NOT LISTED FOR SALE
8 Beds
5 Baths
2,438 Sq Ft
1961 Built

Sale Details

Date Sold: July 15, 2024

Last sale price $400,000 $164 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of July 2024

Discover an enticing opportunity in Ashburn, Chicago - a 3-unit building beckoning potential buyers with promises of a lucrative multi-unit investment. Nestled within its walls are tenants occupying both the garden apartment and first floor, hinting at a steady stream of rental income already flowing from the property. This allure extends particularly to investors seeking to bolster their real estate holdings. For owner-occupiers, the presence of these occupants adds a layer of complexity, necessitating a careful consideration of existing leases and personal occupancy plans. PROPERTY REQUIRES REPAIRS. PLEASE REVIEW BROKER REMARKS.

Last Agent to Sell the Property

Deborah Peoples

Keller Williams ONEChicago License #475122929 Listed on: 05/15/2024

Keller Williams ONEChicago

Co-Listed By

Andre Mitchell

Keller Williams ONEChicago License #475157028

Last Buyer's Agent

Natalia Martinez

Realty of America, LLC License #475133449

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1961

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1961

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • 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: Steam, Baseboard
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 4499
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5290.97
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 10, 2024
Sold by
Bought by
Seller's Agent
Deborah Peoples
Keller Williams ONEChicago
Buyer's Agent
Natalia Martinez
Realty of America, LLC
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.075%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
0.068%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 None Listed On Document
-- None Listed On Document
-- Cst
$200,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $232,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $400,000 +0.3% $164 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $399,000 -- $164 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,448 $31,000 $2,699 $28,301
2024 $5,448 $31,000 $2,699 $28,301
2023 $5,291 $29,000 $3,599 $25,401
2022 $5,291 $29,000 $3,599 $25,401
2021 $5,162 $28,999 $3,599 $25,400
2020 $3,439 $18,442 $3,599 $14,843
2019 $3,544 $20,957 $3,599 $17,358
2018 $3,484 $20,957 $3,599 $17,358
2017 $4,626 $24,724 $3,149 $21,575
2016 $4,481 $24,724 $3,149 $21,575
2015 $4,079 $24,724 $3,149 $21,575
2014 $3,657 $22,129 $2,924 $19,205
2013 $3,575 $22,129 $2,924 $19,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12055720

Midwest Real Estate Data (MRED)

APN: 19352000430000

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