NOT LISTED FOR SALE

6029 S Archer Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $492,000 - $549,000

6 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: May 3, 2022

Last sale price $470,000

Est. 10% increase in value since last sale

Current estimated payment $3,174 / mo

24 Days on Market

About This Home

As of May 2022

ARE YOU READY FOR YOUR NEW HOME ? HERE IS AN OPPORTUNITY TO OWN A HOME AND ALSO HAVE A INVESTMENT PROPERTY ALL IN ONE FOR A PRICE OF ONE. BUILDING IS COMPLETELY FINISHED. 1st FLOOR FEATURES 2 BEDROOMS 1 BATH WITH A HUGE OPEN KITCHEN DINING LIVING ROOM AREA 2nd FLOOR FEATURES 3 BEDROOMS 1 BATH 1 HALF BATH. BASEMENT HAS BEEN FINISHED AND OFFERS MANY OPTIONS AS WELL. EACH FLOOR HAS WASHER AND DRYER SET UP. BUILDING IS ZONED c1-1 (MIXED USE) SO YOU CAN USE THE FIRST FLOOR TO RUN YOUR OWN BUSINESS SEVERAL PARKING SPOTS IN THE BACK. THIS IS A VERY RARE OPPORTUNITY SO FEEL FREE TO SCHEDULE YOUR SHOWING TODAY SO YOU DONT MISS OUT. SOLD AS-IS SELLER IS A ILLINOIS LICENSED REAL ESTATE BROKER

Last Agent to Sell the Property

Mariusz Bobak

NowEquity Real Estate License #475176843 Listed on: 02/17/2022

NowEquity Real Estate

Last Buyer's Agent

Jenny Lima

RE/MAX 10 License #475139088

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1921 | Remodeled in 2019

Lot Details

  • 3,485

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,389

Year Built

Built in 1921 | Remodeled in 2019

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3746
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4389.25
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 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
Feb 17, 2022
Closed on
May 1, 2022
Sold by
Bought by
Seller's Agent
Mariusz Bobak
NowEquity Real Estate
Buyer's Agent
Jenny Lima
RE/MAX 10
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$515,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,758
Avg. Annual Appreciation
2.28%
Original Mortgage
$454,313
Outstanding Balance
$424,567
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$91,191

Purchase Details

Closed on
Sep 5, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$470,000 Old Republic Title
$150,000 Stewart Title
-- None Available
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 $454,313
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
05/03/2022 05/03/22 Sold $470,000 -6.0% --
03/14/2022 03/14/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $499,900 -- --
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 $4,853 $46,000 $5,244 $40,756
2024 $4,853 $46,000 $5,244 $40,756
2023 $4,730 $23,001 $4,683 $18,318
2022 $4,730 $23,001 $4,683 $18,318
2021 $4,625 $22,999 $4,682 $18,317
2020 $4,389 $19,703 $3,746 $15,957
2019 $4,498 $22,390 $3,746 $18,644
2018 $4,423 $22,390 $3,746 $18,644
2017 $4,243 $23,085 $3,371 $19,714
2016 $4,624 $23,085 $3,371 $19,714
2015 $3,121 $23,085 $3,371 $19,714
2014 $3,094 $21,581 $3,184 $18,397
2013 $3,105 $21,581 $3,184 $18,397
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mariusz Bobak

    NowEquity Real Estate

    3 in this area

    19 Total Sales

    Mariusz Bobak
    Section Image
  • Jenny Lima

    Buyer's Agent in 2022

    Jenny Lima

    RE/MAX

    (773) 510-4938

    7 in this area

    117 Total Sales

    Jenny Lima
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11326590

Midwest Real Estate Data (MRED)

APN: 19-08-425-003-0000

Illinois Cook County Chicago 60638 Garfield Ridge

6029 S Archer Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.