NOT LISTED FOR SALE

3359 W Berteau Ave Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $747,000 - $805,692

20 Beds
9 Baths
950 Sq Ft
$817/Sq Ft Est. Value

Last Sold April 05, 2017

Last sale price $1,280,000 $1,347 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $5,450/month

6 Days on Market

About This Home

As of April 2017

Nine (9) unit multi-family building in the Irving Park neighborhood. Each unit is separately metered with individual forced-air and 40-gallon water heaters. Recent renovations include a new intercom system, cabinets, granite counter tops, newer appliances and windows. The building has 200 amps service and circuit breakers.

Last Agent to Sell the Property

Brent Straitiff

Westward360 RM License #471008405 Listed on: 02/02/2017

Last Buyer's Agent

John Krumsee

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,517

Year Built

  • Built in 1912

Lot Details

  • 3,125 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 9 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $945
  • Fuel Expense $1,116
  • Insurance Expense $3,669
  • Maintenance Expense $6,072
  • Other Expense $4,284
  • Trash Expense $1,279
  • Water Sewer Expense $1,990
  • Operating Expense $31,313
  • Gross Income $121,440
  • Net Operating Income $90,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,517

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: New Rehab
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9
  • Total Bedrooms: 20
  • Basement Description: Unfinished
  • Fireplaces: 2
  • Refrigerators: 9
  • Ranges: 9
  • Number of Windows: 0
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 1325000
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: Yes

Fee Information

  • Trash Expense: 1279
  • Water Sewer Expenses: 1990
  • Janitor Expense: 1440

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 90884
  • Fuel Expense: 1116
  • Insurance Expense: 3669
  • ElectricExpense: 945
  • GrossIncome: 121440
  • Maintenance Expense: 6072
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 31313
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 10517
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Krumsee Raymond J and The Kathryn Krumsee Living Tru
Bought by
Krumsee John C and The John C Krumsee Real Estate Trust
Current Estimated Value
$776,346

Purchase Details

Closed on
Jul 16, 2014
Sold by
Nch Berteau Llc
Bought by
Everest Investments Llc A Series Llc 3359 W B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Outstanding Balance
$534,943
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$241,403

Purchase Details

Closed on
Feb 28, 2012
Sold by
Nckr Llc
Bought by
Nch Berteau Llc

Purchase Details

Closed on
Apr 28, 1998
Sold by
Ardeljan Dorde and Ardeljan Viorika
Bought by
Ajrulla Avdi and Ajrulla Nazajet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
Mortgage Type
Commercial
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
Krumsee John C -- None Available
Everest Investments Llc A Series Llc 3359 W B $935,000 --
Everest Investments Llc A Series Llc 3359 W B $935,000 --
Everest Investments Llc A Series Llc 3359 W B $935,000 --
Nch Berteau Llc $375,000 None Available
Ajrulla Avdi $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everest Investments Llc A Series Llc 3359 W B $701,250
Closed Everest Investments Llc A Series Llc 3359 W B $701,250
Previous Owner Ajrulla Avdi $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Off Market $1,280,000 -- --
04/05/2017 04/05/17 Sold $1,280,000 -3.4% $1,347 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $1,325,000 0.0% $1,395 / Sq Ft
04/13/2016 04/13/16 Rented $1,300 0.0% --
03/21/2016 03/21/16 For Rent $1,300 -- --
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 $16,150 $86,100 $19,220 $66,880
2023 $15,744 $76,273 $5,580 $70,693
2022 $15,744 $76,273 $5,580 $70,693
2021 $15,388 $76,272 $5,580 $70,692
2020 $10,210 $45,675 $5,580 $40,095
2019 $6,060 $30,064 $5,580 $24,484
2018 $11,349 $57,266 $5,580 $51,686
2017 $12,353 $57,193 $4,882 $52,311
2016 $11,494 $57,193 $4,882 $52,311
2015 $10,517 $57,193 $4,882 $52,311
2014 $10,650 $57,193 $4,882 $52,311
2013 $10,440 $57,193 $4,882 $52,311
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brent Straitiff

    Westward360 RM

    Section Image

  • J

    Buyer's Agent in 2017

    John Krumsee

    Kale Realty

    Section Image
  • Alan Cosby

    Seller's Agent in 2016

    Alan Cosby

    Westward360 RM

    (800) 901-5431

    2 in this area

    106 Total Sales

    Alan Cosby
    Section Image
  • Nathan Brown

    Seller Co-Listing Agent in 2016

    Nathan Brown

    Westward360 RM

    (309) 831-9400

    3 in this area

    11 Total Sales

    Nathan Brown
    Section Image

  • T

    Buyer's Agent in 2016

    Tiffany Gollinger

    Fulton Grace

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09493548

Midwest Real Estate Data (MRED)

APN: 13-14-420-001-0000

Illinois Cook County Chicago 60618 Irving Park

3359 W Berteau Ave, Chicago, IL

This home is located at 3359 W Berteau Ave, Chicago, IL 60618 since 02 February 2017 and is currently estimated at $776,346, approximately $817 per square foot. This property was built in 1912. 3359 W Berteau Ave is a home located in Cook County with nearby schools including Henry Elementary School, Roosevelt High School, and CICS Irving Park.

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