Seller's Agent in 2022
Jeff Jakob
Coldwell Banker Real Estate Group
(815) 320-2600
7 in this area
62 Total Sales
101 Nicholson St Joliet, IL 60435
Cathedral Area NeighborhoodEstimated Value: $735,991
12
Beds
6
Baths
--
Sq Ft
0.25
Acres
About This Home
As of April 2022Great Turn-key investment! Fully-rented 6 unit with two newly updated units. All units are 2 bedroom, 1.5 bath townhome-style with basements. Private parking, close to downtown Joliet, shopping, restaurants, and interstate 80. Rents include heat, water and garbage. Building is section 8 certified. Please email or call for additional information or questions. One unit can be shown by appointment; remaining units accessible with contract. Great 1031 exchange opportunity.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475176651 Listed on: 02/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,653
Year Built
- Built in 1971
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 121.6x84.4x131x87.7
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $201
- Fuel Expense $3,329
- Insurance Expense $2,998
- Trash Expense $819
- Water Sewer Expense $3,656
- Operating Expense $11,003
- Gross Income $86,892
- Net Operating Income $74,089
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 4, 2023
Sold by
Waesco Sean R and Waesco Jennifer A
Bought by
Rodgers Lucas and Rodgers Nicole T
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$319,498
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$416,493
Purchase Details
Listed on
Sep 8, 2020
Closed on
Nov 13, 2020
Sold by
Fpb Ventures Llc
Bought by
Etchison Paul
Seller's Agent
Philip Howell
RE/MAX Top Properties
Buyer's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
List Price
$498,500
Sold Price
$470,000
Premium/Discount to List
-$28,500
-5.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,046,250
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2017
Sold by
Joal Llc
Bought by
Fpb Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 26, 2008
Sold by
The Old Second National Bank Of Aurora
Bought by
Joal Llc
Purchase Details
Closed on
Sep 17, 2003
Sold by
Lasalle Bank Na
Bought by
Old Second National Bank Of Aurora and Trust #8931
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Lasalle Bank National Assn and Trust #5662-Wh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 9, 2001
Sold by
Marche Robert S
Bought by
Chicago Title Land Trust Company and Trust #1109570
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.1%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 22, 2001
Sold by
Richards Lawrence F and Richards Kathleen A
Bought by
Marche Robert S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.1%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 22, 1997
Sold by
Richards Paul L
Bought by
Richards Lawrence F and Richards Kathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,437
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 1995
Sold by
Richards Paul L
Bought by
Richards Paul L and Paul L Richards Trust
Purchase Details
Closed on
Apr 12, 1994
Sold by
Gregorash Donald A and Gregorash Joanne M
Bought by
Richards Paul L
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 |
|---|---|---|---|
| Rodgers Lucas | $685,000 | Fidelity National Title | |
| Etchison Paul | $470,000 | Fidelity National Title Ins | |
| Fpb Ventures Llc | -- | Attorney | |
| Joal Llc | -- | Multiple | |
| Old Second National Bank Of Aurora | $395,000 | Chicago Title Insurance Co | |
| Lasalle Bank National Assn | $395,000 | -- | |
| Chicago Title Land Trust Company | -- | Chicago Title Insurance Co | |
| Marche Robert S | $300,000 | -- | |
| Richards Lawrence F | $226,000 | -- | |
| Richards Paul L | -- | -- | |
| Richards Paul L | $195,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodgers Lucas | $435,000 | |
| Previous Owner | Etchison Paul | $1,046,250 | |
| Previous Owner | Fpb Ventures Llc | $790,000 | |
| Previous Owner | Joal Llc | $830,000 | |
| Previous Owner | Old Second National Bank Of Aurora | $364,000 | |
| Previous Owner | Lasalle Bank Na | $718,000 | |
| Previous Owner | Lasalle Bank National Assn | $310,000 | |
| Previous Owner | Marche Robert S | $270,000 | |
| Previous Owner | Richards Lawrence F | $170,437 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $620,000 | 0.0% | -- |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | -- | -- | -- |
| 02/16/2022 02/16/22 | Off Market | $620,000 | -- | -- |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 02/13/2022 02/13/22 | For Sale | $626,000 | +33.2% | -- |
| 11/13/2020 11/13/20 | Sold | $470,000 | -5.7% | -- |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $498,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $12,180 | $145,419 | $52,395 | $93,024 |
| 2022 | $13,430 | $145,419 | $52,395 | $93,024 |
| 2021 | $13,666 | $145,419 | $52,395 | $93,024 |
| 2020 | $13,653 | $145,419 | $52,395 | $93,024 |
| 2019 | $13,974 | $145,419 | $52,395 | $93,024 |
| 2018 | $14,490 | $145,419 | $52,395 | $93,024 |
| 2017 | $15,021 | $145,419 | $52,395 | $93,024 |
| 2016 | $15,630 | $145,419 | $52,395 | $93,024 |
| 2015 | -- | $145,419 | $52,395 | $93,024 |
| 2014 | -- | $145,419 | $52,395 | $93,024 |
| 2013 | -- | $145,419 | $52,395 | $93,024 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Jakob
-
Teddy Dow
Buyer's Agent in 2022
Teddy Dow
Coldwell Banker Real Estate Group
(815) 483-0224
2 in this area
69 Total Sales
-
Philip Howell
Seller's Agent in 2020
Philip Howell
RE/MAX
(815) 228-4883
1 in this area
107 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11320620
APN: 30-07-09-324-026
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