NOT LISTED FOR SALE

Estimated Value: $271,000 - $349,000

7 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: March 24, 2022

Last sale price $275,000

Est. 14% increase in value since last sale

Current estimated payment $1,939 / mo

4 Days on Market

About This Home

As of March 2022

Welcome investors and developers, this legal three unit building is 50% completed with full permits and plans approved by the City of Chicago. Framing of units/floors has been completed, new windows, roof, hvac ducts and plumbing drains installed. Rough plumbing and underground inspected and passed by the city. Basement has been dugout, new concrete slab to increase ceiling heights, new underground 6" drain and drain tile installed. First floor unit has two bedrooms, bathroom, den and large kitchen and main room. Second floor unit has three bedrooms, bathroom and large kitchen and main room. Basement has two bedrooms, bathroom and kitchen. 1st floor unit can be duplexed into basement or left as a legal three unit building. View the walk thru video to get a better idea of what's completed, what's left and quality of construction. Coach House Plans Included as well.

Last Agent to Sell the Property

Robert Padron

Re/Max Cityview License #471012333 Listed on: 02/23/2022

Re/Max Cityview

Last Buyer's Agent

Corneliu Cadar

Green Street Property Mgmt License #471022728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,540

Year Built

  • Built in 1905 | Remodeled in 2018

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,540

Year Built

Built in 1905 | Remodeled in 2018

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 5540.48
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 25, 2022
Sold by
Lutai Vasile and Lutai Nan Joana
Bought by
3239 W 23Rd Street Llc
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Corneliu Cadar
Green Street Property Mgmt
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$313,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,333
Avg. Annual Appreciation
3.26%
Original Mortgage
$562,500
Outstanding Balance
$522,529
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$209,196

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 21, 2022
Sold by
Lutai Vasile and Lutai Nan Joana
Bought by
3239 W 23Rd Street Llc
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Corneliu Cadar
Green Street Property Mgmt
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$522,529
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$209,196

Purchase Details

Closed on
Aug 22, 2017
Sold by
Mae Fanni
Bought by
Lutai Vasile

Purchase Details

Closed on
Mar 9, 2017
Sold by
Crop Judicial Sales
Bought by
Federal National Mortgage Ssn

Purchase Details

Closed on
Jul 19, 2004
Sold by
Dominguez Rosa and Dominguez Santiago
Bought by
Dominguez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1998
Sold by
Dominguez Santiago and Dominguez Rosa
Bought by
Dominguez Rosa and Dominguez Santiago
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
3239 W 23Rd Street Llc $275,000 --
3239 W 23Rd Street Llc $275,000 --
Lutai Vasile $70,000 Attorneys Title Guaranty Fun
Federal National Mortgage Ssn -- None Available
Dominguez Rosa -- First American
Dominguez Rosa -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3239 W 23Rd Street Llc $562,500
Previous Owner Dominguez Rosa $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $275,000 -5.2% --
02/28/2022 02/28/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $290,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,465 $25,000 $4,096 $20,904
2024 $3,465 $25,000 $4,096 $20,904
2023 $3,378 $16,423 $3,319 $13,104
2022 $3,378 $16,423 $3,319 $13,104
2021 $3,302 $16,422 $3,319 $13,103
2020 $5,540 $24,871 $3,319 $21,552
2019 $3,005 $14,959 $3,319 $11,640
2018 $3,807 $19,274 $3,319 $15,955
2017 $5,609 $26,054 $2,966 $23,088
2016 $5,218 $26,054 $2,966 $23,088
2015 $4,774 $26,054 $2,966 $23,088
2014 $2,984 $29,049 $2,825 $26,224
2013 $2,126 $16,198 $2,825 $13,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11331170

Midwest Real Estate Data (MRED)

APN: 16-26-214-009-0000

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