NOT LISTED FOR SALE

Estimated Value: $244,000 - $299,000

6 Beds
2 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $225,000

Est. 18% increase in value since last sale

Current estimated payment $1,997/month

28 Days on Market

About This Home

As of November 2023

Both units 3+1. Property needs some TLC, good for investors or live in one & rent the other. Owner financing available. Being sold as-is. Landlord pays for water/sewer/trash. Tenants pay gas/electric***Also see 949 E New York St***

Last Agent to Sell the Property

Arezo Shannon

United Real Estate - Chicago License #475205188 Listed on: 08/29/2023

United Real Estate - Chicago

Last Buyer's Agent

Luis Torres

OnPath Realty Inc. License #475197996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 1910

Lot Details

  • 6,621

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 132.5
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,611

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Schools

  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 50 X 132.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5611.28
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 7, 2023
Sold by
Trust Number 5679 and Chicago Title Land Trust Co
Bought by
Guerrero Dev Llc
Seller's Agent
Arezo Shannon
United Real Estate - Chicago
Buyer's Agent
Luis Torres
OnPath Realty Inc.
List Price
$225,000
Sold Price
$225,000
Total Days on Market
28
Views
76
Current Estimated Value
$264,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,858
Avg. Annual Appreciation
11.02%
Original Mortgage
$180,000
Outstanding Balance
$169,906
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$94,952

Purchase Details

Closed on
Oct 15, 1998
Sold by
Castillo Arnulfo C and Castillo Oralia A
Bought by
Old Second National Bank Trust #5670

Purchase Details

Closed on
Oct 1, 1998
Sold by
Grant Willie Lee and Grant Vivian
Bought by
Castillo Arnulfo C and Castillo Oralia A
Source: Public Records

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Range of Values:

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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
Guerrero Dev Llc $225,000 Chicago Title
Guerrero Dev Llc $225,000 Chicago Title
Old Second National Bank Trust #5670 $71,000 First American Title Ins Co
Castillo Arnulfo C $48,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Dev Llc $180,000
Closed Guerrero Dev Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $225,000 0.0% --
09/27/2023 09/27/23 Pending -- -- --
09/19/2023 09/19/23 Off Market $225,000 -- --
09/18/2023 09/18/23 For Sale $225,000 0.0% --
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $225,000 -18.2% --
08/29/2023 08/29/23 For Sale $275,000 -- --
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
2023 $6,193 $72,301 $7,108 $65,193
2022 $5,839 $65,968 $6,485 $59,483
2021 $5,611 $61,417 $6,038 $55,379
2020 $5,341 $57,047 $5,608 $51,439
2019 $5,295 $54,145 $5,196 $48,949
2018 $4,293 $43,000 $4,806 $38,194
2017 $3,317 $32,228 $4,428 $27,800
2016 $3,694 $34,775 $3,796 $30,979
2015 -- $35,675 $3,264 $32,411
2014 -- $33,066 $3,140 $29,926
2013 -- $33,823 $3,095 $30,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11872523

Midwest Real Estate Data (MRED)

APN: 15-16-409-023