NOT LISTED FOR SALE

Estimated Value: $1,294,602 - $1,800,000

8 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $1,070,000

Est. 51% increase in value since last sale

Current estimated payment $10,484/month

7 Days on Market

Highlights

  • Landscaped Professionally
  • Detached Garage
  • Property is near a bus stop
  • Mayer Elementary School Rated A-

About This Home

As of September 2020

3-Flat Brownstone in the Heart of Lincoln Park. All 3 Units get great light, have Hardwood Floors and vintage wood trimming throughout. Separate spacious Living and Dining Rooms with many updates that include newer Kitchens and Baths and in-unit Washer/Dryers. Back Porch also newer and a nice private Backyard space. All that Lincoln Park has to offer is just steps away: the building is a short walk to the CTA/El Train, Oz Park, shopping, restaurants/cafes/nightlife, the zoo and lake. Easy to rent makes this a good arm chair investment or, with such a great location, a prime candidate for conversion to a SFH.

Last Agent to Sell the Property

Yvonne Sito

@properties Christie's International Real Estate License #471000608 Listed on: 07/14/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Vikas Wadhwa

Urban Living Properties, LLC License #471008085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,576

Year Built

  • 1890

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Landscaped Professionally
  • Property is near a bus stop

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,576

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1890
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Number Of Rooms: 17
  • Bedrooms All Levels: 8
  • Above Grade Bedrooms: 8

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.07

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 14322200020000

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 3
  • Half Bathsin Building: 1

Tax Info

  • Taxes: 21731.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2023
Sold by
Drankiewicz Kristopher and Drankiewicz Liliana
Bought by
Brep 821 Webster Tax Llc
Current Estimated Value
$1,614,651

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 22, 2020
Sold by
821 Webster Llc
Bought by
Drankiewicz Kristopher C and Macias Liliana
Seller's Agent
Yvonne Sito
@properties Christie's International Real Estate
Buyer's Agent
Vikas Wadhwa
Urban Living Properties, LLC
List Price
$1,200,000
Sold Price
$1,070,000
Premium/Discount to List
-$130,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$749,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2015
Sold by
Sito Michael
Bought by
821 Webster Llc

Purchase Details

Closed on
Jun 8, 2005
Sold by
Stewart Rodney R and Stewart Janice M
Bought by
Sito Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,900
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brep 821 Webster Tax Llc -- None Listed On Document
Drankiewicz Kristopher C $1,070,000 Cambridge Title Company
821 Webster Llc -- Cambridge Title Company
Sito Michael $950,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drankiewicz Kristopher C $749,000
Previous Owner Sito Michael $649,900
Previous Owner Stewart Rodney R $337,000
Previous Owner Stewart Rodney R $279,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $1,070,000 -2.7% --
07/21/2020 07/21/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $1,100,000 -8.3% --
07/14/2020 07/14/20 For Sale $1,200,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $22,576 $180,762 $48,437 $132,325
2023 $22,008 $107,002 $39,063 $67,939
2022 $22,008 $107,002 $39,063 $67,939
2021 $21,517 $107,000 $39,062 $67,938
2020 $22,057 $99,014 $34,375 $64,639
2019 $22,104 $110,016 $34,375 $75,641
2018 $21,732 $110,016 $34,375 $75,641
2017 $20,544 $95,433 $28,125 $67,308
2016 $19,114 $95,433 $28,125 $67,308
2015 $17,488 $95,433 $28,125 $67,308
2014 $12,973 $69,923 $21,875 $48,048
2013 $14,594 $80,241 $21,875 $58,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10780315

Midwest Real Estate Data (MRED)

APN: 14-32-220-002-0000