See Home Value
$3,175,315*
Multifamily - Off Market

1347 N State Parkway

Chicago-Near North Side, IL 60610
bedrooms
9 Beds
bathrooms
0 Bath
$2,498,000 - $3,052,000
Reference Base Price*
14.43%
Since Dec 1, 2021
IL-Chicago
Primary Model
Sold May 20, 2021
$1,000,000
$1,488,000 by Us Bank Na
Mortgage Due Dec 01, 2051
Sold Dec 08, 1993
$216,666
$325,000 by Nelson Rowley Iii
Mortgage Due Nov 01, 2008

About This Property

This exceptional Gold Coast 2-unit building offers an excellent opportunity for a resident owner to offset the cost of homeownership with rental income or for an armchair investor seeking to acquire a substantial property with positive cash flow. The property is comprised of a luxurious 7,500 sq. ft. 6-bedroom, 6-bath triplex that generates approximately $17,000/mo. and a bright renovated 3-bedroom, 2-bath PH that rents for approximately $7,500/mo. Each unit has superior quality finishes, renovated kitchens and baths, central a/c, in-unit laundry, and access to outdoor space.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Nov 11, 2021 No longer available -
No longer available
Sep 30, 2021 Relisted $2,775,000
Relisted
Sep 19, 2021 In contract -
In contract
Sep 1, 2021 Listed $2,775,000
Listed
May 20, 2021 Sold to Jason Strmiska, Stuart Nemerov $1,000,000
Sold to Jason Strmiska, Stuart Nemerov
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,755
  • Total Building Area: 3,762
  • Gross Building Area: 3,762
  • Building Area: 3,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASTORS ADD
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (OWNERS) RESUB OF W125FT LTS 37-38 IN ASTORS ADD TO C HGO BEING A SUB OF PT NW SEC 03-39-14

Ownership

  • Current Owner : STRMISKA JASON
  • Current Owner 2: NEMEROV STUART
  • Previous Owner : FMBC BANK AND TRUST
  • Owner Before Previous Owner: WHITE R QUINCY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-28-02
  • District: 74
  • Parcel: 17-03-105-007-0000
  • Lot: 37,38
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9072
  • Longitude: -87.6273

    Address

  • Full Address: 1347 N Astor St
  • Address - House Number: 1347
  • Street Direction: N
  • Address - Street Name: Astor
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 2144
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,344
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.2572
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 1,297,752
  • High Value: 1,631,536
  • Low Value: 963,968

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,806,049
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $1,488,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jan 04, 2023
  • Second Open Lien Mortgage Loan Amount: $318,049
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 17, 2052

    Market Valuation

  • Market Total Value: $2,092,900
  • Market Land Value: $438,750
  • Market Improvement Value: $1,654,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,290
  • Assessed Land Value: $43,875
  • Assessed Improvements Value: $165,415

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11835927600
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2114004007
  • Previous Sale Recording Date: Dec 08, 1993
  • Previous Sale Contract Date: Nov 30, 1993
  • Previous Sale Amount: $216,666
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NELSON ROWLEY III
  • Previous Mortgage Transaction Date: Dec 08, 1993
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Nov 01, 2008



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
8 Beds
8.5 Baths
4,015 ft²
$746/ft²
$2,995,000 Nov 15, 2022
-
$3,538/mo
House
3 Beds
4.5 Baths
5,000 ft²
$558/ft²
$2,790,000 Mar 7, 2023
-
$8,907/mo
House
2 Beds
2.5 Baths
2,550 ft²
$1,118/ft²
$2,850,000 Apr 27, 2022
-
$1,858/mo
House
2 Beds
2.5 Baths
2,550 ft²
$1,059/ft²
$2,700,000 Apr 27, 2022
-
$2,278/mo
House
3 Beds
2.5 Baths
3,101 ft²
$869/ft²
$2,695,000 May 1, 2023
-
$7,352/mo
House
4 Beds
4.5 Baths
4,000 ft²
$663/ft²
$2,650,000 May 1, 2023
-
$4,530/mo
House
4 Beds
4.5 Baths
5,000 ft²
$530/ft²
$2,650,000 Jun 22, 2023
-
$4,894/mo
House
3 Beds
3.5 Baths
3,800 ft²
$776/ft²
$2,950,000 Apr 19, 2023
-
$9,237/mo
House
6 Beds
5.5 Baths
7,000 ft²
$425/ft²
$2,975,000 May 17, 2023
-
-
House
3 Beds
3.5 Baths
4,200 ft²
$712/ft²
$2,990,000 Jun 27, 2023
-
$9,064/mo
Commercial
Loft
-
6,265 ft²
$479/ft²
$2,999,999 Nov 28, 2022
-
$3,029/mo
House
5 Beds
7 Baths
7,500 ft²
$400/ft²
$3,000,000 Mar 1, 2023
-
$6,609/mo

About Central Chicago


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Nearby Rentals

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$8,000 /mo

  • 2 Beds
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Frequently Asked Questions

When was property at 1347 North State Parkway built and last sold?
The property at 1347 North State Parkway was built in 1900 and last sold on Apr 8, 2021 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 1347 North State Parkway is $2,802,750.
What are some comparable homes to 1347 North State Parkway?
There are currently no comparable homes to 1347 North State Parkway.

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