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 2 Units
  • Armour Square Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,716

Parking

2

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Den
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Hardwood Floors,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Hardwood Floors,Cooktop,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Space Heater
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4716.21
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 24, 2020
Sold by
Bought by
Seller's Agent
Sheila Messer
Bridgeport Realty Group, LLC
Buyer's Agent
Sheila Messer
Bridgeport Realty Group, LLC
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Chicago Title
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Previous Owner $417,302
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $425,000 -0.9% $253 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $429,000 +0.9% $255 / Sq Ft
09/25/2020 09/25/20 Off Market $425,000 -- --
09/24/2020 09/24/20 For Sale $429,000 -- $255 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,543 $43,835 $17,031 $26,804
2024 $7,543 $43,835 $17,031 $26,804
2023 $7,332 $39,068 $13,750 $25,318
2022 $7,332 $39,068 $13,750 $25,318
2021 $8,379 $45,000 $13,750 $31,250
2020 $4,731 $28,725 $13,750 $14,975
2019 $5,256 $33,018 $13,750 $19,268
2018 $0 $33,018 $13,750 $19,268
2017 $0 $30,840 $10,937 $19,903
2016 $367 $30,840 $10,937 $19,903
2015 $353 $30,840 $10,937 $19,903
2014 $350 $27,975 $9,375 $18,600
2013 $351 $27,975 $9,375 $18,600
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10881580

Midwest Real Estate Data (MRED)

APN: 17332110040000

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