NOT LISTED FOR SALE

Estimated Value: $791,568 - $1,332,000

4 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 19, 2016

Last sale price $535,500

Est. 83% increase in value since last sale

Current estimated payment $5,906/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Steam
  • 3-minute walk to Elston (Daniel) Park
  • Forced Air Heating System

About This Home

As of April 2016

Hot Avondale investment opportunity! 3 flat with additional live/work loft space. Lots of upgrades including all new electric, plumbing, and HVAC, 2 of 4 kitchens with granite counters & dishwashers, all appliances two years old, seperate utilities. Three units are 2 bedrooms. Loft space has one bedroom. Check out our floorplans! Brand new 2 car garage and laundry facilities are on the premises. New Hardie board exterior and stone veneer.

Last Agent to Sell the Property

Colette Adams

@properties Christie's International Real Estate License #471012737 Listed on: 02/15/2016

@properties Christie's International Real Estate

Co-Listed By

David Baran

@properties Christie's International Real Estate License #471000382

Last Buyer's Agent

Melissa Stanley

Baird & Warner License #471004787

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,984

Year Built

  • Built in 1892

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

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

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $50,100
  • Net Operating Income $45,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,984

Year Built

Built in 1892

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: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

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, Electric, Forced Air, Steam
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 5214

Lot Info

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

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 45186
  • GrossIncome: 50100
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,2 Story Unit/s,Other

Tax Info

  • Tax Annual Amount: 5983.62
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Apr 19, 2016
Sold by
Triston Group Propertiess Llc
Bought by
Li Thomas W and Schwartz Mindy R
Seller's Agent
Colette Adams
@properties Christie's International Real Estate
Buyer's Agent
Melissa Stanley
Baird & Warner
List Price
$575,000
Sold Price
$535,500
Premium/Discount to List
-$39,500
-6.87%
Current Estimated Value
$978,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,689
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Bruski Mary S and Bruski Kenneth E
Bought by
Triston Group Properties Llc
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
Li Thomas W $535,500 Chicago Title
Triston Group Properties Llc $130,000 Cti
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $535,500 -6.9% --
02/23/2016 02/23/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $575,000 -- --
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 $9,317 $59,000 $19,220 $39,780
2023 $9,082 $44,000 $15,500 $28,500
2022 $9,082 $44,000 $15,500 $28,500
2021 $8,878 $44,003 $15,503 $28,500
2020 $8,739 $39,089 $6,820 $32,269
2019 $8,957 $44,420 $6,820 $37,600
2018 $8,774 $44,420 $6,820 $37,600
2017 $8,517 $39,563 $6,200 $33,363
2016 $7,924 $39,563 $6,200 $33,363
2015 $7,250 $39,563 $6,200 $33,363
2014 $5,984 $32,250 $5,580 $26,670
2013 $5,865 $32,250 $5,580 $26,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09139517

Midwest Real Estate Data (MRED)

APN: 13-24-310-023-0000