NOT LISTED FOR SALE
5 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: August 29, 2022

Last sale price $390,500

5 Days on Market

Highlights

  • Corner Lot
  • 2.5 Car Detached Garage
  • Multiple Water Heaters
  • Fenced Yard
  • Forced Air Heating System
  • Senior Tax Exemptions

About This Home

As of August 2022

Are you looking for a multifamily investment property in sought after Portage Park? Here's a great opportunity! Legal 2 unit property offering 2 bedrooms and 1 bath in each unit. Each floor has their own electrical panel and mechanicals. Home offers 3 furnaces and hot water heaters and 2 ACs. Kitchen and bath on each floor including basement. With some modifications this could be a 3 unit with additional 1 bedroom and full bath in the basement or reconfigure for a large single family home! Some updates include newer windows throughout (05) and Roof (01). Some original details such as the hardwood floors can easily be brought back to life. 2 car detached garage, fenced yard and a corner lot. Only steps to the bus stop that goes straight to the blue line and a block from Chopin Park. This home has great bones in a great location, but is best suited for an investor or handy buyer. A little sprucing up and you'll have instant equity. Sold AS-IS.

Last Agent to Sell the Property

Katie Foss

Baird & Warner License #475156593 Listed on: 07/27/2021

Baird & Warner

Last Buyer's Agent

Maria Rodriguez

eXp Realty License #475166253

eXp Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1949

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 125.3
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Gary Elementary School
  • Schurz High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,469

Year Built

Built in 1949

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1949
  • Age: 71-80 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
  • New Construction 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
  • Other Equipment: Multiple Water Heaters
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Gary Elementary School
  • High School: Schurz High School
  • Middle/Junior School: Gary Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 31 X 125.3
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4469
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • 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

Closed on
Aug 25, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2004
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
$257,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2001
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
$294,000
Interest Rate
7.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2001
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
$237,256
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1999
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
$201,900
Interest Rate
7.28%
Mortgage Type
FHA
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
$390,500 Baird & Warner Title
-- Chicago Title Insurance Comp
$294,000 --
-- --
-- Stewart Title Company
$207,500 Chicago Title Insurance Co
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 $26,527
Previous Owner $257,000
Previous Owner $294,000
Previous Owner $235,200
Previous Owner $237,256
Previous Owner $201,900
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
08/29/2022 08/29/22 Sold $390,500 +4.1% --
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $375,000 -- --
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 $7,600 $37,001 $12,013 $24,988
2024 $7,600 $37,001 $12,013 $24,988
2023 $6,142 $36,001 $9,688 $26,313
2022 $6,142 $36,001 $9,688 $26,313
2021 $4,333 $35,999 $9,687 $26,312
2020 $4,333 $25,645 $5,618 $20,027
2019 $4,469 $29,477 $5,618 $23,859
2018 $4,402 $29,477 $5,618 $23,859
2017 $4,713 $31,039 $5,037 $26,002
2016 $5,063 $31,039 $5,037 $26,002
2015 $4,867 $31,039 $5,037 $26,002
2014 $5,388 $31,588 $4,650 $26,938
2013 $5,271 $31,588 $4,650 $26,938
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11166155

Midwest Real Estate Data (MRED)
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