NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: March 23, 2020

Last sale price $495,000

12 Days on Market

Highlights

  • Traditional Architecture
  • Detached Garage
  • Soaking Tub
  • Fenced Yard
  • Enclosed Patio or Porch
  • 4-minute walk to Legion Park

About This Home

As of March 2020

Prestigious Virginia Ave in highly desirable Peterson Park area. Priced below market while property is being staged for Spring market. This is your opportunity to get in before the price goes up! Charming 1920's vintage red brick 2 flat with in-law apt in bsmt. 1st & 2nd floor units are both 7 rooms - 3 bdrms + add'l tandem room (office) - 1 ba. Each unit approx 1450 sf. Hardwood floors throughout. Newer kitchens and baths. All new thermopane windows. Owner occupied 2nd floor. (Market rent ~$1800/mo) Family member was living on 1st floor and was paying $1300/mo. Vacant as of Feb 1st. (Market rent ~$1700/mo) Basement has a cozy 3 room - 1 bdrm - 1 ba in-law unit. Long time tenant pays $700/mo. (Market rent ~$1,000/mo) Currently no leases. All units can be available with 60 days notice to vacate. Building extensively refurbished winter of 2016-17. Well maintained and in great shape. Flood control check valve for watertight bsmt. Newer roof. New commercial hot water tank in Nov 2018. Central boiler (hot water system) regularly maintained with new expansion tank installed Nov 2019. Purrs like a kitten. 2 car garage. LAG is seller.

Last Agent to Sell the Property

Mary Nack

Compass License #471005830 Listed on: 01/10/2020

Compass

Last Buyer's Agent

Tedi Smola

@properties Christie's International Real Estate License #475178548

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1920 | 2016

Lot Details

  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • Soaking Tub
  • Entrance Foyer
  • Storm Screens

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built | Renovated

1920 | 2016

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 3
  • Style Of House: Traditional
  • Zoning Type: MULTI
  • Estimated Year Built: 1920
  • Tax Exemptions: Homeowner, Senior
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 17
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Basement: Full
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 7
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 7
  • Additional Rooms: Enclosed Porch, Foyer

Exterior Features

  • Foundation: Brick
  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Rubber, Flat Roof
  • Exterior Property Features: Brick Paver Patio, Storms/Screens, Outdoor Grill
  • Acreage: 0.08

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X115
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 13013100040000

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 3

Tax Info

  • Taxes: 6314.44

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
Jan 10, 2020
Closed on
Mar 23, 2020
Sold by
Nack Robert and Nack Mary
Bought by
Seller's Agent
Mary Nack
Compass
Buyer's Agent
Tedi Smola
@properties Christie's International Real Estate
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$301,348
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2016
Closed on
Sep 29, 2016
Sold by
Declaration Aronoff Marcia
Bought by
Nack Robert and Nack Mary
Seller's Agent
Louisa McPharlin
Green Chicago Real Estate, LLC
Buyer's Agent
Mary Nack
Compass
List Price
$408,000
Sold Price
$381,500
Premium/Discount to List
-$26,500
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Feb 19, 2004
Sold by
Berenson Aida and Berenson Arthur
Bought by
Declaration Berenson Aida and Aida Berenson Self Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Berenson Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2002
Sold by
Hamester Elizabeth and Hamester Mary
Bought by
The Chicago Trust Company and Trust #1110399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1998
Sold by
Seo Kun Mo and Seo Kum Suk
Bought by
Hamester Elizabeth and Hamester Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.93%
Mortgage Type
Commercial
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
$495,000 Stewart Title Company
Nack Robert $381,500 Chicago Title
Declaration Berenson Aida -- None Available
Berenson Aida -- Chicago Title Land Trust Co
The Chicago Trust Company $449,000 --
Hamester Elizabeth $247,500 --
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 $396,000
Closed Berenson Aida $269,000
Previous Owner The Chicago Trust Company $272,000
Previous Owner Hamester Elizabeth $160,800
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 Prior Sale
03/23/2020 03/23/20 Sold $495,000 0.0% --
01/22/2020 01/22/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $495,000 +29.8% --
10/06/2016 10/06/16 Sold $381,500 -6.5% -- View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $408,000 0.0% --
09/06/2016 09/06/16 Price Changed $408,000 +2.5% --
05/02/2016 05/02/16 Pending -- -- --
04/21/2016 04/21/16 Price Changed $398,000 -4.8% --
04/07/2016 04/07/16 Price Changed $418,000 -6.7% --
03/15/2016 03/15/16 For Sale $448,000 -- --
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 $10,119 $53,000 $13,746 $39,254
2024 $10,119 $53,000 $13,746 $39,254
2023 $10,198 $51,278 $11,140 $40,138
2022 $10,198 $53,000 $11,136 $41,864
2021 $9,989 $53,003 $11,139 $41,864
2020 $7,479 $33,572 $6,612 $26,960
2019 $6,425 $38,150 $6,612 $31,538
2018 $6,314 $38,150 $6,612 $31,538
2017 $7,173 $39,395 $5,916 $33,479
2016 $7,890 $39,395 $5,916 $33,479
2015 $7,219 $39,395 $5,916 $33,479
2014 $6,068 $32,707 $5,220 $27,487
2013 $5,949 $32,707 $5,220 $27,487
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10607266

Midwest Real Estate Data (MRED)
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