NOT LISTED FOR SALE

Estimated Value: $247,000

13 Beds
3 Baths
-- Sq Ft
0.74 Acres

Last Sold February 08, 2021

Last sale price $350,000

Est. 29% decrease in value since last sale

Current estimated payment $1,336/month

1 Day on Market

About This Home

As of February 2021

This home is located at 5617 S Princeton Ave, Chicago, IL 60621 since 07 February 2021 and is currently estimated at $247,000. 5617 S Princeton Ave is a home located in Cook County with nearby schools including Sherwood Elementary School, KIPP Bloom Charter Elementary School, and Urban Prep Charter Academy for Young Men - Englewood.

Last Agent to Sell the Property

Ursula Shine

Exit Strategy Realty / EMA Management License #471022302 Listed on: 02/07/2021

Last Buyer's Agent

Tony Diggs

Michigan Ave Realty Group License #471021406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,114

Year Renovated

  • 2020

Lot Details

  • Lot Dimensions are 50x125
  • Fenced Yard
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,114

Year Renovated

2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 13
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3114.32
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Jan 25, 2021
Sold by
I & B Properties Llc
Bought by
Huron Enterprises Llc
Seller's Agent
Ursula Shine
Exit Strategy Realty / EMA Management
Buyer's Agent
Tony Diggs
Michigan Ave Realty Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,000
Avg. Annual Appreciation
-7.12%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Johnson Patricia
Bought by
I & B Properties Llc

Purchase Details

Closed on
Nov 25, 2002
Sold by
Lasalle Bank National Assn
Bought by
Johnson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
6.25%

Purchase Details

Closed on
May 7, 1997
Sold by
Johnson Patricia
Bought by
Barnes Lester

Purchase Details

Closed on
Feb 15, 1996
Sold by
Zamaro Ltd
Bought by
Johnson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,350
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1995
Sold by
Ward Marilyn B
Bought by
Zamaro Ltd

Purchase Details

Closed on
Oct 18, 1995
Sold by
Federal National Mortgage Association
Bought by
Ward Marilyn B

Purchase Details

Closed on
Sep 25, 1995
Sold by
Sheahan Michael F
Bought by
Federal National Mortgage Association
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
Huron Enterprises Llc -- Chicago Title
I & B Properties Llc $32,000 Mgr Title
Johnson Patricia $260,000 --
Barnes Lester $1,000 Chicago Title Insurance Co
Johnson Patricia $25,000 Intercounty Title
Zamaro Ltd -- --
Ward Marilyn B -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Patricia $233,900
Previous Owner Johnson Patricia $143,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $350,000 0.0% --
02/08/2021 02/08/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $350,000 -- --
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 $446 $973 $973 --
2023 $435 $2,108 $2,108 --
2022 $435 $2,108 $2,108 $0
2021 $425 $2,107 $2,107 $0
2020 $469 $2,107 $2,107 $0
2019 $423 $2,107 $2,107 $0
2018 $416 $2,107 $2,107 $0
2017 $419 $1,945 $1,945 $0
2016 $390 $1,945 $1,945 $0
2015 $356 $1,945 $1,945 $0
2014 $331 $1,783 $1,783 $0
2013 $324 $1,783 $1,783 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10990566

Midwest Real Estate Data (MRED)

APN: 20-16-202-028-0000