NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
1911 Built

Sale Details

Date Sold: August 15, 2022

Last sale price $518,000

34 Days on Market

About This Home

As of August 2022

Welcome to an amazing multi-unit Investment Opportunity! Whether you decided to live in one unit or rent the entire building, this recently renovated home has the potential to provide a savvy investor with a consistent + Cash Flow. Located in the Forest Park neighborhood, this Legal 2 Unit home offers 3 bedrooms and 1 bathroom per unit. Need more room? no problem. This home offers the possibility of extending either unit by duplexing up or down. Currently, the Attic Unit is fully finished offering 1 Bedrooms and 1 Full Bathroom and is currently used as an in-law suite. As for the basement, it has a half bathroom, laundry room, and additional living space open for your ideas!! There are FOUR paved parking spaces a generous size yard just in time for the summer!! Motivated Seller!! Put your Offers In!! Click on Virtual Tour to explore this amazing building!

Last Agent to Sell the Property

Leonardo Lopez

eXp Realty License #475197450 Listed on: 06/06/2022

eXp Realty

Last Buyer's Agent

Juan Villarreal

RE/MAX Partners License #475157502

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,330

Year Built

  • Built in 1911

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Side or Rear Entrance to Parking
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Porch
  • Lot Dimensions are 38x124

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,330

Year Built

Built in 1911

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Rear/Side Entry
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 38X124
  • 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: 12329.82
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 8, 2022
Sold by
Bought by
Seller's Agent
Leonardo Lopez
eXp Realty
Buyer's Agent
Juan Villarreal
RE/MAX Partners
List Price
$515,000
Sold Price
$518,000
Premium/Discount to List
$3,000
0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,617
Outstanding Balance
$475,633
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2018
Closed on
Jul 17, 2019
Sold by
Bought by
Seller's Agent
Jeanette Madock
@properties Christie's International Real Estate
Buyer's Agent
Eduardo Camargo
24/7 Real Estate Inc
List Price
$447,500
Sold Price
$440,500
Premium/Discount to List
-$7,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$432,520
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 13, 2016
Sold by
Bought by
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Jeanette Madock
@properties Christie's International Real Estate
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$296,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2002
Sold by
Bought by

Purchase Details

Closed on
May 6, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,937
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$518,000 Fidelity National Title
$440,500 Chicago Title
$370,000 First Ameriacn Title
$395,000 Prairie Title
-- Chicago Title Insurance Co
$205,000 1St American Title
$155,000 Prairie Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $508,617
Previous Owner $432,520
Previous Owner $296,000
Previous Owner $375,250
Previous Owner $153,937
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2022 08/15/22 Sold $518,000 +2.0% --
07/11/2022 07/11/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $508,000 -1.2% --
06/25/2022 06/25/22 Price Changed $514,000 -0.2% --
06/06/2022 06/06/22 For Sale $515,000 +16.9% --
07/17/2019 07/17/19 Sold $440,500 -1.6% -- View Prior Sale
06/07/2019 06/07/19 For Sale $447,500 0.0% --
04/20/2019 04/20/19 Pending -- -- --
04/18/2019 04/18/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $447,500 +20.9% --
12/16/2016 12/16/16 Sold $370,000 -2.6% -- View Prior Sale
10/21/2016 10/21/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $379,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,615 $42,000 $3,515 $38,485
2024 $12,615 $42,000 $3,515 $38,485
2023 $13,207 $42,000 $3,515 $38,485
2022 $13,207 $40,268 $2,695 $37,573
2021 $12,575 $40,268 $2,695 $37,573
2020 $13,359 $40,268 $2,695 $37,573
2019 $8,713 $28,176 $2,460 $25,716
2018 $8,532 $28,176 $2,460 $25,716
2017 $8,365 $28,176 $2,460 $25,716
2016 $5,650 $18,263 $2,226 $16,037
2015 $6,561 $21,223 $2,226 $18,997
2014 $6,456 $21,223 $2,226 $18,997
2013 $6,237 $21,913 $2,226 $19,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11377380

Midwest Real Estate Data (MRED)
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