NOT LISTED FOR SALE

3337 N Oakley Ave Chicago, IL 60618

Roscoe Village Neighborhood

Estimated Value: $1,225,000 - $1,605,046

6 Beds
3 Baths
1,837 Sq Ft
$815/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $486,500 $265 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $10,435/month

31 Days on Market

Highlights

  • 2 Car Detached Garage
  • John James Audubon Elementary School Rated 10
  • Forced Air Heating System

About This Home

As of February 2020

This building is best suited for a teardown. Value in the land. There is a home just 4 doors south that was just torn down and a new home is being built. Great block with lots of new homes built in the past 10 years. The roof currently has a leak that would need to be fixed if it is not torn down. The top floor was rented for 1600 per month for the past 10 years. The garden unit is rented for 995 per month and is on a month to month lease. The garage is vacant and could be rented out. This sale is as-is. No showings in the basement apartment. The top floor duplex is currently vacant. The garage needs lots of siding work.

Last Agent to Sell the Property

Steve Hobbs

Baird & Warner License #475124932 Listed on: 10/12/2019

Baird & Warner

Last Buyer's Agent

Miguel Lopez

Realty of Chicago LLC License #475142159

Realty of Chicago LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,440

Year Built

  • Built in 1896

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x124

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Audubon Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,440

Year Built

Built in 1896

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1896
  • 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: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • List Price: 499000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

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, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Audubon Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 11440.38
  • Tax Year: 2018

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 12, 2019
Closed on
Feb 10, 2020
Sold by
Milonas Jeremiah and Larry Jones Irrevocable Trust
Bought by
Polkow Corey and Polkow Laren
Seller's Agent
Steve Hobbs
Baird & Warner
Buyer's Agent
Miguel Lopez
Realty of Chicago LLC
List Price
$519,000
Sold Price
$486,500
Premium/Discount to List
-$32,500
-6.26%
Current Estimated Value
$1,497,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,012
Avg. Annual Appreciation
22.10%
Original Mortgage
$334,815
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
Jones Laurence J
Bought by
Milonas Jeremiah and The Larry Jones Irrevocable Trust Uad No

Purchase Details

Closed on
Sep 23, 1994
Sold by
Warmowski Richard F and Warmowski Arlene
Bought by
Jones Laurence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
7.12%
Mortgage Type
Commercial
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
Polkow Corey $486,500 Chicago Title Insurance Co
Milonas Jeremiah -- Attorney
Jones Laurence J $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polkow Corey $600,000
Closed Polkow Corey $334,815
Previous Owner Jones Laurence J $146,919
Previous Owner Jones Laurence J $233,150
Previous Owner Jones Laurence J $152,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $486,500 -2.5% $265 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $499,000 -3.9% $272 / Sq Ft
10/12/2019 10/12/19 For Sale $519,000 -- $283 / 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 $28,073 $146,698 $48,050 $98,648
2023 $28,845 $133,052 $38,750 $94,302
2022 $28,845 $140,240 $38,750 $101,490
2021 $29,410 $146,250 $38,750 $107,500
2020 $11,483 $51,545 $16,120 $35,425
2019 $11,636 $57,916 $16,120 $41,796
2018 $11,440 $57,916 $16,120 $41,796
2017 $11,350 $52,723 $14,260 $38,463
2016 $10,560 $52,723 $14,260 $38,463
2015 $9,661 $52,723 $14,260 $38,463
2014 $7,524 $40,552 $11,160 $29,392
2013 $7,375 $40,552 $11,160 $29,392
Source: Public Records

Agents Affiliated with this Home

  • Steve Hobbs

    Seller's Agent in 2020

    Steve Hobbs

    Baird Warner

    (773) 895-2271

    2 in this area

    54 Total Sales

    Steve Hobbs
    Section Image

  • M

    Buyer's Agent in 2020

    Miguel Lopez

    Realty of Chicago LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10546426

Midwest Real Estate Data (MRED)

APN: 14-19-318-014-0000

Illinois Cook County Chicago 60618 Roscoe Village

3337 N Oakley Ave, Chicago, IL

This home is located at 3337 N Oakley Ave, Chicago, IL 60618 since 12 October 2019 and is currently estimated at $1,497,512, approximately $815 per square foot. This property was built in 1896. 3337 N Oakley Ave is a home located in Cook County with nearby schools including John James Audubon Elementary School, Lake View High School, and Acero Charter - Carlos Fuentes Cmpus.

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