NOT LISTED FOR SALE

3234 Wallace Ave Steger, IL 60475

Estimated Value: $119,000 - $174,000

2 Beds
2 Baths
1,188 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $83,500 $70 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,066/month

20 Days on Market

About This Home

As of December 2019

Motivated seller. Lets make a deal. Maintenance free charming 2 unit. Main floor has 2 bdrms, upper is a 1 bdrm, updated bathrooms in both units. Seller has replaced, siding, soffit, fascia, gutters, poured concrete pad in front for off street parking. appliances will all stay. Both tenants have basement access for laundry. separate electric meters but only 1 gas and 1 water meter. Long time tenant has just vacated. So unique opportunity has just presented itself. Chimney was rebuilt.

Last Agent to Sell the Property

Debbie Johnston

Re/Max 10 License #475145225 Listed on: 10/04/2019

Re/Max 10

Last Buyer's Agent

Steve Harris

RE/MAX 1st Service License #475099011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1931

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 26 x 125

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,486

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1931
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • 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: 2
  • Other Equipment: TV-Cable, Sump Pump
  • Basement Description: Unfinished
  • 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: 90000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 194

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 26 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1485.89
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 27, 2019
Sold by
Cruickshank Timothy J
Bought by
Reidy Jud
Seller's Agent
Debbie Johnston
Re/Max 10
Buyer's Agent
Steve Harris
RE/MAX 1st Service
List Price
$90,000
Sold Price
$83,500
Premium/Discount to List
-$6,500
-7.22%
Current Estimated Value
$149,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,204
Avg. Annual Appreciation
9.79%
Original Mortgage
$66,800
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 1996
Sold by
Johnson Linda M and Dandino Pat
Bought by
Cruickshank Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
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
Reidy Jud $83,500 Fidelity National Title Ins
Cruickshank Timothy J $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reidy Jud $375,000
Closed Reidy Jud $66,800
Previous Owner Cruickshank Timothy J $101,150
Previous Owner Cruickshank Timothy J $107,120
Previous Owner Cruickshank Timothy J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $83,500 -7.2% $70 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $90,000 -- $76 / Sq Ft
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 $3,016 $9,109 $1,094 $8,015
2023 $3,400 $9,109 $1,094 $8,015
2022 $3,400 $8,395 $938 $7,457
2021 $3,175 $8,393 $937 $7,456
2020 $3,111 $8,393 $937 $7,456
2019 $1,499 $7,579 $859 $6,720
2018 $1,446 $7,579 $859 $6,720
2017 $1,486 $7,579 $859 $6,720
2016 $1,593 $6,947 $781 $6,166
2015 $1,541 $6,947 $781 $6,166
2014 $1,557 $6,947 $781 $6,166
2013 $1,866 $8,373 $781 $7,592
Source: Public Records

Agents Affiliated with this Home

  • Debbie Johnston

    Seller's Agent in 2019

    Debbie Johnston

    Re/Max 10

    (630) 726-6840

    6 in this area

    93 Total Sales

    Section Image
  • Steve Harris

    Buyer's Agent in 2019

    Steve Harris

    RE/MAX

    (708) 935-6998

    10 in this area

    167 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10538862

Midwest Real Estate Data (MRED)

APN: 32-33-318-042-0000

Illinois Cook County Steger 60475

3234 Wallace Ave, Steger, IL

This home is located at 3234 Wallace Ave, Steger, IL 60475 since 04 October 2019 and is currently estimated at $149,704, approximately $126 per square foot. This property was built in 1931. 3234 Wallace Ave is a home located in Cook County with nearby schools including Steger Primary Center, Steger Intermediate Center, and Columbia Central School.

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