NOT LISTED FOR SALE

3245 S Wells St Chicago, IL 60616

Armour Square Neighborhood
8 Beds
4 Baths
3,492 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: March 5, 2018

Last sale price $590,000 $169 Per Sq Ft

41 Days on Market

Highlights

  • 2 Car Detached Garage
  • 5-minute walk to Sox/35Th Street Station
  • 3-minute walk to Armour (Philip) Square Park

About This Home

As of March 2018

Location, location, location. Close to public transportation, express way, Sox, community park. Features 3 units, one 2 bedrooms 1 bathroom, two 3 beds & 1 bed. Move in ready condition. two cars garage.

Last Agent to Sell the Property

Wenjian Zhao

Charles Rutenberg Realty License #475171022 Listed on: 12/19/2017

Charles Rutenberg Realty

Last Buyer's Agent

Qian Kun Chen

Kale Realty License #475171061

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,845

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,845

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6845.09
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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
Dec 19, 2017
Closed on
Mar 5, 2018
Sold by
Bought by
Seller's Agent
Wenjian Zhao
Charles Rutenberg Realty
Buyer's Agent
Qian Kun Chen
Kale Realty
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2017
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
$350,000
Interest Rate
0.0391%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$590,000 Attorney
$500,000 Chicago Title
-- --
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 $360,000
Closed $350,000
Previous Owner $350,000
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
03/05/2018 03/05/18 Sold $590,000 0.0% $169 / Sq Ft
02/05/2018 02/05/18 Off Market $590,000 -- --
12/19/2017 12/19/17 For Sale $629,000 -- $180 / 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 $12,464 $62,000 $17,031 $44,969
2024 $12,464 $62,000 $17,031 $44,969
2023 $13,401 $59,076 $13,750 $45,326
2022 $13,401 $65,152 $13,750 $51,402
2021 $13,101 $65,152 $13,750 $51,402
2020 $8,776 $39,396 $13,750 $25,646
2019 $9,098 $45,283 $13,750 $31,533
2018 $10,075 $51,005 $13,750 $37,255
2017 $7,879 $39,978 $10,937 $29,041
2016 $7,507 $39,978 $10,937 $29,041
2015 $6,845 $39,978 $10,937 $29,041
2014 $6,008 $34,951 $9,375 $25,576
2013 $5,878 $34,951 $9,375 $25,576
Source: Public Records

Agents Affiliated with this Home

  • Wenjian Zhao

    Seller's Agent in 2018

    Wenjian Zhao

    Charles Rutenberg Realty

    (773) 966-8882

    1 in this area

    33 Total Sales

    Wenjian Zhao
    Section Image
  • Qian Kun Chen

    Buyer's Agent in 2018

    Qian Kun Chen

    Kale Realty

    (312) 515-4617

    15 in this area

    334 Total Sales

    Qian Kun Chen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09819822

Midwest Real Estate Data (MRED)

APN: 17332110180000

Illinois Cook County Chicago 60616 Armour Square

3245 S Wells St, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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

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