NOT LISTED FOR SALE

506 N Leamington Ave Chicago, IL 60644

Austin Neighborhood

Estimated Value: $250,000 - $302,000

4 Beds
2 Baths
2,024 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $25,000 $12 Per Sq Ft

Est. 1,011% increase in value since last sale

Current estimated payment $1,625/month

16 Days on Market

Highlights

  • Detached Garage
  • 4-minute walk to Laramie Station
  • 5-minute walk to Hubbard Park
  • Baseboard Heating

About This Home

As of June 2012

Income property - for a song! Amazing potential and Not a Short-sale or Foreclosure. A quick closing and possession is highly preferred. Owner says "bring me all reasonable offers" for a quick close. 2 flat - each with 2 BR's and a bath. Needs some work and up-dating. Partially finished basement. Being sold - 'As Is'.

Last Agent to Sell the Property

Clyde Porter

Coldwell Banker Real Estate Group License #475143511 Listed on: 04/16/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Clyde Porter

Coldwell Banker Real Estate Group License #475143511 Listed on: 04/16/2012

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,346

Year Built

  • 1900

Lot Details

  • 3,049

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$1,346

Year Built

1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4

Exterior Features

  • Roof: Asphalt/Glass (Rolled)
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Storm, Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 35 X 100

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2009
Sold by
Smith Alfred L
Bought by
Smith Lillian M
Current Estimated Value
$277,701
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Smith Lillian M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spivey Dorothy $127,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $25,000 -35.7% $12 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $38,900 -- $19 / Sq Ft
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 $1,346 $24,000 $3,780 $20,220
2023 $1,353 $16,001 $2,993 $13,008
2022 $1,353 $16,001 $2,993 $13,008
2021 $1,288 $15,999 $2,992 $13,007
2020 $1,329 $15,159 $2,677 $12,482
2019 $1,325 $16,844 $2,677 $14,167
2018 $1,305 $16,844 $2,677 $14,167
2017 $1,398 $14,243 $2,362 $11,881
2016 $2,853 $14,243 $2,362 $11,881
2015 $2,610 $14,243 $2,362 $11,881
2014 $2,462 $13,272 $2,205 $11,067
2013 $2,414 $13,272 $2,205 $11,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08043608

Midwest Real Estate Data (MRED)

APN: 16-09-216-047-0000