NOT LISTED FOR SALE

Estimated Value: $710,489 - $897,000

9 Beds
4 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 25, 2019

Last sale price $499,000

Est. 57% increase in value since last sale

Current estimated payment $4,730/month

10 Days on Market

Highlights

  • Greystone Architecture
  • Entrance Foyer
  • 4-minute walk to Mandrake Park
  • Lower Floor Utility Room
  • Forced Air Heating System

About This Home

As of June 2019

Highest and Best due by 5/7 at 5:00pm Don't miss this one of a kind building located on one of the most beautiful blocks in the city. This former 3 flat has been converted into 2 massive units, each unit has around 2500 sq ft. The top unit duplexes up, has 5 bedrooms, and 2 baths, with a huge master bedroom. The 1st floor duplexes down to the basement and has 4 beds and 2 baths and a huge family room in the basement. Both units comes with stainless steel appliances and a huge gourmet kitchen to entertain in. This is an opportunity you just can't miss, schedule your appointment today. Seller is a licensed agent.

Last Agent to Sell the Property

Jasmine Baynes

EXIT Strategy Realty License #475159710 Listed on: 05/02/2019

EXIT Strategy Realty

Last Buyer's Agent

Nicole Wheatly

EXIT Strategy Realty License #475179365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 1875

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Greystone Architecture
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

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

$7,374

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Room Type: Foyer, Utility Room-2nd Floor, Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 2400
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7373.61
  • Tax Year: 2017

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
May 2, 2019
Closed on
Jun 24, 2019
Sold by
Icarus Investments Group Llc
Bought by
Henderson Corky
Seller's Agent
Jasmine Baynes
EXIT Strategy Realty
Buyer's Agent
Nicole Wheatly
EXIT Strategy Realty
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$783,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,122
Avg. Annual Appreciation
7.11%
Original Mortgage
$479,242
Outstanding Balance
$432,932
Interest Rate
5.87%
Mortgage Type
FHA
Estimated Equity
$350,190

Purchase Details

Closed on
Dec 29, 2016
Sold by
Windy City Apartments Llc
Bought by
Lcarus Investment Group Llc and The Brown Moore Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2010
Sold by
Lewis Fred
Bought by
Bea Jai

Purchase Details

Closed on
Sep 29, 2009
Sold by
Morgan Group Ii Inc
Bought by
Windy City Apartments Llc

Purchase Details

Closed on
Jan 4, 2006
Sold by
Wm Specialty Mortgage Llc
Bought by
The Morgan Group Ii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2005
Sold by
Khan Eijaz and Khan Eljaz
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Aug 20, 2004
Sold by
Khan Eljaz
Bought by
Chicago Title Land Trust Co and Trust #1113655

Purchase Details

Closed on
Oct 12, 2002
Sold by
Khan Eijaz
Bought by
Lewis Fred
Source: Public Records
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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
Henderson Corky $499,000 Fidelity National Title
Lcarus Investment Group Llc $250,000 Fidelity National Title
Bea Jai -- None Available
Windy City Apartments Llc $300,000 Cti
The Morgan Group Ii Inc $370,000 First American Title
Wm Specialty Mortgage Llc -- --
Chicago Title Land Trust Co -- Chicago Title Co
Lewis Fred -- Law Title Insurance Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Corky $479,242
Previous Owner Lcarus Investment Group Llc $500,000
Previous Owner The Morgan Group Ii Inc $362,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $499,000 0.0% --
05/12/2019 05/12/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $499,000 -- --
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
2025 $7,625 $52,113 $8,400 $43,713
2024 $7,625 $52,113 $8,400 $43,713
2023 $7,406 $40,000 $8,400 $31,600
2022 $7,406 $40,000 $8,400 $31,600
2021 $7,262 $40,000 $8,400 $31,600
2020 $7,646 $38,046 $4,080 $33,966
2019 $8,400 $41,809 $4,080 $37,729
2018 $8,259 $41,809 $4,080 $37,729
2017 $7,374 $34,253 $3,360 $30,893
2016 $6,860 $34,253 $3,360 $30,893
2015 $6,277 $34,253 $3,360 $30,893
2014 $5,618 $30,281 $2,880 $27,401
2013 $5,507 $30,281 $2,880 $27,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10365788

Midwest Real Estate Data (MRED)

APN: 20-02-101-010-0000