NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
1923 Built

Sale Details

Date Sold: December 21, 2018

Last sale price $420,000

36 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Intercom
  • 2 Car Detached Garage
  • Soaking Tub
  • Patio

About This Home

As of December 2018

A commuters & students dream LOCATION in North Park! 1 block to Kedzie & Kimball/Lawrence brown line, walking distance to Peterson Elementary School, Northside College Prep High School, North Park University, Northeastern Illinois University, Chicago public library... Creamy brick 2 flat on an extra wide lot (35x125) with 2 bed+ den/ 1 bath, hardwood floors on first and second floors. Finished basement with 2 bed/1bath. 2 car garage & 1 outdoor parking space. Vegetable garden. 3 central heating & 2 central air conditioning units installed 5 years ago, 2016 front windows, 2016 hot water heater, 2nd layer was added to the flat roof about 2 years ago. Both tenants are on MTM with monthly rental income of $2800. Value added with some cosmetic updates to collect much higher rental incomes.

Last Agent to Sell the Property

Victoria Nguyen

eXp Realty License #475114301 Listed on: 09/27/2018

eXp Realty

Last Buyer's Agent

Abdulgafoor Behlim

Guidance Realty License #475170213

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,645

Year Built

  • Built in 1923

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Porch

Lot Details

  • Lot Dimensions are 35x125
  • Fenced Yard

Schools

  • Peterson Elementary School
  • Northside College Preparatory Se High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $33,600
  • Net Operating Income $24,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,645

Year Built

Built in 1923

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Other Expenses $: 9345

Schools

  • Elementary School: PETERSON ELEMENTARY SCHOOL
  • High School: NORTHSIDE COLLEGE PREPARATORY SE

Lot Info

  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 24255
  • GrossIncome: 33600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7645
  • Tax Year: 2017
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: North Park Univeristy

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
Sep 27, 2018
Closed on
Dec 20, 2018
Sold by
Bought by
Seller's Agent
Victoria Nguyen
eXp Realty
Buyer's Agent
Abdulgafoor Behlim
Guidance Realty
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$274,489
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Park, IL

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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
$420,000 First American Title
-- Chicago Title Insurance Comp
-- Chicago Title Insurance Comp
-- --
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 $315,000
Closed $202,000
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
12/21/2018 12/21/18 Sold $420,000 -6.7% --
11/02/2018 11/02/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $450,000 -2.2% --
09/27/2018 09/27/18 For Sale $460,000 -- --
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 $8,403 $53,000 $15,190 $37,810
2024 $8,403 $53,000 $15,190 $37,810
2023 $8,170 $43,000 $12,152 $30,848
2022 $8,170 $43,000 $12,152 $30,848
2021 $8,003 $43,000 $12,152 $30,848
2020 $7,013 $31,371 $6,293 $25,078
2019 $7,269 $36,059 $6,293 $29,766
2018 $7,146 $36,059 $6,293 $29,766
2017 $7,645 $35,396 $5,642 $29,754
2016 $7,113 $35,396 $5,642 $29,754
2015 $6,509 $35,396 $5,642 $29,754
2014 $4,705 $27,834 $5,208 $22,626
2013 $5,259 $31,439 $5,208 $26,231
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10095644

Midwest Real Estate Data (MRED)
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