NOT LISTED FOR SALE

1014 Elgin Ave Joliet, IL 60432

Belmont Neighborhood

Estimated Value: $155,058 - $197,000

4 Beds
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $150,000

Est. 16% increase in value since last sale

Current estimated payment $1,258/month

21 Days on Market

About This Home

As of June 2022

ATTENTION INVESTORS !! 2 UNIT Multi- family property . 1st and 2nd floor unit offers 2 bed, 1 bath, kitchen, formal dining room and living room Don't miss the opportunity to Own this Great income generating property in Joliet ! Both units are currently leased. Month to Month Tenants , Close to shopping, dining and public transportation!

Last Agent to Sell the Property

Coral Ortega

Casa Moderna Real Estate License #471021185 Listed on: 03/10/2022

Last Buyer's Agent

Coral Ortega

Casa Moderna Real Estate License #471021185 Listed on: 03/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Bathroom

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,970 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 3012
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 3671.26
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 26, 2022
Sold by
Olivia Gonzalez
Bought by
Ocampo Brian
Seller's Agent
Coral Ortega
Casa Moderna Real Estate
Buyer's Agent
Coral Ortega
Casa Moderna Real Estate
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$173,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,515
Avg. Annual Appreciation
3.91%
Original Mortgage
$153,450
Outstanding Balance
$144,981
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$28,534

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 4, 2015
Sold by
Fannie Mae
Bought by
Gonzalez Olivia and Gonzalez Manuel
Seller's Agent
Joy Wolf
RE/MAX 10
Buyer's Agent
Rose Camareno
Tiered Real Estate
List Price
$41,500
Sold Price
$44,500
Premium/Discount to List
$3,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%

Purchase Details

Closed on
Mar 9, 2015
Sold by
Robles Teresa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2015
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 5, 2015
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 16, 2005
Sold by
Robles Eliseo and Martinez Teresa
Bought by
Robles Eliseo and Robles Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
9.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1993
Sold by
Mounce Gordon L
Bought by
Robles Eliseo and Martinez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
7.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 1989
Bought by
Robles Eliseo Te
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocampo Brian $150,000 Fidelity National Title
Gonzalez Olivia $44,500 Attorney
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc $116,486 None Available
Robles Eliseo -- U S World Title Services Llc
Robles Eliseo $48,000 --
Robles Eliseo Te $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Brian $153,450
Previous Owner Robles Eliseo $75,500
Previous Owner Robles Eliseo $48,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $150,000 -6.3% --
04/01/2022 04/01/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $160,000 +259.6% --
06/22/2015 06/22/15 Sold $44,500 +7.2% -- View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $41,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,136 $58,069 $8,528 $49,541
2023 $4,136 $51,594 $7,577 $44,017
2022 $4,299 $46,670 $6,854 $39,816
2021 $4,090 $43,588 $6,401 $37,187
2020 $3,907 $41,394 $6,079 $35,315
2019 $3,671 $38,471 $5,650 $32,821
2018 $3,527 $35,549 $5,221 $30,328
2017 $3,381 $32,320 $4,747 $27,573
2016 $3,209 $29,436 $4,373 $25,063
2015 -- $27,600 $4,100 $23,500
2014 -- $27,500 $4,100 $23,400
2013 -- $30,016 $4,569 $25,447
Source: Public Records

Agents Affiliated with this Home

  • Coral Ortega

    Seller's Agent in 2022

    Coral Ortega

    Casa Moderna Real Estate

    (815) 630-1689

    12 in this area

    301 Total Sales

    Coral Ortega
    Section Image
  • Joy Wolf

    Seller's Agent in 2015

    Joy Wolf

    RE/MAX 10

    (815) 931-0975

    62 Total Sales

    Joy Wolf
    Section Image

  • R

    Buyer's Agent in 2015

    Rose Camareno

    Tiered Real Estate

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11343424

Midwest Real Estate Data (MRED)

APN: 30-07-11-103-007

Illinois Will County Joliet 60432 Belmont

1014 Elgin Ave, Joliet, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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