NOT LISTED FOR SALE

4427 N Artesian Ave Chicago, IL 60625

Ravenswood Neighborhood

Estimated Value: $752,000 - $1,512,000

5 Beds
2 Baths
2,478 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $600,000 $242 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,342/month

9 Days on Market

Highlights

  • Property is near park
  • Community Pool
  • 2 Car Detached Garage
  • Waters Elementary School Rated A-
  • Tennis Courts
  • 5-minute walk to Welles Park

About This Home

As of October 2020

Excellent opportunity invest in Lincoln Square/ Ravenswood Garden! This beautiful greystone is located in the Queen of Angels/ Water's school district and only steps away from Welles Park, CTA Brown Line and vibrant Lincoln Square. Each immaculate unit has original hardwood floors and woodwork along with 9 foot ceilings. Each unit has its own electric, newer furnace and hot water heater. 1st floor has central air conditioning. 8 foot ceilings in basement make this property a true candidate for duplex down as former staircase on first floor was transformed into a pantry. Tuckpointing, windows and roof maintenance has been done recently. Tenants share laundry in basement and each floor has it's own designated storage unit. Building has been carefully maintained and cared for. AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID 19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY RECEIVE MEDICAL CLEARANCE.

Last Agent to Sell the Property

mhowe howe

Century 21 Circle License #475164073 Listed on: 09/03/2020

Century 21 Circle

Last Buyer's Agent

Kim Ehler

Compass License #475123421

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1912

Lot Details

  • 3,790

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Paved or Partially Paved Lot
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,242

Year Built

Built in 1912

Lot Details

3,790 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 3780
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3242.08
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

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
Sep 3, 2020
Closed on
Oct 9, 2020
Sold by
Linke Manfred
Bought by
Cooper James Leland and Cooper Jessica Icenogle
Seller's Agent
mhowe howe
Century 21 Circle
Buyer's Agent
Kim Ehler
Compass
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Current Estimated Value
$964,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,243
Avg. Annual Appreciation
9.09%
Original Mortgage
$480,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2002
Sold by
Linke Manfred and Linke Elisabeth
Bought by
Linke Manfred and Linke Elisabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper James Leland $600,000 Fidelity National Title
Linke Manfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper James Leland $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $600,000 -7.6% $242 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $649,000 -- $262 / Sq Ft
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 $14,281 $101,000 $13,419 $87,581
2024 $14,281 $63,000 $13,419 $49,581
2023 $13,900 $71,000 $9,072 $61,928
2022 $13,900 $71,000 $9,072 $61,928
2021 $13,608 $71,000 $9,072 $61,928
2020 $3,302 $57,486 $9,072 $48,414
2019 $3,292 $64,592 $9,072 $55,520
2018 $3,242 $64,592 $9,072 $55,520
2017 $3,471 $49,184 $7,938 $41,246
2016 $3,842 $49,184 $7,938 $41,246
2015 $3,693 $49,184 $7,938 $41,246
2014 $3,661 $39,322 $7,182 $32,140
2013 $3,674 $39,322 $7,182 $32,140
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2020

    mhowe howe

    Century 21 Circle

    Section Image
  • Kim Ehler

    Buyer's Agent in 2020

    Kim Ehler

    Compass

    (630) 670-4468

    1 in this area

    67 Total Sales

    Kim Ehler
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10846242

Midwest Real Estate Data (MRED)

APN: 13-13-234-010-0000

Illinois Cook County Chicago 60618 Ravenswood

4427 N Artesian Ave, 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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