L
Seller's Agent in 2022
Lemire Schmeglar
New Millenium Properties
(773) 529-5090
1 in this area
3 Total Sales
4113 W 16th St Chicago, IL 60623
North Lawndale Neighborhood
10
Beds
4
Baths
5,753
Sq Ft
1910
Built
About This Home
As of September 2022Motivated seller! City has as 4 units. Beautiful investment. Units in great condition all have newer plumbing, Electric, Roof, Windows and more. Tenants pay all utilities. Building features 2-3s, 2-2s. Property sits on a double lot, has laundry room for tenants and is monitored 24/7 by 7 security cameras. This is a perfect turnkey investment. All showings must have bank approval letter. This building is being sold "As is" but in great condition. Possible FHA Financing! Only will show 1 unit prior to contract. Showings between 8-2pm.
Last Agent to Sell the Property
New Millenium Properties License #471015169 Listed on: 04/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,201
Year Built
- Built in 1910 | Remodeled in 2012
Home Design
- Brick Exterior Construction
- Shake Roof
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 4 Bathrooms
Lot Details
- Lot Dimensions are 50 x 125
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $360
- Insurance Expense $2,040
- Maintenance Expense $3,600
- Professional Management Expense $860
- Water Sewer Expense $3,474
- Gross Income $4,805
- Net Operating Income $48,009
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
Listed on
Apr 2, 2022
Closed on
Aug 31, 2022
Sold by
Bought by
Seller's Agent
Lemire Schmeglar
New Millenium Properties
Buyer's Agent
Amir Dana
HomeSmart Connect LLC
List Price
$359,000
Sold Price
$360,500
Premium/Discount to List
$1,500
0.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,282
Interest Rate
0.0513%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 18, 2012
Sold by
Bought by
Purchase Details
Closed on
Dec 15, 2011
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 2011
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2002
Sold by
Bought by
Purchase Details
Closed on
Jun 21, 2001
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
$100,000
Interest Rate
0.0727%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $360,500 | Chicago Title | ||
| -- | None Available | ||
| $90,000 | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| $125,000 | -- |
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 | $268,282 | ||
| Previous Owner | $100,000 |
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 |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $360,500 | +0.4% | $63 / Sq Ft |
| 04/10/2022 04/10/22 | Pending | -- | -- | -- |
| 04/02/2022 04/02/22 | For Sale | $359,000 | -- | $62 / Sq Ft |
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 | $4,150 | $41,000 | $8,143 | $32,857 |
| 2024 | $4,150 | $41,000 | $8,143 | $32,857 |
| 2023 | $4,045 | $19,601 | $6,599 | $13,002 |
| 2022 | $4,045 | $19,601 | $6,599 | $13,002 |
| 2021 | $3,954 | $19,600 | $6,598 | $13,002 |
| 2020 | $4,201 | $18,795 | $6,598 | $12,197 |
| 2019 | $4,355 | $21,604 | $6,598 | $15,006 |
| 2018 | $4,281 | $21,604 | $6,598 | $15,006 |
| 2017 | $4,347 | $20,123 | $5,896 | $14,227 |
| 2016 | $4,030 | $20,123 | $5,896 | $14,227 |
| 2015 | $3,687 | $20,123 | $5,896 | $14,227 |
| 2014 | $4,360 | $23,498 | $5,616 | $17,882 |
| 2013 | $4,274 | $23,498 | $5,616 | $17,882 |
Source: Public Records
Agents Affiliated with this Home
-
Lemire Schmeglar
-
Amir Dana
A
Buyer's Agent in 2022
Amir Dana
HomeSmart Connect LLC
(312) 500-5040
1 in this area
47 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11363821
APN: 16224050060000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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