NOT LISTED FOR SALE

6913 S Wabash Ave Chicago, IL 60637

Park Manor Neighborhood

Estimated Value: $243,000

4 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold May 21, 2015

Last sale price $40,500

Est. 500% increase in value since last sale

Current estimated payment $1,327/month

105 Days on Market

About This Home

As of May 2015

WELL KEPT TWO UNIT BUILDING BOTH UNITS RENTED AND READY FOR NEW OWNERS. BUILDING SITS ON 2 LOTS, ONE OF WHICH HAS VERY LITTLE R/E TAX. SITS ON BACK OF LOT IN A VERY QUIET STREET, EXCELLENT RENTAL INCOME. FURNACE AND HOT WATER HEATER ONLY A FEW YEARS OLD. HOME IS BEING SOLD AS-IS. 100% TAX PRORATIONS, NOT BANK OWNED NO SURVEY / PROOF OF FUNDS PLEASE

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 11/26/2014

Last Buyer's Agent

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 11/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1875

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1875

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: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 35500
  • Waterfront: No
  • Exterior Building Type: Frame

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: Lake Michigan

Fee Information

  • Other Expenses $: 4500

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 13500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2030
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2014
Closed on
May 19, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Suttle Terrance A
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
Timothy Gray
The Chicagoland RE Auction Co.
List Price
$42,500
Sold Price
$40,500
Premium/Discount to List
-$2,000
-4.71%
Current Estimated Value
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,500
Avg. Annual Appreciation
21.30%
Original Mortgage
$32,400
Outstanding Balance
$26,865
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$269,135

Purchase Details

Closed on
Jan 28, 2013
Sold by
Wheeler Dealer Ltd
Bought by
Chicago Title Land Trust Co and Trust Number 8002361107

Purchase Details

Closed on
Dec 20, 2006
Sold by
Moore Lanell
Bought by
Wheeler Dealer Ltd
Source: Public Records

Range of Values:

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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
Suttle Terrance A $40,500 Chicago Title Land Trust Co
Chicago Title Land Trust Co -- None Available
Wheeler Dealer Ltd $110,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suttle Terrance A $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $40,500 +14.1% --
03/11/2015 03/11/15 Pending -- -- --
02/23/2015 02/23/15 Price Changed $35,500 -5.3% --
02/16/2015 02/16/15 Price Changed $37,500 -2.6% --
02/10/2015 02/10/15 Price Changed $38,500 -2.5% --
01/29/2015 01/29/15 Price Changed $39,500 -4.8% --
12/17/2014 12/17/14 Price Changed $41,500 -2.4% --
11/26/2014 11/26/14 For Sale $42,500 -- --
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 $151 $718 $718 --
2023 $147 $717 $717 --
2022 $147 $717 $717 $0
2021 $144 $716 $716 $0
2020 $160 $717 $717 $0
2019 $144 $717 $717 $0
2018 $142 $717 $717 $0
2017 $136 $631 $631 $0
2016 $126 $631 $631 $0
2015 $116 $631 $631 $0
2014 $96 $516 $516 $0
2013 -- $516 $516 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gray

    Seller's Agent in 2015

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    1 in this area

    294 Total Sales

    Timothy Gray
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08793168

Midwest Real Estate Data (MRED)

APN: 20-22-313-007-0000

Illinois Cook County Chicago 60637 Park Manor

6913 S Wabash Ave, Chicago, IL

This home is located at 6913 S Wabash Ave, Chicago, IL 60637 since 26 November 2014 and is currently estimated at $243,000. This property was built in 1875. 6913 S Wabash Ave is a home located in Cook County with nearby schools including Brownell Elementary School, Deneen Elementary School, and Chicago Sda Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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