Landlord's Agent in 2022
Philip Skowron
Compass
(312) 612-0303
12 in this area
139 Total Sales
48 E Elm St Chicago, IL 60611
Gold Coast NeighborhoodEstimated Value: $2,613,298 - $3,807,000
3
Beds
4.5
Baths
5,457
Sq Ft
$573/Sq Ft
Est. Value
Highlights
- Home Theater
- 5-minute walk to Clark/Division Station
- Sun or Florida Room
- Lincoln Park High School Rated A
- Whirlpool Bathtub
- 4-minute walk to Mariano (Louis) Park
About This Home
As of October 2022Fabulous single-family home located in the heart of the Gold Coast. Enjoy the historical tree-lined streets and walking distance to the best Chicago offers, from the exclusive shops on Michigan Ave, restaurants on Rush St, and immediate access to the Lake, beaches and parks. This elegant home features 3 bedrooms, 4.1 bathrooms and luxury 5-star finishes, from custom woodwork to designer kitchen and baths. 2-car garage included.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $60,672
Year Built
- 1891
Lot Details
- Lot Dimensions are 17x105
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Limestone
Interior Spaces
- 5,457 Sq Ft Home
- 3-Story Property
- Wet Bar
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Sitting Room
- Combination Dining and Living Room
- Home Theater
- Sun or Florida Room
- Utility Room with Study Area
- Finished Basement
- Partial Basement
Kitchen
- Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Property Available on 9/27/22
- 12 Month Lease Term
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2015
Closed on
Apr 14, 2016
Sold by
Republic Bank Of Chicago
Bought by
Golden Kanatli Derbil Revocable Trust
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Philip Skowron
Compass
List Price
$2,990,000
Sold Price
$2,300,000
Premium/Discount to List
-$690,000
-23.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,075
Avg. Annual Appreciation
3.31%
Purchase Details
Closed on
Aug 25, 2004
Sold by
48 E Elm Llc
Bought by
Dupage National Bank and Trust #1711
Purchase Details
Closed on
Dec 22, 2000
Sold by
Longstreet Renovation & Development Co
Bought by
48 E Elm Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
10.5%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 24, 1995
Sold by
O C I Mtg Corp
Bought by
Longstreet Renovation & Development Co
Purchase Details
Closed on
Aug 29, 1994
Sold by
Citicorp Mtg Inc
Bought by
Del Mtg Corp
Purchase Details
Closed on
Oct 28, 1993
Sold by
Sheahan Michael
Bought by
Citibank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Golden Kanatli Derbil Revocable Trust | $2,300,000 | Proper Title Llc | |
| Dupage National Bank | $2,800,000 | Cti | |
| 48 E Elm Llc | $1,210,000 | -- | |
| Longstreet Renovation & Development Co | $442,000 | -- | |
| Del Mtg Corp | $253,017 | -- | |
| Citibank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 48 E Elm Llc | $3,550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Rented | $10,000 | 0.0% | -- |
| 10/04/2022 10/04/22 | Under Contract | -- | -- | -- |
| 09/27/2022 09/27/22 | For Rent | $10,000 | -16.7% | -- |
| 01/20/2021 01/20/21 | Rented | $12,000 | 0.0% | -- |
| 01/19/2021 01/19/21 | Under Contract | -- | -- | -- |
| 09/01/2020 09/01/20 | For Rent | $12,000 | +20.0% | -- |
| 08/14/2018 08/14/18 | Rented | $10,000 | -16.7% | -- |
| 08/10/2018 08/10/18 | Under Contract | -- | -- | -- |
| 07/23/2018 07/23/18 | Price Changed | $12,000 | -7.7% | $2 / Sq Ft |
| 07/06/2018 07/06/18 | For Rent | $13,000 | +26.8% | -- |
| 08/25/2017 08/25/17 | Rented | $10,250 | -12.8% | -- |
| 07/21/2017 07/21/17 | For Rent | $11,750 | +30.6% | -- |
| 10/07/2016 10/07/16 | Rented | $9,000 | 0.0% | -- |
| 09/12/2016 09/12/16 | For Rent | $9,000 | 0.0% | -- |
| 04/20/2016 04/20/16 | Sold | $2,300,000 | -23.1% | $421 / Sq Ft |
| 02/08/2016 02/08/16 | Pending | -- | -- | -- |
| 12/28/2015 12/28/15 | For Sale | $2,990,000 | -- | $548 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $60,672 | $290,000 | $53,406 | $236,594 |
| 2023 | $59,146 | $287,560 | $43,000 | $244,560 |
| 2022 | $59,146 | $287,560 | $43,000 | $244,560 |
| 2021 | $57,826 | $287,560 | $43,000 | $244,560 |
| 2020 | $52,810 | $237,061 | $30,100 | $206,961 |
| 2019 | $51,770 | $257,675 | $30,100 | $227,575 |
| 2018 | $50,899 | $257,675 | $30,100 | $227,575 |
| 2017 | $48,918 | $227,242 | $24,080 | $203,162 |
| 2016 | $45,514 | $227,242 | $24,080 | $203,162 |
| 2015 | $41,641 | $227,242 | $24,080 | $203,162 |
| 2014 | $41,916 | $225,917 | $20,640 | $205,277 |
| 2013 | $41,089 | $225,917 | $20,640 | $205,277 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Skowron
-
Helaine Cohen
Tenant's Agent in 2022
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
(312) 953-0961
8 in this area
98 Total Sales
-
Amy Morro
Buyer's Agent in 2018
Amy Morro
Baird Warner
(773) 318-9550
6 in this area
24 Total Sales
-
Mike Larson
Buyer's Agent in 2017
Mike Larson
Jameson Sotheby's Intl Realty
(847) 754-7550
6 in this area
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11639250
APN: 17-03-200-044-0000
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