Seller's Agent in 2024
Scott Berg
Berg Properties
(773) 960-2462
3 in this area
588 Total Sales
533 Skokie Ave Highland Park, IL 60035
East Highland Park Neighborhood
6
Beds
4
Baths
--
Sq Ft
9,757
Sq Ft Lot
Highlights
- Corner Lot
- First Floor Utility Room
- Two Heating Systems
- Indian Trail Elementary School Rated A
About This Home
As of October 2024Nestled in East Highland Park, minutes from downtown Highland Park and Highwood, this fully remodeled townhome-style duplex presents a compelling investment opportunity. There are two 3 bed/2 bath units (2,800 sq ft total), separately metered, producing $68,100 in rent/year, with a cap rate of ~7.0%. Both units feature remodeled kitchens and bathrooms, new Anderson bedroom windows and refinished hardwood flooring. Each unit has a separate parking lot, with its own carport. The building has a brand-new roof, modern fencing, and an elegant landscape design. The first unit rents for $2,725, lease ending May 31, 2025, while the second rents for $2,950.00 with the same lease end date. Tenants pay all utilities, the owner pays landscaping, water/sewer and snow removal. If you're looking to acquire a mini portfolio, consider buying this along with another 3 units (~7% cap rate) in neighboring Highwood (see MLS#: 12124587)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,767
Year Built
- Built in 1950 | Remodeled in 2024
Home Design
- Tri-Level Property
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Basement
- Walk-Out Basement
- Exterior Basement Entry
Parking
- 8 Parking Spaces
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- First Floor Utility Room
- Corner Lot
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Sep 23, 2024
Sold by
Britton David
Bought by
Trust Number 1860 and Chicago Title Land Trust
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$669,500
Sold Price
$630,000
Premium/Discount to List
-$39,500
-5.9%
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,558
Avg. Annual Appreciation
-17.20%
Original Mortgage
$318,000
Outstanding Balance
$316,295
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$226,455
Purchase Details
Closed on
Dec 17, 2021
Sold by
Gjc Properties Llc
Bought by
Britton David
Purchase Details
Closed on
Nov 16, 2018
Sold by
Cibon Agnes and Estate Of George J Cibon
Bought by
Gjc Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $630,000 | First American Title | |
| Warranty Deed | $390,000 | First American Title | |
| Quit Claim Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,000 | New Conventional | |
| Previous Owner | $230,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $630,000 | -3.1% | -- |
| 08/24/2024 08/24/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | Price Changed | $649,900 | -2.9% | -- |
| 08/01/2024 08/01/24 | For Sale | $669,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,091 | $140,260 | $47,182 | $93,078 |
| 2023 | $12,753 | $126,428 | $42,529 | $83,899 |
| 2022 | $12,753 | $141,622 | $46,720 | $94,902 |
| 2021 | $11,767 | $136,899 | $45,162 | $91,737 |
| 2020 | $11,386 | $136,899 | $45,162 | $91,737 |
| 2019 | $11,000 | $136,259 | $44,951 | $91,308 |
| 2018 | $9,730 | $127,708 | $49,777 | $77,931 |
| 2017 | $9,579 | $126,972 | $49,490 | $77,482 |
| 2016 | $9,247 | $120,879 | $47,115 | $73,764 |
| 2015 | $8,979 | $112,310 | $43,775 | $68,535 |
| 2014 | $8,512 | $103,960 | $42,522 | $61,438 |
| 2012 | $8,270 | $104,566 | $42,770 | $61,796 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Berg
-
Exclusive Agency
E
Buyer's Agent in 2024
Exclusive Agency
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12126880
APN: 16-23-101-028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 0 Skokie Ave
- 572 Vine Ave
- 2542 Green Bay Rd
- 1 Burtis Ave
- 2110 Saint Johns Ave Unit B
- 2514 Hidden Oak (Lot 9) Cir
- 385 Vine Ave
- 2086 Saint Johns Ave Unit 306
- 2028 St Johns Ave
- 2020 St Johns Ave Unit 309
- 0 Wrendale Ave Unit MRD12160027
- 417 Temple Ave
- 2445 Woodbridge Ln
- 1950 Sheridan Rd Unit 105
- 2441 Woodbridge Ln
- 282 Linden Park Place
- 2018 Linden Ave
- 940 Augusta Way Unit 315
- 2471 Augusta Way
- 1789 Green Bay Rd Unit B