NOT LISTED FOR SALE

433 E 48th Place Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $621,000 - $745,619

7 Beds
2 Baths
-- Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: October 2, 2015

Last sale price $160,000

Est. 314% increase in value since last sale

Current estimated payment $4,246 / mo

307 Days on Market

About This Home

As of October 2015

This home is located at 433 E 48th Place, Chicago, IL 60615 since 21 November 2014 and is currently estimated at $662,405. This property was built in 1890. 433 E 48th Place is a home located in Cook County with nearby schools including Burke Elementary School, Bronzeville Academy Charter School, and UChicago Charter Carter G. Woodson Campus.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 11/21/2014

Last Buyer's Agent

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 11/21/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20x125

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stone Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,219

Year Built

Built in 1890

Lot Details

1,742 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3218.83
  • Tax Year: 2013

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

Closed on
Aug 11, 2017
Sold by
433 E 48Th Llc
Bought by
Evans Willie W and Muhammed Hadiyah S
Current Estimated Value
$662,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$349,324
Interest Rate
4.37%
Mortgage Type
Commercial
Estimated Equity
$313,081

Purchase Details

Listed on
Nov 21, 2014
Closed on
Sep 25, 2015
Sold by
Wells Fargo Bank Na
Bought by
433 E 84Th Llc
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Michael Olszewski
Area Wide Realty
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$355,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2014
Sold by
Wiles Akilah
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 23, 2009
Sold by
Wiles Akilah
Bought by
Wiles Properties Llc

Purchase Details

Closed on
Aug 30, 2004
Sold by
Wasserman Tammy
Bought by
Wiles Akilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,800
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2003
Sold by
Harrell Robert
Bought by
Wasserman Tammy

Purchase Details

Closed on
Jan 14, 1982
Sold by
Smith William R
Bought by
Smith Sam and Parks Blanche M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Evans Willie W $495,000 Altima Title Llc
433 E 84Th Llc $160,000 Ct
Wells Fargo Bank Na -- None Available
Wiles Properties Llc -- None Available
Wiles Akilah $449,000 First American Title
Wasserman Tammy $117,000 1St American Title
Smith Sam $10,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Willie W $417,000
Previous Owner 433 E 84Th Llc $355,000
Previous Owner Wiles Akilah $89,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $160,000 -11.1% --
09/24/2015 09/24/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $179,900 0.0% --
08/12/2015 08/12/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $179,900 0.0% --
06/10/2015 06/10/15 Pending -- -- --
05/04/2015 05/04/15 Price Changed $179,900 -5.3% --
04/01/2015 04/01/15 Price Changed $189,900 -2.6% --
12/26/2014 12/26/14 Price Changed $194,900 -2.5% --
11/21/2014 11/21/14 For Sale $199,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $8,467 $61,000 $7,287 $53,713
2024 $8,467 $61,000 $7,287 $53,713
2023 $8,253 $40,000 $7,287 $32,713
2022 $8,253 $40,000 $7,287 $32,713
2021 $8,068 $40,000 $7,287 $32,713
2020 $7,102 $31,880 $3,539 $28,341
2019 $7,039 $35,034 $3,539 $31,495
2018 $6,920 $35,034 $3,539 $31,495
2017 $4,610 $21,415 $2,914 $18,501
2016 $4,289 $21,415 $2,914 $18,501
2015 $3,924 $21,415 $2,914 $18,501
2014 $3,284 $17,698 $2,498 $15,200
2013 $3,219 $17,698 $2,498 $15,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Olszewski

    Seller's Agent in 2015

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    3 in this area

    572 Total Sales

    Michael Olszewski
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08790962

Midwest Real Estate Data (MRED)

APN: 20-10-208-017-0000

Illinois Cook County Chicago 60609 Grand Boulevard

433 E 48th Place, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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