NOT LISTED FOR SALE

Estimated Value: $265,000 - $311,000

5 Beds
3 Baths
1,486 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $195,000 $131 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,954/month

17 Days on Market

Highlights

  • Den
  • Fenced Yard
  • Forced Air Heating System
  • Lower Floor Utility Room
  • Enclosed Patio or Porch

About This Home

As of December 2019

A great starter 2 unit for the smart owner/investor. The owner can easily rent one unit and pay for more than half of the mortgage or rent both units and it pays itself. The first floor features 2 bedrooms plus an office, a very large living room and dining room with gleaming hardwood floors. The kitchen was given an update and a brand new bathroom was completed. The second floor features 2 bedrooms, a living room, a kitchen and a bathroom. The owner has updated the apartments, forced heat, windows, plumbing, light fixtures, etc. Tehre are 3 parking spaces in the back and space to build a garage. The property sits on a double lot and is located near public transportation, restaurants, school, grocery store and much more. The vacant unit will be shown at first appt only.

Last Agent to Sell the Property

Erika Villegas

Re/Max In The Village License #471020421 Listed on: 08/23/2019

Re/Max In The Village

Last Buyer's Agent

Jorge Mariscal

RE/MAX Partners License #475132372

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced Yard

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Den
  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Room Type: Den, Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 199900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3686.55
  • Tax Year: 2017
  • 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
Aug 23, 2019
Closed on
Dec 2, 2019
Sold by
Mota Jesus H and Mota Magdalena
Bought by
Ceballos Carlos J and Garcia Heydi Castro
Seller's Agent
Erika Villegas
Re/Max In The Village
Buyer's Agent
Jorge Mariscal
RE/MAX Partners
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$294,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,289
Avg. Annual Appreciation
7.41%
Original Mortgage
$175,500
Outstanding Balance
$158,963
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$135,326

Purchase Details

Closed on
May 23, 2013
Sold by
U S Bank Na
Bought by
Mota Jesus H and Mota Magdalena

Purchase Details

Closed on
Sep 24, 2012
Sold by
Rios Pablo
Bought by
Us Bank Na and Abfc 2007 Wmc1 Trust

Purchase Details

Closed on
Aug 12, 2004
Sold by
Cuevas Angel and Cuevas Elva
Bought by
Rios Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2003
Sold by
Rodriguez Rene E and Rodriguez Alma
Bought by
Cuevas Angel and Cuevas Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 1993
Sold by
Columbia National Bank Of Chicago
Bought by
Rodriguez Rene and Rodriguez Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.22%
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
Ceballos Carlos J $195,000 Chicago Title
Mota Jesus H $50,300 None Available
Us Bank Na -- None Available
Rios Pablo $240,000 Ticor Title
Cuevas Angel $175,000 Multiple
Rodriguez Rene $56,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceballos Carlos J $175,500
Previous Owner Rios Pablo $270,000
Previous Owner Rios Pablo $192,000
Previous Owner Cuevas Angel $166,250
Previous Owner Rodriguez Rene $80,750
Closed Rios Pablo $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $195,000 -2.5% $131 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $199,900 +297.4% $135 / Sq Ft
08/16/2013 08/16/13 Sold $50,300 +25.8% $34 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $40,000 -- $27 / 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 $4,243 $24,000 $5,000 $19,000
2023 $4,137 $20,000 $6,250 $13,750
2022 $4,137 $20,000 $6,250 $13,750
2021 $4,022 $20,000 $6,250 $13,750
2020 $4,088 $18,234 $6,250 $11,984
2019 $4,143 $20,488 $6,250 $14,238
2018 $4,073 $20,488 $6,250 $14,238
2017 $3,687 $17,013 $5,625 $11,388
2016 $3,430 $17,013 $5,625 $11,388
2015 $3,140 $17,013 $5,625 $11,388
2014 $3,003 $16,058 $5,312 $10,746
2013 $2,462 $16,058 $5,312 $10,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10495653

Midwest Real Estate Data (MRED)

APN: 19-14-301-043-0000