NOT LISTED FOR SALE

Estimated Value: $277,000 - $349,000

5 Beds
2 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $40,000

Est. 734% increase in value since last sale

Current estimated payment $2,178/month

20 Days on Market

About This Home

As of October 2016

THIS IS AN AMAZING HISTORIC CHICAGO BRICK BUNGALOW THAT IS WAITING TO BE BROUGHT BACK TO LIFE. THIS IS NON CONFORMING 2 UNIT, THE HOME FEATURES A LARGE FLOOR PLAN WITH 5 BEDROOMS, 2 CAR GARAGE, FINISHED ATTIC AND SO MUCH MORE TO OFFER. INTERIOR IS IN FAIR CONDITION BUT HAS POTENTIAL. PROPERTY IS BEING SOLD AS-IS, ALL INFORMATION IS ESTIMATED, TAXES PRO RATED AT 100%. BUYER RESPONSIBLE FOR SURVEY. THIS IS A GREAT HOME ON AN EVEN BETTER BLOCK. ZONING HAS NOT BEEN CONFIRMED WITH CITY OF CHICAGO AS OF YET

Last Agent to Sell the Property

Ryan Smith

Re/Max Premier License #475150650 Listed on: 09/16/2016

Re/Max Premier

Co-Listed By

Coya Smith

RE/MAX Premier License #471000671

Last Buyer's Agent

Ryan Smith

Re/Max Premier License #475150650 Listed on: 09/16/2016

Re/Max Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1918

Lot Details

  • 3,746

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$369

Year Built

Built in 1918

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: 1918
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 39900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 369.47
  • Tax Year: 2014

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Wilkinson Floyd E
Current Estimated Value
$333,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,864
Outstanding Balance
$185,959
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$142,297

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 25, 2016
Sold by
Finance Of America Reverse Llc
Bought by
Chicago Title Land Trust and Northstar Trust
Seller's Agent
Ryan Smith
Re/Max Premier
Buyer's Agent
Ryan Smith
Re/Max Premier
List Price
$39,900
Sold Price
$40,000
Premium/Discount to List
$100
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.06%
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2014
Sold by
Alexander
Bought by
Urban Financial Of America Llc

Purchase Details

Closed on
May 8, 1998
Sold by
Karuse Daniel W and Green Daisy
Bought by
Alexander Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.2%
Mortgage Type
Commercial
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
Wilkinson Floyd E $225,000 First American Title
Chicago Title Land Trust $40,000 First American Title
Urban Financial Of America Llc -- None Available
Alexander Anna J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Floyd E $218,864
Closed Wilkinson Floyd E $7,500
Previous Owner Chicago Title Land Trust $750,000
Previous Owner Alexander Anna J $187,500
Previous Owner Alexander Anna $4,069
Previous Owner Alexander Anna J $9,700
Previous Owner Alexander Anna J $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $40,000 +0.3% --
10/06/2016 10/06/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $39,900 -- --
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 $4,220 $24,101 $2,813 $21,288
2023 $4,113 $20,001 $4,688 $15,313
2022 $4,113 $20,001 $4,688 $15,313
2021 $4,022 $19,999 $4,687 $15,312
2020 $3,857 $17,316 $3,375 $13,941
2019 $3,866 $19,240 $3,375 $15,865
2018 $3,801 $19,240 $3,375 $15,865
2017 $3,569 $16,581 $3,000 $13,581
2016 $3,321 $16,581 $3,000 $13,581
2015 $3,038 $16,581 $3,000 $13,581
2014 $369 $14,427 $2,625 $11,802
2013 $371 $14,427 $2,625 $11,802
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 09344275

Midwest Real Estate Data (MRED)

APN: 20-36-411-012-0000