NOT LISTED FOR SALE

4523 W Schubert Ave Chicago, IL 60639

Hermosa Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: October 28, 2016

Last sale price $242,500

113 Days on Market

About This Home

As of October 2016

Extra-wide 30 foot lot. Well-maintained units with hardwood floors, separate dining rooms, eat-in kitchen and large bedrooms. Finished basement. Two (2) car garage.

Last Agent to Sell the Property

Edward Thilman

Rockwell Partners LLC Listed on: 05/16/2016

Last Buyer's Agent

Santiago Kensel Sanchez

Solid Realty Services Inc License #471022517

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $32,467
  • Net Operating Income $21,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,198

Year Built

Built in 1925

Lot Details

3,485 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: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished,Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 10837

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 21630
  • GrossIncome: 32467
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4197.76
  • Tax Year: 2014

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
May 16, 2016
Closed on
Oct 28, 2016
Sold by
Real Equities Inc
Bought by
Seller's Agent
Edward Thilman
Rockwell Partners LLC
Buyer's Agent
Santiago Kensel Sanchez
Solid Realty Services Inc
List Price
$285,000
Sold Price
$242,500
Premium/Discount to List
-$42,500
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$154,444
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2004
Sold by
Sayavong Chanhsavay and Serrano Ruth
Bought by
Serrano Ruth

Purchase Details

Closed on
Jul 17, 2001
Sold by
Serrano Luis F and Serrano Ruth F
Bought by
Sayavong Chanhsavay and Serrano Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
7.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 1994
Sold by
Serrano Ruth E
Bought by
Serrano Ruth E and Serrano Luis F
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$242,500 Chicago Title
Serrano Ruth -- Chicago Title Insurance Comp
Sayavong Chanhsavay -- Chicago Title Insurance Co
Serrano Ruth E -- --
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 $194,000
Previous Owner Sayavong Chanhsavay $219,000
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
11/18/2016 11/18/16 Off Market $242,500 -- --
10/28/2016 10/28/16 Sold $242,500 0.0% --
09/30/2016 09/30/16 Off Market $242,500 -- --
09/06/2016 09/06/16 Pending -- -- --
09/01/2016 09/01/16 Pending -- -- --
08/18/2016 08/18/16 Price Changed $249,000 -6.0% --
07/28/2016 07/28/16 Price Changed $265,000 -7.0% --
07/06/2016 07/06/16 For Sale $285,000 0.0% --
07/06/2016 07/06/16 Price Changed $285,000 +7.5% --
06/02/2016 06/02/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $265,000 -- --
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 $4,383 $38,000 $11,625 $26,375
2024 $4,383 $38,000 $11,625 $26,375
2023 $4,250 $24,000 $9,375 $14,625
2022 $4,250 $24,000 $9,375 $14,625
2021 $4,173 $24,003 $9,378 $14,625
2020 $4,183 $21,801 $5,437 $16,364
2019 $4,423 $25,351 $5,437 $19,914
2018 $4,811 $27,778 $5,437 $22,341
2017 $4,595 $24,711 $4,875 $19,836
2016 $4,952 $24,711 $4,875 $19,836
2015 $4,531 $24,711 $4,875 $19,836
2014 $4,198 $22,608 $4,500 $18,108
2013 $4,523 $24,853 $4,500 $20,353
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09227813

Midwest Real Estate Data (MRED)
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