NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1975 Built

Sale Details

Date Sold: September 19, 2019

Last sale price $423,000

141 Days on Market

Highlights

  • Community Pool
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Balcony
  • Heating System Uses Steam
  • 5-minute walk to Memorial Park

About This Home

As of September 2019

MUST SEE!!! SOLID WELL MAINTAINED BRICK 4 UNIT BUILDING IN LAKE LOUISE. EACH UNIT HAS 2 BEDROOMS AND 1 BATH. THERE IS A COIN LAUNDRY IN BUILDING, WITH PARKING AND STORAGE. TENANTS PAY ELECTRIC. IT IS FULLY OCCUPIED WITH LONG TERM TENANTS. BASEMENT HAS ADDITIONAL ROOMS WITH FIREPLACE. CLOSE TO EVERYTHING, SHOPPING, SCHOOLS, and Restaurants.

Last Agent to Sell the Property

Ken LaCombe

Chicagoland Brokers, Inc License #475132762 Listed on: 03/10/2019

Chicagoland Brokers, Inc

Last Buyer's Agent

Richard Sanchez

Classic Realty Group Prestige License #475124765

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,173

Year Built

  • Built in 1975

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony

Lot Details

  • Lot Dimensions are 55x47
  • Paved or Partially Paved Lot

Schools

  • H L Richards High School (Campus

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Lake Louise Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,173

Year Built

Built in 1975

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: LAKE LOUISE
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 3700

Schools

  • High School: H L RICHARDS HIGH SCHOOL (CAMPUS

Lot Info

  • Lot Dimensions: 55X47
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 9173
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2019
Closed on
Sep 19, 2019
Sold by
Pearson Richard and Pearson Julia
Bought by
Seller's Agent
Ken LaCombe
Chicagoland Brokers, Inc
Buyer's Agent
Richard Sanchez
Classic Realty Group Prestige
List Price
$459,900
Sold Price
$423,000
Premium/Discount to List
-$36,900
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,094
Outstanding Balance
$370,929
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$423,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $432,094
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $423,000 -3.8% --
07/29/2019 07/29/19 Pending -- -- --
07/20/2019 07/20/19 Price Changed $439,900 -4.3% --
05/01/2019 05/01/19 For Sale $459,900 0.0% --
04/14/2019 04/14/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $459,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,820 $54,000 $5,555 $48,445
2024 $14,820 $54,000 $5,555 $48,445
2023 $10,003 $54,000 $5,555 $48,445
2022 $10,003 $41,303 $4,804 $36,499
2021 $13,321 $41,302 $4,804 $36,498
2020 $14,430 $41,302 $4,804 $36,498
2019 $11,740 $31,931 $4,353 $27,578
2018 $11,193 $31,931 $4,353 $27,578
2017 $9,174 $31,931 $4,353 $27,578
2016 $8,997 $27,977 $3,603 $24,374
2015 $8,785 $27,977 $3,603 $24,374
2014 $10,314 $27,977 $3,603 $24,374
2013 $7,783 $27,723 $3,603 $24,120
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10303218

Midwest Real Estate Data (MRED)
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