NOT LISTED FOR SALE

Estimated Value: $316,000 - $547,000

6 Beds
3 Baths
1,113 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $297,000 $267 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,672/month

14 Days on Market

About This Home

As of October 2016

LOOKING FOR ABRICK TWO UNIT BUILDING IN MCKINLEY PARK WITH PLENTY OF SPACE, WITH NOTHING TO DO BUT MOVE IN. LOOK NO MORE. SHOW AND SELL THIS EXTRODINARY TWO UNIT IN THE HEART OF MCKINLEY PARK.

Last Agent to Sell the Property

Leopoldo Saucedo

Citywide Realty LLC License #471014363 Listed on: 08/11/2016

Last Buyer's Agent

Adriana Bahena

Compass License #475171172

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,873

Year Built

  • Built in 1885

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

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

$2,873

Year Built

Built in 1885

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: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

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: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2873.11
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Oct 28, 2016
Sold by
Chavez Juan C and Chavez Veronica Fonseca
Bought by
Roa Rosalie
Seller's Agent
Leopoldo Saucedo
Citywide Realty LLC
Buyer's Agent
Adriana Bahena
Compass
List Price
$314,900
Sold Price
$297,000
Premium/Discount to List
-$17,900
-5.68%
Current Estimated Value
$432,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,902
Avg. Annual Appreciation
4.27%
Original Mortgage
$270,000
Outstanding Balance
$218,120
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$214,782

Purchase Details

Closed on
Aug 23, 2004
Sold by
Chavez Juan C and Castellanos Elizabeth
Bought by
Chavez Juan C and Chavez Veronica Fonseca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 2002
Sold by
Hernandez Ramon
Bought by
Chavez Juan and Castellanos Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
6.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2000
Sold by
Hernandez Ramon and Campos Maria A
Bought by
Hernandez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
11.6%

Purchase Details

Closed on
May 16, 1998
Sold by
Hernandez Ramon and Hernandez Raquel
Bought by
Hernandez Ramon and Campos Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
11.25%
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
Roa Rosalie $297,000 Greater Illinois Title Compa
Chavez Juan C -- Law Title
Chavez Juan $145,000 --
Hernandez Ramon -- Brokers Title Insurance Co
Hernandez Ramon -- Brokers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roa Rosalie $270,000
Previous Owner Chavez Juan C $158,000
Previous Owner Chavez Juan $142,759
Previous Owner Hernandez Ramon $109,200
Previous Owner Hernandez Ramon $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $297,000 -5.7% $267 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $314,900 -- $283 / Sq Ft
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 $4,812 $24,000 $9,765 $14,235
2023 $4,671 $26,000 $7,875 $18,125
2022 $4,671 $26,000 $7,875 $18,125
2021 $4,559 $26,000 $7,875 $18,125
2020 $4,403 $22,739 $6,300 $16,439
2019 $4,473 $25,550 $6,300 $19,250
2018 $4,397 $25,550 $6,300 $19,250
2017 $4,154 $19,172 $5,355 $13,817
2016 $3,362 $19,172 $5,355 $13,817
2015 $3,055 $19,172 $5,355 $13,817
2014 $2,873 $17,934 $3,780 $14,154
2013 $2,806 $17,934 $3,780 $14,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09313819

Midwest Real Estate Data (MRED)

APN: 17-31-402-022-0000