NOT LISTED FOR SALE

5040 S Kostner Ave Chicago, IL 60632

Archer Heights Neighborhood
5 Beds
3 Baths
-- Sq Ft
1929 Built

Sale Details

Date Sold: May 5, 2023

Last sale price $300,000

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Senior Tax Exemptions
  • 5-minute walk to Archer (William Beatty) Park

About This Home

As of May 2023

Classic Chicago Brick 2 flat with 2.5 Car detached garage 1/4 Block to Archer Ave in the Heart of Archer Heights!! Archer bus, Orange line, Midway International Airport, Interstate 55 all within minutes of this solid multi-unit. Family occupied, New Kitchens cabinets & counter top in first floor unit, Full Basement with workshop and bathroom, Roof approx. 10 years young, Plumbing & Electric have been updated, City Installed new windows and entry doors in 2007, St Richards school 1/4 block, Archer Park 1 block to the north. Location, Location, Location. Hurry before you miss the opportunity!!

Last Agent to Sell the Property

Nicholas Signorello

Signorello Realty, Inc. License #471009990 Listed on: 01/06/2023

Last Buyer's Agent

Salvador Gonzalez

RE/MAX Mi Casa License #475122447

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1929

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Radiant Heating System
  • 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

$2,583

Year Built

Built in 1929

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Radiator(s)
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3750 SQFT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2582.55
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

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

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
Jan 6, 2023
Closed on
May 5, 2023
Sold by
Bought by
Seller's Agent
Nicholas Signorello
Signorello Realty, Inc.
Buyer's Agent
Salvador Gonzalez
RE/MAX Mi Casa
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%
Views
37
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$300,000 None Listed On Document
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 $200,000
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
05/05/2023 05/05/23 Sold $300,000 -7.7% --
01/12/2023 01/12/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $324,900 -1.5% --
01/06/2023 01/06/23 For Sale $329,900 -- --
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 $5,098 $29,000 $3,000 $26,000
2024 $5,098 $29,000 $3,000 $26,000
2023 $4,932 $30,000 $3,750 $26,250
2022 $4,932 $30,000 $3,750 $26,250
2021 $2,486 $30,000 $3,750 $26,250
2020 $2,583 $21,002 $3,750 $17,252
2019 $2,574 $24,422 $3,750 $20,672
2018 $2,536 $24,422 $3,750 $20,672
2017 $2,715 $21,638 $3,375 $18,263
2016 $3,102 $21,638 $3,375 $18,263
2015 $2,983 $21,638 $3,375 $18,263
2014 $2,959 $20,708 $3,187 $17,521
2013 $2,970 $20,708 $3,187 $17,521
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nicholas Signorello

    Signorello Realty, Inc.

    (708) 289-9753

    1 in this area

    7 Total Sales

    Nicholas Signorello
    Section Image
  • Salvador Gonzalez

    Buyer's Agent in 2023

    Salvador Gonzalez

    RE/MAX

    (773) 875-9480

    12 in this area

    418 Total Sales

    Salvador Gonzalez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11696259

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60632 Archer Heights

5040 S Kostner Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.