NOT LISTED FOR SALE

5969 W Augusta Blvd Chicago, IL 60651

Austin Neighborhood

Estimated Value: $264,000 - $308,964

5 Beds
3 Baths
2,302 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $247,000 $107 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,923/month

7 Days on Market

About This Home

As of May 2024

Welcome to an incredible real estate opportunity on the edge of the Austin community, bordering Oak Park! Take advantage of the property's existing two units and envision the possibilities with a potential third unit in the basement where the groundwork is already laid with a front & rear entrance and a bathroom in place, offering versatility and added value. The rear of the property is generously sized, providing ample room for up to 6 cars. A rare find in the neighborhood, this feature ensures convenient and stress-free parking for residents. Each unit comes equipped with its own heating system. This building is being offered "As Is" in its current condition, providing an opportunity for customization and improvement. Perfect for those looking to put their personal touch on a space. Enjoy the perks of being close to public transportation, ensuring easy connectivity and accessibility for your daily commute and leisure. Please be aware that the building will not pass FHA requirements and is in need of some repair. Whether you're an investor seeking a promising venture or a future homeowner looking for a unique residence, this multi-unit property has something special to offer! Schedule your showing today!!

Last Agent to Sell the Property

Niquita Richardson

CARMARC Realty Group License #475183423 Listed on: 01/02/2024

CARMARC Realty Group

Last Buyer's Agent

Erick Matos

Realty of America, LLC License #475154198

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1878

Lot Details

  • 3,006

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Space is Owned

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,319

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1878
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • 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: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 255000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • OpenParkingSpaces: 6
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3000
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4319
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 1, 2024
Sold by
Cunningham Jeanais and Porche Erik
Bought by
Estrada Otoniel
Seller's Agent
Niquita Richardson
CARMARC Realty Group
Buyer's Agent
Erick Matos
Realty of America, LLC
List Price
$269,000
Sold Price
$247,000
Premium/Discount to List
-$22,000
-8.18%
Views
75
Current Estimated Value
$285,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,241
Avg. Annual Appreciation
9.73%
Original Mortgage
$185,250
Outstanding Balance
$183,802
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$94,103
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Estrada Otoniel $247,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Otoniel $185,250
Previous Owner Porche Henry $217,500
Previous Owner Porche Henry $195,500
Previous Owner Porche Henry $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $247,000 -3.1% $107 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $255,000 -5.2% $111 / Sq Ft
01/02/2024 01/02/24 For Sale $269,000 -- $117 / 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 $4,431 $27,000 $3,600 $23,400
2023 $4,319 $21,000 $2,850 $18,150
2022 $4,319 $21,000 $2,850 $18,150
2021 $4,223 $21,000 $2,850 $18,150
2020 $1,586 $18,648 $2,550 $16,098
2019 $1,581 $20,721 $2,550 $18,171
2018 $1,557 $20,721 $2,550 $18,171
2017 $1,667 $18,209 $2,250 $15,959
2016 $1,571 $18,209 $2,250 $15,959
2015 $2,856 $18,209 $2,250 $15,959
2014 $2,377 $15,380 $2,100 $13,280
2013 $2,797 $15,380 $2,100 $13,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11953301

Midwest Real Estate Data (MRED)

APN: 16-05-416-001-0000