$265,000
PENDING PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $1,463/month

Total Views 106
3 Beds
1.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Recreation Room
  • Wood Flooring
  • Living Room
  • Raised Ranch Architecture
  • 2 Car Detached Garage
  • 5-minute walk to Wallace Park

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Last Listed By

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 02/25/2025

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1966 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Step Ranch
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1966 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump
  • Room Type: Recreation Room
  • Assessed Sq Ft: 1017
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Flooring: Hardwood

Exterior Features

  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 673.36
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $635 $12,000 $2,555 $9,445
2023 $635 $6,500 $2,017 $4,483
2022 $635 $6,500 $2,017 $4,483
2021 $639 $6,499 $2,016 $4,483
2020 $1,003 $7,594 $2,016 $5,578
2019 $990 $8,345 $2,016 $6,329
2018 $972 $8,345 $2,016 $6,329
2017 $1,951 $12,418 $1,747 $10,671
2016 $1,992 $12,418 $1,747 $10,671
2015 $1,799 $12,418 $1,747 $10,671
2014 $1,730 $11,868 $1,613 $10,255
2013 $1,684 $11,868 $1,613 $10,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $265,000 0.0% --
01/03/2024 01/03/24 Rented $2,250 0.0% --
12/12/2023 12/12/23 Under Contract -- -- --
11/20/2023 11/20/23 For Rent $2,250 0.0% --
11/16/2023 11/16/23 Under Contract -- -- --
11/13/2023 11/13/23 For Rent $2,250 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $75,000 First American Title
Deed $69,500 First American Title
Trustee Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $150,000 First American Title
Warranty Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,750 Credit Line Revolving
Closed $144,000 Construction
Previous Owner $122,400 Unknown
Previous Owner $110,000 Unknown
Previous Owner $114,000 Adjustable Rate Mortgage/ARM
Previous Owner $105,000 Unknown
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12298574

Midwest Real Estate Data (MRED)

APN: 25-04-300-014-0000