NOT LISTED FOR SALE

917 N 22nd Ave Melrose Park, IL 60160

Estimated Value: $352,000 - $586,273

9 Beds
5 Baths
754 Sq Ft
$616/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $307,500 $408 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,490/month

10 Days on Market

Highlights

  • Screened Deck
  • Balcony
  • Screened Patio
  • Screened Porch
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of August 2017

Great opportunity for investor and/or owner occupant. Very Unique spacious property. Large kitchen, center Island, Thomasville Cabinets with a separate eating area that overlooks the side yard. The spacious dining room and living room all have French doors for those warm summers and an electric or wood burning fireplace for those chilly nights. Walk up the beautiful staircase to 4 large bedrooms with floor to ceiling french doors and Juliet balconies. plus a 2nd bath office or family room that leads out to a huge deck. Main level has a 4 season room which leads out to patio and huge yard. Basement is finished with granite countertops 2 bedrooms dining room, living room, kitchen and a full bath. The back cottage has 2 bedrooms living and dining room, kitchen and full bath. It also has a large deck which was recently remodeled. Your clients will not be disappointed.

Last Agent to Sell the Property

Rose Alanis

Century 21 Circle License #475152438 Listed on: 05/14/2017

Century 21 Circle

Last Buyer's Agent

Israel Rivera

Illinois Real Estate Partners Inc License #475153126

Illinois Real Estate Partners Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,766

Year Built

  • Built in 1918

Lot Details

  • 6,621

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Parking Included in Price
  • Assigned Parking

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Screened Deck
  • Screened Patio

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Screened Porch
  • Lot Dimensions are 52x125

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,766

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 91-100 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: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch Screened, Screened Patio, Screened Deck
  • List Price: 329900
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar,Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Side Apron
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Baseboard
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8766.23
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Aug 2, 2017
Sold by
Velasquez Robert and Velasquez Phillip
Bought by
Rangel Alberto M and Rangel Justina
Seller's Agent
Rose Alanis
Century 21 Circle
Buyer's Agent
Israel Rivera
Illinois Real Estate Partners Inc
List Price
$329,900
Sold Price
$307,500
Premium/Discount to List
-$22,400
-6.79%
Current Estimated Value
$464,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,818
Avg. Annual Appreciation
5.13%
Original Mortgage
$294,566
Outstanding Balance
$257,366
Interest Rate
5.87%
Mortgage Type
FHA
Estimated Equity
$206,952

Purchase Details

Closed on
Apr 12, 2013
Sold by
Velasquez Dyanne and Velasquez Robert
Bought by
Velasquez Robert and Velasquez Phillip

Purchase Details

Closed on
Jul 28, 1994
Sold by
Potokar Roger
Bought by
Velasquez Robert and Velasquez Dyanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
6.5%
Source: Public Records

Range of Values:

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Average Value
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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
Rangel Alberto M $307,500 Greater Illinois Title
Velasquez Robert -- None Available
Velasquez Robert $211,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Alberto M $294,566
Previous Owner Velasquez Robert $189,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Off Market $307,500 -- --
08/01/2017 08/01/17 Sold $307,500 0.0% $408 / Sq Ft
07/31/2017 07/31/17 Off Market $307,500 -- --
05/24/2017 05/24/17 Pending -- -- --
05/14/2017 05/14/17 For Sale $329,900 -- $438 / Sq Ft
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 $12,651 $52,000 $5,940 $46,060
2023 $11,981 $52,000 $5,940 $46,060
2022 $11,981 $42,302 $5,115 $37,187
2021 $12,193 $42,301 $5,115 $37,186
2020 $11,923 $42,301 $5,115 $37,186
2019 $8,436 $29,452 $4,620 $24,832
2018 $10,716 $33,178 $4,620 $28,558
2017 $9,410 $33,178 $4,620 $28,558
2016 $7,791 $26,804 $4,125 $22,679
2015 $8,766 $30,404 $4,125 $26,279
2014 $8,510 $30,404 $4,125 $26,279
2013 $8,184 $31,787 $4,125 $27,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09630185

Midwest Real Estate Data (MRED)

APN: 15-03-343-001-0000