$470,000
SOLD NOV 13, 2020
12 Beds
6 Baths
-- Sq Ft
0.25 Acres

Recently Sold

6% Below List Price

8 Days on Market

About This Home

As of April 2022

Outstanding investment opportunity awaits- Fully rented, well maintained 6 unit with solid rental history. All units 2 bedroom , 1.5 bathrooms with basement. Front and rear private entry on all units. Updated roof , private parking. Rents include heat, water and garbage. Building is section 8 certified. Please email or call for additional information or questions. Great 1031 exchange opportunity, seller able to close quickly.

Last Agent to Sell the Property

Philip Howell

RE/MAX Top Properties License #475119140 Listed on: 09/08/2020

RE/MAX Top Properties

Last Buyer's Agent

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,180

Year Built

  • 1971

Community Details

  • Fuel Expense $3,232
  • Insurance Expense $1,477

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,180

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: 36-50 Years
  • Net Oper Income: 59955
  • Scavenger Expense: 801
  • Total Annual Exp: 10796
  • Total Annual Income: 70752
  • Total Monthly Income: 5896
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 12
  • Number Of Stories: 2
  • Estimated Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1971

Exterior Features

  • Acreage: 0.25

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 5050

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 235

Lot Info

  • Lot Dimensions: 121.6X84.4X131X87.7
  • Parcel Identification Number: 0070932402600000

Rental Info

  • Gross Rental Income: 70752
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3232
  • Insurance Expense: 1477

Tax Info

  • Taxes: 13973.9

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
Current Estimated Value
$762,061

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
9.97%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $685,000 Fidelity National Title
Warranty Deed $470,000 Fidelity National Title Ins
Quit Claim Deed -- Attorney
Deed -- Multiple
Deed $395,000 Chicago Title Insurance Co
Deed $395,000 --
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed $300,000 --
Interfamily Deed Transfer $226,000 --
Interfamily Deed Transfer -- --
Warranty Deed $195,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Previous Owner $1,046,250 Commercial
Previous Owner $790,000 Commercial
Previous Owner $830,000 Future Advance Clause Open End Mortgage
Previous Owner $364,000 Purchase Money Mortgage
Previous Owner $718,000 Commercial
Previous Owner $310,000 Purchase Money Mortgage
Previous Owner $270,000 Balloon
Previous Owner $170,437 Purchase Money Mortgage
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

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
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10850616

Midwest Real Estate Data (MRED)

APN: 30-07-09-324-026