NOT LISTED FOR SALE

Estimated Value: $418,000

9 Beds
4 Baths
3,744 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $182,000 $49 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,497/month

67 Days on Market

About This Home

As of June 2018

Opportunity to own a large Brick 4 Flat on corner lot with a 2 Car Garage. Located in the South Lawndale neighborhood of the City. Great curb appeal! Flexible unit mix and tons of potential. Units are light and bright and most with Eat-In Kitchens. Convenient location. Close to Shopping, Dining, Entertainment, Transportation and easy access to the I-55 Expressway. (ZONING rt-4)

Last Agent to Sell the Property

Arthur Cirignani

Chicago Realty Partners, Ltd License #471005369 Listed on: 03/16/2018

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,026

Year Built

  • Built in 1908

Lot Details

  • 3,441

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Lot Dimensions are 28x125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,026

Year Built

Built in 1908

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: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None
  • Room: 5

Exterior Features

  • List Price: 180147
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 28X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 3026.34
  • Tax Year: 2016

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 20, 2018
Sold by
Deutsche Bank National Trust Company
Bought by
Mendoza Lopez Artemio Herrera and Mendoza Campos Maria Guadalupe
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Non Member
NON MEMBER
List Price
$180,147
Sold Price
$182,000
Premium/Discount to List
$1,853
1.03%
Current Estimated Value
$418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,000
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Salgado Francisco
Bought by
Deutsche Bank National Trust Co and American Home Mortgage Asset Trust

Purchase Details

Closed on
Apr 28, 2000
Sold by
Salgado Francisco
Bought by
Salgado Francisco and Salgado Natalia

Purchase Details

Closed on
May 8, 1999
Sold by
Salgado Francisco and Salgado Natalia
Bought by
Salgado Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1998
Sold by
Salgado Francisco and Salgado Natalia
Bought by
Salgado Francisco and Salgado Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,240
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 1995
Sold by
Salinas Jesus and Salinas Hortencia
Bought by
Salgado Francisco and Salgado Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,622
Interest Rate
7.65%
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
Mendoza Lopez Artemio Herrera $182,000 Attorney
Deutsche Bank National Trust Co -- Attorney
Salgado Francisco -- Brokers Title Insurance Co
Salgado Francisco -- Brokers Title Insurance Co
Salgado Francisco -- --
Salgado Francisco $115,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salgado Francisco $146,400
Previous Owner Salgado Francisco $135,240
Previous Owner Salgado Francisco $114,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $182,000 +1.0% $49 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $180,147 -1.0% $48 / Sq Ft
03/19/2018 03/19/18 Off Market $182,000 -- --
03/16/2018 03/16/18 For Sale $180,147 -- $48 / 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 $3,376 $29,000 $5,010 $23,990
2023 $3,291 $16,000 $4,060 $11,940
2022 $3,291 $16,000 $4,060 $11,940
2021 $3,217 $15,999 $4,059 $11,940
2020 $2,930 $13,153 $4,059 $9,094
2019 $3,073 $15,295 $4,059 $11,236
2018 $2,343 $15,295 $4,059 $11,236
2017 $3,064 $17,607 $3,627 $13,980
2016 $3,026 $17,607 $3,627 $13,980
2015 $2,746 $17,607 $3,627 $13,980
2014 $2,627 $16,726 $3,455 $13,271
2013 $2,564 $16,726 $3,455 $13,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09889305

Midwest Real Estate Data (MRED)

APN: 16-26-102-074-0000