NOT LISTED FOR SALE

Estimated Value: $490,000 - $670,000

5 Beds
2 Baths
2,400 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $555,000 $231 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,476/month

3 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Senior Tax Exemptions
  • Taft High School Rated A-
  • Ceiling Fan

About This Home

As of March 2024

This captivating multi-unit property presents a rare opportunity to own a piece of Old Norwood Park's history. Offered for the first time in 70 years, this versatile layout caters to so many diverse buyer profiles. Each unit boasts a charming, sun drenched three-season porch, separate central air conditioning, electric, and gas meters for individual comfort. Recent updates include a new roof and a partially finished basement with new flood control, epoxy flooring, a full bathroom, and ample storage. The expansive basement even offers the potential for additional living space, making this property ideal for families, investors, or anyone seeking a unique and flexible living arrangement. With a generous 50 x 200 foot lot, this gem won't last long. Schedule a private showing before it hits the open market!

Last Agent to Sell the Property

Nicole Hajdu

Baird & Warner License #475130785 Listed on: 02/29/2024

Co-Listed By

Mario Bongiorno

Baird & Warner License #475164389

Last Buyer's Agent

Mary Aloisio

@properties Christie?s International Real Estate License #475168184

@properties Christie?s International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1914

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Norwood Park Elementary School
  • Taft High School

Additional Features

  • Lot Dimensions are 50 x 200
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,105

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 595000
  • Waterfront: No
  • Exterior Building Type: Brick

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

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Norwood Park Elementary School
  • High School: Taft High School
  • Middle/Junior School: Norwood Park Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 50 X 200
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3104.96
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 22, 2024
Sold by
Parkway Bank And Trust Company
Bought by
Gracia Shauntai and Elarde Jonathan J
Seller's Agent
Nicole Hajdu
Baird & Warner
Buyer's Agent
Mary Aloisio
@properties Christie?s International Real Estate
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%
Views
50
Current Estimated Value
$613,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,760
Avg. Annual Appreciation
6.71%
Original Mortgage
$416,250
Outstanding Balance
$410,927
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$202,833

Purchase Details

Closed on
Apr 4, 1997
Sold by
Baran Helen B
Bought by
Parkway Bank & Trust Company and Trust #11613
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
Gracia Shauntai $555,000 None Listed On Document
Parkway Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gracia Shauntai $416,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $555,000 -6.7% $231 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $595,000 -- $248 / 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 $3,087 $68,000 $25,000 $43,000
2023 $3,105 $53,000 $20,000 $33,000
2022 $3,105 $53,000 $20,000 $33,000
2021 $2,956 $53,000 $20,000 $33,000
2020 $11,712 $52,573 $12,500 $40,073
2019 $3,041 $57,773 $12,500 $45,273
2018 $2,995 $57,773 $12,500 $45,273
2017 $3,207 $47,659 $10,000 $37,659
2016 $3,582 $47,659 $10,000 $37,659
2015 $3,443 $50,168 $10,000 $40,168
2014 $3,413 $49,631 $9,000 $40,631
2013 $3,425 $49,631 $9,000 $40,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11967097

Midwest Real Estate Data (MRED)

APN: 13-06-114-002-0000