NOT LISTED FOR SALE

550 Callan Ave Evanston, IL 60202

Estimated Value: $734,000 - $889,692

3 Beds
1.5 Baths
2,808 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $451,000 $161 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,487/month

31 Days on Market

Highlights

  • Home Theater
  • 3-minute walk to South Boulevard Station
  • Home Office
  • Lincoln Elementary School Rated A
  • Vaulted Ceiling
  • Skylights

About This Home

As of October 2019

ATTENTION Home-based business owners, musicians, developers and homeowners looking for a one of a kind property! Excellent opportunity to reimagine this 2800 SQ FT converted brick warehouse OR keep intact as a CUSTOMIZED PROFESSIONAL RECORDING STUDIO! Large 50.8' x 121.5' lot is zoned R3 and is currently used as live/work space for a recording engineer. A unique split level with inspiring 14' ceilings in front rooms with skylights and a sunken kitchen, 3+ bedrooms and 1.5 baths with a fenced in patio area for grilling. The front parking area fits 8 cars, borders the alley and enjoys the quiet seclusion of being set back off a low traffic street. Convenient location next to South Blvd El stop, Main Street shops, Metra, and beach. Bring your vision and create a new home or set up your own working studio! Property is being sold 'As-Is" **SOUND STUDIO FIXTURES are excluded from price and can be purchased separately.

Last Agent to Sell the Property

Katrina de los Reyes

Berkshire Hathaway HomeServices Chicago License #475150010 Listed on: 08/01/2019

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Jeanie Bratschie

Berkshire Hathaway HomeServices Chicago License #471021956

Last Buyer's Agent

Faustino Aguilera

Century 21 S.G.R., Inc. License #475165951

Century 21 S.G.R., Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,297

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50.8x121.5
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,808 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Patio

Schools

  • Lincoln Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,297

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • LivingArea: 2808
  • Room Type: Office, Foyer, Theatre Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 440000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 8
  • Number of Cars: 8
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50.8X121.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 9297.17
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 22, 2019
Sold by
Reeves James
Bought by
Mendoza Mike P
Seller's Agent
Katrina de los Reyes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Faustino Aguilera
Century 21 S.G.R., Inc.
List Price
$440,000
Sold Price
$451,000
Premium/Discount to List
$11,000
2.5%
Current Estimated Value
$798,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,423
Avg. Annual Appreciation
10.02%
Original Mortgage
$405,900
Outstanding Balance
$355,589
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$442,834
Source: Public Records

Range of Values:

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Average Value
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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
Mendoza Mike P $451,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Mike P $405,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $451,000 +2.5% $161 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $440,000 -- $157 / 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 $15,207 $62,001 $16,638 $45,363
2023 $14,588 $62,001 $16,638 $45,363
2022 $14,588 $62,001 $16,638 $45,363
2021 $11,463 $42,620 $9,680 $32,940
2020 $11,306 $42,620 $9,680 $32,940
2019 $8,295 $46,836 $9,680 $37,156
2018 $9,718 $50,864 $8,167 $42,697
2017 $9,297 $50,864 $8,167 $42,697
2016 $9,866 $50,864 $8,167 $42,697
2015 $10,996 $45,039 $6,806 $38,233
2014 $12,131 $45,039 $6,806 $38,233
2013 $10,170 $45,039 $6,806 $38,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10470659

Midwest Real Estate Data (MRED)

APN: 11-19-412-020-0000