NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1974 Built

Sale Details

Date Sold: October 7, 2019

Last sale price $480,000

Highlights

  • Colonial Architecture
  • Balcony
  • 1-Story Property
  • Congress Park Elementary School Rated A
  • 4 Car Detached Garage

About This Home

As of October 2019

GREAT BRICK 4 UNIT BUILDING WITH 3 BEDROOM 2 BATH OWNERS UNIT. TWO 2 BEDROOM APARTMENTS AND ONE 1 BEDROOM APARTMENT. FULL UNFINISHED BASEMENT READY FOR YOUR IDEAS. THERE IS A 4 CAR GARAGE. LONG TIME TENANTS SO RENTS ARE LITTLE LOWER THAN MARKET. BUILDING HAS BEEN BEAUTIFULLY MAINTAINED.

Last Agent to Sell the Property

Norine Torres

RE/MAX Market License #471010286 Listed on: 08/07/2019

Last Buyer's Agent

Norine Torres

RE/MAX Market License #471010286 Listed on: 08/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,226

Year Built

  • Built in 1974

Parking

  • 4 Car Detached Garage
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Lot Dimensions are 60x133

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $925
  • Fuel Expense $2,175
  • Insurance Expense $1,500
  • Trash Expense $1,500
  • Water Sewer Expense $2,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,226

Year Built

Built in 1974

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1974
  • Age: 41-50 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: 5
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Trash Expense: 1500
  • Water Sewer Expenses: 2125

Lot Info

  • Lot Dimensions: 60X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Fuel Expense: 2175
  • Insurance Expense: 1500
  • ElectricExpense: 925
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 11226
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 7, 2019
Sold by
Bought by
Seller's Agent
Norine Torres
RE/MAX Market
Buyer's Agent
Norine Torres
RE/MAX Market
List Price
$494,900
Sold Price
$480,000
Premium/Discount to List
-$14,900
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,560
Interest Rate
0.0375%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.046%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 Attorney S Ttl Guaranty Fund
$405,000 Chicago Metro Title Co Inc
$375,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $439,560
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $480,000 -3.0% --
08/07/2019 08/07/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $494,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,145 $49,331 $5,829 $43,502
2024 $13,145 $49,331 $5,829 $43,502
2023 $12,231 $49,331 $5,829 $43,502
2022 $12,231 $39,500 $5,025 $34,475
2021 $12,996 $43,053 $5,025 $38,028
2020 $12,777 $43,053 $5,025 $38,028
2019 $12,253 $37,865 $4,623 $33,242
2018 $11,753 $37,865 $4,623 $33,242
2017 $11,226 $37,865 $4,623 $33,242
2016 $11,812 $36,454 $4,020 $32,434
2015 $10,870 $36,454 $4,020 $32,434
2014 $10,703 $36,454 $4,020 $32,434
2013 $11,287 $39,870 $4,020 $35,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10477943

Midwest Real Estate Data (MRED)
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