NOT LISTED FOR SALE

5440 S 74th Ave Summit Argo, IL 60501

Estimated Value: $252,000 - $277,000

4 Beds
7 Baths
-- Sq Ft
3,485 Sq Ft Lot Lot

Sale Details

Date Sold: March 23, 2017

Last sale price $140,000

Est. 88% increase in value since last sale

Current estimated payment $1,937 / mo

107 Days on Market

Highlights

  • 2 Car Detached Garage
  • Argo Community High School Rated A-
  • 5-minute walk to Hanover Park

About This Home

As of March 2017

LOCATION! LOCATION! LOCATION! ONLY MINUTES TO MAJOR EXPRESSWAYS THIS BEAUTIFUL 2 UNIT BUILDING SITS ON TWO LOTS (2 PINS) AND IS WAITING FOR YOUR DECORATING IDEAS! BIG YARD, FINISHED BASEMENT, AND LOTS OF SPACE! GREAT OPPORTUNITY TO LIVE IN OR FOR INVESTOR! SOLID BUILDING, SOLD AS-IS.

Last Agent to Sell the Property

Mushir Owaynat

Loop Realty Firm License #471019116 Listed on: 08/05/2016

Last Buyer's Agent

Mina Munoz

Re/Max 10 License #475149555

Re/Max 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 7 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

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
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.08
  • Lot Dimensions: 60X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3708.26
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

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

Listed on
Aug 5, 2016
Closed on
Feb 6, 2017
Sold by
Bought by
Seller's Agent
Mushir Owaynat
Loop Realty Firm
Buyer's Agent
Mina Munoz
Re/Max 10
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$263,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,570
Avg. Annual Appreciation
7.08%
Original Mortgage
$137,464
Outstanding Balance
$112,990
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$150,580

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$140,000 Old Republic Title
$45,000 Attorney
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 $137,464
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
03/23/2017 03/23/17 Sold $140,000 0.0% --
01/31/2017 01/31/17 Off Market $140,000 -- --
01/12/2017 01/12/17 For Sale $159,900 +14.2% --
12/30/2016 12/30/16 Off Market $140,000 -- --
11/20/2016 11/20/16 Pending -- -- --
10/25/2016 10/25/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $159,900 -3.0% --
08/27/2016 08/27/16 Price Changed $164,900 -7.9% --
08/05/2016 08/05/16 For Sale $179,000 -- --
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 $6,196 $21,001 $2,567 $18,434
2024 $6,196 $21,001 $2,567 $18,434
2023 $2,309 $21,001 $2,567 $18,434
2022 $2,309 $8,772 $2,213 $6,559
2021 $2,284 $8,771 $2,212 $6,559
2020 $2,437 $8,771 $2,212 $6,559
2019 $3,667 $11,406 $2,035 $9,371
2018 $3,544 $11,406 $2,035 $9,371
2017 $3,566 $11,406 $2,035 $9,371
2016 $3,886 $10,725 $1,770 $8,955
2015 $3,708 $10,725 $1,770 $8,955
2014 $3,654 $10,725 $1,770 $8,955
2013 $4,212 $13,101 $1,770 $11,331
Source: Public Records

Agents Affiliated with this Home

  • Mushir Owaynat

    Seller's Agent in 2017

    Mushir Owaynat

    Loop Realty Firm

    (312) 685-5678

    94 Total Sales

    Mushir Owaynat
    Section Image
  • Mina Munoz

    Buyer's Agent in 2017

    Mina Munoz

    Re/Max 10

    (708) 308-7370

    1 in this area

    200 Total Sales

    Mina Munoz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09308568

Midwest Real Estate Data (MRED)

APN: 18-12-415-013-0000

Illinois Cook County Summit Argo 60501

5440 S 74th Ave, Summit Argo, IL

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.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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