NOT LISTED FOR SALE

Estimated Value: $46,000 - $55,327

1 Bed
1 Bath
1,000 Sq Ft
0.39 Acres

Last Sold November 29, 2021

Last sale price $39,000 $39 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $300/month

19 Days on Market

About This Home

As of November 2021

Only cash offers considered--unit sold "as-is" condition. This unit is part of a five unit lot sale--not for sale individually. All units are located within the same building: 850-#2 / 852-#G / 852-#2 / 854-#1 / 856-#G

Last Agent to Sell the Property

Michael Cotter

MLC Properties & Management Inc License #471020722 Listed on: 10/06/2021

Last Buyer's Agent

Luis Tello

Beaulieu Real Estate License #475148493

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $422

Year Renovated

  • 2008

Lot Details

  • 0.39

Home Design

  • Brick Exterior Construction

Community Details

Overview

  • 24 Units
  • Marty Max Association, Phone Number (773) 262-7555
  • Property managed by MLC Properties & Management

Pet Policy

  • Pets Allowed
  • Pets up to 40 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$422

Year Renovated

2008

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2008
  • Directions: From MLK Drive, East on 79th Street, South on Drexel Avenue to property
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Renovated: 2008

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: MLC Properties & Management
  • Management Contact Name: Marty Max
  • Management Phone: 773-262-7555
  • Association Fee Frequency: Not Applicable
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 40

Multi Family

  • Units in Building: 24

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 20, 2021
Sold by
Drexel Investment Group Llc
Bought by
Flooye 5 Llc
Seller's Agent
Michael Cotter
MLC Properties & Management Inc
Buyer's Agent
Luis Tello
Beaulieu Real Estate
List Price
$42,500
Sold Price
$39,000
Premium/Discount to List
-$3,500
-8.24%
Current Estimated Value
$49,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,776
Avg. Annual Appreciation
6.54%
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
Flooye 5 Llc $39,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $39,000 -8.2% $39 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $42,500 -- $43 / 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 $422 $4,615 $292 $4,323
2023 $411 $2,000 $486 $1,514
2022 $411 $2,000 $486 $1,514
2021 $19 $1,999 $485 $1,514
2020 $19 $3,035 $349 $2,686
2019 $19 $3,358 $349 $3,009
2018 $19 $3,534 $349 $3,185
2017 $122 $3,318 $310 $3,008
2016 $221 $2,580 $310 $2,270
2015 $319 $4,366 $310 $4,056
2014 $426 $4,863 $291 $4,572
2013 $336 $3,710 $291 $3,419
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11239710

Midwest Real Estate Data (MRED)

APN: 20-35-115-023-1040