NOT LISTED FOR SALE

5205 W 24th St Cicero, IL 60804

Cicero Area
8 Beds
3 Baths
-- Sq Ft
1916 Built

Sale Details

Date Sold: October 25, 2024

Last sale price $460,000

4 Days on Market

Highlights

  • Corner Lot
  • Enclosed Patio or Porch
  • Senior Tax Exemptions
  • 2 Car Detached Garage

About This Home

As of October 2024

Spacious Brick 3-Flat in Prime Location Discover this proper three-story building featuring three apartments totaling over 3,500 sq ft., plus an unfinished basement. Each spacious unit boasts hardwood floors, 10' ceilings, living rooms, formal dining rooms, and eat-in kitchens. All apartments are move-in ready. The first-floor apartment includes two bedrooms, one full bath, and a stackable washer/dryer on the back porch. This vacant unit will present a perfect owner-occupancy or additional rental income opportunity. The second and third-floor apartments each have three bedrooms and one full bath and are currently occupied by long-term tenants who are on a month-to-month basis and would love to stay. A gated concrete driveway leads to a two-car garage, 3-4 additional parking spaces and a fenced in backyard. Enclosed back porches provide extra storage space. The location is ideal, with easy access to public transportation, shopping, and dining options. Don't miss out on this incredible opportunity. Estate Sale - Selling as-is, including the Cicero compliance inspection. FHA loans will not be approved unless it's a 203K loan. Conventional loans and cash only, please.

Last Agent to Sell the Property

Laura Garcia

Compass License #475146684 Listed on: 08/15/2024

Compass

Co-Listed By

Juan Garcia

Compass License #475146677

Last Buyer's Agent

Cristino Aguirre

Realty of America, LLC License #471021933

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1916

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Lot Details

  • Lot Dimensions are 37x126
  • Corner Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,700
  • Trash Expense $820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1916

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Hardwood Floors
  • MRD_AppliancesAndFeatures: Hardwood Floors

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 820
  • Trash Expense Year: 0

Lot Info

  • Lot Dimensions: 37X126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Insurance Expense: 1700
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3012
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

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
Aug 15, 2024
Closed on
Oct 25, 2024
Sold by
Bought by
Seller's Agent
Laura Garcia
Compass
Buyer's Agent
Cristino Aguirre
Realty of America, LLC
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
0.0608%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2024
Sold by
Bought by
Source: Public Records
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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
$460,000 Chicago Title
-- None Listed On Document
-- 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 $368,000
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
10/25/2024 10/25/24 Sold $460,000 0.0% --
08/26/2024 08/26/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $459,900 0.0% --
08/14/2024 08/14/24 Price Changed $459,900 -- --
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 $2,261 $28,000 $5,079 $22,921
2024 $2,261 $28,000 $5,079 $22,921
2023 $3,012 $28,000 $5,079 $22,921
2022 $3,012 $26,774 $4,371 $22,403
2021 $2,898 $26,772 $4,370 $22,402
2020 $2,625 $26,772 $4,370 $22,402
2019 $3,373 $21,438 $4,016 $17,422
2018 $3,292 $21,438 $4,016 $17,422
2017 $3,114 $21,438 $4,016 $17,422
2016 $4,479 $15,168 $3,307 $11,861
2015 $4,649 $15,168 $3,307 $11,861
2014 $4,081 $15,168 $3,307 $11,861
2013 $4,061 $14,335 $3,307 $11,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12131466

Midwest Real Estate Data (MRED)
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