NOT LISTED FOR SALE

Estimated Value: $285,000 - $533,000

3 Beds
2 Baths
520 Sq Ft
$693/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $257,000 $494 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,202/month

54 Days on Market

About This Home

As of January 2019

Extremely well maintained McKinley Park home with a separate coach house. Fantastic opportunity with many possibilities! Two completely separate homes are ideal for a family with a in-law arrangement, investors renting two separate homes, or living in one property and renting or airbnbing the other. Front house is a 2 bedroom 1 bathroom with opportunities to expand with unfinished attic and basement. Central A/C, new copper piping and hardwood under the carpet! The coach house is a large 1 Bed/1 Bath w/ separate living/dining area, new oven, washer dryer and large lower level family room area (not below grade) with lots of storage space. Newer windows, siding and roof on both homes. Easy access to public transportation, Orange line, I-55 expressway, McKinley Park and shops. Easy street parking. Nothing like this in the area!

Last Agent to Sell the Property

Jyo Minakawa

Coldwell Banker Realty License #475164533 Listed on: 10/17/2018

Coldwell Banker Realty

Last Buyer's Agent

Sean Bustard

@properties Christie's International Real Estate License #475166228

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,393

Year Built

  • Built in 1891

Lot Details

  • 2,875

Home Design

  • Coach House
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24 x 120

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,393

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1891
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner

Exterior Features

  • List Price: 265000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24 X 120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5392.83
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 29, 2019
Sold by
Brewer David W and Smith Rachael A
Bought by
Eakin Katrinalee Mechlin
Seller's Agent
Jyo Minakawa
Coldwell Banker Realty
Buyer's Agent
Sean Bustard
@properties Christie's International Real Estate
List Price
$275,000
Sold Price
$257,000
Premium/Discount to List
-$18,000
-6.55%
Current Estimated Value
$360,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,233
Avg. Annual Appreciation
5.13%
Original Mortgage
$239,010
Outstanding Balance
$209,575
Interest Rate
4.37%
Mortgage Type
VA
Estimated Equity
$150,658

Purchase Details

Closed on
Mar 22, 2017
Sold by
Davis Earnest and Davis Theresa
Bought by
Brewer David and Smith Rachek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2005
Sold by
Prucha Pearl and Kostush Dorothy
Bought by
Davis Earnest

Purchase Details

Closed on
May 5, 2005
Sold by
Prucha Pearl
Bought by
Prucha Pearl and Kostuch Dorothy
Source: Public Records

Range of Values:

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
Eakin Katrinalee Mechlin $257,000 North American Title Company
Brewer David $235,000 Stewart Title
Davis Earnest $190,000 Stewart Title Of Illinois
Prucha Pearl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eakin Katrinalee Mechlin $239,010
Previous Owner Brewer David $199,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $257,000 -3.0% $494 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/03/2018 12/03/18 Price Changed $265,000 -3.6% $510 / Sq Ft
11/15/2018 11/15/18 For Sale $275,000 0.0% $529 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $275,000 -- $529 / 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 $3,752 $39,000 $8,928 $30,072
2023 -- $21,000 $7,200 $13,800
2022 $0 $21,000 $7,200 $13,800
2021 $3,623 $21,000 $7,200 $13,800
2020 $3,623 $16,218 $5,760 $10,458
2019 $0 $18,224 $5,760 $12,464
2018 $3,623 $18,224 $5,760 $12,464
2017 $5,393 $24,887 $4,896 $19,991
2016 $5,017 $24,887 $4,896 $19,991
2015 $4,594 $24,887 $4,896 $19,991
2014 $3,574 $19,115 $3,456 $15,659
2013 $3,505 $19,115 $3,456 $15,659
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10114697

Midwest Real Estate Data (MRED)

APN: 17-31-427-009-0000