R
Seller's Agent in 2023
Robert Rixer
Citypoint Illinois LLC
(312) 983-0519
1 in this area
20 Total Sales
10067 Franklin Ave Franklin Park, IL 60131
Estimated Value: $505,000 - $542,000
7
Beds
5
Baths
--
Sq Ft
3,572
Sq Ft Lot
About This Home
As of December 2023Welcome to an incredible investment opportunity in Franklin Park, IL. This historic 4-unit property, built in 1876 by one of the founding families of Franklin Park, offers an opportunity for investors seeking a unique addition to their portfolio. With its prime location and historic charm, this property is perfect for investors looking to capitalize on the strong rental market in the area. Each unit features unique architectural details and a spacious layout, offering a comfortable living space for tenants. The property also boasts a large yard, providing a beautiful outdoor space for tenants to enjoy. The detached garage offers additional storage space, and the building's historic character adds to the charm and appeal for renters.
Last Agent to Sell the Property
Citypoint Illinois LLC License #471021887 Listed on: 08/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,524
Year Built
- Built in 1876
Lot Details
- 3,572
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 5 Bathrooms
Parking
- 6 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Utilities
- Heating System Uses Natural Gas
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2023
Closed on
Dec 1, 2023
Sold by
10067 Franklin Llc
Bought by
Estepa-Alacron Milena
Seller's Agent
Robert Rixer
Citypoint Illinois LLC
Buyer's Agent
Airel Hermosillo
Smart Home Realty
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
214
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,500
Avg. Annual Appreciation
10.18%
Original Mortgage
$337,500
Outstanding Balance
$331,963
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$227,037
Purchase Details
Closed on
May 24, 2023
Sold by
Pavia Lawrence Donald
Bought by
10067 Franklin Llc
Purchase Details
Closed on
Jun 10, 2010
Sold by
Ciurla Christopher R and Schroeppel Roy M
Bought by
Pavia Lawrence Donald
Purchase Details
Closed on
Apr 7, 1995
Sold by
Hinrichs Robert H and Hinrichs Lucille C
Bought by
Schroeppel Roy M and Ciurla Christopher R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.5%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Estepa-Alacron Milena | $475,000 | Lakeland Title Services | |
| 10067 Franklin Llc | $345,000 | None Listed On Document | |
| 10067 Franklin Llc | $345,000 | None Listed On Document | |
| Pavia Lawrence Donald | $135,000 | Saturn | |
| Schroeppel Roy M | $130,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Estepa-Alacron Milena | $337,500 | |
| Previous Owner | Schroeppel Roy M | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2023 12/21/23 | Sold | $475,000 | 0.0% | -- |
| 09/29/2023 09/29/23 | Off Market | $475,000 | -- | -- |
| 09/07/2023 09/07/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 08/13/2023 08/13/23 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,025 | $3,505 | $1,499 | $2,006 |
| 2023 | $1,007 | $3,505 | $1,499 | $2,006 |
| 2022 | $1,007 | $3,505 | $1,499 | $2,006 |
| 2021 | $1,081 | $3,163 | $2,308 | $855 |
| 2020 | $1,081 | $3,163 | $2,308 | $855 |
| 2019 | $1,089 | $3,460 | $2,308 | $1,152 |
| 2018 | $1,466 | $4,056 | $1,953 | $2,103 |
| 2017 | $1,267 | $3,467 | $1,953 | $1,514 |
| 2016 | $1,268 | $3,467 | $1,953 | $1,514 |
| 2015 | $1,118 | $2,890 | $1,776 | $1,114 |
| 2014 | $1,035 | $2,848 | $1,776 | $1,072 |
| 2013 | $959 | $2,848 | $1,776 | $1,072 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Rixer
-
Airel Hermosillo
Buyer's Agent in 2023
Airel Hermosillo
Smart Home Realty
(630) 806-1330
3 in this area
255 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11858857
APN: 12-21-324-010-0000
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