NOT LISTED FOR SALE

Estimated Value: $352,000 - $461,086

7 Beds
3 Baths
1,272 Sq Ft
$314/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $410,000 $322 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,418/month

About This Home

As of January 2022

Rare opportunity to own a multi-family property in beautiful Garfield Ridge. Property consists of three apartments. Front building has two units that can be combined to create a lovely single family home with full basement OR keep as two separate apartments. Additional coach house buildings live like single-family homes with a full basement, the other has a full attic. All apartments pay their own utilities and all have individual water heaters, central heating systems (2 units have AC) and all units have updated circuit breaker panels. Roofs, windows, masonry and siding are in great shape and all three buildings have been incredibly well maintained. All units are rented below market value. Great opportunity for a live-in owner

Last Agent to Sell the Property

Miguel Chacon

Compass License #471017076 Listed on: 12/02/2021

Compass

Last Buyer's Agent

Lauren Schuh-Dayton

Jameson Sotheby's Intl Realty License #471018537

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1924

Lot Details

  • 3,136

Home Design

  • Asphalt Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,188

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Frame

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4188
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 26, 2022
Sold by
Marquez Salvador and Marquez Martha C
Bought by
Sisto Nicolas Gaetano
Seller's Agent
Miguel Chacon
Compass
Buyer's Agent
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$399,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,478
Avg. Annual Appreciation
-0.69%
Original Mortgage
$393,736
Outstanding Balance
$362,972
Interest Rate
3.13%
Estimated Equity
$36,550

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 17, 2022
Sold by
Marquez Salvador and Marquez Martha C
Bought by
Sisto Nicolas Gaetano
Seller's Agent
Miguel Chacon
Compass
Buyer's Agent
Lauren Schuh-Dayton
Jameson Sotheby's Intl Realty
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,736
Outstanding Balance
$362,972
Interest Rate
3.13%
Estimated Equity
$36,550
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Sisto Nicolas Gaetano -- --
Sisto Nicolas Gaetano -- --
Sisto Nicolas Gaetano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisto Nicolas Gaetano $393,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $410,000 0.0% $322 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $410,000 -- $322 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,797 $38,000 $4,375 $33,625
2023 $3,702 $17,899 $3,906 $13,993
2022 $3,702 $17,899 $3,906 $13,993
2021 $4,022 $19,999 $3,906 $16,093
2020 $4,179 $18,639 $3,125 $15,514
2019 $4,188 $20,711 $3,125 $17,586
2018 $4,118 $20,711 $3,125 $17,586
2017 $3,316 $15,305 $2,812 $12,493
2016 $3,086 $15,305 $2,812 $12,493
2015 $2,825 $15,305 $2,812 $12,493
2014 $2,718 $14,536 $2,656 $11,880
2013 $2,665 $14,536 $2,656 $11,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11280319

Midwest Real Estate Data (MRED)

APN: 19-08-320-033-0000