NOT LISTED FOR SALE

3552 N Southport Ave Unit 2 Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $1,797,000 - $2,114,000

3 Beds
2 Baths
1,113 Sq Ft
$1,757/Sq Ft Est. Value

Highlights

  • Living Room
  • 4-minute walk to Southport Station
  • Dogs and Cats Allowed
  • Hamilton Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 2-minute walk to Sheil Park

About This Home

As of June 2022

Located in the heart of Southport Corridor, steps from shopping, dining, and the CTA Southport Brown Line station. This spacious 3 bed/2 bath unit features hardwood floors throughout, oversized living room/dining room combo, fully updated kitchen with stainless steel appliances and granite countertops, in unit laundry, central air, and access to large shared deck space. Pets welcome!

Last Agent to Rent the Property

Carmen Becker

Cross Street Real Estate License #475194678 Listed on: 05/25/2022

Cross Street Real Estate

Last Renter's Agent

Chris Pezza

Corcoran Urban Real Estate License #475135981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,498

Year Built | Renovated

  • 1930 | 2019

Lot Details

  • 6,011

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,113 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 6/15/22
  • Rent includes water

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • Pets up to 60 lbs
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,498

Year Built | Renovated

1930 | 2019

Lot Details

0

Rental Info

  • Available Date: 2022-06-15
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2895
  • Max Pet Weight: 60

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2ND
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1930
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1113
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 2895
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK, Size Limit
  • Rent Includes: Water

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2012
Sold by
South Add Llc
Bought by
Strs L3 Acq1 Llc
Current Estimated Value
$1,931,000

Purchase Details

Closed on
Jun 21, 2011
Sold by
3550-3556 N Southport Llc
Bought by
South Add Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,505,525
Interest Rate
4.56%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2002
Sold by
Lasalle Bank National Assn
Bought by
3550-56 North Southport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320,000
Interest Rate
7.5%
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
Strs L3 Acq1 Llc $6,334,000 None Available
South Add Llc $3,600,000 Git
3550-56 North Southport Llc $2,070,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Strs L3 Acq1 Llc $15,500,000
Previous Owner South Add Llc $3,500,000
Previous Owner South Add Llc $2,505,525
Previous Owner 3550-3556 N Southport Llc $552,500
Previous Owner 3550-56 North Southport Llc $4,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Rented $2,895 0.0% --
05/28/2022 05/28/22 Under Contract -- -- --
05/25/2022 05/25/22 For Rent $2,895 +11.3% --
02/15/2019 02/15/19 Rented $2,600 -3.5% --
12/11/2018 12/11/18 Price Changed $2,695 -3.8% $2 / Sq Ft
10/12/2018 10/12/18 For Rent $2,800 -- --
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 $39,498 $202,000 $100,998 $101,002
2023 $38,482 $182,000 $90,000 $92,000
2022 $38,482 $182,000 $90,000 $92,000
2021 $37,599 $182,000 $90,000 $92,000
2020 $34,354 $150,152 $38,400 $111,752
2019 $34,478 $166,836 $38,400 $128,436
2018 $33,898 $166,836 $38,400 $128,436
2017 $34,157 $154,131 $33,600 $120,531
2016 $31,830 $154,131 $33,600 $120,531
2015 $38,650 $204,143 $33,600 $170,543
2014 $35,972 $187,172 $27,600 $159,572
2013 $35,288 $187,172 $27,600 $159,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11415361

Midwest Real Estate Data (MRED)

APN: 14-20-303-017-0000