NOT LISTED FOR SALE
7 Beds
2 Baths
-- Sq Ft
1883 Built

Sale Details

Date Sold: October 28, 2016

Last sale price $27,500

59 Days on Market

About This Home

As of October 2016

VERY LARGE 2 UNIT BUILDING FOR SALE AT A GREAT PRICE. LOCATED ON A NICE BLOCK WITH REHAB IN THE AREA, THIS HAS GREAT POTENTIAL. SOLD AS-IS BUT NOT BANK OWNED. THIS HOME IS BEING OFFERED ONLY WITH 0% TAX PRORATIONS, BUT SELLER WILL PAY ALL 2015 AND PRIOR TAX BILLS. SPECIAL WARRANTY DEED AT CLOSING. SELLER WILL NOT PAY FOR SURVEY OR GIVE ANY CLOSING CREDITS. VACANT AND EASY TO SHOW, GREAT OPPORTUNITY TO BUY

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 07/11/2016

Last Buyer's Agent

Lona Reiling

EXIT Strategy Realty License #475144094

EXIT Strategy Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 25 x 125

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Sewer-Storm
  • Heating: Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2729
  • Tax Year: 2015
  • 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

Closed on
Jul 26, 2023
Sold by
Jdk Acquisitions Llc
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
$260,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2023
Sold by
New Island Development Llc
Bought by
Jdk Acquisitions Llc

Purchase Details

Closed on
Jul 10, 2019
Sold by
Thomas Joseph Richard
Bought by
New Island Development Llc

Purchase Details

Listed on
Jul 11, 2016
Closed on
Oct 26, 2016
Sold by
Wheeler Financial Inc
Bought by
Jorit & Associates
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
Lona Reiling
EXIT Strategy Realty
List Price
$54,500
Sold Price
$27,500
Premium/Discount to List
-$27,000
-49.54%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Orr David D
Bought by
Wheeler Financial Inc

Purchase Details

Closed on
Jun 20, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Gilmore Marquis

Purchase Details

Closed on
Aug 31, 2007
Sold by
Smith Joseph L
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Mar 26, 2003
Sold by
Xez Inc
Bought by
Smith Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2001
Sold by
Centex Home Equity Corp
Bought by
Xez Inc

Purchase Details

Closed on
Jun 8, 2001
Sold by
Douglas Leticia
Bought by
Centex Home Equity Corp

Purchase Details

Closed on
Aug 12, 1998
Sold by
Pace Delores and Lyle Lizzie
Bought by
Douglas Lettica

Purchase Details

Closed on
Dec 10, 1996
Sold by
Preferred Investments Inc
Bought by
Pace Delores and Lyle Lizzie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$100,000 Stewart Title
Jdk Acquisitions Llc $70,000 None Listed On Document
New Island Development Llc $65,000 None Available
Jorit & Associates $27,500 First American Title
Wheeler Financial Inc -- None Available
Gilmore Marquis $53,000 Ticor
Hsbc Bank Usa Na -- None Available
Smith Joseph L $57,000 Exeter Title Company
Xez Inc $25,000 --
Centex Home Equity Corp -- --
Douglas Lettica $31,000 --
Pace Delores $36,000 --
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 $397,000
Closed Hollimon And Walker Development Group Llc $260,000
Previous Owner Smith Joseph L $51,300
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
10/28/2016 10/28/16 Sold $27,500 -11.3% --
09/08/2016 09/08/16 Pending -- -- --
08/29/2016 08/29/16 Price Changed $31,000 -4.6% --
08/23/2016 08/23/16 Price Changed $32,500 -6.5% --
08/15/2016 08/15/16 Price Changed $34,750 -12.6% --
08/08/2016 08/08/16 Price Changed $39,750 -6.5% --
08/01/2016 08/01/16 Price Changed $42,500 -10.5% --
07/25/2016 07/25/16 Price Changed $47,500 -12.8% --
07/11/2016 07/11/16 For Sale $54,500 -- --
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 $1,059 $23,000 $3,660 $19,340
2024 $1,059 $23,000 $3,660 $19,340
2023 $1,028 $5,000 $3,660 $1,340
2022 $1,028 $5,000 $3,660 $1,340
2021 $1,005 $5,000 $3,660 $1,340
2020 $2,800 $12,567 $3,660 $8,907
2019 $2,869 $14,281 $3,660 $10,621
2018 $2,821 $14,281 $3,660 $10,621
2017 $3,207 $14,897 $3,220 $11,677
2016 $2,984 $14,897 $3,220 $11,677
2015 $2,730 $14,897 $3,220 $11,677
2014 $2,321 $12,510 $2,635 $9,875
2013 $2,275 $12,510 $2,635 $9,875
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09282856

Midwest Real Estate Data (MRED)
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