Seller's Agent in 2020
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
4 in this area
47 Total Sales
3221 W Warren Blvd Chicago, IL 60624
Garfield Park Neighborhood
11
Beds
3
Baths
--
Sq Ft
1900
Built
About This Home
As of July 2020This is a rare opportunity to acquire a money-making, classic Chicago greystone 3-flat in East Garfield Park. The under-rented, in-place cap rate is 8% and, with fair market rents, this baby is a solid 11% cap! The building features three over-sized units that have all been updated in the past 7 years. Improvements include: Newer kitchens, baths, roof, parapet, updated electrical, plumbing, rear decks and windows. Each unit has individual GFAs, common laundry in the basement and there's a parking pad for 2-4 cars at the rear. A forward-thinking investor might elect to renovate the units, leverage the hefty RM-5 zoning and look to legalize a 4th unit. Alternatively, the creation of a massive, duplexed first floor/garden unit might also prove to be rewarding. Located just a block and a half from the Garfield Park Conservatory, 3 minutes to the Kedzie "L," 10 minutes to the Metra and just 3 minutes to the Eisenhower Expressway. Sustenance is but 4 minutes away at Pete's Fresh Market. Owner does not represent the legality of the basement unit. Property is being sold 'as-is.' Information deemed reliable, but not guaranteed. Use diligence.
Last Agent to Sell the Property
Chicago Real Estate Authority License #471011328 Listed on: 06/01/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,640
Year Built
- Built in 1900
Home Design
- Greystone Architecture
- Brick Exterior Construction
- Rubber Roof
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25 x 125
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $252
- Fuel Expense $840
- Insurance Expense $1,200
- Water Sewer Expense $1,440
- Gross Income $39,000
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
Jun 1, 2020
Closed on
Jul 27, 2020
Sold by
Bought by
Seller's Agent
Scott Siegel
Chicago Real Estate Authority
Buyer's Agent
Eric Gonzalez
Green City Realty, Inc.
List Price
$369,900
Sold Price
$385,000
Premium/Discount to List
$15,100
4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,206
Interest Rate
0.029%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2014
Closed on
May 22, 2014
Sold by
Bought by
Seller's Agent
David Hunt
Compass
Buyer's Agent
Stewart Smith
Compass
List Price
$199,000
Sold Price
$202,000
Premium/Discount to List
$3,000
1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$198,341
Interest Rate
0.0425%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 18, 2011
Sold by
Bought by
Purchase Details
Closed on
Feb 6, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
0.035%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
0.0562%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 2002
Sold by
Bought by
Purchase Details
Closed on
Apr 12, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Interest Rate
0.0716%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
0.0692%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 13, 2001
Sold by
Bought by
Purchase Details
Closed on
Aug 15, 1996
Sold by
Bought by
Purchase Details
Closed on
Dec 27, 1993
Sold by
Bought by
Purchase Details
Closed on
Apr 15, 1993
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $385,000 | Chicago Title | ||
| $202,000 | First American Title | ||
| -- | None Available | ||
| $336,000 | Alliance Title | ||
| -- | -- | ||
| -- | Multiple | ||
| -- | First American Title Ins Co | ||
| $236,000 | Stewart Title | ||
| $205,000 | Prairie Title | ||
| -- | Indiana Title Network Compan | ||
| -- | Lawyers Title Insurance Corp | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $378,206 | ||
| Previous Owner | $198,341 | ||
| Previous Owner | $268,800 | ||
| Previous Owner | $214,500 | ||
| Previous Owner | $212,400 | ||
| Previous Owner | $194,750 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2020 07/29/20 | Sold | $385,000 | +4.1% | -- | |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- | |
| 06/01/2020 06/01/20 | For Sale | $369,900 | +83.1% | -- | |
| 05/22/2014 05/22/14 | Sold | $202,000 | +1.5% | -- | View Prior Sale |
| 04/01/2014 04/01/14 | Pending | -- | -- | -- | |
| 03/20/2014 03/20/14 | For Sale | $199,000 | -- | -- |
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 | $7,833 | $52,000 | $4,531 | $47,469 |
| 2024 | $7,833 | $52,000 | $4,531 | $47,469 |
| 2023 | $7,636 | $37,000 | $3,672 | $33,328 |
| 2022 | $7,636 | $37,000 | $3,672 | $33,328 |
| 2021 | $7,465 | $36,999 | $3,671 | $33,328 |
| 2020 | $4,605 | $20,605 | $3,671 | $16,934 |
| 2019 | $4,720 | $23,415 | $3,671 | $19,744 |
| 2018 | $4,640 | $23,415 | $3,671 | $19,744 |
| 2017 | $5,225 | $24,189 | $3,281 | $20,908 |
| 2016 | $4,845 | $24,189 | $3,281 | $20,908 |
| 2015 | $4,433 | $24,189 | $3,281 | $20,908 |
| 2014 | $4,129 | $22,253 | $3,125 | $19,128 |
| 2013 | $4,047 | $22,253 | $3,125 | $19,128 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Siegel
-
Eric Gonzalez
Buyer's Agent in 2020
Eric Gonzalez
Green City Realty, Inc.
(773) 213-5709
1 in this area
14 Total Sales
-
David Hunt
Seller's Agent in 2014
David Hunt
Compass
(773) 466-7150
57 Total Sales
-
Stewart Smith
Buyer's Agent in 2014
Stewart Smith
Compass
(773) 404-1144
50 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10731893
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 3143 W Warren Blvd
- 3235 W Warren Blvd Unit 3
- 3200 W Lake St
- 3159 W Madison St
- 3153 W Madison St
- 3031 W Warren Blvd
- 3169 W Monroe St
- 3012 W Warren Blvd
- 3215 W Fulton Blvd
- 3324 W Walnut St
- 3345 W Monroe St
- 3316 W Adams St
- 2952 W Warren Blvd Unit 2952
- 2921 W Washington Blvd Unit 3
- 2948 W Wilcox St
- 3345 W Carroll Ave
- 2906 W Madison St
- 2904 W Madison St
- 2935 W Wilcox St
- 3435 W Adams St
- 3207 W Washington Blvd Unit 3
- 3207 W Washington Blvd Unit 1
- 3207 W Washington Blvd Unit 2
- 3207 W Washington Blvd Unit 4
- 3203 W Washington Blvd
- 3211 W Washington Blvd
- 3211 W Washington Blvd
- 3213 W Washington Blvd
- 44 N Kedzie Ave
- 42-44 N Kedzie Ave
- 3215 W Washington Blvd
- 3208 W Warren Blvd
- 3159 W Washington Blvd
- 3212 W Warren Blvd
- 3212 W Warren Blvd Unit 2
- 3212 W Warren Blvd Unit 2ND
- 3212 W Warren Blvd
- 3200 W Warren Blvd
- 3210 W Warren Blvd Unit 1
- 3221 W Washington Blvd Unit 1
Your Personal Tour Guide
Ask me questions while you tour the home.