$377,000
SOLD MAY 13, 2025
2 Beds
2 Baths
2,000 Sq Ft
3,267 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

11% Below List Price

76 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Mud Room
  • Deck
  • Bonus Room
  • Formal Dining Room

About This Home

As of May 2025

3256 S Morgan is a 1&1/2 story work/live property consisting of a 1000 sf clear span storefront, studio/work space with 10' tin ceilings and one renovated bathroom in the front half of the building. Two steps up take you into the spacious, light filled 900 sf, 4 room apartment in the rear. The breakfast room and second bathroom are both adjacent to the kitchen area. The combined living/dining room is 28' long x 12' wide. The 28'x 8' bedroom is on the main level. There is a potential 2nd bedroom in the attic (no heat or AC), accessed by the enclosed exterior hallway which also leads to the huge patio above the garage. Previously occupied by a photographer and in a past life, as a tavern. Perfect for an artist, architect or designer; a gallery or boutique; for anyone who wants to work where they live. The property has a lot of charm. However, it needs work and is being sold AS IS. Zoned: B1-2. It should be possible to get a residential loan.

Last Agent to Sell the Property

Jane Wenger

Wenger Properties License #471000373 Listed on: 01/14/2025

Last Buyer's Agent

Amy Mei

Landmark & Property Group, Inc License #475130343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1888 | Remodeled in 2003

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dormer Attic
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Receding Pocket Doors
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Utilities

  • Radiator
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 26 x 125

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,126

Year Built

Built in 1888 | Remodeled in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2003
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2003

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Unfinished, Full
  • Accessibility Features: Two or More Access Exits, Pocket Door(s), Entry Slope less than 1 foot, Main Level Entry
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Open Floorplan
  • LivingArea: 2000
  • Room Type: Bonus Room, Mud Room, Deck
  • Estimated Total Finished Sq Ft: 2627
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4627
  • Attic: Dormer
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Fuses
  • Heating: Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 26 X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6125.59
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
May 12, 2025
Sold by
Natal Judith
Bought by
Liangs Associates Llc
Seller's Agent
Jane Wenger
Wenger Properties
Buyer's Agent
Amy Mei
Landmark & Property Group, Inc
List Price
$425,000
Sold Price
$377,000
Premium/Discount to List
-$48,000
-11.29%
Views
161
Current Estimated Value
$423,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,081
Avg. Annual Appreciation
17.20%
Original Mortgage
$188,000
Outstanding Balance
$169,403
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$247,900

Purchase Details

Closed on
Jul 9, 2001
Sold by
Budrick James A
Bought by
Natal Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,850
Interest Rate
6.97%
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 Type Sale Price Title Company
Warranty Deed $377,000 First American Title
Deed $131,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 Credit Line Revolving
Previous Owner $124,850 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $377,000 -11.3% $189 / Sq Ft
04/19/2025 04/19/25 For Sale $425,000 +12.7% $213 / Sq Ft
04/14/2025 04/14/25 Off Market $377,000 -- --
03/31/2025 03/31/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $425,000 -- $213 / 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
2025 $6,126 $41,001 $16,088 $24,913
2024 $6,126 $41,001 $16,088 $24,913
2023 $5,933 $35,000 $13,000 $22,000
2022 $5,933 $35,000 $13,000 $22,000
2021 $5,833 $35,000 $13,000 $22,000
2020 $5,962 $32,345 $10,400 $21,945
2019 $5,980 $35,939 $10,400 $25,539
2018 $5,354 $35,939 $10,400 $25,539
2017 $5,047 $26,822 $8,125 $18,697
2016 $4,872 $26,822 $8,125 $18,697
2015 $4,434 $26,822 $8,125 $18,697
2014 $4,013 $24,200 $6,500 $17,700
2013 $3,923 $24,200 $6,500 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12255446

Midwest Real Estate Data (MRED)

APN: 17-32-217-159-0000