NOT LISTED FOR SALE

848 N Latrobe Ave Chicago, IL 60651

Austin Neighborhood

Estimated Value: $267,000 - $361,000

4 Beds
2 Baths
-- Sq Ft
3,528 Sq Ft Lot

Last Sold February 24, 2020

Last sale price $45,000

Est. 595% increase in value since last sale

Current estimated payment $2,066/month

144 Days on Market

About This Home

As of February 2020

GREAT INVESTMENT PROPERTY / SPACIOUS 2 UNIT BUILDING WITH A LOT OF POTENTIAL / BEING SOLD IN AS IS CONDITION / NO SURVEY NOR DISCLOSURES / TAXES PRO PRORATED AT 100% / EARNEST MONEY MUST BE CERTIFICATE FUNDS / SEE AGENT REMARKS FOR OFFER SUBMISSION INSTRUCTIONS

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 09/14/2019

Last Buyer's Agent

Anais Barraza

Kale Realty License #475161863

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 3,528

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1897
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 55900
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3528
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2871
  • Tax Year: 2017

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
Sep 14, 2019
Closed on
Feb 19, 2020
Sold by
Per Square Foot Llc
Bought by
Urgiles Wilmer and Urgiles Diana
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Anais Barraza
Kale Realty
List Price
$55,900
Sold Price
$45,000
Premium/Discount to List
-$10,900
-19.5%
Current Estimated Value
$312,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,555
Avg. Annual Appreciation
40.92%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Hsbc Bank Usa Na
Bought by
Per Square Foot Llc

Purchase Details

Closed on
Aug 26, 2008
Sold by
Oneal Wendell
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Sep 28, 2006
Sold by
Middleton Karey
Bought by
Oneal Wendell D

Purchase Details

Closed on
Dec 19, 2005
Sold by
Brown Calvin
Bought by
Middleton Karey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2004
Sold by
Nab Bank
Bought by
Brown Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1999
Sold by
Bankers Trust Company Na
Bought by
Mcgary Lafayette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.9%
Mortgage Type
Construction
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
Urgiles Wilmer $45,000 Chicago Title
Per Square Foot Llc $15,000 Fidelity National Title
Hsbc Bank Usa Na -- None Available
Oneal Wendell D $286,000 Law Title
Middleton Karey $185,000 Pntn
Brown Calvin $85,000 Ct
Mcgary Lafayette $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleton Karey $148,000
Previous Owner Brown Calvin $96,000
Previous Owner Mcgary Lafayette $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $45,000 -19.5% --
02/05/2020 02/05/20 Pending -- -- --
09/14/2019 09/14/19 For Sale $55,900 -- --
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 $4,962 $27,000 $4,234 $22,766
2023 $4,837 $23,519 $3,352 $20,167
2022 $4,837 $23,519 $3,352 $20,167
2021 $1,609 $7,999 $3,351 $4,648
2020 $2,374 $10,657 $2,998 $7,659
2019 $2,433 $12,111 $2,998 $9,113
2018 $2,392 $12,111 $2,998 $9,113
2017 $2,871 $13,335 $2,646 $10,689
2016 $2,671 $13,335 $2,646 $10,689
2015 $2,444 $13,335 $2,646 $10,689
2014 $2,662 $14,348 $2,469 $11,879
2013 $2,610 $14,348 $2,469 $11,879
Source: Public Records

Agents Affiliated with this Home

  • Michael Olszewski

    Seller's Agent in 2020

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    46 in this area

    582 Total Sales

    Michael Olszewski
    Section Image

  • A

    Buyer's Agent in 2020

    Anais Barraza

    Kale Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10518315

Midwest Real Estate Data (MRED)

APN: 16-04-330-020-0000

Illinois Cook County Chicago 60651 Austin

848 N Latrobe Ave, Chicago, IL

This home is located at 848 N Latrobe Ave, Chicago, IL 60651 since 14 September 2019 and is currently estimated at $312,555. This property was built in 1897. 848 N Latrobe Ave is a home located in Cook County with nearby schools including Hay Elementary Community Academy, Orr Academy High School, and Moving Everest Charter School.

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