NOT LISTED FOR SALE

Estimated Value: $3,944,255

6 Beds
4 Baths
3,628 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $1,240,000 $342 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $23,787/month

41 Days on Market

Highlights

  • A-Frame Home
  • 3 Car Detached Garage
  • 1-minute walk to Juniper Playlot Park
  • Blaine Elementary School Rated A-

About This Home

As of April 2023

Awesome opportunity to build your dream home on a corner lot in Lakeview! Currently a 4 unit frame (low rents)-ready for rehab -duplex up/down (full unfinished attic and basement), 3 car garage. Survey under Additional tab. New tankless furnace and brand new commercial hot water tank (2022). Newer white appliances in all units. Please drive by...Do not disturb tenants! Sold "As Is". Agent related to seller.

Last Listed By

Sandra Palm

Palm Properties, Inc License #471000942 Listed on: 01/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,496

Year Built

  • Built in 1900

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • A-Frame Home
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 33.5 x 123.62
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,496

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Assisted Living
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 1295000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 33.5 X 123.62
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Parking

Tax Info

  • Tax Annual Amount: 21496.23
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
3700 N Greenview Llc
Bought by
Gallagher Lauren Anne
Total Days on Market
41
Current Estimated Value
$3,944,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,332,107
Outstanding Balance
$3,325,767
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
-$1,787,837

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 24, 2023
Sold by
Palm Frank R and Palm Marilyn E
Bought by
3700 N Greenview Llc
Seller's Agent
Sandra Palm
Palm Properties, Inc
Buyer's Agent
Azeem Khan
The Khan Group LLC
List Price
$1,325,000
Sold Price
$1,240,000
Premium/Discount to List
-$85,000
-6.42%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

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
Gallagher Lauren Anne $3,925,000 Chicago Title
Gallagher Lauren Anne $3,925,000 Chicago Title
3700 N Greenview Llc $1,240,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Lauren Anne $3,332,107
Closed Gallagher Lauren Anne $3,332,107
Previous Owner Palm Frank R $400,000
Previous Owner Palm Frank R $220,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $1,240,000 -4.2% $342 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $1,295,000 -2.3% $357 / Sq Ft
01/04/2023 01/04/23 For Sale $1,325,000 -- $365 / 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 $21,271 $101,417 $60,499 $40,918
2023 $21,271 $82,863 $62,310 $20,553
2022 $21,271 $103,415 $62,310 $41,105
2021 $21,496 $106,898 $62,310 $44,588
2020 $17,477 $78,455 $26,585 $51,870
2019 $17,514 $87,173 $26,585 $60,588
2018 $19,911 $100,799 $26,585 $74,214
2017 $15,848 $73,619 $23,262 $50,357
2016 $14,745 $73,619 $23,262 $50,357
2015 $13,821 $78,045 $23,262 $54,783
2014 $11,947 $66,961 $19,108 $47,853
2013 $11,700 $66,961 $19,108 $47,853
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11694962

Midwest Real Estate Data (MRED)

APN: 14-20-112-047-0000