NOT LISTED FOR SALE

4905 W Wolfram St Chicago, IL 60641

Cragin Neighborhood
5 Beds
2 Baths
-- Sq Ft
1932 Built

Last Sold August 11, 2021

Last sale price $395,000

7 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Attached Garage
  • Senior Tax Exemptions
  • Enclosed Patio or Porch
  • Heating System Uses Steam

About This Home

As of August 2021

Solid Belmont Cragin all brick legal 2 flat with full unfinished basement wit exterior access! Overall in good shape but needs cosmetic updating. Hardwood floors on both floors, big spacious eat-in kitchens, dining rooms, and front rooms. Each unit has an enclosed porch. 1t floor unit with 3 bedrooms 1 bath and 2nd floor with 2 bedrooms 1 bath. 1st floor newer Anderson windows except back porch, newer window blinds in this unit too. Upgraded newer 200 amp electrical service. Newer boiler system approx 2 years old. Roof approx 11 years old. Basement has outside exits and egress windows - possible duplex with 1st flr unit or a family in-law apartment could be built. Potential for in-law basement too. This building was built to stand for many more years to come....solid & sturdy shape. Fully fenced yard with a 2 car garage off alley. The old-time locals refer to this area as Falconers Corners of the Belmont Cragin neighborhood. This is great for an investor or owner occupied. This building has been maintained by longtime owners but now needs some cosmetic touches to make it sparkle again. Near the CTA, shopping, restaurants and parks.

Last Agent to Sell the Property

Greg Cisek

HomeSmart Connect LLC License #475132216 Listed on: 06/15/2021

HomeSmart Connect LLC

Last Buyer's Agent

Ray Gonzalez

Redefined Real Estate LLC License #475194599

Redefined Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1932

Lot Details

  • Lot Dimensions are 30 x 125
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,626

Year Built

Built in 1932

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: 1932
  • Age: 81-90 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, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished,Exterior Access,Egress Window,Storage Space
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4626.01
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $395,000 +1.3% --
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $389,900 -- --
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
2025 $7,390 $44,000 $7,631 $36,369
2024 $7,390 $44,000 $7,631 $36,369
2023 $7,204 $35,001 $6,188 $28,813
2022 $7,204 $35,001 $6,188 $28,813
2021 $4,205 $35,003 $6,191 $28,812
2020 $4,472 $26,267 $5,156 $21,111
2019 $4,626 $30,544 $5,156 $25,388
2018 $4,556 $30,544 $5,156 $25,388
2017 $4,878 $31,102 $4,537 $26,565
2016 $6,233 $31,102 $4,537 $26,565
2015 $4,878 $31,102 $4,537 $26,565
2014 $4,815 $30,333 $4,125 $26,208
2013 $5,521 $30,333 $4,125 $26,208
Source: Public Records

Agents Affiliated with this Home

  • Greg Cisek

    Seller's Agent in 2021

    Greg Cisek

    The McDonald Group

    (847) 217-4704

    1 in this area

    62 Total Sales

    Greg Cisek
    Section Image

  • R

    Buyer's Agent in 2021

    Ray Gonzalez

    Redefined Real Estate LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11124336

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60641 Cragin

4905 W Wolfram St, Chicago, IL

Not Listed for Sale

MultiFamily

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