NOT LISTED FOR SALE

7305 W Archer Ave Summit Argo, IL 60501

Summit Area
8 Beds
3 Baths
-- Sq Ft
1955 Built

Sale Details

Date Sold: May 14, 2015

Last sale price $195,000

69 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Ceiling Fan
  • Argo Community High School Rated A-
  • Enclosed Patio or Porch
  • Baseboard Heating

About This Home

As of May 2015

Great brick 3 unit building with 2 - 3 bdrm units and 1 - 2 bdrm unit. Big items have been updated boiler 2013, roof 2013, all thermopane windows and new lighting fixtures. Building is clean and ready for your personal touches. Spotless property you won't be disappointed. Bldg minutes from the Metra, bus svc, expressway and stores. Brookfield Zoo, Loyola H and many more close by. AS-IS

Last Agent to Sell the Property

Alejandra Romero

Chicagoland Brokers, Inc. License #475153273 Listed on: 01/08/2015

Chicagoland Brokers, Inc.

Last Buyer's Agent

Marcelo Damian

RE/MAX Mi Casa License #475132162

RE/MAX Mi Casa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,237

Year Built

  • Built in 1955

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Lot Details

  • Lot Dimensions are 26x123
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Listing and Financial Details

  • Senior Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,237

Year Built

Built in 1955

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

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, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 26X123
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3237
  • Tax Year: 2013
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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

Listed on
Jan 8, 2015
Closed on
Apr 13, 2015
Sold by
Bought by
Seller's Agent
Alejandra Romero
Chicagoland Brokers, Inc.
Buyer's Agent
Marcelo Damian
RE/MAX Mi Casa
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
0.0325%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 4, 2014
Sold by
Bought by
Seller's Agent
Mary Ann Dybala
In Realty
Buyer's Agent
Mary Ann Dybala
In Realty
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.95%

Purchase Details

Closed on
Mar 17, 2003
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
$195,000 Cti
$180,000 Attorneys Title Guaranty Fun
-- --
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
Closed $114,000
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 Prior Sale
05/14/2015 05/14/15 Sold $195,000 -11.3% --
03/18/2015 03/18/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $219,900 0.0% --
02/13/2015 02/13/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $219,900 +22.2% --
12/04/2014 12/04/14 Sold $180,000 0.0% -- View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $180,000 -- --
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 $10,751 $32,041 $2,675 $29,366
2024 $10,751 $32,041 $2,675 $29,366
2023 $6,919 $34,000 $2,675 $31,325
2022 $6,919 $19,458 $2,306 $17,152
2021 $6,771 $19,457 $2,306 $17,151
2020 $7,030 $19,457 $2,306 $17,151
2019 $7,389 $19,502 $2,121 $17,381
2018 $7,143 $19,502 $2,121 $17,381
2017 $7,160 $19,502 $2,121 $17,381
2016 $7,311 $15,481 $1,845 $13,636
2015 $7,086 $15,481 $1,845 $13,636
2014 $6,455 $18,813 $1,845 $16,968
2013 $7,863 $19,549 $1,845 $17,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08812152

Midwest Real Estate Data (MRED)
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