NOT LISTED FOR SALE

7548 S Lafayette Ave Chicago, IL 60620

West Chatham Neighborhood
4 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: September 23, 2016

Last sale price $165,000

64 Days on Market

Highlights

  • Waterfront
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of September 2016

This sturdy attractive 4 unit brick building is located just steps from the Dan Ryan expressway, 10 mins. from down town loop,Lake Shore Drive, Shopping & Schools, spacious units,season tenants, one vacancy, Porch 5 yrs walkway & Patio 4 yrs, Boiler (Peerless) 2 yrs, Roof 3 yrs, Hot Water Tank 5 yrs, 72.82 gallons, Glass block windows..This is not a foreclosure or short sale. "Sold In As Is Condition" No Survey, 100% tax proration

Last Agent to Sell the Property

Sharon Harrison

Kale Realty License #475152287 Listed on: 04/18/2016

Kale Realty

Last Buyer's Agent

Jerome Cook

Prime Time Realty Group LLC License #471019594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 41 x161
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storage Shed
  • Waterfront: Yes
  • 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: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 41 X161
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 3791.51
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 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
Apr 18, 2016
Closed on
Sep 7, 2016
Sold by
Bought by
Seller's Agent
Sharon Harrison
Kale Realty
Buyer's Agent
Jerome Cook
Prime Time Realty Group LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,629
Outstanding Balance
$124,347
Interest Rate
1.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2003
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
$185,750
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 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
$144,019
Interest Rate
7.88%
Mortgage Type
FHA
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
$165,000 Chicago Title
-- None Available
$185,000 1St American Title
$145,000 Chicago Title Insurance Co
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 $172,629
Previous Owner $185,750
Previous Owner $144,019
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
09/23/2016 09/23/16 Sold $165,000 0.0% --
06/21/2016 06/21/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $165,000 -- --
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 $5,064 $28,000 $3,220 $24,780
2024 $5,064 $28,000 $3,220 $24,780
2023 $4,936 $24,000 $4,830 $19,170
2022 $4,936 $24,000 $4,830 $19,170
2021 $4,826 $24,000 $4,830 $19,170
2020 $3,909 $17,546 $4,830 $12,716
2019 $3,917 $19,496 $4,830 $14,666
2018 $3,851 $19,496 $4,830 $14,666
2017 $5,482 $25,466 $4,186 $21,280
2016 $5,101 $25,466 $4,186 $21,280
2015 $4,667 $25,466 $4,186 $21,280
2014 $3,792 $20,435 $3,864 $16,571
2013 $3,717 $20,435 $3,864 $16,571
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Harrison

    Kale Realty

    (312) 375-5579

    9 Total Sales

    Sharon Harrison
    Section Image
  • Jerome Cook

    Buyer's Agent in 2016

    Jerome Cook

    Prime Time Realty Group LLC

    (708) 444-1100

    25 Total Sales

    Jerome Cook
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09198015

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60620 West Chatham

7548 S Lafayette Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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