NOT LISTED FOR SALE

5440 S Hunt Ave Summit Argo, IL 60501

Estimated Value: $345,000 - $397,000

4 Beds
2 Baths
2,000 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $350,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,641/month

2 Days on Market

Highlights

  • Rooftop Deck
  • 3 Car Detached Garage
  • Two Heating Systems
  • Argo Community High School Rated A-
  • Garage ceiling height seven feet or more
  • Ceiling Fan

About This Home

As of July 2024

Legal 2 unit. first floor has large liv. room, dining room, 2 bedrooms, 1 Bath, Kitchen and laundry/furnace room, and walk-in pantry closet. 2nd floor has large liv. room dining area, kitchen, 2 bedrooms, 1 bath. Nice deck on 2nd level. Brand new furnace and AC units in each unit. All utilities run thru 1st floor. That is the way it was built. 3 car garage. Paved dead end alley that is used by 3 homes only. plenty of parking space. Home has been painted and new carpeting in 2nd floor bedrooms. All code compliance for village has been completed. Nothing for buyer to do but move in. Being sold "AS-IS". Village inspection available in additional info tab.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 06/26/2024

Last Buyer's Agent

Wilfredo Galarza

Duarte Realty Company License #475203891

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,824

Year Built

  • Built in 1898 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 30 x 105 x 30 x 105
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rooftop Deck

Schools

  • Walsh Elementary School
  • Heritage Middle School
  • Argo Community High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,824

Year Built

Built in 1898 | Remodeled in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Roof Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Walsh Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Heritage Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 105 X 30 X 105
  • 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: 7824.31
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 26, 2024
Sold by
Kenneth Hill 2004 Trust and Hill Kenneth
Bought by
Lara Maria G and Lara Jacquelin
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Wilfredo Galarza
Duarte Realty Company
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Views
20
Current Estimated Value
$365,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,470
Avg. Annual Appreciation
2.97%
Original Mortgage
$338,318
Outstanding Balance
$332,627
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$32,843

Purchase Details

Closed on
Dec 19, 2005
Sold by
Hill Kenneth
Bought by
Hill Kenneth and Kenneth Hill 2004 Trust

Purchase Details

Closed on
Apr 5, 2004
Sold by
Hill Melba
Bought by
Hill Kenneth
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
Lara Maria G $350,000 Fidelity National Title
Hill Kenneth -- --
Hill Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Maria G $338,318
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $350,000 -2.8% $175 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $359,900 -- $180 / 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
2025 $8,759 $25,000 $2,385 $22,615
2024 $8,759 $25,000 $2,385 $22,615
2023 $7,824 $25,000 $2,385 $22,615
2022 $7,824 $18,136 $2,056 $16,080
2021 $7,614 $18,135 $2,056 $16,079
2020 $7,796 $18,135 $2,056 $16,079
2019 $8,169 $17,769 $1,891 $15,878
2018 $7,900 $17,769 $1,891 $15,878
2017 $7,889 $17,769 $1,891 $15,878
2016 $6,710 $14,208 $1,645 $12,563
2015 $6,503 $14,208 $1,645 $12,563
2014 $6,364 $14,208 $1,645 $12,563
2013 $6,667 $16,575 $1,645 $14,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12095415

Midwest Real Estate Data (MRED)

APN: 18-12-414-032-0000