NOT LISTED FOR SALE

5748 W Grand Ave Chicago, IL 60639

Belmont Central Neighborhood

Estimated Value: $336,909 - $450,000

4 Beds
1 Bath
1,756 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $295,000 $168 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,318/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Forced Air Heating System

About This Home

As of February 2022

Solid brick 2-flat with a basement. This great multi-unit building has 3 bedrooms, a den, a dining room, a kitchen, and a full bathroom on the first floor. The second level has a bedroom, den, and spacious living room, kitchen, and full bathroom. The full basement has the set up of a studio or additional living space with a den, living room, kitchen and full bath. The basement also has plenty of storage and laundry room. The spacious backyard offers great space for outdoor activities or parking for up to 4 cars-two cars in the garage and two on the car port. This multi-unit is great for a large family or for living in one unit and renting the others.

Last Agent to Sell the Property

Noe Fragoso

Noe Fragoso Properties License #471021560 Listed on: 10/22/2021

Last Buyer's Agent

Arturo Escobar

Keller Williams Thrive License #475151481

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,943

Lot Details

  • 3,136

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Bathroom

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,943

Lot Details

0

Parking

2

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: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 299000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3943
  • Tax Year: 2020
  • 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
Oct 22, 2021
Closed on
Mar 4, 2022
Sold by
Pereda Alicia
Bought by
Orellana Segundo
Seller's Agent
Noe Fragoso
Noe Fragoso Properties
Buyer's Agent
Arturo Escobar
Keller Williams Thrive
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Current Estimated Value
$372,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,477
Avg. Annual Appreciation
6.54%
Original Mortgage
$289,656
Outstanding Balance
$268,409
Interest Rate
3.38%
Estimated Equity
$104,068

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 22, 2022
Sold by
Pereda Alicia
Bought by
Orellana Segundo
Seller's Agent
Noe Fragoso
Noe Fragoso Properties
Buyer's Agent
Arturo Escobar
Keller Williams Thrive
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$268,409
Interest Rate
3.38%
Estimated Equity
$104,068

Purchase Details

Closed on
Aug 30, 2016
Sold by
Pereda Alicia and Pereda Oscar
Bought by
Pereda Alicia

Purchase Details

Closed on
Nov 6, 2014
Sold by
Pereda Alicia
Bought by
Pereda Alicia and Pereda Oscar

Purchase Details

Closed on
Jun 19, 2014
Sold by
Pereda Francisco and Pereda Alicia
Bought by
Pereda Alicia
Source: Public Records

Range of Values:

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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
Orellana Segundo -- --
Orellana Segundo -- --
Pereda Alicia -- None Available
Pereda Alicia -- None Available
Pereda Alicia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Segundo $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $295,000 -1.3% $168 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $299,000 -- $170 / 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 $4,433 $28,001 $5,828 $22,173
2023 $3,618 $21,000 $4,725 $16,275
2022 $3,618 $21,000 $4,725 $16,275
2021 $3,555 $21,000 $4,725 $16,275
2020 $3,942 $20,789 $3,937 $16,852
2019 $4,006 $23,359 $3,937 $19,422
2018 $3,938 $23,359 $3,937 $19,422
2017 $4,017 $22,026 $3,465 $18,561
2016 $3,914 $22,026 $3,465 $18,561
2015 $3,558 $22,026 $3,465 $18,561
2014 $3,090 $19,211 $3,150 $16,061
2013 $3,018 $19,211 $3,150 $16,061
Source: Public Records

Agents Affiliated with this Home

  • Noe Fragoso

    Seller's Agent in 2022

    Noe Fragoso

    Noe Fragoso Properties

    (708) 417-4983

    2 in this area

    317 Total Sales

    Noe Fragoso
    Section Image
  • Arturo Escobar

    Buyer's Agent in 2022

    Arturo Escobar

    Keller Williams Thrive

    (773) 592-6798

    1 in this area

    142 Total Sales

    Arturo Escobar
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11253676

Midwest Real Estate Data (MRED)

APN: 13-32-212-060-0000

Illinois Cook County Chicago 60639 Belmont Central

5748 W Grand Ave, Chicago, IL

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