NOT LISTED FOR SALE

3640 S 53rd Ave Cicero, IL 60804

Cicero Area
7 Beds
3 Baths
-- Sq Ft
1962 Built

Sale Details

Date Sold: November 30, 2018

Last sale price $175,000

227 Days on Market

About This Home

As of November 2018

Opportunity to own a Brick 3 Flat with a 2 Car detached Garage. Covered Patio off the Garage. Units are spacious, some with Dining Nooks and Hardwood Floors. Close to Shopping, Drexel School, Morton College and Cicero Community Park. Easy access to I-55 Expressway and Midway Airport. Live in 1 of the units and rent out the others. This is a Fannie Mae HomePath property. This is a legal 3 unit confirmed by city (non-conforming) See City inspection attached

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 03/05/2018

Last Buyer's Agent

John Warren

Second City Real Estate License #471020680

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,984

Year Built

  • Built in 1962

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Lot Details

  • Lot Dimensions are 25x126

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,984

Year Built

Built in 1962

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • 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, Electric, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 25X126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7983.87
  • Tax Year: 2016
  • Tax Exemptions: None

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
Mar 5, 2018
Closed on
Nov 5, 2018
Sold by
Fannie Mae
Bought by
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
John Warren
Second City Real Estate
List Price
$209,900
Sold Price
$175,000
Premium/Discount to List
-$34,900
-16.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Gtts Chicago Llc
Bought by
Scherston Real Estate Investments Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Navarro Carlos F and Gonzalez Armando
Bought by
Gonzalez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2006
Sold by
Navarro Carlos F
Bought by
Gonzalez Armando and Gonzalez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.36%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cicero, IL

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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
$175,000 First American Title Insuran
Scherston Real Estate Investments Llc -- None Available
Gonzalez Gerardo $320,000 Multiple
Gonzalez Armando -- Multiple
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
Closed $171,830
Previous Owner Gonzalez Gerardo $256,000
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
11/30/2018 11/30/18 Sold $175,000 -7.9% --
10/18/2018 10/18/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $190,000 -5.0% --
08/15/2018 08/15/18 Price Changed $199,900 -4.8% --
07/30/2018 07/30/18 For Sale $209,900 0.0% --
06/13/2018 06/13/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $209,900 -4.5% --
05/01/2018 05/01/18 Price Changed $219,900 -2.2% --
04/02/2018 04/02/18 Price Changed $224,900 -2.6% --
03/05/2018 03/05/18 For Sale $230,900 -- --
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 $9,027 $27,867 $3,413 $24,454
2024 $9,027 $27,867 $3,413 $24,454
2023 $6,522 $30,000 $3,413 $26,587
2022 $6,522 $18,356 $2,937 $15,419
2021 $6,485 $18,354 $2,936 $15,418
2020 $6,401 $18,354 $2,936 $15,418
2019 $6,679 $13,488 $2,698 $10,790
2018 $10,613 $22,014 $2,698 $19,316
2017 $10,230 $22,014 $2,698 $19,316
2016 $7,984 $16,409 $2,222 $14,187
2015 $7,890 $16,409 $2,222 $14,187
2014 $7,595 $16,409 $2,222 $14,187
2013 $7,461 $17,849 $2,222 $15,627
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09874909

Midwest Real Estate Data (MRED)
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