NOT LISTED FOR SALE

6101 S Kilpatrick Ave Chicago, IL 60629

West Lawn Neighborhood

Estimated Value: $317,868 - $361,000

5 Beds
2 Baths
1,141 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $185,000 $162 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,056/month

32 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Fenced Yard
  • Baseboard Heating

About This Home

As of September 2014

CORNER BRICK TWO FLAT WITH BRICK 2 CAR GARAGE EXCELLENT LOCATION-CLOSE TO TRANSPORTATION AND 1 BLOCK TO MIDWAY AIRPORT. SEPARATE HEAT AND ELECTRIC, 2 BEDROOMS ON FIRST FLOOR 3 BEDROOMS ON 2ND FLOOR, NEEDS A LITTLE TLC, BUT GREAT LOCATION, FAST APPRECIATING AREA. AS-IS

Last Agent to Sell the Property

Rafael Alvarado

Shield Real Estate License #471015563 Listed on: 06/22/2014

Last Buyer's Agent

Jessica Barrera

NB ELITE REALTY LLC License #471018104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 25x125
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,862

Year Built

Built in 1960

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: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 199900
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • 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, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 4862

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 19138
  • GrossIncome: 24000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2862
  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2014
Closed on
Sep 16, 2014
Sold by
Kim Steven C and Kim Jiyoung
Bought by
Jacinto Francisco J and Jacinto Anabel
Seller's Agent
Rafael Alvarado
Shield Real Estate
Buyer's Agent
Jessica Barrera
NB ELITE REALTY LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$339,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,217
Avg. Annual Appreciation
5.60%
Original Mortgage
$175,750
Outstanding Balance
$135,682
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$203,535

Purchase Details

Closed on
Aug 30, 2000
Sold by
Cole Taylor Bank
Bought by
Kim Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
7.98%
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
Jacinto Francisco J $185,000 Attorneys Title Guaranty Fun
Kim Steven C $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacinto Francisco J $175,750
Previous Owner Kim Steven C $159,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $185,000 -7.5% $162 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $199,900 +8.1% $175 / Sq Ft
07/09/2014 07/09/14 Off Market $185,000 -- --
06/22/2014 06/22/14 For Sale $199,900 -- $175 / 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 $25,000 $3,024 $21,976
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 $3,473 $18,593 $3,780 $14,813
2019 $3,531 $20,892 $3,780 $17,112
2018 $3,471 $20,892 $3,780 $17,112
2017 $3,277 $18,500 $3,402 $15,098
2016 $3,226 $18,500 $3,402 $15,098
2015 $2,931 $18,500 $3,402 $15,098
2014 $2,958 $15,821 $3,213 $12,608
2013 $2,901 $15,821 $3,213 $12,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08652498

Midwest Real Estate Data (MRED)

APN: 19-15-317-040-0000