NOT LISTED FOR SALE

Chicago, IL 60637

West Woodlawn Neighborhood
8 Beds
3 Baths
-- Sq Ft
1908 Built

Last Sold December 16, 2015

Last sale price $185,000

17 Days on Market

About This Home

As of December 2015

The building is a mid-block three-story walk-up residential property of masonry construction with a flat roof constructed in 1908. The first and second floors contain two- and 2.5-bedroom units, respectively, while the third floor unit contains three bedrooms. All units each have one bathroom. There is a full basement which is unfinished, save for a newly completed communal laundry room with one set of coin-operated machines. The site is secured and fenced at both the front and rear with a gate accessing the alley. The property has a 3-car exterior, uncovered, gated parking pad. The building was fully rehabbed in March-2015. Rehab scope included new individual HVAC units, new plumbing, new windows, new laundry room, new electrical drop and 200-amp electrical service, new kitchens and baths, refinished and stained hardwood floors, new intercom and doorbell system, and new front exterior door. All three units have written 12-month leases in place. The property is currently 100% leased

Last Agent to Sell the Property

Edward Bluemel

Atlas Asset Management Realty LLC License #475159969 Listed on: 10/06/2015

Last Buyer's Agent

Carlas Gilbert

Prince Realty Group LLC License #471018028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1908

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

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

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $36,600
  • Net Operating Income $21,751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Other Expenses $: 13849

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 21751
  • GrossIncome: 36600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3644.32
  • Tax Year: 2014
  • Tax Exemptions: None

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2015 12/16/15 Sold $185,000 -2.1% --
10/23/2015 10/23/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $189,000 +190.8% --
11/07/2014 11/07/14 Sold $65,000 +8.3% -- View Prior Sale
10/31/2014 10/31/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $60,000 0.0% --
09/24/2014 09/24/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $60,000 -- --
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
2025 $4,870 $30,001 $3,783 $26,218
2024 $4,870 $30,001 $3,783 $26,218
2023 $4,730 $23,001 $3,783 $19,218
2022 $4,730 $23,001 $3,783 $19,218
2021 $4,625 $22,999 $3,782 $19,217
2020 $3,828 $17,186 $3,782 $13,404
2019 $3,924 $19,530 $3,782 $15,748
2018 $3,858 $19,530 $3,782 $15,748
2017 $4,637 $21,539 $3,328 $18,211
2016 $4,314 $21,539 $3,328 $18,211
2015 $3,947 $21,539 $3,328 $18,211
2014 $3,644 $19,642 $2,723 $16,919
2013 $3,572 $19,642 $2,723 $16,919
Source: Public Records

Agents Affiliated with this Home

  • Edward Bluemel

    Seller's Agent in 2015

    Edward Bluemel

    Atlas Asset Management Realty LLC

    (630) 709-3581

    15 Total Sales

    Edward Bluemel
    Section Image
  • Carlas Gilbert

    Buyer's Agent in 2015

    Carlas Gilbert

    Prince Realty Group LLC

    (773) 329-6648

    3 in this area

    70 Total Sales

    Carlas Gilbert
    Section Image

  • J

    Seller's Agent in 2014

    John Panknin

    Fulton Grace

  • Eric Janssen

    Seller Co-Listing Agent in 2014

    Eric Janssen

    Chicago Real Estate Resources

    (773) 327-9300

    2 Total Sales

    Eric Janssen
    Section Image

  • J

    Buyer's Agent in 2014

    Jeremy Nash

    33 Realty

See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 09058396

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60637

West Woodlawn

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes