NOT LISTED FOR SALE

Estimated Value: $2,057,816

12 Beds
8 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 06, 2018

Last sale price $1,445,000

Est. 42% increase in value since last sale

Current estimated payment $12,698/month

51 Days on Market

About This Home

As of December 2018

Rarely available brick corner building in highly desirable Irving Park neighborhood consisting of 8 units and 2 store fronts. All units currently occupied and all on month to month leases with potential to raise these low rents asap. Each unit and store front has individual furnaces! Upgrades include new rubber roof 1 year ago, 2 new porches within the last 2 years, tuckpointing done in 2012, Hot water heater 5 years old, almost all new electric, recently remodeled hallways. Building consists of 4 large 2 bedroom units with dining rooms, 3 large 1 bedroom units with dining rooms & 1 studio all in pretty well maintained shape.

Last Agent to Sell the Property

Alia Kolovic

Century 21 Circle License #471019789 Listed on: 08/04/2018

Century 21 Circle

Last Buyer's Agent

Jose Campoverde

Chicagoland Brokers, Inc. License #475130449

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,491

Year Built

  • 1924

Lot Details

  • 6,534

Utilities

  • Central Air

Community Details

  • Fuel Expense $3,037
  • Insurance Expense $8,624

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,491

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 77480
  • Scavenger Expense: 9500
  • Total Annual Exp: 53200
  • Total Annual Income: 130680
  • Total Monthly Income: 10890
  • Number Of Stories: 3
  • Estimated Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1924

Exterior Features

  • Acreage: 0.15

Utilities

  • Air Conditioner: Central Air, Central Individual
  • Heatventilation: Central Heat/Indiv Controls, Forced Air
  • Water Expense: 6363

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 2400

Lot Info

  • Lot Dimensions: 59X117
  • Parcel Identification Number: 13144260330000

Rental Info

  • Gross Rental Income: 130680
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 3037
  • Insurance Expense: 8624

Tax Info

  • Taxes: 23276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2018
Closed on
Dec 6, 2018
Sold by
Irving Building Llc
Bought by
Jda Holdings Llc Irving Park Series
Seller's Agent
Alia Kolovic
Century 21 Circle
Buyer's Agent
Jose Campoverde
Chicagoland Brokers, Inc.
List Price
$1,550,000
Sold Price
$1,445,000
Premium/Discount to List
-$105,000
-6.77%
Current Estimated Value
$2,057,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,816
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Ilic Boban and Ilic Radmila
Bought by
Irving Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2004
Sold by
Calovic Rajko and Ilic Boban
Bought by
Ilic Boban and Ilic Radmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2004
Sold by
Giljen Dragoljub
Bought by
Ilic Boban and Ceric Munib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Perinovic George
Bought by
Giljen Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Perinovic George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.37%
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
Jda Holdings Llc Irving Park Series $1,445,000 Attorneys Title Guaranty Fu
Irving Building Llc -- Chicago Title Insurance Comp
Ilic Boban -- --
Ilic Boban $1,200,000 --
Giljen Daniel -- --
Perinovic George $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irving Building Llc $1,055,000
Previous Owner Ilic Boban $1,000,000
Previous Owner Giljen Daniel $560,000
Previous Owner Perinovic George $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2018 12/06/18 Sold $1,445,000 -6.8% --
09/24/2018 09/24/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $1,550,000 +7.3% --
08/31/2018 08/31/18 Off Market $1,445,000 -- --
08/04/2018 08/04/18 For Sale $1,550,000 -- --
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 $22,491 $127,001 $24,035 $102,966
2023 $21,910 $101,053 $12,361 $88,692
2022 $21,910 $101,053 $12,361 $88,692
2021 $21,392 $101,051 $12,360 $88,691
2020 $26,982 $120,701 $12,360 $108,341
2019 $24,331 $120,701 $12,360 $108,341
2018 $23,920 $120,701 $12,360 $108,341
2017 $25,015 $115,821 $10,815 $105,006
2016 $23,276 $115,821 $10,815 $105,006
2015 $21,298 $115,821 $10,815 $105,006
2014 $21,568 $115,821 $10,815 $105,006
2013 $21,142 $115,821 $10,815 $105,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10041746

Midwest Real Estate Data (MRED)

APN: 13-14-426-033-0000