NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,640,000

4 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $725,000

Est. 77% increase in value since last sale

Current estimated payment $8,634/month

70 Days on Market

Highlights

  • Waterfront
  • Queen Anne Architecture
  • Enclosed Patio or Porch
  • Prescott Elementary School Rated A-
  • 2 Car Detached Garage
  • 5-minute walk to South Lakeview Park

About This Home

As of October 2019

Beautiful Brick 2-Flat on tree lined Diversey Pkwy. This well maintained, classic architectural design has original hardwood floors, doors and moldings throughout. Each unit 2 bedrooms, 1 bathroom, with living room, dining room, kitchen and heated porches. Laundry in the basement. There is a detached 2 car garage with nice brick patio and backyard. Separate utilities for each unit, finished basement with washer/dryer. Located in highly desirable Prescott Elementary and Lincoln Park High School. Close to public CTA transportation, shopping, restaurants and entertainment steps away. (Southport Corridor). Each unit currently rented for $1500.00/month. This building is a solid investment property or it can be easily converted to a large single family home. It is zoned R3.5. Broker Co-owned. It is a MUST SEE!

Last Agent to Sell the Property

David Cozzi

Cozzi Real Estate Inc. License #471019810 Listed on: 04/08/2019

Last Buyer's Agent

Curtis Crotty

Keller Williams ONEChicago License #475179945

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,945

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 25' x 125'
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Queen Anne Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms
  • Separate Shower

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,945

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Brick/Mortar
  • List Price: 749500
  • Roof: Rubber, Flat
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25' X 125'
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 12945
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
1454 W Diversey Pkwy Llc
Bought by
Verde Jeffrey David
Current Estimated Value
$1,285,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Outstanding Balance
$786,625
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$499,364

Purchase Details

Closed on
Feb 24, 2021
Sold by
1454 W Diversey Pkwy Llc
Bought by
Pohorence Sean and Pridgen Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2019
Closed on
Oct 29, 2019
Sold by
1454 West Diversey Llc
Bought by
1454 W Diversey Pkwy Llc
Seller's Agent
David Cozzi
Cozzi Real Estate Inc.
Buyer's Agent
Curtis Crotty
Keller Williams ONEChicago
List Price
$749,500
Sold Price
$725,000
Premium/Discount to List
-$24,500
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$490,100
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Verde Jeffrey David $1,085,000 Proper Title
Pohorence Sean $950,000 Proper Title
1454 W Diversey Pkwy Llc $728,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verde Jeffrey David $868,000
Previous Owner Pohorence Sean $760,000
Previous Owner 1454 W Diversey Pkwy Llc $490,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $725,000 -3.3% --
06/17/2019 06/17/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $749,500 -- --
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 $21,468 $106,460 $29,221 $77,239
2023 $20,928 $101,750 $23,565 $78,185
2022 $20,928 $101,750 $23,565 $78,185
2021 $40,922 $203,500 $46,365 $157,135
2020 $4,131 $18,546 $18,546 $0
2019 $14,154 $70,450 $18,546 $51,904
2018 $13,916 $70,450 $18,546 $51,904
2017 $12,946 $60,139 $16,691 $43,448
2016 $12,045 $60,139 $16,691 $43,448
2015 $11,020 $60,139 $16,691 $43,448
2014 $8,415 $45,352 $13,600 $31,752
2013 $8,248 $45,352 $13,600 $31,752
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10336348

Midwest Real Estate Data (MRED)

APN: 14-29-129-025-0000