NOT LISTED FOR SALE

3347 W Cullom Ave Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $545,000 - $648,000

4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 07, 2018

Last sale price $363,000

Est. 66% increase in value since last sale

Current estimated payment $3,926/month

32 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard

About This Home

As of November 2018

Do not miss this opportunity to own a legal 2 flat in the Irving Park neighborhood. Property is in need of a complete gut rehab. Could be perfect investment opportunity to fix up and keep for cash flow or redevelop into a single family home. Alot of development work on the block. Tenant occupied and requires 48 hour notice for showings. Rent is currently below market pricing. Property Sold As-IS. There are notes of minor roof leaks. Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.

Last Agent to Sell the Property

Matthew Alter

Lake Street Realty Group LLC License #475170612 Listed on: 06/28/2018

Last Buyer's Agent

Gabrielle Burja-Varga

Pro-Via Realty Corp. License #471017043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,998

Year Built

  • Built in 1909

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,998

Year Built

Built in 1909

Lot Details

3,485 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: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Flat
  • 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, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6997.88
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Nov 7, 2018
Sold by
Feiger Zev
Bought by
Narea Luis M Martos and Guaman Bertha A Barreto
Seller's Agent
Matthew Alter
Lake Street Realty Group LLC
Buyer's Agent
Gabrielle Burja-Varga
Pro-Via Realty Corp.
List Price
$399,000
Sold Price
$363,000
Premium/Discount to List
-$36,000
-9.02%
Current Estimated Value
$602,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,000
Avg. Annual Appreciation
7.10%
Original Mortgage
$389,428
Outstanding Balance
$345,248
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$256,752

Purchase Details

Closed on
Apr 20, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Feiger Zev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2017
Sold by
Velazquez Jose
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 25, 2001
Sold by
Velasquez Jose and Velasquez Rosalba
Bought by
Velasquez Jose and Velasquez Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1996
Sold by
Albany Bank & Trust Company Na
Bought by
Velazquez Jose and Velazquez Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,702
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Narea Luis M Martos $363,000 Chicago Title Insurance Comp
Feiger Zev $283,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Velasquez Jose -- First American Title
Velazquez Jose $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narea Luis M Martos $389,428
Previous Owner Feiger Zev $225,000
Previous Owner Velasquez Jose $137,500
Previous Owner Velazquez Jose $138,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2018 11/07/18 Sold $363,000 -3.2% --
07/30/2018 07/30/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $375,000 -6.0% --
06/28/2018 06/28/18 For Sale $399,000 -- --
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 $9,105 $52,000 $23,064 $28,936
2024 $9,105 $52,000 $23,064 $28,936
2023 $8,876 $43,000 $18,600 $24,400
2022 $8,876 $43,000 $18,600 $24,400
2021 $8,675 $43,000 $18,600 $24,400
2020 $8,015 $35,855 $8,184 $27,671
2019 $8,213 $40,745 $8,184 $32,561
2018 $7,394 $40,745 $8,184 $32,561
2017 $7,331 $37,319 $7,440 $29,879
2016 $6,998 $37,319 $7,440 $29,879
2015 $6,380 $37,319 $7,440 $29,879
2014 $5,843 $33,947 $6,696 $27,251
2013 $5,717 $33,947 $6,696 $27,251
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matthew Alter

    Lake Street Realty Group LLC

    Section Image

  • G

    Buyer's Agent in 2018

    Gabrielle Burja-Varga

    Pro-Via Realty Corp.

    (773) 968-4551

    77 Total Sales

    Gabrielle Burja-Varga
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10002273

Midwest Real Estate Data (MRED)

APN: 13-14-412-005-0000

Illinois Cook County Chicago 60618 Irving Park

3347 W Cullom Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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