NOT LISTED FOR SALE

4447 N Melvina Ave Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $543,000 - $772,000

8 Beds
5 Baths
2,626 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $483,000 $184 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,083/month

27 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • William Howard Taft High School Rated A-
  • Forced Air Heating System

About This Home

As of October 2020

Check out this newer 2 unit building for sale in Chicago's highly desirable Portage Park neighborhood. This property features beautiful and solid light colored brick construction, with newer vinyl windows and newer roof. 3 bedrooms and 2 bathrooms in each unit, with separate living and dining rooms. These units are super spacious and well cared for! Main floor unit sports a nice balcony for relaxation during the warmer months. Plenty of storage and closet space on each floor. Finished basement with coin operated laundry. All appliances stay with the building! Property has well cared for yard with plenty of room for gardening or other entertainment ideas. The 2 car garage offers extra parking and storage, in addition to the easy street parking up front! This home is centrally located, minutes from highways, shopping, and schools. Convenient commuter location for either city or suburban workers. HIP mall is nearby and all of Portage and Jefferson Park's shopping and restaurants are easily accessible. Great investment opportunity! Property sold as-is.

Last Agent to Sell the Property

Jacek Swierczak

Home-Site Realty, Inc. License #475139455 Listed on: 05/20/2020

Co-Listed By

Carl Swierczak

Home-Site Realty, Inc. License #475171129

Last Buyer's Agent

Chester Jakala

Telequest Corp. License #471014664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 37x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,672

Year Built

Built in 1993

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: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 498500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • 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, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 37X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5672.35
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

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
May 20, 2020
Closed on
Oct 2, 2020
Sold by
Drozd Stanislawa
Bought by
Velazquez David S
Seller's Agent
Jacek Swierczak
Home-Site Realty, Inc.
Buyer's Agent
Chester Jakala
Telequest Corp.
List Price
$499,000
Sold Price
$483,000
Premium/Discount to List
-$16,000
-3.21%
Current Estimated Value
$652,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,204
Avg. Annual Appreciation
6.10%
Original Mortgage
$442,307
Outstanding Balance
$392,330
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$259,874

Purchase Details

Closed on
Jun 11, 2004
Sold by
Drozd Stanislawa and Drozd Jan
Bought by
Drozd Stanislawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Drozd Stanislawa
Bought by
Drozd Stanislawa and Drozd Jan

Purchase Details

Closed on
Nov 28, 2000
Sold by
Stanek Teresa
Bought by
Drozd Stanislawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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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
Velazquez David S $483,000 Heritage Title Company
Drozd Stanislawa -- --
Drozd Stanislawa -- --
Drozd Stanislawa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez David S $442,307
Previous Owner Drozd Stanislawa $225,000
Previous Owner Drozd Stanislawa $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $483,000 -3.1% $184 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $498,500 -0.1% $190 / Sq Ft
05/20/2020 05/20/20 For Sale $499,000 -- $190 / 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 $7,951 $54,000 $16,310 $37,690
2023 $7,730 $41,000 $13,048 $27,952
2022 $7,730 $41,000 $13,048 $27,952
2021 $7,575 $41,000 $13,048 $27,952
2020 $5,777 $36,715 $5,825 $30,890
2019 $5,759 $41,253 $5,825 $35,428
2018 $5,672 $41,253 $5,825 $35,428
2017 $6,074 $43,319 $5,126 $38,193
2016 $6,401 $43,319 $5,126 $38,193
2015 $6,152 $43,319 $5,126 $38,193
2014 $6,099 $44,521 $4,660 $39,861
2013 $6,121 $44,521 $4,660 $39,861
Source: Public Records

Agents Affiliated with this Home

  • Jacek Swierczak

    Seller's Agent in 2020

    Jacek Swierczak

    Home-Site Realty, Inc.

    (773) 719-2343

    4 Total Sales

    Jacek Swierczak
    Section Image
  • Carl Swierczak

    Seller Co-Listing Agent in 2020

    Carl Swierczak

    Home-Site Realty, Inc.

    (773) 344-7701

    18 Total Sales

    Carl Swierczak
    Section Image
  • Chester Jakala

    Buyer's Agent in 2020

    Chester Jakala

    Telequest Corp.

    (312) 730-4392

    6 in this area

    41 Total Sales

    Chester Jakala
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10721495

Midwest Real Estate Data (MRED)

APN: 13-17-120-004-0000

Illinois Cook County Chicago 60630 Jefferson Park

4447 N Melvina Ave, Chicago, IL

This home is located at 4447 N Melvina Ave, Chicago, IL 60630 since 20 May 2020 and is currently estimated at $652,204, approximately $248 per square foot. This property was built in 1993. 4447 N Melvina Ave is a home located in Cook County with nearby schools including Smyser Elementary School, William Howard Taft High School, and St. Robert Bellarmine Catholic School.

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