NOT LISTED FOR SALE

4137 S Ellis Ave Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $426,000 - $484,000

3 Beds
2 Baths
2,160 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2024

Last sale price $430,000 $199 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,832 / mo

18 Days on Market

Highlights

  • A-Frame Home
  • Property is near park
  • Laundry Room
  • Deck
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of October 2024

Discover the potential of this charming 3-bed, 2-bath single-family home, perfectly situated in an incredibly desirable neighborhood. An identical property at 3616 S. Ellis recently sold for $530k in May 2024, showcasing the value and potential of this home. With minor upgrades, you can quickly create $75k to $100k of equity, enhancing the value of your investment. This property is a fantastic investment opportunity, offering potential for monthly rental income or lucrative Airbnb earnings. Properly managed, single-family homes in this area generate $4k to $10k per month on Airbnb. Enjoy summer days with a leisurely walk to the lake, hosting BBQs from your open garage, or simply relaxing in your cozy home. The basement features 9-foot ceilings and incredible space, offering you the opportunity to finish it to your liking, adding even more value and livable area to the home. Located just 17 minutes from the Magnificent Mile, 6 minutes from Soldier Field, and less than 10 minutes from downtown Chicago, this home offers unbeatable access to the city's best attractions. With a little sweat equity, transform this house into your perfect cozy home!!!!! Don't miss this incredible opportunity! Schedule your private showing today and start envisioning your dream home.!!!!

Last Agent to Sell the Property

David Thomas

Blue Door Dave Inc License #471020400 Listed on: 07/11/2024

Last Buyer's Agent

Rashauna Scott

Keller Williams ONEChicago License #475178242

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1997

Lot Details

  • 2,526

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace With Gas Starter
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

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

Additional Features

  • Paved or Partially Paved Lot
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 1997

Lot Details

2,526 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Full Bath, Ceiling - 9 Foot, Ceilings - 9 Foot, Drapes/Blinds, Pantry
  • LivingArea: 2160
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Square Footage Comments: 2160 Includes the basement area.
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Outdoor Lighting, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete,Off Alley
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 2517
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5013.45
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

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
Jul 11, 2024
Closed on
Oct 18, 2024
Sold by
Bought by
Seller's Agent
David Thomas
Blue Door Dave Inc
Buyer's Agent
Rashauna Scott
Keller Williams ONEChicago
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Views
59
Current Estimated Value
$445,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,577
Avg. Annual Appreciation
2.17%
Original Mortgage
$512,000
Outstanding Balance
$504,279
Interest Rate
5.75%
Mortgage Type
VA
Estimated Equity
-$58,702

Purchase Details

Closed on
Nov 1, 2023
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
$95,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1997
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
$108,660
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$430,000 None Listed On Document
-- None Listed On Document
$114,500 Chicago Title Insurance Co
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 $512,000
Previous Owner $95,000
Previous Owner $108,660
Closed $20,000
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
10/18/2024 10/18/24 Sold $430,000 +1.2% $199 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $425,000 -- $197 / 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 $5,013 $42,001 $8,810 $33,191
2024 $5,013 $42,001 $8,810 $33,191
2023 $4,865 $27,001 $8,810 $18,191
2022 $4,865 $27,001 $8,810 $18,191
2021 $4,774 $26,999 $8,809 $18,190
2020 $6,408 $31,869 $4,278 $27,591
2019 $6,347 $35,021 $4,278 $30,743
2018 $6,239 $35,021 $4,278 $30,743
2017 $5,887 $30,723 $3,523 $27,200
2016 $5,653 $30,723 $3,523 $27,200
2015 $5,149 $30,723 $3,523 $27,200
2014 $4,694 $27,866 $3,020 $24,846
2013 $4,590 $27,866 $3,020 $24,846
Source: Public Records

Agents Affiliated with this Home

  • David Thomas

    Seller's Agent in 2024

    David Thomas

    Blue Door Dave Inc

    (773) 301-7966

    2 in this area

    140 Total Sales

    David Thomas
    Section Image
  • Rashauna Scott

    Buyer's Agent in 2024

    Rashauna Scott

    Keller Williams ONEChicago

    (773) 885-6263

    1 in this area

    140 Total Sales

    Rashauna Scott
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12107937

Midwest Real Estate Data (MRED)

APN: 20-02-116-033-0000

Illinois Cook County Chicago 60653 Oakland

4137 S Ellis Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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