NOT LISTED FOR SALE

Estimated Value: $410,000 - $487,000

3 Beds
2 Baths
1,505 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $404,000 $268 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,818/month

3 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Garden Bath
  • William Howard Taft High School Rated A-
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of June 2024

Bright, clean, and spacious 2BR/1B Gladstone Park apartment waiting for you to make it your home. This first-floor apartment in an owner-occupied building offers central air conditioning, fresh paint, and newly refinished hardwood floors. Ample outdoor space includes a rear patio and front porch, perfect for enjoying nice weather on this quiet residential block. The kitchen features brand new appliances, and the bathroom has been redone with new finishes. This building is meticulously cared for and conveniently located less than a half mile from the Gladstone Park station (Metra UP-NW), an easy 25 minute ride to the heart of downtown. Those commuting by car will find easy street parking and I-90 less than a mile away, with a typical drive of less than 10 minutes to O'Hare airport.

Heat, water, and cooking gas included in rent. Tenant pays electric. Free shared laundry located in the basement. Applicants subject to income verification and credit/background check. $60 application fee per applicant. Refundable security deposit required.

Last Agent to Sell the Property

Sam Shaffer

Chicago Properties Firm License #471017780 Listed on: 05/21/2024

Co-Listed By

Ann Brown

Chicago Properties Firm License #471019137

Last Buyer's Agent

Joe Wilcox

The Wilcox Company License #471000487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 30x124
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Hitch Elementary School
  • William Howard Taft High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,319

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • Elementary School: Hitch Elementary School
  • High School: William Howard Taft High School

Lot Info

  • Lot Dimensions: 30X124
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5319.16
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 15, 2024
Sold by
Wallace Family Trust and Engelmann Nancy L
Bought by
Butler Collin
Seller's Agent
Sam Shaffer
Chicago Properties Firm
Buyer's Agent
Joe Wilcox
The Wilcox Company
List Price
$379,000
Sold Price
$404,000
Premium/Discount to List
$25,000
6.6%
Views
18
Current Estimated Value
$450,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,934
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Jan 22, 2015
Sold by
Wallace George M and Wallace Barbara A
Bought by
Wallace Family Trust
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
Butler Collin $404,000 Citywide Title
Wallace Family Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 For Rent $1,500 0.0% --
06/18/2024 06/18/24 Sold $404,000 +6.6% $268 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $379,000 -- $252 / 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 $5,496 $40,000 $9,300 $30,700
2023 $5,319 $32,000 $7,440 $24,560
2022 $5,319 $32,000 $7,440 $24,560
2021 $5,233 $32,003 $7,443 $24,560
2020 $5,203 $28,928 $5,022 $23,906
2019 $3,609 $32,143 $5,022 $27,121
2018 $3,555 $32,143 $5,022 $27,121
2017 $3,806 $29,345 $4,464 $24,881
2016 $4,171 $29,345 $4,464 $24,881
2015 $4,009 $29,345 $4,464 $24,881
2014 $3,975 $26,426 $4,092 $22,334
2013 -- $26,426 $4,092 $22,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12061768

Midwest Real Estate Data (MRED)

APN: 13-05-416-023-0000