Seller's Agent in 2022
Jason Rowland
Compass
(312) 927-1942
1 in this area
108 Total Sales
1016 E Division St Lombard, IL 60148
North Lombard NeighborhoodEstimated Value: $909,592
8
Beds
6
Baths
5,040
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Laundry Room
- Ardmore Elementary School Rated A-
- Baseboard Heating
About This Home
As of October 2022Attention Investors, a full masonry 6-flat in Lombard. Each layout offers a large floorplan with eat-in kitchens, oversized bedrooms, and Hardwood floors. Four of the units have had kitchen and bath updates, so options to renovate the remaining two apartments exist. Separate gas meters & hot water heaters - tenants pay for their hot water & cooking gas. Unit mix offers Two 2bed/1bath and four 1bed/1bath apartments. Great location backing up to Prairie Path ** Garage and laundry draw additional income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,167
Year Built
- Built in 1965
Lot Details
- 14,229 Sq Ft Lot
- Lot Dimensions are 85 x 168
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
Interior Spaces
- 5,040 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
Listing and Financial Details
- Tenant pays for hot water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $720
- Fuel Expense $1,800
- Insurance Expense $2,200
- Trash Expense $1,620
- Water Sewer Expense $2,700
- Operating Expense $27,407
- Gross Income $79,800
- Net Operating Income $42,807
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 27, 2026
Sold by
1016 East Division Llc and 912 East St Charles Llc
Bought by
Duke Investments Llc
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
$1,592,250
Outstanding Balance
$1,592,250
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$682,658
Purchase Details
Listed on
Oct 5, 2022
Closed on
Sep 28, 2022
Sold by
R & M Realty Management Llc
Bought by
1016 East Division Llc
Seller's Agent
Jason Rowland
Compass
Buyer's Agent
Samuel Meyer
Dwelle Realty LLC
List Price
$796,000
Sold Price
$759,245
Premium/Discount to List
-$36,755
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Purchase Details
Closed on
Nov 7, 2017
Sold by
Wackrow Thomas F and Wackrow Christine
Bought by
R & M Realty Management Llc
Purchase Details
Closed on
Apr 8, 2016
Sold by
Wackrow Thomas F and Wackrow Christine
Bought by
Wackrow Thomas F and The Thomas F Wackrow Trust
Purchase Details
Closed on
May 8, 2007
Sold by
Wackrow Marie T
Bought by
Wackrow Thomas F and Wackrow Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 1994
Sold by
Wackrow Marie T
Bought by
Wackrow Marie T and Marie T Wackrow Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duke Investments Llc | $2,123,000 | Chicago Title Company | |
| 1016 East Division Llc | $759,500 | Altima Title | |
| R & M Realty Management Llc | $557,000 | Chicago Title Insurance Comp | |
| Wackrow Thomas F | -- | Attorney | |
| Wackrow Thomas F | $600,000 | First American Title | |
| Wackrow Marie T | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duke Investments Llc | $1,592,250 | |
| Previous Owner | Wackrow Thomas F | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $759,245 | -4.6% | $151 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 10/05/2022 10/05/22 | For Sale | $796,000 | -- | $158 / Sq Ft |
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 | $20,067 | $272,502 | $45,776 | $226,726 |
| 2023 | $19,239 | $251,990 | $42,330 | $209,660 |
| 2022 | $15,679 | $207,640 | $44,320 | $163,320 |
| 2021 | $15,167 | $202,480 | $43,220 | $159,260 |
| 2020 | $14,873 | $198,040 | $42,270 | $155,770 |
| 2019 | $14,046 | $188,290 | $40,190 | $148,100 |
| 2018 | $13,974 | $178,230 | $38,040 | $140,190 |
| 2017 | $13,674 | $169,840 | $36,250 | $133,590 |
| 2016 | $13,555 | $160,000 | $34,150 | $125,850 |
| 2015 | $12,988 | $149,050 | $31,810 | $117,240 |
| 2014 | $12,319 | $140,610 | $30,010 | $110,600 |
| 2013 | $12,118 | $142,590 | $30,430 | $112,160 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Rowland
-
Samuel Meyer
Buyer's Agent in 2022
Samuel Meyer
Dwelle Realty LLC
(312) 685-2240
2 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11619253
APN: 06-09-304-003
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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