NOT LISTED FOR SALE

Estimated Value: $342,789 - $387,000

6 Beds
3 Baths
1,433 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $339,000 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,212/month

31 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Anderson Park

About This Home

As of August 2024

DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.

Last Agent to Sell the Property

James Kolar

HomeSmart Realty Group License #471004472 Listed on: 05/07/2024

HomeSmart Realty Group

Co-Listed By

Rachel Frenzel

HomeSmart Realty Group License #475178663

Last Buyer's Agent

Crystal Nwaokocha

Coldwell Banker Realty License #475189114

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1948

Lot Details

  • 2,178

Home Design

  • Flat Roof Shape
  • 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

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 46x48

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,950

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 46X48
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3949.87
  • Tax Year: 2022
  • Tax Exemptions: None

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
May 7, 2024
Closed on
Jul 27, 2024
Sold by
Us 9 Investment Group Llc
Bought by
Twum William
Seller's Agent
James Kolar
HomeSmart Realty Group
Buyer's Agent
Crystal Nwaokocha
Coldwell Banker Realty
List Price
$349,900
Sold Price
$339,000
Premium/Discount to List
-$10,900
-3.12%
Views
44
Current Estimated Value
$360,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,197
Avg. Annual Appreciation
4.33%
Original Mortgage
$6,000
Interest Rate
1.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2015
Sold by
Hammerhead Development Llc
Bought by
U S 9 Investment Group Llc

Purchase Details

Closed on
Jun 10, 2015
Sold by
County Of Cook
Bought by
Hammerhead Development Llc

Purchase Details

Closed on
Apr 21, 1995
Sold by
Austin Elizabeth E and Austin Annie E
Bought by
Larry Oliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,350
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Twum William $339,000 Fidelity National Title
U S 9 Investment Group Llc $40,000 Git
Hammerhead Development Llc -- None Available
Larry Oliver -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Twum William $6,000
Open Twum William $332,859
Previous Owner Larry Oliver $20,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $339,000 -3.1% $237 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $349,900 -- $244 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $4,052 $12,000 $8,000 $4,000
2024 $4,052 $12,000 $8,000 $4,000
2023 $3,950 $19,144 $7,644 $11,500
2022 $3,950 $19,144 $7,644 $11,500
2021 $2,701 $13,394 $7,644 $5,750
2020 $1,767 $7,930 $6,552 $1,378
2019 $4,086 $20,337 $6,552 $13,785
2018 $4,017 $20,337 $6,552 $13,785
2017 $3,652 $16,963 $5,460 $11,503
2016 $3,398 $16,963 $5,460 $11,503
2015 $3,108 $16,963 $5,460 $11,503
2014 $2,418 $13,034 $4,368 $8,666
2013 -- $13,034 $4,368 $8,666
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12049861

Midwest Real Estate Data (MRED)

APN: 17-34-315-007-0000