NOT LISTED FOR SALE

Estimated Value: $319,132 - $327,000

7 Beds
3 Baths
3,212 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $265,000 $83 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,959/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Paved or Partially Paved Lot
  • Heating Available

About This Home

As of October 2021

Your investor's client will want to see this well kept store front with 3 apartments that separate utilities. Spacious & clean units. Attached 2 car brick garage. Very close proximity to retail corridor along 47th. High traffic area with dense population.

Last Agent to Sell the Property

M Yasir Saleem

Coldwell Banker Realty License #475195022 Listed on: 07/14/2021

Coldwell Banker Realty

Last Buyer's Agent

Pedro Franco

35th Street Realty Inc License #475152685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 124
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

  • Heating Available
  • Lake Michigan Water
  • Private or Community Septic Tank

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $28,440
  • Net Operating Income $22,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,220

Year Built

Built in 1910

Lot Details

0

Parking

2

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): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Disposal,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner

Exterior Features

  • List Price: 285000
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Multi Family

  • Net Operating Income: 22840
  • GrossIncome: 28440
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2219.68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 23, 2021
Sold by
Mammd Llc
Bought by
Rubio Sugey
Seller's Agent
M Yasir Saleem
Coldwell Banker Realty
Buyer's Agent
Pedro Franco
35th Street Realty Inc
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$324,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,044
Avg. Annual Appreciation
5.13%
Original Mortgage
$260,200
Outstanding Balance
$239,135
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$84,909

Purchase Details

Closed on
Apr 30, 2020
Sold by
Gomez Anacleto
Bought by
Mammd Llc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Gomez Anacleto and Gomez Adriana
Bought by
Gomez Anacleto

Purchase Details

Closed on
Jul 10, 2001
Sold by
Gembala Matthew S and Gembala Gloria C
Bought by
Gomez Anacleto and Gomez Adriana
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
Rubio Sugey $265,000 Saturn Title Llc
Mammd Llc $180,000 Greater Illinois Title
Gomez Anacleto -- None Available
Gomez Anacleto $100,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Sugey $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $265,000 -7.0% $83 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $285,000 -- $89 / Sq Ft
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 $2,954 $23,000 $1,680 $21,320
2023 $2,880 $14,000 $2,240 $11,760
2022 $2,880 $14,000 $2,240 $11,760
2021 $2,815 $14,000 $2,240 $11,760
2020 $2,092 $9,390 $2,800 $6,590
2019 $2,220 $11,048 $2,800 $8,248
2018 $2,182 $11,048 $2,800 $8,248
2017 $2,987 $13,874 $2,520 $11,354
2016 $2,779 $13,874 $2,520 $11,354
2015 $2,542 $13,874 $2,520 $11,354
2014 $2,760 $14,875 $2,380 $12,495
2013 $2,705 $14,875 $2,380 $12,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11155961

Midwest Real Estate Data (MRED)

APN: 20-06-401-025-0000