NOT LISTED FOR SALE

Estimated Value: $591,029

3 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $455,000

Est. 30% increase in value since last sale

Current estimated payment $3,685/month

45 Days on Market

Highlights

  • Multiple Garages
  • Enclosed Patio or Porch
  • 5 Car Attached Garage

About This Home

As of February 2021

This mixed-use property close to I-90 consists of two units, one commercial and one residential, a four-car commercial garage built after the main structure, and a separate traditional garage. Rentable units are at least 4,277 square feet. This Irving Park space is ideal for a construction company, a taxi/vehicle facility, or special use.

Last Agent to Sell the Property

Roshani Sheth

Real Estate Legacy LLC License #471020641 Listed on: 10/24/2020

Co-Listed By

Rachna Sheth

Real Estate Legacy LLC License #475190215

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,413

Year Built

  • Built in 1910 | Remodeled in 1962

Lot Details

  • 4,792

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • 4,792 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,413

Year Built

Built in 1910 | Remodeled in 1962

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1962
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1962

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • List Price: 480000
  • Waterfront: No
  • Exterior Building Type: Brick,Frame,Block

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 4615
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10413.4
  • Tax Year: 2019

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Feb 10, 2021
Sold by
Chicago Title Land Trust Company
Bought by
4245 N Elston Llc
Seller's Agent
Roshani Sheth
Real Estate Legacy LLC
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%
Current Estimated Value
$591,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,029
Avg. Annual Appreciation
5.72%
Original Mortgage
$682,500
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
4245 N Elston Llc $455,000 Affinity Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4245 N Elston Llc $682,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $455,000 -5.2% --
12/08/2020 12/08/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $480,000 -- --
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
2024 $22,657 $134,604 $56,534 $78,070
2023 $22,087 $107,003 $5,563 $101,440
2022 $22,087 $107,003 $5,563 $101,440
2021 $24,546 $121,663 $5,563 $116,100
2020 $11,548 $51,658 $9,206 $42,452
2019 $10,413 $51,658 $9,206 $42,452
2018 $10,237 $51,658 $9,206 $42,452
2017 $9,679 $44,814 $8,548 $36,266
2016 $9,006 $44,814 $8,548 $36,266
2015 $8,241 $44,814 $8,548 $36,266
2014 $8,736 $46,915 $11,249 $35,666
2013 $8,564 $46,915 $11,249 $35,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10916423

Midwest Real Estate Data (MRED)

APN: 13-14-309-007-0000