NOT LISTED FOR SALE
7 Beds
2 Baths
-- Sq Ft
1912 Built

Sale Details

Date Sold: May 20, 2022

Last sale price $331,500

1 Day on Market

Highlights

  • Gated Community
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Property is near park

About This Home

As of May 2022

Amazing two unit in the up and coming area of Woodlawn. The building was updated with new electrical, copper pluming, tuck pointing, windows, newly sanded floors, and a HVAC system. As well as, two water heaters for both of the units. The building has recently been renovated with a sharp clean look. All the units have huge rooms and tall ceilings. UNIT 1/BASEMENT: This unit features 3 bedrooms, 1 bathroom, kitchen, and living room. The basement has 2 bedrooms and 1 bath. The first floor has a possibility of being turned into a duplex to the partially finished basement or turning it into a 3rd unit as the basement has its own entrance and exit. UNIT 2: this unit has a 4 bedroom, 1 bathroom, living room, and kitchen with a balcony. Endless opportunity for this building as it is very close to the University of Chicago's college and hospital. The building conveniently has grocery stores, parks, and the blue line train right down the street. Perfect to buy and rent out as an investment or live in one unit and rent out the others.

Last Agent to Sell the Property

Yamil Pena

Smart Home Realty License #475197813 Listed on: 03/14/2022

Last Buyer's Agent

Peter Drossos

Peter Drossos Real Estate License #471010251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1912 | Remodeled in 2008

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125
  • Property is near park

Community Details

Overview

  • 2 Units
  • 2 Flat

Additional Features

  • Gross Income $15,600
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Year Built

Built in 1912 | Remodeled in 2008

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks

Lot Info

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

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 15600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3686.65
  • Tax Year: 2020
  • Tax Exemptions: None

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
Mar 14, 2022
Closed on
May 18, 2022
Sold by
Bought by
Seller's Agent
Yamil Pena
Smart Home Realty
Buyer's Agent
Peter Drossos
Peter Drossos Real Estate
List Price
$350,000
Sold Price
$331,500
Premium/Discount to List
-$18,500
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,625
Interest Rate
0.0499%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,800
Interest Rate
0.0769%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1996
Sold by
Bought by
Source: Public Records
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
$331,500 Truly Title
-- None Available
$33,000 Pt
-- None Available
$344,000 Stewart Title Of Illinois
$197,000 First American Title Ins Co
$187,500 First American Title
-- --
$45,000 --
-- --
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 $248,625
Previous Owner $326,800
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
05/20/2022 05/20/22 Sold $331,500 -5.3% --
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $350,000 -- --
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 $2,247 $23,155 $4,500 $18,655
2024 $2,247 $23,155 $4,500 $18,655
2023 $2,182 $10,611 $4,500 $6,111
2022 $2,182 $10,611 $4,500 $6,111
2021 $2,134 $10,611 $4,500 $6,111
2020 $2,664 $11,959 $4,500 $7,459
2019 $2,730 $13,590 $4,500 $9,090
2018 $2,684 $13,590 $4,500 $9,090
2017 $3,552 $16,501 $3,960 $12,541
2016 $3,672 $18,335 $3,960 $14,375
2015 $3,360 $18,335 $3,960 $14,375
2014 $3,079 $16,593 $3,240 $13,353
2013 $3,018 $16,593 $3,240 $13,353
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11346965

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.