Seller's Agent in 2016
Marco Cesario
Jameson Commercial
(312) 315-7173
13 Total Sales
8001 S Colfax Ave Chicago, IL 60617
South Chicago Neighborhood
16
Beds
19
Baths
11,000
Sq Ft
6,098
Sq Ft Lot
About This Home
As of September 2016SVN is pleased to present a 19 Unit Multifamily building consisting (16) 1 Bd 1 Ba & (3) Studios. The building was completely gutted with a central boiler serviced annually. New copper plumbing & new electric service. Hot water tank is less than 5 years old. New roof - rubber & silver coated. Newer windows. Porches are to code.
Last Agent to Sell the Property
Jameson Commercial License #475142196 Listed on: 05/23/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,850
Year Built
- Built in 1927
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 11,000 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 19 Bathrooms
Utilities
- No Cooling
- Central Heating
- Radiator
- 200+ Amp Service
- 120/240V
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 19 Units
Building Details
- Electric Expense $885
- Fuel Expense $13,456
- Insurance Expense $3,810
- Maintenance Expense $3,800
- Other Expense $14,704
- Trash Expense $1,620
- Water Sewer Expense $8,850
- Operating Expense $57,875
- Gross Income $13,410
- Net Operating Income $65,815
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 23, 2016
Closed on
Sep 20, 2016
Sold by
Bought by
Seller's Agent
Marco Cesario
Jameson Commercial
Buyer's Agent
Marco Cesario
Jameson Commercial
List Price
$699,500
Sold Price
$625,000
Premium/Discount to List
-$74,500
-10.65%
Purchase Details
Closed on
Mar 9, 2011
Sold by
Bought by
Purchase Details
Closed on
Nov 9, 2007
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
$1,145,000
Interest Rate
0.0627%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 18, 2006
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
$770,000
Interest Rate
0.0645%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 19, 2006
Sold by
Bought by
Purchase Details
Closed on
May 11, 2004
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
$667,500
Interest Rate
0.0637%
Mortgage Type
Construction
Purchase Details
Closed on
May 6, 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
$337,500
Interest Rate
0.06%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 27, 2001
Sold by
Bought by
Purchase Details
Closed on
Jun 8, 2001
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
$792,000
Interest Rate
0.078%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 22, 1996
Sold by
Bought by
Purchase Details
Closed on
Nov 29, 1994
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 |
|---|---|---|---|
| $625,000 | Old Republic National Title | ||
| -- | Cti | ||
| -- | None Available | ||
| $495,000 | None Available | ||
| -- | None Available | ||
| $450,000 | Heritage Title Company | ||
| $450,000 | -- | ||
| -- | -- | ||
| $330,000 | First American Title | ||
| $200,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $1,145,000 | ||
| Previous Owner | $770,000 | ||
| Previous Owner | $667,500 | ||
| Previous Owner | $337,500 | ||
| Previous Owner | $792,000 |
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 |
|---|---|---|---|---|
| 09/20/2016 09/20/16 | Sold | $625,000 | -10.7% | $57 / Sq Ft |
| 09/01/2016 09/01/16 | Pending | -- | -- | -- |
| 05/23/2016 05/23/16 | For Sale | $699,500 | -- | $64 / Sq Ft |
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 | $13,858 | $83,101 | $7,813 | $75,288 |
| 2024 | $13,858 | $83,101 | $7,813 | $75,288 |
| 2023 | $13,509 | $65,680 | $5,625 | $60,055 |
| 2022 | $13,509 | $65,680 | $5,625 | $60,055 |
| 2021 | $13,207 | $65,679 | $5,625 | $60,054 |
| 2020 | $13,019 | $58,440 | $5,625 | $52,815 |
| 2019 | $11,903 | $59,244 | $5,625 | $53,619 |
| 2018 | $10,019 | $50,719 | $5,625 | $45,094 |
| 2017 | $11,111 | $51,615 | $4,687 | $46,928 |
| 2016 | $11,784 | $58,834 | $4,687 | $54,147 |
| 2015 | $10,160 | $55,447 | $4,687 | $50,760 |
| 2014 | $8,850 | $47,699 | $4,687 | $43,012 |
| 2013 | $8,675 | $47,699 | $4,687 | $43,012 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Cesario
-
Jeffrey Baasch
J
Seller Co-Listing Agent in 2016
Jeffrey Baasch
AW Properties Global/Auction Works
(312) 676-1866
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09235418
APN: 21311120010000
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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