NOT LISTED FOR SALE

Estimated Value: $151,000 - $231,000

4 Beds
2 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $140,000

Est. 46% increase in value since last sale

Current estimated payment $1,477/month

22 Days on Market

Highlights

  • Den
  • Central Air
  • Family Room
  • Living Room
  • Dining Room
  • 5-minute walk to Gage Park

About This Home

As of October 2022

Located in the heart of Gage Park, this sought after bungalow style home offers a buyer with vision nothing but upside! The home offers a large footprint with solid brick exterior, the property was in the midst of a renovation and leaves a blank canvas for a buyer who has vision with the potential to build tons of equity! The home has had a re-design of the layout and currently offers two bedrooms per level, there is a rough in for a master suite on the second level along with a den, the large living room and dining room currently provide an open concept, very easy to be changed at this stage. There is a finished basement which includes plumbing and an additional bedroom. The home is currently to the drywall, new drywall has been installed, newer windows, really just need to piece this puzzle back together and reap the benefits. Lets not overlook the sought after location, minutes from Marquette Park, Close to I-55, close to Western Ave and much more! Do not pass on this home as they do not hit the market often with this much potential!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 08/29/2022

RE/MAX Premier

Last Buyer's Agent

Temur Suluashvili

Baird & Warner License #475202643

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • No Heating
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1928

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: 1928
  • Age: 91-100 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: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1098
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 144900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: None
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2298.47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Judical Sales Corporation
Bought by
Irp Reo Ii Llc
Current Estimated Value
$204,867

Purchase Details

Closed on
Oct 15, 2018
Sold by
County Of Cook
Bought by
Jay Alexander Rose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2017
Sold by
Secretary Of Hud
Bought by
County Of Cook and Cook County Land Bark Authority

Purchase Details

Closed on
Feb 18, 2015
Sold by
Deosia Martin Raymond N and Deosia Martin
Bought by
Secretary Of Hud
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
Irp Reo Ii Llc -- Premier Title Company
Jay Alexander Rose Llc -- Attorney
County Of Cook -- Chicago Title
Secretary Of Hud -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Benjamin $240,130
Closed Perez Benjamin $200,000
Previous Owner Jay Alexander Rose Llc $20,000
Previous Owner Jay Alexander Rose Llc $134,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $140,000 -3.4% --
09/21/2022 09/21/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $144,900 -- --
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 $4,324 $18,000 $1,815 $16,185
2023 $4,217 $20,385 $2,904 $17,481
2022 $4,217 $20,385 $2,904 $17,481
2021 $4,099 $20,385 $2,904 $17,481
2020 $2,298 $10,251 $2,904 $7,347
2019 $2,329 $11,519 $2,904 $8,615
2018 $2,290 $11,519 $2,904 $8,615
2017 $1,473 $10,172 $2,541 $7,631
2016 $1,547 $10,172 $2,541 $7,631
2015 $1,393 $10,172 $2,541 $7,631
2014 $1,238 $9,192 $2,359 $6,833
2013 $1,203 $9,192 $2,359 $6,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11616094

Midwest Real Estate Data (MRED)

APN: 19-13-211-017-0000