NOT LISTED FOR SALE

2347 W Shakespeare Ave Chicago, IL 60647

Bucktown Neighborhood

Estimated Value: $554,937 - $1,474,000

4 Beds
2 Baths
1,890 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $560,000 $296 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,738/month

142 Days on Market

About This Home

As of June 2023

Amazing investment opportunity in Chicago's vibrant Bucktown neighborhood! 2-UNIT legal duplex in prime Bucktown location. 2 legal units featuring newer (2014) roof. Each unit features 2 bedrooms and 1 bath. Potential to finish the basement and convert into a garden unit for additional income. Great location close to Holstein Park and transportation. Projected rental income $5,000/month plus parking. Very low property taxes, sold as is condition. Located on a beautiful tree-lined street just 1 block from Holstein Park and many restaurants. Private backyard. Very clean basement offering further storage, and a common laundry room. Easy to rent in a high rental demand area. Perfect for an investor or an owner to live in one and rent one unit. Located in one of Chicago's most vibrant neighborhoods with boutique shops and vibing restaurants. Ideal location for summer street festivals, cafes or to relax at Holstein Park. Near the "606" trail which is used for biking, walking and jogging. Minutes to expressway, trains and bus lines. Holstein Park sits on 3.25 acres. The fieldhouse is equipped with two gymnasiums, an assembly hall (with stage), and clubrooms for rental. Outside, the park offers a swimming pool with a wading pool, a senior baseball field, a softball field, a volleyball court, and a playground with a spray water feature.

Last Listed By

Jon Panozzo

Real People Realty License #475174180 Listed on: 12/01/2022

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,644

Year Built

  • Built in 1903

Lot Details

  • 2,396

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24x100

Community Details

  • 2 Units
  • Bucktown Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,644

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Bucktown
  • Year Built: 1903
  • 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: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space

Exterior Features

  • List Price: 675000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 24X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12643.68
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jun 6, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Bonslater Andrew and Bonslater Tonya
Seller's Agent
Jon Panozzo
Real People Realty
Buyer's Agent
Raquel King
Kale Realty
List Price
$699,000
Sold Price
$560,000
Premium/Discount to List
-$139,000
-19.89%
Total Days on Market
142
Views
36
Current Estimated Value
$1,014,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,469
Avg. Annual Appreciation
36.95%
Original Mortgage
$549,857
Outstanding Balance
$539,097
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$459,729

Purchase Details

Closed on
Sep 12, 2011
Sold by
Logisz Jerome H
Bought by
Chicago Title Land Trust Company and Trust #8002357784

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
Bonslater Andrew $560,000 Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonslater Andrew $549,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $560,000 0.0% $296 / Sq Ft
06/07/2023 06/07/23 Off Market $560,000 -- --
04/23/2023 04/23/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $675,000 -3.4% $357 / Sq Ft
12/01/2022 12/01/22 For Sale $699,000 -- $370 / 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 $12,915 $72,000 $20,880 $51,120
2023 $12,915 $66,000 $16,800 $49,200
2022 $12,915 $66,000 $16,800 $49,200
2021 $12,644 $66,000 $16,800 $49,200
2020 $10,078 $48,178 $10,920 $37,258
2019 $10,103 $53,532 $10,920 $42,612
2018 $9,896 $53,532 $10,920 $42,612
2017 $10,476 $52,042 $9,600 $42,442
2016 $9,923 $52,042 $9,600 $42,442
2015 $9,056 $52,042 $9,600 $42,442
2014 $6,970 $40,137 $8,400 $31,737
2013 $6,822 $40,137 $8,400 $31,737
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11681097

Midwest Real Estate Data (MRED)

APN: 14-31-124-009-0000