NOT LISTED FOR SALE

4602 S Albany Ave Chicago, IL 60632

Brighton Park Neighborhood

Estimated Value: $292,000 - $379,000

3 Beds
2 Baths
1,760 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $295,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,034/month

8 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • 2 Car Detached Garage

About This Home

As of December 2018

COME SEE THIS HOUSE!! Two units with large living room and dining rooms 3 bedrooms each unit. Hardwood floors updated kitchens all new Electrical - plumbing - heaters and Appliances!! each unit has a laundry hookup. Features a rarely available side lot for summertime fun! Two car brick garage with storage for both units. DON'T miss out on this great opportunity schedule your appointment today!!

Last Agent to Sell the Property

Daniel Covarrubias

Urbanitas Inc. License #471012986 Listed on: 10/27/2018

Last Buyer's Agent

Joseph Blum

@properties Christie's International Real Estate License #475164568

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1970 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 50 x 125
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1970 | Remodeled in 2017

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: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Partially Finished,Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Rubber
  • 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: Sidewalks, Street Lights, Street Paved, Other

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 22000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4118.46
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Dec 10, 2018
Sold by
Covarrubias Maclovia I
Bought by
Jimenez Leoncio
Seller's Agent
Daniel Covarrubias
Urbanitas Inc.
Buyer's Agent
Joseph Blum
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%
Current Estimated Value
$327,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,744
Avg. Annual Appreciation
1.54%
Original Mortgage
$289,656
Outstanding Balance
$252,941
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$74,803

Purchase Details

Closed on
Jun 13, 2017
Sold by
County Of Cook
Bought by
Covarrubias Maclovia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2015
Sold by
Fannie Mae
Bought by
County Of Cook and Cook Cou8nty Land Bank Authority

Purchase Details

Closed on
Mar 16, 2015
Sold by
Lagumbay Pablito
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 22, 2004
Sold by
Lagumbay Rebecca and Lagumbay Pablito
Bought by
Lagumbay Pablito and Lagumbay Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,083
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jimenez Leoncio $295,000 First American Title
Covarrubias Maclovia I -- Attorney
County Of Cook -- Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Lagumbay Pablito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Leoncio $289,656
Previous Owner Covarrubias Maclovia I $20,000
Previous Owner Lagumbay Pablito $163,083
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $295,000 +1.8% $168 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $289,900 -- $165 / 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 $3,818 $27,000 $3,906 $23,094
2023 $3,723 $18,000 $3,125 $14,875
2022 $3,723 $18,000 $3,125 $14,875
2021 $3,620 $18,000 $3,125 $14,875
2020 $3,797 $16,933 $3,125 $13,808
2019 $3,891 $19,242 $3,125 $16,117
2018 $3,826 $19,242 $3,125 $16,117
2017 $3,189 $18,094 $2,812 $15,282
2016 $3,144 $18,094 $2,812 $15,282
2015 $2,856 $18,094 $2,812 $15,282
2014 $2,449 $15,664 $2,656 $13,008
2013 $2,390 $15,664 $2,656 $13,008
Source: Public Records

Agents Affiliated with this Home

  • Daniel Covarrubias

    Seller's Agent in 2018

    Daniel Covarrubias

    Urbanitas Inc.

    (773) 370-5008

    1 in this area

    39 Total Sales

    Daniel Covarrubias
    Section Image
  • Joseph Blum

    Buyer's Agent in 2018

    Joseph Blum

    @ Properties

    (708) 738-2308

    48 Total Sales

    Joseph Blum
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10123709

Midwest Real Estate Data (MRED)

APN: 19-01-326-018-0000

Illinois Cook County Chicago 60632 Brighton Park

4602 S Albany Ave, Chicago, IL

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