NOT LISTED FOR SALE

Estimated Value: $538,000 - $786,000

8 Beds
3 Baths
1,649 Sq Ft
$396/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $448,900 $272 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,437/month

139 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Lower Floor Utility Room
  • Deck
  • Tennis Courts
  • 4-minute walk to Sacramento Playlot

About This Home

As of March 2022

Multi-unit investment property in desirable Irving Park. The first floor unit features 4 bedrooms. The second floor unit has 3 bedrooms. First and second floors have have updated kitchens and hardwood floors. Utilities are the responsibility of the tenant except for water. Full-sized washer and dryer as well as additional storage located on the lower level. Steps to California and Horner Parks, CTA-Addison Blue Line, Metra-Irving Park Station, CTA Bus #152, I-90/94. CURRENT PROPERTY OWNER UPDATES... 2016 | Replaced chimney and cap; 2011 | Replaced water heater; 2010 | Renovated garden unit; 2009 | Replaced and expanded garage; 2006 | New windows, new siding, new furnace, installed central air conditioning in the 1st floor unit and basement.

Last Agent to Sell the Property

Chris Vernald

Corcoran Urban Real Estate License #475140372 Listed on: 07/26/2021

Corcoran Urban Real Estate

Co-Listed By

Erik Schwab

Corcoran Urban Real Estate License #471021496

Last Buyer's Agent

Leonardo Lopez

eXp Realty License #475197450

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,724

Year Built

  • Built in 1896 | Remodeled in 2015

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms
  • European Shower

Partially Finished Basement

  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Bedroom in Basement
  • Basement Storage
  • Basement Window Egress

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a park

Schools

  • Cleveland Elementary School
  • Schurz High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts

Building Details

  • Electric Expense $1,081
  • Fuel Expense $1,360
  • Insurance Expense $762
  • Maintenance Expense $750
  • Professional Management Expense $250
  • Trash Expense $342
  • Water Sewer Expense $1,365
  • Gross Income $3,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,724

Year Built

Built in 1896 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Professional Management Expense: 250
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AP2: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Hardwood Floors
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished,Exterior Access,Egress Window,Concrete (Basement),Sleeping Area,Storage Space,Walk-Up Access
  • Bathroom Amenities: European Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 434900
  • Lot Features: Fenced Yard, Landscaped, Sidewalks, Streetlights
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Public

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 342
  • Water Sewer Expenses: 1365
  • Other Expenses $: 150

Schools

  • Elementary School: Cleveland Elementary School
  • High School: Schurz High School
  • Middle/Junior School: Cleveland Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Fuel Expense: 1360
  • Insurance Expense: 762
  • ElectricExpense: 1081
  • GrossIncome: 3775
  • Maintenance Expense: 750
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 6724.38
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Pena Isreal
Bought by
Ne-Iz Properties Llc
Current Estimated Value
$652,514

Purchase Details

Listed on
Jul 26, 2021
Closed on
Mar 4, 2022
Sold by
Gregg Thomas and Gregg Magaly
Bought by
Pena Israel J
Seller's Agent
Chris Vernald
Corcoran Urban Real Estate
Buyer's Agent
Leonardo Lopez
eXp Realty
Sold Price
$448,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$440,768
Interest Rate
3.69%

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 24, 2022
Sold by
Gregg Thomas and Gregg Magaly
Bought by
Pena Israel J
Seller's Agent
Chris Vernald
Corcoran Urban Real Estate
Buyer's Agent
Leonardo Lopez
eXp Realty
Sold Price
$448,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,768
Interest Rate
3.69%

Purchase Details

Closed on
Aug 23, 2012
Sold by
Tai Bor Lin
Bought by
4X4 Capital Llc

Purchase Details

Closed on
Apr 27, 2005
Sold by
Heredia Maria T
Bought by
Gregg Thomas and Heeren Magaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,560
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2001
Sold by
Heredia Maria T and Torres Humberto
Bought by
Heredia Maria T

Purchase Details

Closed on
Mar 16, 2000
Sold by
Heredia Maria T and Torres Humberto
Bought by
Torres Humberto and Heredia Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
9.99%

Purchase Details

Closed on
May 29, 1998
Sold by
Cordoba Elizabeth N
Bought by
Torres Humberto and Heredia Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,493
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Ne-Iz Properties Llc -- None Listed On Document
Pena Israel J $449,000 --
Pena Israel J $449,000 --
4X4 Capital Llc -- None Available
Gregg Thomas $348,000 Ticor
Heredia Maria T -- --
Torres Humberto -- Prairie Title
Torres Humberto $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Israel J $440,768
Previous Owner Gregg Thomas $265,000
Previous Owner Gregg Thomas $80,000
Previous Owner Gregg Thomas $337,560
Previous Owner Heredia Maria T $32,000
Previous Owner Heredia Maria T $262,500
Previous Owner Torres Humberto $205,200
Previous Owner Torres Humberto $156,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $448,900 -18.4% $272 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/06/2021 12/06/21 For Sale -- -- --
11/24/2021 11/24/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $549,900 -- $333 / 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 $10,587 $47,000 $19,375 $27,625
2023 $10,321 $50,000 $15,625 $34,375
2022 $10,321 $50,000 $15,625 $34,375
2021 $10,088 $50,000 $15,625 $34,375
2020 $6,724 $30,081 $6,875 $23,206
2019 $6,738 $33,424 $6,875 $26,549
2018 $6,624 $33,424 $6,875 $26,549
2017 $6,155 $28,499 $6,250 $22,249
2016 $6,393 $31,810 $6,250 $25,560
2015 $5,849 $31,810 $6,250 $25,560
2014 $5,208 $27,968 $5,625 $22,343
2013 $4,625 $27,968 $5,625 $22,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11168420

Midwest Real Estate Data (MRED)

APN: 13-24-119-041-0000