4418 S Whipple St Chicago, IL 60632
Brighton Park Neighborhood
5
Beds
3
Baths
640
Sq Ft
3,093
Sq Ft Lot
About This Home
As of September 2024EXCELLENT OPPORTUNITY for BRIGHTON PARK 2-UNIT INVESTMENT PROPERTY at 4418 S Whipple!!! ideal for owner occupants and investors!! This investment property has 2 units plus a finished attic with a bedroom, an eating area and a bathroom w/shower that is duplexed to the 2nd unit. There's a total of 5 bedrooms & 3 baths and a 2-car garage. Unit 1 has 2 bedrooms & Unit 2 offers 3 bedrooms & 2 baths w/ duplexed attic!! SOLD AS IS! One of the units may need some TLC but the Estimated combined RENTAL MKT VALUE of $2600+ and low RE taxes makes this an excellent investment for anyone!! Low rents due to long time tenants. Improvements in last 2 years include: New floors (unit#2 and attic), remodeled bathrooms, newer iron fence at the front of the house, newer windows, new doors, new heater and new hot water tank. Newer Roof of house and garage, y2019. Gutters, y2019. Newer windows, y2019 & y2023 Come see!! Don't delay... This income producing property is a true solid investment for you!! Seller is motivated. Great location! Nearby schools, shopping, etc. A few blocks down is ARCHER AVENUE that is near the ORANGE MIDWAY line. ** Preapproved buyers, please**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,482
Year Built
- Built in 1903
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Sitting Room
- Lot Dimensions are 25x125
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Aug 29, 2024
Sold by
Martinez Leslie G
Bought by
Villegas George
Seller's Agent
Rosa Terrazas
Century 21 Circle
Buyer's Agent
George Villegas
Realty of America, LLC
List Price
$269,900
Sold Price
$276,000
Premium/Discount to List
$6,100
2.26%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,193
Avg. Annual Appreciation
0.22%
Original Mortgage
$262,200
Outstanding Balance
$260,539
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$16,064
Purchase Details
Listed on
Aug 20, 2019
Closed on
Nov 8, 2019
Sold by
Lopez Rodrigo and Lopez Irene
Bought by
Martinez Leslie G
Seller's Agent
Cuauhtemoc Villalobos
Ruiz Realty, Inc.
Buyer's Agent
Rosa Terrazas
Century 21 Circle
List Price
$178,000
Sold Price
$178,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$174,775
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 19, 2004
Sold by
Lopez Constantina
Bought by
Lopez Rodrigo and Lopez Irene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,200
Interest Rate
7.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 12, 2004
Sold by
Ortega David
Bought by
Lopez Constantina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,200
Interest Rate
7.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 14, 2004
Sold by
Palma Fermin and Palma Martha
Bought by
Ortega David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,165
Interest Rate
8.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 16, 1993
Sold by
Chicago Title & Trust Company
Bought by
Palma Fermin and Palma Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,103
Interest Rate
7%
Mortgage Type
FHA
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $276,000 | Chicago Title | |
| Warranty Deed | $178,000 | Old Republic Title | |
| Quit Claim Deed | -- | Law Title | |
| Warranty Deed | $234,000 | Ticor Title | |
| Warranty Deed | $185,000 | Pntn | |
| Joint Tenancy Deed | $60,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,200 | New Conventional | |
| Previous Owner | $174,775 | FHA | |
| Previous Owner | $262,200 | Unknown | |
| Previous Owner | $187,200 | Unknown | |
| Previous Owner | $157,165 | Unknown | |
| Previous Owner | $91,103 | FHA | |
| Closed | $46,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $276,000 | +2.3% | $431 / Sq Ft |
| 06/30/2024 06/30/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | For Sale | $269,900 | +51.6% | $422 / Sq Ft |
| 11/08/2019 11/08/19 | Sold | $178,000 | 0.0% | $278 / Sq Ft |
| 10/11/2019 10/11/19 | For Sale | $178,000 | 0.0% | $278 / Sq Ft |
| 10/07/2019 10/07/19 | Off Market | $178,000 | -- | -- |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $178,000 | -- | $278 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,546 | $20,000 | $3,875 | $16,125 |
| 2023 | $2,482 | $12,000 | $3,100 | $8,900 |
| 2022 | $2,482 | $12,000 | $3,100 | $8,900 |
| 2021 | $2,413 | $12,000 | $3,100 | $8,900 |
| 2020 | $2,339 | $10,433 | $3,100 | $7,333 |
| 2019 | $1,704 | $11,856 | $3,100 | $8,756 |
| 2018 | $1,674 | $11,856 | $3,100 | $8,756 |
| 2017 | $1,239 | $9,094 | $2,790 | $6,304 |
| 2016 | $1,330 | $9,094 | $2,790 | $6,304 |
| 2015 | $1,194 | $9,094 | $2,790 | $6,304 |
| 2014 | $1,137 | $8,652 | $2,635 | $6,017 |
| 2013 | $1,104 | $8,652 | $2,635 | $6,017 |
Source: Public Records
Agents Affiliated with this Home
-
Rosa Terrazas
Seller's Agent in 2024
Rosa Terrazas
Century 21 Circle
(773) 456-0436
1 in this area
53 Total Sales
-
George Villegas
Buyer's Agent in 2024
George Villegas
Realty of America, LLC
(708) 477-5719
1 in this area
44 Total Sales
-
Cuauhtemoc Villalobos
Seller's Agent in 2019
Cuauhtemoc Villalobos
Ruiz Realty, Inc.
(773) 550-7447
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12087184
APN: 19-01-311-029-0000
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