NOT LISTED FOR SALE

3724 N Spaulding Ave Chicago, IL 60618

Irving Park Neighborhood

Estimated Value: $507,000 - $554,000

4 Beds
2 Baths
938 Sq Ft
$568/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $345,000 $368 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,513/month

12 Days on Market

Highlights

  • Fenced Yard
  • Two Heating Systems
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of October 2015

VERY WELL MAINTAINED 2 FLAT ON A LOVELY BLOCK WITH MANY REHABBED PROPERTIES. THIS IS AN AREA WHERE DEVELOPERS AND OWNERS ALIKE ARE PURCHASING BOTH SINGLE FAMILY AND 2 FLATS AND CONVERTING TO FABULOUS 2 STORY HOMES VALUED OVER $500,000. BOTH APARTMENTS ARE SPACIOUS WITH FAIRLY UPDATED KITCHENS AND BATHS 1ST FLOOR HAS A LARGE LIVING ROOM, FORMAL DINING ROOM 2 BEDROOMS AND AN EXPANDED KITCHEN WITH SEPARATE DINETTE AREA. 2ND FLOOR IS A GOOD SIZE UNIT WITH 2 NICE SIZE BEDROOMS A LIVING AND DINING ROOM AND FINISHED ENCL PORCH. FULL FINISHED BASEMENT FOR ENTERTAINING WITH 1/2 BATH SEPARATE GAS HOT WATER HEATING SYSTEMS A VERY NICE YARD AND A 2 CAR GARAGE. SUPER CONVENIENT LOCATION WALKING DISTANCE TO THE BLUE LINE TAKING YOU DOWNTOWN OR TO THE AIRPORT. SHOPPING ALL NEARBY.

Last Agent to Sell the Property

Norbert Mika

Compass License #471001355 Listed on: 08/06/2015

Compass

Last Buyer's Agent

Daniel Mirea

Berkshire Hathaway HomeServices Chicago

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1904

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 28 x 125
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Heating Systems
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Gross Income $9,600
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,798

Year Built

Built in 1904

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: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 359000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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, Steam, Sep Heating Systems - 2+
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 6000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 28 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 3600
  • GrossIncome: 9600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2797.72
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Macken Patrice E and Macken Michael J
Bought by
Patrice E Macken Revocable Trust and Macken
Current Estimated Value
$533,113

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 16, 2015
Sold by
Kincaid Carlos D and Kincaid Sandra L
Bought by
Macken Patrice E and Macken Michael J
Seller's Agent
Norbert Mika
Compass
Buyer's Agent
Daniel Mirea
Berkshire Hathaway HomeServices Chicago
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$258,750
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Patrice E Macken Revocable Trust -- None Listed On Document
Macken Patrice E $345,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macken Patrice E $243,000
Previous Owner Macken Patrice E $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $345,000 -3.9% $368 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $359,000 -- $383 / 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 $7,554 $34,220 $15,225 $18,995
2023 $7,342 $38,992 $12,250 $26,742
2022 $7,342 $38,992 $12,250 $26,742
2021 $7,195 $38,992 $12,250 $26,742
2020 $5,289 $26,761 $5,600 $21,161
2019 $6,500 $35,673 $5,600 $30,073
2018 $6,389 $35,673 $5,600 $30,073
2017 $3,761 $20,791 $4,900 $15,891
2016 $3,676 $20,791 $4,900 $15,891
2015 $3,341 $20,791 $4,900 $15,891
2014 $2,865 $17,956 $4,200 $13,756
2013 $2,798 $17,956 $4,200 $13,756
Source: Public Records

Agents Affiliated with this Home

  • Norbert Mika

    Seller's Agent in 2015

    Norbert Mika

    Compass

    (773) 406-7116

    96 Total Sales

    Norbert Mika
    Section Image
  • Daniel Mirea

    Buyer's Agent in 2015

    Daniel Mirea

    Berkshire Hathaway HomeServices Chicago

    (773) 814-2131

    133 Total Sales

    Daniel Mirea
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09004187

Midwest Real Estate Data (MRED)

APN: 13-23-223-043-0000

Illinois Cook County Chicago 60618 Irving Park

3724 N Spaulding Ave, Chicago, IL

This home is located at 3724 N Spaulding Ave, Chicago, IL 60618 since 06 August 2015 and is currently estimated at $533,113, approximately $568 per square foot. This property was built in 1904. 3724 N Spaulding Ave is a home located in Cook County with nearby schools including Cleveland Elementary School, Schurz High School, and CICS Irving Park.

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