NOT LISTED FOR SALE

Chicago, IL 60637

West Woodlawn Neighborhood

Estimated Value: $273,500

5 Beds
2 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold July 25, 2023

Last sale price $192,000

Est. 42% increase in value since last sale

Current estimated payment $1,703/month

124 Days on Market

About This Home

As of July 2023

Rehabbed, Turnkey 2-unit. Top tenant is a long term tenant and rented massively under market at $1,035 Recently rehabbed units. Huge Upside for Investors in booming Woodlawn. Buyer to assume violations that were never closed from the original rehab. Cash of 203B Rehab Loans only (preapproved for 203B loan from Guaranteed Rate)

Last Agent to Sell the Property

Lawrence Dunning

Fulton Grace Realty License #475164126 Listed on: 10/14/2022

Fulton Grace Realty

Last Buyer's Agent

Darius Hennington

Kale Realty License #475200504

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 2,701

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,223

Year Built

Built in 1920 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Condo
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4222.73
  • Tax Year: 2021

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
Feb 17, 2017
Sold by
Community Initiatives Inc
Bought by
Gcri Llc
Current Estimated Value
$273,500

Purchase Details

Closed on
Aug 3, 2016
Sold by
County Of Cook
Bought by
Community Initiatives Inc

Purchase Details

Closed on
Sep 21, 2015
Sold by
6610 S St Lawrence Condominium Associati
Bought by
Cook County Land Bank Authority

Purchase Details

Closed on
Oct 20, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Reo Direct Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Olson Scott
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 14, 2005
Sold by
Radojcic Bozena
Bought by
Olson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2004
Sold by
Owens Doris
Bought by
Radojcic Bozena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gcri Llc $30,000 None Available
Community Initiatives Inc -- Chicago Title
Cook County Land Bank Authority -- Attorney
Reo Direct Llc -- None Available
Deutsche Bank National Trust Company -- None Available
Olson Scott $240,000 Multiple
Radojcic Bozena $31,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Scott $192,000
Closed Olson Scott $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $192,000 -23.2% --
02/16/2023 02/16/23 Pending -- -- --
10/14/2022 10/14/22 For Sale $249,900 -- --
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
2019 $3,013 $14,999 $1,142 $13,857
2018 $3,704 $18,749 $1,142 $17,607
2017 $3,754 $17,437 $1,005 $16,432
2016 $3,492 $17,437 $1,005 $16,432
2015 $3,195 $17,437 $1,005 $16,432
2014 $2,597 $13,999 $822 $13,177
2013 $2,546 $13,999 $822 $13,177
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Dunning

    Seller's Agent in 2023

    Lawrence Dunning

    Fulton Grace

    (312) 286-0427

    8 in this area

    218 Total Sales

    Lawrence Dunning
    Section Image

  • D

    Buyer's Agent in 2023

    Darius Hennington

    Kale Realty

    (312) 939-5253

    5 in this area

    25 Total Sales

    Darius Hennington
    Section Image
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Source: Midwest Real Estate Data (MRED)

MLS Number: 11652422

Midwest Real Estate Data (MRED)

APN: 20-22-227-047-1002

Illinois Cook County Chicago 60637

West Woodlawn

Not Listed for Sale

MultiFamily

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