NOT LISTED FOR SALE

Estimated Value: $479,000 - $575,000

6 Beds
3 Baths
1,305 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $340,000 $261 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,393/month

67 Days on Market

About This Home

As of May 2020

Large and LEGAL 3 flat with great rents, turnkey investment. 2 car detached garage and updated units. Baths and kitchens in nice condition, all units with hardwood floors, great tenants. This is a great buy with a nice CAP. Seller will include coin operated laundry machines. Agent Owned Interest.

Last Agent to Sell the Property

Mike Vesole

Jameson Sotheby's Intl Realty License #475112796 Listed on: 01/08/2020

Jameson Sotheby's Intl Realty

Co-Listed By

Paul Fortman

@properties Christie's International Real Estate

Last Buyer's Agent

Kevin Sonken

Guidance Realty License #475135267

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 1905

Lot Details

  • 3,093

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • English Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • English Basement
  • Lot Dimensions are 25x125
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $1,038
  • Water Sewer Expense $1,005
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,515

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • 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): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • List Price: 349900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

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: Public

Fee Information

  • Water Sewer Expenses: 1005

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Fuel Expense: 1038
  • GrossIncome: 39600
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5515.37
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
May 1, 2020
Sold by
Simple Rental Llc
Bought by
Walsh Sonia
Seller's Agent
Mike Vesole
Jameson Sotheby's Intl Realty
Buyer's Agent
Kevin Sonken
Guidance Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$512,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,621
Avg. Annual Appreciation
8.10%
Original Mortgage
$333,841
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2014
Sold by
Sheffler Angela M and Kolasinski James R
Bought by
Simple Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 17, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kolasinski James and Scheffler Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,855
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2008
Sold by
Rios Thomas
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie

Purchase Details

Closed on
Oct 24, 2005
Sold by
Rios Tomas and Rios Maria
Bought by
Rios Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 2005
Sold by
Rios Tomas
Bought by
Rios Tomas and Rios Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2000
Sold by
Rios Tomas and Rios Jorge L
Bought by
Rios Tomas

Purchase Details

Closed on
Jul 18, 1994
Sold by
Kuss Charles and Kuss Charles P
Bought by
Rios Tomas and Rios Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,745
Interest Rate
8.41%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1993
Sold by
Schenatzki Kenneth J and Schenatzki Diane M
Bought by
Dominguez Jose F and Kuss Charles
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walsh Sonia $340,000 Fidelity National Title
Simple Rental Llc $159,000 Fidelity National Title
Kolasinski James $175,000 Ticor Title
Deutsche Bank National Trust Co -- None Available
Rios Tomas -- --
Rios Tomas -- --
Rios Tomas -- --
Rios Tomas $127,000 --
Dominguez Jose F $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Sonia $333,841
Previous Owner Simple Rental Llc $303,750
Previous Owner Kolasinski James R $202,707
Previous Owner Kolasinski James $199,855
Previous Owner Rios Thomas $314,500
Previous Owner Rios Tomas $22,000
Previous Owner Rios Tomas $256,500
Previous Owner Rios Tomas $210,400
Previous Owner Rios Tomas $176,000
Previous Owner Rios Tomas $150,750
Previous Owner Rios Tomas $124,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $340,000 -2.8% $261 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $349,900 0.0% $268 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $349,900 +2.9% $268 / Sq Ft
01/27/2020 01/27/20 Off Market $340,000 -- --
01/23/2020 01/23/20 For Sale $349,900 +2.9% $268 / Sq Ft
01/20/2020 01/20/20 Off Market $340,000 -- --
01/08/2020 01/08/20 For Sale $349,900 -- $268 / 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 $7,199 $38,012 $19,220 $18,792
2023 $7,018 $34,000 $15,500 $18,500
2022 $7,018 $34,000 $15,500 $18,500
2021 $6,860 $34,000 $15,500 $18,500
2020 $5,599 $25,047 $6,820 $18,227
2019 $5,610 $27,831 $6,820 $21,011
2018 $5,515 $27,831 $6,820 $21,011
2017 $5,336 $24,706 $6,200 $18,506
2016 $5,217 $25,958 $6,200 $19,758
2015 $5,354 $29,116 $6,200 $22,916
2014 $4,725 $25,371 $5,580 $19,791
2013 $4,631 $25,371 $5,580 $19,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10605307

Midwest Real Estate Data (MRED)

APN: 13-14-420-012-0000