Seller's Agent in 2018
Jerome Harper
Keller Williams ONEChicago
(312) 589-0924
3 in this area
53 Total Sales
7531 S Phillips Ave Chicago, IL 60649
South Shore Neighborhood
9
Beds
3
Baths
--
Sq Ft
3,920
Sq Ft Lot
About This Home
As of May 2018Pleased to present 7531 South Phillips Avenue, a multi-family building in Chicago's South Shore community for sale. Each of the units in this brick building has three bedrooms and one bathroom. A complete rehab was completed in 2003 which included: individual furnaces, new copper piping, new electrical wiring and panels, new kitchens, and new separate hot water tanks. This is an excellent property to add to your new or existing portfolio. Third-floor unit is vacant and can rent for $975 or higher.
Last Agent to Sell the Property
Keller Williams ONEChicago License #475177533 Listed on: 04/19/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,238
Year Built
- Built in 1923 | Remodeled in 2003
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 30 x 124
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
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
Apr 19, 2018
Closed on
May 30, 2018
Sold by
Bought by
Seller's Agent
Jerome Harper
Keller Williams ONEChicago
Buyer's Agent
Alan Banks
Empire Property Solutions, LLC
List Price
$259,999
Sold Price
$293,000
Premium/Discount to List
$33,001
12.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,693
Interest Rate
0.0575%
Mortgage Type
FHA
Purchase Details
Closed on
May 15, 2002
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
$204,000
Interest Rate
0.0623%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 3, 2001
Sold by
Bought by
Purchase Details
Closed on
Jun 13, 2001
Sold by
Bought by
Purchase Details
Closed on
Dec 8, 1999
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
$180,000
Interest Rate
0.077%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 1999
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
$180,000
Interest Rate
0.077%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 18, 1999
Sold by
Bought by
Purchase Details
Closed on
May 7, 1999
Sold by
Bought by
Purchase Details
Closed on
Oct 12, 1987
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $293,000 | Old Republic Title | ||
| $255,000 | Multiple | ||
| $75,000 | Chicago Title Insurance Co | ||
| -- | -- | ||
| $200,000 | -- | ||
| $127,500 | -- | ||
| $100,000 | -- | ||
| -- | -- | ||
| $75,000 | -- |
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 |
|---|---|---|---|
| Open | $23,761 | ||
| Closed | $10,054 | ||
| Open | $41,565 | ||
| Open | $287,693 | ||
| Previous Owner | $204,000 | ||
| Previous Owner | $180,000 |
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 |
|---|---|---|---|---|
| 05/30/2018 05/30/18 | Sold | $293,000 | -0.7% | -- |
| 04/20/2018 04/20/18 | Pending | -- | -- | -- |
| 04/20/2018 04/20/18 | Price Changed | $295,000 | +13.5% | -- |
| 04/19/2018 04/19/18 | For Sale | $259,999 | -- | -- |
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 | $3,109 | $32,800 | $3,255 | $29,545 |
| 2024 | $3,109 | $32,800 | $3,255 | $29,545 |
| 2023 | $2,999 | $18,000 | $5,425 | $12,575 |
| 2022 | $2,999 | $18,000 | $5,425 | $12,575 |
| 2021 | $2,950 | $18,000 | $5,425 | $12,575 |
| 2020 | $3,458 | $18,624 | $3,906 | $14,718 |
| 2019 | $3,563 | $21,164 | $3,906 | $17,258 |
| 2018 | $4,181 | $21,164 | $3,906 | $17,258 |
| 2017 | $2,825 | $13,124 | $3,472 | $9,652 |
| 2016 | $3,238 | $16,165 | $3,472 | $12,693 |
| 2015 | $3,553 | $19,389 | $3,472 | $15,917 |
| 2014 | $3,253 | $17,532 | $3,038 | $14,494 |
| 2013 | $3,189 | $17,532 | $3,038 | $14,494 |
Source: Public Records
Agents Affiliated with this Home
-
Jerome Harper
-
Beverly Johnson
Seller Co-Listing Agent in 2018
Beverly Johnson
Vylla Home
(773) 732-8233
3 in this area
44 Total Sales
-
Alan Banks
A
Buyer's Agent in 2018
Alan Banks
Empire Property Solutions, LLC
(708) 205-1345
43 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09921762
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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