NOT LISTED FOR SALE

Estimated Value: $469,354 - $502,000

5 Beds
2 Baths
1,895 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 26, 2025

Last sale price $480,000 $253 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,194/month

6 Days on Market

Highlights

  • Property is near park
  • Bungalow
  • Paved or Partially Paved Lot
  • Community Pool
  • Heating System Uses Steam

About This Home

As of March 2025

Fantastic Opportunity in Portage Park! This 2-flat property offers a spacious layout along with a large contractor's 2.5 garage featuring a party door. The first floor boasts a generous foyer, a bright living and dining room combo, three sizable bedrooms, a bathroom, and an eat-in kitchen. Additionally, the expansive basement with high ceilings offers the tons of potential. The second floor includes two bedrooms, a living room, a kitchen, a bathroom, and two private entrances. Currently tenant-occupied on a month-to-month basis.

Last Agent to Sell the Property

Johnpaul Salcedo

Coldwell Banker Realty License #475177562 Listed on: 01/28/2025

Coldwell Banker Realty

Last Buyer's Agent

Alice Jordan

Compass License #475130765

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,178

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x126
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Gray Elementary School
  • Schurz High School

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,178

Year Built

Built in 1924

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1924
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Pool, Sidewalks, Street Lights, Street Paved

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7177.75
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Mar 25, 2025
Sold by
Vazquez Jose L and Vazquez Maria Rosario
Bought by
Baustert Kristen
Seller's Agent
Johnpaul Salcedo
Coldwell Banker Realty
Buyer's Agent
Alice Jordan
Compass
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
29
Current Estimated Value
$485,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,839
Avg. Annual Appreciation
1.22%
Original Mortgage
$384,000
Outstanding Balance
$381,003
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$104,836

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 30, 2022
Sold by
Tantilla Michael
Bought by
Vazquez Jose L and Vazquez Maria Rosario
Seller's Agent
Lisa Sanders
Keller Williams ONEChicago
Buyer's Agent
Johnpaul Salcedo
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 1995
Sold by
Rasmussen Kathleen
Bought by
Tantilla Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.62%
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

Date Buyer Sale Price Title Company
Baustert Kristen $480,000 First American Title
Vazquez Jose L -- Saturn Title
Tantilla Michael $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baustert Kristen $384,000
Previous Owner Vazquez Jose L $280,000
Previous Owner Tantilla Michael $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2025 03/26/25 Sold $480,000 +1.1% $253 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $475,000 +35.7% $251 / Sq Ft
09/30/2022 09/30/22 Sold $350,000 0.0% $185 / Sq Ft View Prior Sale
08/12/2022 08/12/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $350,000 -- $185 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,178 $39,000 $13,230 $25,770
2024 $7,178 $39,000 $13,230 $25,770
2023 $6,997 $34,000 $10,584 $23,416
2022 $6,997 $34,000 $10,584 $23,416
2021 $6,841 $34,000 $10,584 $23,416
2020 $5,420 $24,318 $4,725 $19,593
2019 $5,493 $27,324 $4,725 $22,599
2018 $5,401 $27,324 $4,725 $22,599
2017 $5,102 $23,687 $4,158 $19,529
2016 $4,897 $24,435 $4,158 $20,277
2015 $4,692 $25,590 $4,158 $21,432
2014 $4,509 $24,287 $3,780 $20,507
2013 $4,420 $24,287 $3,780 $20,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12278207

Midwest Real Estate Data (MRED)

APN: 13-21-128-031-0000

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