NOT LISTED FOR SALE

4747 W 19th St Cicero, IL 60804

1 Bed
98 Baths
-- Sq Ft
0.25 Acres

Last Sold June 21, 2017

Last sale price $575,000

12 Days on Market

About This Home

As of June 2017

This property is back on the market! Golden Age Retirement Home is currently vacant property with beautiful potential, and is strong structurally. Golden Age is the perfect property for a developer to rehab, and rehab a either a senior housing project or retrofit into a multi-family complex. This property is located directly next to the Cicero Bus line, as well as only a three block walk to the CTA Pink Line. With two elevators, this site is the perfect location for creating needed ADA accessible units. The current layout offers 15 units of underground parking. First floor is 10,198 sq. ft. of potential office space, community areas and commercial kitchen. Kitchen is fitted with ~15 ft hood and tiled area. Zoned C-2, allows for commercial kitchen/restaurant on first floor in addition to other opportunities.

Last Agent to Sell the Property

Devin Rowland

Berkshire Hathaway HomeServices KoenigRubloff Listed on: 12/02/2016

Last Buyer's Agent

Riley Mockler

Avenue 1 Realty Group Inc License #475150778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $111,516

Year Built

  • 1973

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$111,516

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Elderly Housing, Single Room Occupancy
  • Ownership Type: Limited Liability Corp
  • Potential Use: Commercial, Residential-Multi-Family, Retail, Elderly Housing, Single Room Occupancy
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Roof Structure: Flat
  • Number Of Stories: 6
  • Estimated Year Built: 1973
  • Type Multi Family: Senior
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6
  • Year Built: 1973

Interior Features

  • Basement: Slab

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.25
  • Construction: Brick, Concrete
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 13-18 Spaces
  • Number Of Parking Spaces: 15

Utilities

  • Air Conditioner: Window Unit/s

Condo/Co-op/Association

  • Units in Building: 98

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 125' X 83.43'
  • Lot Sq Ft: 10428
  • Parcel Identification Number: 16223040010000

Tax Info

  • Taxes: 20748.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Scianna Renovations Inc
Bought by
4747Th Place Llc

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jun 21, 2017
Sold by
Kma Holdings X Llc
Bought by
Scianna Renovations Inc
Seller's Agent
Devin Rowland
Berkshire Hathaway HomeServices KoenigRubloff
Buyer's Agent
Riley Mockler
Avenue 1 Realty Group Inc
List Price
$699,999
Sold Price
$575,000
Premium/Discount to List
-$124,999
-17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,174,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2013
Sold by
4747 W 19Th St Llc
Bought by
Kma Holdings X Llc

Purchase Details

Closed on
Jun 6, 2012
Sold by
The Chicago Trust Company Na
Bought by
4747 W 19Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2009
Sold by
Orr David D
Bought by
First Chicago Bank & Trust and Trust #1241-B

Purchase Details

Closed on
Aug 24, 2007
Sold by
First Financial Mortgage Inc
Bought by
First Chicago Bank & Trust and Trust #1192-I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2004
Sold by
Retirement Resid Of America Inc
Bought by
First Financial Mortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Retiremen Residences Of America Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,692,820
Interest Rate
7.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4747Th Place Llc -- None Available
Scianna Renovations Inc $575,000 Chicago Title Insurance Comp
Kma Holdings X Llc $454,000 Prairie Title Services
4747 W 19Th St Llc $234,000 Cti
First Chicago Bank & Trust -- None Available
First Chicago Bank & Trust -- None Available
First Financial Mortgage Inc -- Tca
Retiremen Residences Of America Iii Llc $956,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 4747Th Place Llc $300,000
Previous Owner Scianna Renovations Inc $2,174,000
Previous Owner 4747 W 19Th St Llc $270,000
Previous Owner 4747 W 19Th St Llc $270,000
Previous Owner First Financial Mortgage Inc $540,000
Previous Owner First Financial Mortgage Inc $2,500,000
Previous Owner Retiremen Residences Of America Iii Llc $3,692,820
Closed Retiremen Residences Of America Iii Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $575,000 -17.9% --
12/14/2016 12/14/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $699,999 -- --
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 $111,516 $329,629 $9,646 $319,983
2023 $132,269 $329,629 $9,646 $319,983
2022 $132,269 $302,853 $18,770 $284,083
2021 $130,732 $302,853 $18,770 $284,083
2020 $98,916 $235,690 $18,770 $216,920
2019 $28,053 $57,500 $11,470 $46,030
2018 $27,334 $57,500 $11,470 $46,030
2017 $21,240 $46,417 $11,470 $34,947
2016 $21,787 $45,400 $10,949 $34,451
2015 $21,528 $45,400 $10,949 $34,451
2014 $20,748 $45,400 $10,949 $34,451
2013 $9,659 $23,375 $10,949 $12,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09398637

Midwest Real Estate Data (MRED)

APN: 16-22-304-001-0000