NOT LISTED FOR SALE

4427 W Wrightwood Ave Chicago, IL 60639

Hermosa Neighborhood
6 Beds
3 Baths
2,576 Sq Ft
1926 Built

Last Sold November 17, 2023

Last sale price $545,000 $212 Per Sq Ft

37 Days on Market

Highlights

  • Property is near park
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Fenced Yard
  • Patio
  • 2-minute walk to Kelvyn Park

About This Home

As of November 2023

Fantastic looking Kelvyn Park ((LEGAL 2 UNIT)) for sale! This beautiful multi-family it's situated on one of Chicago's super wide tree line streets with a beautiful Parkway in between the streets, and just across the street is Kelvyn Park and all that the park district has to offer practically right out your front door. The property consists of 2 legal units and a 3rd garden unit that could easily be rented out or used for extended family. You will find beautiful original woodwork throughout the units. Hardwood floors are mostly in great shape, might need a little strip and re-finish here and there and they would be back to their original Beauty. Both units have separate and spacious formal dining rooms and living rooms with a gas burning fireplace in both. The third unit located in the basement is a 2 bed 1 bath apt as well in this unit would make for a great third apartment to rent out or has an in-law unit. The property is finished off with a nice fenced in yard and a two-car garage in the rear. The property just needs a little TLC and it will be back to its original beauty! FYI: The garden unit 2 bed 1 bath unit Is (Not An approved ADU), but would make for an Ideal value add for the building, the (ADU) is an Additional Dwelling Unit program that the city rolled out several years ago...

Last Agent to Sell the Property

David Mishel

Compass License #475159283 Listed on: 09/02/2023

Compass

Last Buyer's Agent

Eva Diaz

ExaRealty LLC License #471021069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,461

Year Built

  • Built in 1926

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,750
  • Water Sewer Expense $1,800
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,461

Year Built

Built in 1926

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: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Park Adjacent, Sidewalks, Streetlights
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4620
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1750
  • GrossIncome: 31200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6461
  • Tax Year: 2021
  • Tax Exemptions: Senior

Range of Values:

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Value Increase
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Percent Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $545,000 -2.7% $212 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $559,888 -1.8% $217 / Sq Ft
09/02/2023 09/02/23 For Sale $569,888 -- $221 / 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
2025 $6,787 $44,000 $14,322 $29,678
2024 $6,787 $44,000 $14,322 $29,678
2023 $6,577 $38,000 $11,550 $26,450
2022 $6,577 $38,000 $11,550 $26,450
2021 $6,462 $38,004 $11,554 $26,450
2020 $5,149 $28,602 $6,699 $21,903
2019 $5,465 $33,259 $6,699 $26,560
2018 $5,895 $33,259 $6,699 $26,560
2017 $5,984 $31,158 $6,006 $25,152
2016 $5,744 $31,158 $6,006 $25,152
2015 $5,232 $31,158 $6,006 $25,152
2014 $4,569 $27,177 $5,544 $21,633
2013 $4,468 $27,177 $5,544 $21,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11875973

Midwest Real Estate Data (MRED)

APN: 13273150090000