NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
1900 Built

Sale Details

Date Sold: June 2, 2023

Last sale price $120,000

205 Days on Market

About This Home

As of June 2023

Located in the hotter then hot Woodlawn community where inventory is limited this all brick two unit offers a buyer with vision unlimited upside where so much potential awaits! The building has had work started and is currently to the studs, which means this is a blank canvas for an investor with vision! Each unit offers a great footprint, large living rooms in each unit, space for formal dining room, three bedrooms are already roughed out and plumbing has been ran. The basement is unfinished and has access through the first floor which allows for the first floor unit to be potentially duplexed into the basement for a larger first floor unit! Renovate the building, build equity and rent out while creating a passive income flow or move in one unit and rent the other one out, either way this is a win win with huge upside! Woodlawn community is on fire with the Obama library being built not far from this asset, close to Jackson Park, Close to the University of Chicago and much more this community is going to see values continue to rise and this is your opportunity to get in at a value!! There are building violations with the City of Chicago which buyer will be assuming and taking subject to

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 08/06/2022

RE/MAX Premier

Last Buyer's Agent

James Dean Peters

American National Realty LLC License #471016934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1900

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,045

Year Built

Built in 1900

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3045.47
  • Tax Year: 2020

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
Mar 14, 2023
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
$183,650
Interest Rate
0.0571%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2018
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
$162,497
Interest Rate
0.045%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2010
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
$31,000
Interest Rate
0.0453%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2010
Sold by
Bought by

Purchase Details

Closed on
May 19, 2004
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
$138,040
Interest Rate
0.0599%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 1994
Sold by
Bought by
Source: Public Records
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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
$120,000 None Listed On Document
-- Premier Title Company
-- Stewart Title
$65,000 Greater Illinois Title
$50,000 None Available
$31,000 None Available
$26,000 Atgf Inc
-- None Available
-- --
-- --
$70,000 --
-- --
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
Previous Owner $183,650
Previous Owner $162,497
Previous Owner $31,000
Previous Owner $138,040
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
06/02/2023 06/02/23 Sold $120,000 -7.6% --
02/28/2023 02/28/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $129,900 0.0% --
09/12/2022 09/12/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $129,900 -- --
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 $2,752 $24,001 $3,783 $20,218
2024 $2,752 $24,001 $3,783 $20,218
2023 $2,674 $14,930 $3,783 $11,147
2022 $2,674 $14,930 $3,783 $11,147
2021 $2,614 $12,999 $3,782 $9,217
2020 $3,045 $13,671 $3,782 $9,889
2019 $3,121 $15,536 $3,782 $11,754
2018 $3,069 $15,536 $3,782 $11,754
2017 $3,336 $18,872 $3,328 $15,544
2016 $1,189 $6,436 $3,328 $3,108
2015 $2,978 $18,872 $3,328 $15,544
2014 $2,516 $16,128 $2,723 $13,405
2013 $2,455 $16,128 $2,723 $13,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11485218

Midwest Real Estate Data (MRED)
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