NOT LISTED FOR SALE

847 N Massasoit Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $258,000 - $371,000

4 Beds
2 Baths
1,212 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2023

Last sale price $249,900 $206 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,893 / mo

3 Days on Market

About This Home

As of March 2023

*******************Well Maintained Brick 2 Unit***************** Excellent investment opportunity in the Austin area. Invest hold or owner occupant to yield passive rental income. The covered wrap around porch offers both street views and a nice secluded area with a private side entrance to the first floor unit. This a great place to relax after a long day of working. Each unit features original hardwood flooring, separate Living and Dining room areas, 2 bedrooms and 1 bath. Enclosed back porch, full unfinished basement with ample space for storage and the potential to create additional living space.There's a large fenced in backyard which would be great for having those private family events. Come bring your creative ideas to update this gem.

Last Agent to Sell the Property

Nicole Smith

Coldwell Banker Realty License #475116430 Listed on: 02/07/2023

Coldwell Banker Realty

Last Buyer's Agent

Lisa Magidson

North Clybourn Group, Inc. License #475159453

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1917

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1917

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3217.24
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 8, 2023
Sold by
Simmons Betty
Bought by
Alvarez Diana
Seller's Agent
Nicole Smith
Coldwell Banker Realty
Buyer's Agent
Lisa Magidson
North Clybourn Group, Inc.
List Price
$245,900
Sold Price
$249,900
Premium/Discount to List
$4,000
1.63%
Views
44
Current Estimated Value
$304,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,258
Avg. Annual Appreciation
6.46%
Original Mortgage
$245,373
Outstanding Balance
$236,936
Interest Rate
6.38%
Mortgage Type
FHA
Estimated Equity
$67,222

Purchase Details

Closed on
Jun 5, 2021
Sold by
Simmons Betty
Bought by
Simmons Betty and Simmons Franklin
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarez Diana $250,000 --
Simmons Betty -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Diana $245,373
Closed Alvarez Diana $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $249,900 +1.6% $206 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $245,900 -- $203 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,376 $21,000 $5,250 $15,750
2024 $3,376 $21,000 $5,250 $15,750
2023 $3,291 $16,000 $4,156 $11,844
2022 $3,291 $16,000 $4,156 $11,844
2021 $3,217 $15,999 $4,156 $11,843
2020 $3,217 $14,440 $3,718 $10,722
2019 $1,983 $16,045 $3,718 $12,327
2018 $1,948 $16,045 $3,718 $12,327
2017 $0 $14,820 $3,281 $11,539
2016 $229 $14,820 $3,281 $11,539
2015 $220 $14,820 $3,281 $11,539
2014 $218 $13,027 $3,062 $9,965
2013 $219 $13,027 $3,062 $9,965
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714126

Midwest Real Estate Data (MRED)

APN: 16-05-429-004-0000

Your Personal Tour Guide

Ask me questions while you tour the home.