Seller's Agent in 2022
David Mishel
Compass
(773) 936-2714
1 in this area
145 Total Sales
7418 S Lafayette Ave Chicago, IL 60621
Englewood NeighborhoodEstimated Value: $193,000 - $361,000
5
Beds
2
Baths
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Patio
- 5-minute walk to Memorial Park
- Soaking Tub
About This Home
As of May 2022Beautiful (((LEGAL 2 UNIT))) that was fully renovated in 2016. The building features 2 great rental units. The TOP FLOOR is a 3 bed 1 bath that gets $1,500 for rent and the FIRST FLOOR is a 2 bed 1 bath that gets $1,000 for rent. The building features beautiful hardwood floors, newer kitchens, newer bathrooms. Beautiful ceramic floors, newer windows throughout the entire building. Your tenants will enjoy the IN-UNIT WASH & DRYER that is shared for the building. Both units have their own separate furnace and air conditioning units. Finally, everyone will be able to enjoy the large WELL LANDSCAPED FULLY FENCED IN BACKYARD and the large 2.5 car garage with a great party door. There is also a carport and parking for several cars. This multi-unit will not disappoint!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,807
Year Built
- Built in 1959 | Remodeled in 2016
Lot Details
- 5,663
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
- Soaking Tub
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
Additional Features
- Patio
- 5,663 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,350
- Water Sewer Expense $1,200
- Net Operating Income $27,450
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2021
Closed on
Apr 11, 2022
Sold by
Kuhnenz Jessica
Bought by
Harris Tanya Mukes
Seller's Agent
David Mishel
Compass
Buyer's Agent
Chanee Roby
Coldwell Banker Realty
List Price
$324,900
Sold Price
$261,000
Premium/Discount to List
-$63,900
-19.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,197
Avg. Annual Appreciation
0.68%
Original Mortgage
$256,272
Outstanding Balance
$241,950
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$25,247
Purchase Details
Closed on
May 25, 2017
Sold by
Thomas Mate M
Bought by
Kuhnen Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 13, 2013
Sold by
Price David L
Bought by
Hsbc Bank Usa Na
Purchase Details
Closed on
Sep 29, 2006
Sold by
Price David
Bought by
Price David
Purchase Details
Closed on
Aug 26, 2003
Sold by
Suburban Bank & Trust Co
Bought by
Price David
Purchase Details
Closed on
Dec 22, 2001
Sold by
Price David L
Bought by
Suburban Bank & Trust Company and Trust #74-3124
Purchase Details
Closed on
Mar 12, 1998
Sold by
Hunt Kenneth L and Hunt Kim R
Bought by
Price David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,350
Interest Rate
7.19%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harris Tanya Mukes | $261,000 | Saturn Title | |
| Kuhnen Jessica | $170,000 | Stewart Title | |
| Hsbc Bank Usa Na | -- | None Available | |
| Price David | $185,000 | Ticor Title Insurance | |
| Price David | -- | Ticor Title | |
| Suburban Bank & Trust Company | -- | -- | |
| Price David L | $112,000 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harris Tanya Mukes | $256,272 | |
| Previous Owner | Kuhnen Jessica | $166,920 | |
| Previous Owner | Price David L | $115,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $261,000 | -19.7% | -- | |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- | |
| 11/16/2021 11/16/21 | For Sale | $324,900 | +828.3% | -- | |
| 11/26/2015 11/26/15 | Sold | $35,000 | 0.0% | -- | View Prior Sale |
| 08/24/2015 08/24/15 | Off Market | $35,000 | -- | -- | |
| 08/21/2015 08/21/15 | For Sale | $49,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,160 | $25,001 | $2,935 | $22,066 |
| 2023 | $1,131 | $5,501 | $2,942 | $2,559 |
| 2022 | $1,131 | $5,501 | $2,942 | $2,559 |
| 2021 | $1,106 | $5,498 | $2,940 | $2,558 |
| 2020 | $2,807 | $12,599 | $4,401 | $8,198 |
| 2019 | $2,752 | $13,695 | $4,401 | $9,294 |
| 2018 | $2,705 | $13,695 | $4,401 | $9,294 |
| 2017 | $2,392 | $11,114 | $3,814 | $7,300 |
| 2016 | $2,226 | $11,114 | $3,814 | $7,300 |
| 2015 | $2,037 | $11,114 | $3,814 | $7,300 |
| 2014 | $2,184 | $11,772 | $3,521 | $8,251 |
| 2013 | $2,141 | $11,772 | $3,521 | $8,251 |
Source: Public Records
Agents Affiliated with this Home
-
David Mishel
-
Chanee Roby
Buyer's Agent in 2022
Chanee Roby
Coldwell Banker Realty
(773) 456-9024
4 in this area
81 Total Sales
-
Alan St. Leger
A
Seller's Agent in 2015
Alan St. Leger
Exit Infinity Realty
(773) 683-2020
1 Total Sale
-
Joyce Thomas
Buyer's Agent in 2015
Joyce Thomas
PRECISE HOMES
(708) 737-3887
1 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11271145
APN: 20-28-228-025-0000
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