NOT LISTED FOR SALE
9 Beds
4 Baths
-- Sq Ft
1979 Built

Sale Details

Date Sold: December 21, 2015

Last sale price $205,000

12 Days on Market

Highlights

  • First Floor Utility Room
  • Two Heating Systems
  • 2-minute walk to Governors Trail Park: Old Plank Trail
  • Home Security System

About This Home

As of December 2015

BEAUTIFUL, COMPLETELY UPDATED ALL BRICK 4 UNIT LOCATED NEAR SHOPPING,SCHOOLS,PARKS AND TRANSPORTATION. *TENANTS PAY ALL ELECTRIC.NO GAS IN BUILDING, PLUS CENTRAL AIR, COIN LAUNDRY FOR WHOLE BUILDING,AND OFF STREET PARKING. PROPERTY IN EXCELLENT CONDITION*WON'T LAST LONG! BUILDING IS 100% OCCUPIED

Last Agent to Sell the Property

Brian LaGiglia

Crosstown Realtors, Inc. License #475164708 Listed on: 11/04/2015

Crosstown Realtors, Inc.

Co-Listed By

Tim Sherry

Crosstown Realtors, Inc. License #475140818

Last Buyer's Agent

Daniel Hardy

CRIS REALTY License #471001033

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,881

Year Built

  • Built in 1979

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room
  • Home Security System

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Lot Details

  • Lot Dimensions are 93 x 130

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Overhead Sewers

Community Details

Overview

  • 4 Units
  • Lincoln Terrace Subdivision

Building Details

  • Gross Income $43,656
  • Net Operating Income $23,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,881

Year Built

Built in 1979

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: LINCOLN TERRACE
  • Year Built: 1979
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Other Equipment: Security System
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Overhead Sewers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 21519

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 93 X 130
  • Zoning: OTHER
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 23336
  • GrossIncome: 43656
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9881.02
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$331,186
Interest Rate
4.63%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 4, 2015
Closed on
Dec 1, 2015
Sold by
Bought by
Seller's Agent
Brian LaGiglia
Crosstown Realtors, Inc.
Buyer's Agent
Daniel Hardy
CRIS REALTY
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,910
Interest Rate
9.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.88%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 Fidelity National Title
-- Fidelity National Title
$205,000 Chicago Title Land Trust
-- None Available
-- Fidelity Natl Title Ins Co
$150,500 Pntn
-- None Available
$400,000 Pntn
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $353,479
Previous Owner $164,000
Previous Owner $124,000
Previous Owner $359,910
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $205,000 -6.8% --
11/16/2015 11/16/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $219,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,466 $35,000 $5,200 $29,800
2024 $14,466 $35,000 $5,200 $29,800
2023 $14,518 $35,000 $5,200 $29,800
2022 $14,518 $26,761 $4,550 $22,211
2021 $14,717 $26,761 $4,550 $22,211
2020 $13,630 $26,761 $4,550 $22,211
2019 $12,250 $23,669 $4,225 $19,444
2018 $12,741 $24,621 $4,225 $20,396
2017 $12,231 $24,621 $4,225 $20,396
2016 $9,046 $18,397 $3,900 $14,497
2015 $8,968 $18,397 $3,900 $14,497
2014 $9,881 $20,926 $3,900 $17,026
2013 $10,399 $24,091 $3,900 $20,191
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09079144

Midwest Real Estate Data (MRED)
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