NOT LISTED FOR SALE
8 Beds
2 Baths
-- Sq Ft
1948 Built

Sale Details

Date Sold: June 8, 2022

Last sale price $360,000

15 Days on Market

Highlights

  • Deck
  • Stamped Concrete Patio
  • Outdoor Grill

About This Home

As of June 2022

This stunning historic two-story brick building, located in the Gresham neighborhood that is only 11 miles from downtown Chicago is awaiting a new owner! This property has two apartments that are currently fully leased. The first floor apartment has 3 bedrooms and one bathroom, the second floor has 4 bedrooms and one bathroom. The first floor brings a monthly income of $1,300 and the second floor lease starts at the begging of May 2022 with a lease contract for $1,500 per month. This is perfect opportunity for an investor who desires a steady flow of income! In 2018, both apartments had been completely rehabbed and updated with new floors, modern kitchen cabinets, appliances and, bathrooms. Both apartments have amazing high ceilings and many windows that add more natural light into the space. The basement is unfinished with high ceilings that possibly could be converted to a living quarter. This property has parks nearby, shopping malls, and it is close to major universities, with a good Chicago public transit. There are several options for transit to choose from. All are a walking distance from the property. The Chicago Midway Airport is located approximately 15 minutes away and the O'Hare International Airport is located 40 minutes away.

Last Agent to Sell the Property

Dorota Allen

New Chapter Real Estate License #475201026 Listed on: 04/05/2022

New Chapter Real Estate

Last Buyer's Agent

Tashia Truman

Keller Williams ONEChicago License #475189948

Keller Williams ONEChicago
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1948 | Remodeled in 2018

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Side or Rear Entrance to Parking
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Stamped Concrete Patio
  • Outdoor Grill

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1948 | Remodeled in 2018

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Deck, Stamped Concrete Patio, Outdoor Grill
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway, Rear/Side Entry
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Lot Info

  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2241.86
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 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 5, 2022
Closed on
May 28, 2022
Sold by
Bought by
Seller's Agent
Dorota Allen
New Chapter Real Estate
Buyer's Agent
Tashia Truman
Keller Williams ONEChicago
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$331,375
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 2, 2018
Sold by
Bought by
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Carolyn Barnes
Real People Realty
List Price
$259,000
Sold Price
$254,000
Premium/Discount to List
-$5,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Listed on
Jun 23, 2017
Closed on
Mar 2, 2018
Sold by
Bought by
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Amanda Finegan
Compass
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
991.53%

Purchase Details

Closed on
Jul 8, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Auburn Gresham, IL

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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
$360,000 None Listed On Document
$254,000 Chicago Title
$50,000 Attorneys Title Guaranty Fun
-- Attorney
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 $353,479
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
06/08/2022 06/08/22 Sold $360,000 0.0% --
04/21/2022 04/21/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $360,000 +41.7% --
11/10/2018 11/10/18 Sold $254,000 +2.0% -- View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $249,000 -3.9% --
08/16/2018 08/16/18 For Sale $259,000 +418.0% --
03/05/2018 03/05/18 Sold $50,000 -9.1% -- View Prior Sale
02/09/2018 02/09/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $55,000 0.0% --
01/29/2018 01/29/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $55,000 -17.9% --
01/04/2018 01/04/18 Price Changed $67,000 -9.5% --
12/05/2017 12/05/17 Price Changed $74,000 -7.5% --
10/16/2017 10/16/17 Price Changed $80,000 -8.0% --
09/07/2017 09/07/17 For Sale $87,000 0.0% --
07/29/2017 07/29/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $87,000 -- --
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 $4,220 $23,001 $1,844 $21,157
2024 $4,220 $23,001 $1,844 $21,157
2023 $3,410 $20,000 $2,397 $17,603
2022 $3,410 $20,000 $2,397 $17,603
2021 $3,352 $19,999 $2,396 $17,603
2020 $2,242 $13,166 $2,396 $10,770
2019 $2,317 $14,962 $2,396 $12,566
2018 $2,956 $14,962 $2,396 $12,566
2017 $3,813 $17,715 $2,212 $15,503
2016 $3,548 $17,715 $2,212 $15,503
2015 $3,246 $17,715 $2,212 $15,503
2014 $3,023 $16,295 $2,027 $14,268
2013 $2,964 $16,295 $2,027 $14,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11349999

Midwest Real Estate Data (MRED)
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