NOT LISTED FOR SALE

Estimated Value: $542,000 - $654,000

4 Beds
3 Baths
2,104 Sq Ft
$277/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $430,000 $204 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,214/month

7 Days on Market

Highlights

  • Recreation Room
  • Traditional Architecture
  • Patio
  • Indian Trail Elementary School Rated A
  • 3 Car Detached Garage
  • Baseboard Heating

About This Home

As of January 2024

Attention all investors! This is an exceptional investment opportunity to acquire a premium two-flat duplex on an amazing deep lot (10,735 sq ft of land) minutes away from downtown Highland Park and Highwood! With the potential to rent out both units, live in one while leasing the other, or restore it to a stunning single-family residence, this property opens the door to limitless possibilities. Recent upgrades include a 2 new furnaces and 2 new water heaters installed in 2020. Separate heat and water bills for each unit. The main entrance leads you into the foyer, granting private access to each unit. The main level offers a spacious living room, an eat-in kitchen with enough space for a table, 2 generous sized bedrooms, a full bath, and access to the finished basement providing extra living space with a large rec area, a second full bath and a laundry/utility area. Venturing upstairs, you'll discover the second unit, featuring an equally spacious living area, two inviting bedrooms, a full bath, and an eat-in kitchen equipped with a convenient closet pantry. To top it all off, there's a 3-car detached garage, and a side apron, ensuring ample space for your vehicles and storage needs. Conveniently situated just minutes away from parks, schools, stores, and other amenities, making it a highly desirable location for renters.

Last Agent to Sell the Property

Leslie McDonnell

RE/MAX Suburban License #475124525 Listed on: 11/07/2023

RE/MAX Suburban

Last Buyer's Agent

Erik Gimbel

Keller Williams North Shore West License #475156920

Keller Williams North Shore West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,975

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 214 x 50
  • Chain Link Fence
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Indian Trail Elementary School
  • Edgewood Middle School
  • Highland Park High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Satellite Dish

Additional Features

  • Recreation Room
  • Patio

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,975

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: TV-Dish, CO Detectors
  • Room Type: Kitchen, Recreation Room
  • Basement Description: Partially Finished,Crawl
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • List Price: 418000
  • Lot Features: Chain Link Fence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Indian Trail Elementary School
  • High School: Highland Park High School
  • Middle/Junior School: Edgewood Middle School
  • Middle/Junior School District: 112

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 214 X 50
  • 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: 10974.74
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

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
Nov 7, 2023
Closed on
Dec 15, 2023
Sold by
Graziano J Pasquesi Living Trust
Bought by
Garcia Jorge Blancas
Seller's Agent
Leslie McDonnell
RE/MAX Suburban
Buyer's Agent
Erik Gimbel
Keller Williams North Shore West
List Price
$418,000
Sold Price
$430,000
Premium/Discount to List
$12,000
2.87%
Views
132
Current Estimated Value
$582,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,843
Avg. Annual Appreciation
18.30%
Original Mortgage
$322,500
Outstanding Balance
$306,274
Interest Rate
1.02%
Mortgage Type
New Conventional
Estimated Equity
$276,569

Purchase Details

Closed on
Jan 3, 2022
Sold by
Erminia Carani Pasquesi Trust
Bought by
Graziano J Pasquesi Living Trust

Purchase Details

Closed on
Jun 30, 2011
Sold by
Carani Anna and Anna Carani Trust
Bought by
Pasquesi Erminia Carani and Erminia Carani Pasquesi Trust

Purchase Details

Closed on
May 7, 1998
Sold by
Carani Domenic and Carani Anna
Bought by
Carani Domenic and Carani Anna
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garcia Jorge Blancas $430,000 Chicago Title
Graziano J Pasquesi Living Trust -- Matlin Law Group Pc
Pasquesi Erminia Carani $75,000 None Available
Carani Domenic -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jorge Blancas $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $430,000 +2.9% $204 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $418,000 -- $199 / 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 $13,879 $152,541 $58,970 $93,571
2023 $10,975 $158,213 $53,155 $105,058
2022 $10,975 $121,870 $58,394 $63,476
2021 $10,126 $117,806 $56,447 $61,359
2020 $9,798 $117,806 $56,447 $61,359
2019 $9,466 $117,255 $56,183 $61,072
2018 $9,629 $126,381 $61,889 $64,492
2017 $9,480 $125,652 $61,532 $64,120
2016 $9,151 $119,623 $58,580 $61,043
2015 $8,886 $111,143 $54,427 $56,716
2014 $8,532 $104,206 $52,869 $51,337
2012 $8,289 $104,813 $53,177 $51,636
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11925053

Midwest Real Estate Data (MRED)

APN: 16-23-101-021