NOT LISTED FOR SALE

4959 W Schubert Ave Chicago, IL 60639

Cragin Neighborhood
19 Beds
9 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: June 14, 2018

Last sale price $793,800 $0 Per Sq Ft

16 Days on Market

About This Home

As of June 2018

GREAT INVESTMENT OPPORTUNITY! ALL BRICK 8 UNIT BUILDING PLUS A STUDIO (LOWER LEVEL) $$$. NEWER DECK. NEWER HOT WATER TANK 2016. COIN LAUNDRY $$$. 5 PARKING SPACES AT THE BACK $$$. COMMON AREA/BACKYARD FULLY FENCED IN WITH SECURITY GATE. 5 UNITS WITH LONG TIME TENANTS (17-18YRS) THEREFORE RENTS ARE LOW. FULLY RENTED! L/A RELATED TO SELLERS. HURRY BEFORE THIS ONE IS GONE TOO! SOLD AS-IS.

Last Agent to Sell the Property

Gerald Fuentes

Hometown Real Estate Group License #475138265 Listed on: 04/13/2018

Hometown Real Estate Group

Last Buyer's Agent

Andrew Klemen

Andrew Klemen License #471017872

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Finished Basement

  • Exterior Basement Entry

Community Details

  • Fuel Expense $6,933
  • Insurance Expense $2,960

Listing and Financial Details

  • Tenant pays for electric, varies by tenant

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 56538
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 6700
  • Roof Coverings: Membrane, Reflective Coating, Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 2018
  • Total Annual Exp: 38142
  • Total Annual Income: 94680
  • Total Monthly Income: 7890
  • Number Of Stories: 2
  • Estimated Year Built: 1925
  • Type Multi Family: Corridor-Exterior Entrance, Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Basement: Finished, Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Hot Water, Radiators
  • Water Expense: 2685

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 1361
  • Electrical Service: Circuit Breakers, 201-600 Amps
  • Janitor Expense: 5000

Lot Info

  • Lot Dimensions: 50X125
  • Lot Sq Ft: 6200
  • Parcel Identification Number: 13284100010000

Rental Info

  • Gross Rental Income: 94680
  • Tenant Pays: Electric, Varies by Tenant

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 6933
  • Insurance Expense: 2960

Tax Info

  • Taxes: 10484

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
Apr 13, 2018
Closed on
Jun 14, 2018
Sold by
Pozo Yolanda and Pozo Patricio
Bought by
Seller's Agent
Gerald Fuentes
Hometown Real Estate Group
Buyer's Agent
Andrew Klemen
Andrew Klemen
List Price
$914,900
Sold Price
$793,800
Premium/Discount to List
-$121,100
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Outstanding Balance
$301,627
Interest Rate
2.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2005
Sold by
Flores Alejandro and Flores Maria Luisa
Bought by
Pozo Yolanda and Pozo Patricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2001
Sold by
Cahue Juan and Cahue Agustin
Bought by
Flores Alejandro and Flores Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2001
Sold by
Vergara Gilberto and Vergara Martha
Bought by
Cahue Juan and Cahue Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,762
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 1998
Sold by
Woda Mieczyslaw
Bought by
Vergara Gilberto and Vergara Martha
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
$794,000 Old Republic Title
Pozo Yolanda $670,000 Heritage Title Company
Flores Alejandro $520,000 Chicago Title Insurance Co
Cahue Juan $400,000 --
Vergara Gilberto $290,000 --
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 $588,000
Closed Pozo Yolanda $536,000
Previous Owner Flores Alejandro $535,000
Previous Owner Cahue Juan $544,762
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
06/14/2018 06/14/18 Sold $793,800 -6.6% --
04/29/2018 04/29/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $850,000 -7.1% --
04/26/2018 04/26/18 For Sale $914,900 0.0% --
04/17/2018 04/17/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $914,900 -- --
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 $13,340 $66,400 $11,470 $54,930
2024 $13,029 $66,400 $11,470 $54,930
2023 $12,701 $61,754 $11,160 $50,594
2022 $12,701 $61,754 $11,160 $50,594
2021 $12,418 $61,753 $11,160 $50,593
2020 $12,190 $54,720 $11,160 $43,560
2019 $10,994 $54,720 $11,160 $43,560
2018 $10,809 $54,720 $11,160 $43,560
2017 $11,175 $51,913 $9,765 $42,148
2016 $10,484 $52,343 $9,765 $42,578
2015 $9,592 $52,343 $9,765 $42,578
2014 $7,925 $42,711 $9,765 $32,946
2013 $7,768 $42,711 $9,765 $32,946
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09916244

Midwest Real Estate Data (MRED)

APN: 13284100010000

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