Seller's Agent in 2020
Michael Applegate
Straight-A Realty, LLC
(630) 288-2446
1 in this area
85 Total Sales
7835 S Morgan St Chicago, IL 60620
Auburn Gresham Neighborhood
6
Beds
2
Baths
--
Sq Ft
4,792
Sq Ft Lot
About This Home
As of October 2020Motivated Seller! This over-sized brick 2 unit in Auburn Gresham is one of the largest 2-flats in the entire neighborhood from a square footage perspective! This jumbo 2-flat is 3,272 square feet and includes a sizable unfinished basement! Each unit features 3 bedrooms,1 bathroom, living room and dining room! Auburn Gresham is a rapidly appreciating Chicago-land neighborhood with tons of investment activity! Huge equity upside here! Rehabbed sold comparable brick 2-unit properties within a square mile sold for an average of $322,000 within the past 6 months! This building provides so many options for a new buyer - fix and rent or renovate and flip! After renovated each 3-bedroom unit can rent for up to $1,400 per month! Looking for more cash flow!? - add an additional bedroom to each unit and duplex the first-floor unit with the basement! 1 car brick garage! Located on a great block! Great for a 203k buyer! Live in one unit and let your tenant pay most of your mortgage payment! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!
Last Agent to Sell the Property
Straight-A Realty, LLC License #471020131 Listed on: 05/26/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,457
Year Built
- Built in 1909
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 125 x 25
Parking
- 1 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Porch
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
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
May 26, 2020
Closed on
Oct 13, 2020
Sold by
Bought by
Seller's Agent
Michael Applegate
Straight-A Realty, LLC
Buyer's Agent
Ty Pearson
Keller Williams Preferred Realty
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,064
Interest Rate
0.0299%
Mortgage Type
FHA
Purchase Details
Closed on
May 21, 2019
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
$164,200
Interest Rate
0.041%
Mortgage Type
Construction
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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 |
|---|---|---|---|
| $200,000 | Attorney | ||
| $110,000 | Fidelity National Title |
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 | $9,031 | ||
| Open | $244,064 | ||
| Previous Owner | $164,200 |
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 |
|---|---|---|---|---|
| 10/21/2020 10/21/20 | Sold | $200,000 | -7.0% | -- |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 08/19/2020 08/19/20 | For Sale | $215,000 | 0.0% | -- |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | Price Changed | $215,000 | -10.0% | -- |
| 08/01/2020 08/01/20 | For Sale | $239,000 | 0.0% | -- |
| 06/22/2020 06/22/20 | For Sale | $239,000 | 0.0% | -- |
| 06/19/2020 06/19/20 | Pending | -- | -- | -- |
| 06/13/2020 06/13/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $239,000 | -- | -- |
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 | $3,165 | $18,000 | $2,500 | $15,500 |
| 2024 | $3,165 | $18,000 | $2,500 | $15,500 |
| 2023 | $3,085 | $15,000 | $3,250 | $11,750 |
| 2022 | $3,085 | $15,000 | $3,250 | $11,750 |
| 2021 | $3,016 | $15,000 | $3,250 | $11,750 |
| 2020 | $3,112 | $13,968 | $3,250 | $10,718 |
| 2019 | $2,500 | $15,873 | $3,250 | $12,623 |
| 2018 | $2,457 | $15,873 | $3,250 | $12,623 |
| 2017 | $2,832 | $16,532 | $3,000 | $13,532 |
| 2016 | $2,811 | $16,532 | $3,000 | $13,532 |
| 2015 | $2,549 | $16,532 | $3,000 | $13,532 |
| 2014 | $2,423 | $15,628 | $2,750 | $12,878 |
| 2013 | $2,364 | $15,628 | $2,750 | $12,878 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Applegate
-
Ty Pearson
Buyer's Agent in 2020
Ty Pearson
Keller Williams Preferred Realty
(312) 982-6114
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10724733
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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