NOT LISTED FOR SALE

945 Circle Ave Forest Park, IL 60130

Estimated Value: $420,000

7 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $460,000

Est. 9% decrease in value since last sale

Current estimated payment $2,263/month

67 Days on Market

Highlights

  • Landscaped Professionally
  • Fenced Yard
  • Ceiling Fan
  • Corner Lot
  • 2 Car Detached Garage
  • 4-minute walk to Maple Park

About This Home

As of September 2021

You'll love the Positive Cash Flow in this 4 unit building on a wide, corner lot, with a 2 Car Garage and 3 Parking Spaces. Lovely yard with lush landscaping and patio. Receive additional income from the coin operated washer & dryer in the basement. Units 1 and 2 have a garage parking space and the 3rd floor and basement units have an exterior parking space. Tenants pay their own electric and cooking gas. Gas heat, water, and parking is included in the rents. Low maintenance exterior, convenient location, and deconversion potential. Great property to own, or for multi-family living.

Last Agent to Sell the Property

Patti Sprafka Wagner

RE/MAX In The Village License #475092330 Listed on: 05/18/2021

RE/MAX In The Village

Last Buyer's Agent

Michelle Schroeder

Berkshire Hathaway HomeServices Chicago License #475179225

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,870

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 55 x 124
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $228
  • Fuel Expense $1,458
  • Insurance Expense $2,836
  • Water Sewer Expense $3,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,870

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard, Landscaped, Sidewalks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3067

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 55 X 124
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Fuel Expense: 1458
  • Insurance Expense: 2836
  • ElectricExpense: 228
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10869.93
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Sep 23, 2021
Sold by
Asn Properties Llc
Bought by
Phillips James Robert
Seller's Agent
Patti Sprafka Wagner
RE/MAX In The Village
Buyer's Agent
Michelle Schroeder
Berkshire Hathaway HomeServices Chicago
Sold Price
$460,000
Current Estimated Value
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,000
Avg. Annual Appreciation
0.00%
Original Mortgage
$451,668
Outstanding Balance
$410,984
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$49,016

Purchase Details

Closed on
Jun 6, 2007
Sold by
Stefl Timothy C and Stefl Ruth Ann
Bought by
Asn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Phillips James Robert $460,000 Prairie Title
Asn Properties Llc $447,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James Robert $451,668
Previous Owner Asn Properties Llc $312,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $460,000 0.0% --
07/24/2021 07/24/21 Pending -- -- --
07/16/2021 07/16/21 For Sale -- -- --
06/05/2021 06/05/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $460,000 -- --
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 $738 $2,457 $2,344 $113
2023 $600 $2,457 $2,344 $113
2022 $600 $1,676 $1,563 $113
2021 $570 $1,675 $1,562 $113
2020 $556 $1,675 $1,562 $113
2019 $535 $1,519 $1,406 $113
2018 $524 $1,519 $1,406 $113
2017 $512 $1,519 $1,406 $113
2016 $488 $1,363 $1,250 $113
2015 $481 $1,363 $1,250 $113
2014 $472 $1,363 $1,250 $113
2013 $441 $1,363 $1,250 $113
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11092234

Midwest Real Estate Data (MRED)

APN: 15-13-412-019-0000