NOT LISTED FOR SALE

4315 W Melrose St Chicago, IL 60641

Kilbourn Park Neighborhood

Estimated Value: $509,000 - $656,000

5 Beds
3 Baths
1,196 Sq Ft
$497/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $475,000 $397 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,743/month

28 Days on Market

Highlights

  • Property is near a park
  • Baseboard Heating
  • Multiple Water Heaters
  • Home Security System
  • Heating System Uses Steam

About This Home

As of December 2020

South Old Irving Park modern solid brick 2-unit building with large 3br/2bth & 2br/1bth apartments. Remodeled in 2020 Super hot South Old Irving Park/Avondale neighborhood & Avondale. In cul-de-sac street privacy, plenty of parking. Open kitchen with seating dining area with granite & quartzite countertops, cabinets, dishwasher, French doors fridge. Concrete, fence, roof, new washer & dryer in laundry room, fenced yard, new stainless steel appliances, new water heaters, hardwood floors, porcelain tile, carpet, walk in closet, new patio, new windows, roofing, new porch, tuck-pointing brick was washed and repaired, professionally done landscaping. Separate gas, electricity, furnaces and water heater's for each unit. Great rental area, within a short distance to Metra, Blue Line, 90/94 Expressway and variety of shopping and restaurants. Live in one rent 2nd win, win!

Last Agent to Sell the Property

Andy Olszowka

Arc Red Inc Arc Realty Group License #475160900 Listed on: 08/25/2020

Last Buyer's Agent

Adriana Ruiz

Kale Realty License #475168910

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 56x125x21x133
  • Irregular Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Location

  • Property is near a park

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,477

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 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: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Security System, CO Detectors, Multiple Water Heaters
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors,Walk-In Closet

Exterior Features

  • List Price: 475000
  • Lot Features: Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 56X125X21X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5477
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 4, 2020
Sold by
Mattor Llc
Bought by
Martinez Johanna
Seller's Agent
Andy Olszowka
Arc Red Inc Arc Realty Group
Buyer's Agent
Adriana Ruiz
Kale Realty
List Price
$484,900
Sold Price
$475,000
Premium/Discount to List
-$9,900
-2.04%
Current Estimated Value
$594,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,010
Avg. Annual Appreciation
3.95%
Original Mortgage
$466,396
Outstanding Balance
$416,835
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$153,262

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 19, 2020
Sold by
Kucharski Kathleen and Estate Of Robert E Lumpp
Bought by
Mattor Llc
Seller's Agent
Andrew Filipowski
RE/MAX City
Buyer's Agent
Andy Olszowka
Arc Red Inc Arc Realty Group
List Price
$230,000
Sold Price
$255,000
Premium/Discount to List
$25,000
10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Johanna $475,000 Saturn Title Llc
Mattor Llc $255,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Johanna $466,396
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $475,000 0.0% $397 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $475,000 -1.0% $397 / Sq Ft
08/25/2020 08/25/20 Price Changed $479,900 -1.0% $401 / Sq Ft
08/25/2020 08/25/20 For Sale $484,900 +90.2% $405 / Sq Ft
02/19/2020 02/19/20 Sold $255,000 +10.9% $213 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $230,000 -- $192 / 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 $6,074 $47,000 $18,209 $28,791
2023 $5,898 $32,000 $14,651 $17,349
2022 $5,898 $32,000 $14,651 $17,349
2021 $5,784 $32,000 $14,651 $17,349
2020 $5,518 $24,679 $6,697 $17,982
2019 $5,592 $27,730 $6,697 $21,033
2018 $5,478 $27,730 $6,697 $21,033
2017 $6,495 $30,171 $5,860 $24,311
2016 $5,185 $30,171 $5,860 $24,311
2015 $4,705 $30,171 $5,860 $24,311
2014 $4,552 $28,939 $5,023 $23,916
2013 $4,443 $28,939 $5,023 $23,916
Source: Public Records

Agents Affiliated with this Home

  • Andy Olszowka

    Seller's Agent in 2020

    Andy Olszowka

    Arc Red Inc Arc Realty Group

    (773) 447-4767

    1 in this area

    42 Total Sales

    Section Image
  • Andrew Filipowski

    Seller's Agent in 2020

    Andrew Filipowski

    RE/MAX

    (773) 230-2200

    37 Total Sales

    Section Image
  • Adriana Ruiz

    Buyer's Agent in 2020

    Adriana Ruiz

    Kale Realty

    (773) 678-1282

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10829726

Midwest Real Estate Data (MRED)

APN: 13-22-434-011-0000

Illinois Cook County Chicago 60641 Kilbourn Park

4315 W Melrose St, Chicago, IL

This home is located at 4315 W Melrose St, Chicago, IL 60641 since 25 August 2020 and is currently estimated at $594,010, approximately $496 per square foot. This property was built in 1963. 4315 W Melrose St is a home located in Cook County with nearby schools including Scammon Elementary School, Schurz High School, and ASPIRA Early College High School.

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