NOT LISTED FOR SALE

Estimated Value: $281,585 - $340,000

5 Beds
3 Baths
1,073 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $235,000 $219 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,852/month

35 Days on Market

Highlights

  • Additional Residence on Property
  • Property is near a park
  • Sun or Florida Room
  • Gated Community
  • Ranch Style House
  • Tennis Courts

About This Home

As of March 2023

DOUBLE YOUR PLEASURE AND VALUE WITH TWO BEAUTIFUL BUNGALOWS SITUATED ON ONE LOT! THE POSSIBILITIES ARE ENDLESS! RESIDE IN THE HOUSE OF YOUR CHOICE! HAVE A TENANT PAY YOUR MORTGAGE IN THE OTHER! KEEP THE TWO LONG TERM RELIABLE TENANTS AND MANAGE FROM THE COMFORT OF YOUR ARMCHAIR, BRING ON THE EXTENDED FAMILY! THEY'LL LOVE YOU JUST A LITTLE BIT MORE! MAYBE A SEPARATE OFFICE SPACE, ARTIST STUDIO, OR AIRBNB! GORGEOUS SURROUNDING VICINITY WITH ALL HOMES SHOWING PRIDE OF OWNERSHIP! SUN SPLASHED FLOWING FLOOR PLAN! GLEAMING HARDWOOD FLOORS THROUGH OUT! EAT IN KITCHEN WITH LOTS OF PREP SPACE & HUGE PANTRY! SEPARATE FORMAL DINING ROOM! TWO HEATED SUN PORCHES! A TOTAL OF FIVE BEDROOMS, 3 BATHS. TWO PARTIALLY FINISHED BASEMENTS! ATTIC! NEW ROOF AND WINDOWS ON ONE HOUSE! FENCED BACK YARD. ONE BLOCK FROM THE NEW HUBBARD HIGH SCHOOL, PARKS, SHOPPING AND TRANSPORTATION! BECOME A PART OF THE HIGHLY DESIRABLE WEST LAWN COMMUNITY. A NEIGHBORHOOD WITH A SMALL TOWN ATMOSPHERE AND ALL THE EXCITEMENT OF THE BIG CITY!

Last Agent to Sell the Property

Beki Darin

Berkshire Hathaway HomeServices Chicago License #475131835 Listed on: 01/18/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Gerardo Zavala

Luna Realty Group License #471021408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1923 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 30x125
  • Fenced Yard
  • Wood Fence
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sun or Florida Room
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Hubbard High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Additional Residence on Property
  • Property is near a park

Community Details

Recreation

  • Tennis Courts

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,400
  • Gross Income $28,800
  • Net Operating Income $4,400

Additional Features

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,915

Year Built

Built in 1923 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • AttributionContact: (773) 510-0859
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Sun Room
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Outdoor Lighting, Sidewalks, Streetlights, Wood Fence
  • OtherStructures: Second Residence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Frame

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • High School: Hubbard High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Green Features

  • Green Building Verification Type: Other

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 4400
  • Insurance Expense: 2000
  • GrossIncome: 28800
  • Maintenance Expense: 1000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2915.26
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 31, 2023
Sold by
Madrigal Juan
Bought by
Sanchez Jeanette and Marinez Maria
Seller's Agent
Beki Darin
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Gerardo Zavala
Luna Realty Group
List Price
$274,000
Sold Price
$235,000
Premium/Discount to List
-$39,000
-14.23%
Views
75
Current Estimated Value
$300,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,896
Avg. Annual Appreciation
10.05%
Original Mortgage
$176,250
Outstanding Balance
$171,396
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$129,500

Purchase Details

Closed on
Aug 25, 1999
Sold by
Lupancu Vasile and Lupancu Ana
Bought by
Madrigal Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.91%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Haase Linda
Bought by
Lupancu Vasile and Lupancu Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8%
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
Sanchez Jeanette $235,000 None Listed On Document
Madrigal Juan $139,000 Professional National Title
Lupancu Vasile $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jeanette $176,250
Previous Owner Madrigal Juan $125,100
Previous Owner Lupancu Vasile $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $235,000 -14.2% $219 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $274,000 +16.6% $255 / Sq Ft
02/16/2023 02/16/23 Off Market $235,000 -- --
01/18/2023 01/18/23 For Sale $274,000 -- $255 / 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 $3,327 $22,000 $3,024 $18,976
2023 $3,223 $19,000 $3,780 $15,220
2022 $3,223 $19,000 $3,780 $15,220
2021 $3,151 $19,000 $3,780 $15,220
2020 $2,915 $16,104 $3,780 $12,324
2019 $2,965 $18,095 $3,780 $14,315
2018 $2,915 $18,095 $3,780 $14,315
2017 $2,104 $13,084 $3,402 $9,682
2016 $2,134 $13,084 $3,402 $9,682
2015 $1,931 $13,084 $3,402 $9,682
2014 $1,976 $13,135 $3,213 $9,922
2013 $1,926 $13,135 $3,213 $9,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702787

Midwest Real Estate Data (MRED)

APN: 19-15-403-035-0000