NOT LISTED FOR SALE

Estimated Value: $400,000 - $591,000

6 Beds
3 Baths
1,203 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $457,000 $380 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,278/month

27 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Senior Tax Exemptions
  • 2 Car Detached Garage

About This Home

As of October 2021

Situated on a double lot is this lovely 2 unit home with finished basement in Portage Park. Features 2 Bedrooms and 1 Bath on each floor. 1st floor has a third room that can be a Den or Home office. Large Living and Dining rooms, all natural woodwork throughout. Basement is fully finished with an additional 2-Bedrooms and 1-Bath. Recent improvements include updated 1st floor bath, new windows 2019 with transferable warranty, updated electrical and plumbing, new water heater, new front door, insulated crawl space and all new decks and front and back steps. Boiler was just serviced as well and a new reservoir tank was installed.

Last Agent to Sell the Property

Diane Zavala

Compass License #475164376 Listed on: 06/25/2021

Compass

Last Buyer's Agent

James D'Astice

Compass License #475152334

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,637

Lot Details

  • 6,142

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 130
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,637

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: School Bus Service
  • 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: 6
  • Room Type: Enclosed Porch
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 465000
  • Waterfront: No
  • Exterior Building Type: Frame

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
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 50 X 130
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6636.79
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 29, 2021
Sold by
Luna Gladys A and Luna Luis F
Bought by
Fallon Tara M
Seller's Agent
Diane Zavala
Compass
Buyer's Agent
James D'Astice
Compass
List Price
$465,000
Sold Price
$457,000
Premium/Discount to List
-$8,000
-1.72%
Current Estimated Value
$525,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,554
Avg. Annual Appreciation
3.49%
Original Mortgage
$448,722
Outstanding Balance
$409,193
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$116,361

Purchase Details

Closed on
Jul 24, 2019
Sold by
Luna Gladys A and Luna Luis F
Bought by
Luna Gladys A and Luna Luis F

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 27, 2016
Sold by
Velez Raul P and Valez Sonia G
Bought by
Luna Gladys A and Luna Luis F
Seller's Agent
Edgar Guerrero
REMAX Legends
Buyer's Agent
David Fuentes
American International Realty
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$197,450
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
Olszewski Louis J
Bought by
Louis Olszewski Trust

Purchase Details

Closed on
Aug 9, 1995
Sold by
Lasalle National Trust Na
Bought by
Velez Raul P and Velez Sonia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,530
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Fallon Tara M $457,000 Chicago Title Insurance Co
Luna Gladys A -- Chicago Title
Luna Gladys A $359,000 Heritage Title Company
Louis Olszewski Trust -- --
Velez Raul P $173,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Tara M $448,722
Previous Owner Luna Gladys A $197,450
Previous Owner Velez Raul P $169,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $457,000 -1.7% $380 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $465,000 +29.5% $387 / Sq Ft
05/27/2016 05/27/16 Sold $359,000 0.0% $298 / Sq Ft View Prior Sale
03/24/2016 03/24/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $359,000 -- $298 / 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 $6,263 $34,000 $17,497 $16,503
2023 $6,787 $33,000 $16,570 $16,430
2022 $6,787 $33,000 $16,570 $16,430
2021 $3,856 $32,997 $16,568 $16,429
2020 $6,529 $34,893 $7,687 $27,206
2019 $6,637 $39,206 $7,687 $31,519
2018 $3,907 $39,206 $7,687 $31,519
2017 $4,038 $25,508 $6,765 $18,743
2016 $4,609 $25,508 $6,765 $18,743
2015 $4,194 $25,508 $6,765 $18,743
2014 $3,963 $23,928 $6,150 $17,778
2013 $3,874 $23,928 $6,150 $17,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11136027

Midwest Real Estate Data (MRED)

APN: 13-20-214-022-0000