NOT LISTED FOR SALE

Estimated Value: $476,000 - $525,000

4 Beds
3 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 17, 2019

Last sale price $275,000

Est. 80% increase in value since last sale

Current estimated payment $3,495/month

16 Days on Market

Highlights

  • Corner Lot
  • Western Avenue Elementary School Rated 9+
  • 3 Car Detached Garage

About This Home

As of June 2019

Consistent money making 3 unit building in prime Gold Coast Geneva location. One-2 bed/1 bath unit and Two-1 bed / 1 bath units. Walking distance to Metra, downtown Geneva, parks, and close to bike trails. Units are in good condition. No remodeling work required. Long time owner has rents lower than current market value. Great property to either keep as investment property or live in now and rent other units. Tons of development in area. Corner lot, also great location for dream home now or later.

Last Agent to Sell the Property

Jeff Wojcik

North Clybourn Group, Inc. Listed on: 03/26/2019

Last Buyer's Agent

John Warren

Second City Real Estate License #471020680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,747

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 133
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Western Avenue Elementary School
  • Geneva Middle School
  • Geneva Community High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Breezeway
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,008
  • Water Sewer Expense $1,870
  • Gross Income $29,940
  • Net Operating Income $18,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,747

Lot Details

0

Parking

3

Listing Details

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

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space

Exterior Features

  • ExteriorFeatures: Storms/Screens, Breezeway
  • Foundation Details: Block
  • List Price: 299000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 1870

Schools

  • Elementary School: WESTERN AVENUE ELEMENTARY SCHOOL
  • High School: GENEVA COMMUNITY HIGH SCHOOL
  • Middle/Junior School: GENEVA MIDDLE SCHOOL
  • Middle/Junior School District: 304

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50 X 133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 18270
  • Insurance Expense: 2008
  • GrossIncome: 29940
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7747.38
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 17, 2019
Sold by
Habes Robert and Habes Catherine
Bought by
Jaeger Robert D and Jaeger Corinne R
Seller's Agent
Jeff Wojcik
North Clybourn Group, Inc.
Buyer's Agent
John Warren
Second City Real Estate
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$495,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,939
Avg. Annual Appreciation
10.31%
Original Mortgage
$192,500
Outstanding Balance
$152,838
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$353,478

Purchase Details

Closed on
Aug 14, 2015
Sold by
Habes Llc 1027 Fargo Series
Bought by
Habes Robert and Habes Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Habes Robert J and Habes Catherine A
Bought by
Habes Llc 1027 Fargo Series

Purchase Details

Closed on
Mar 11, 1995
Sold by
Perna David M and Perna Domenic
Bought by
Habes Robert J and Habes Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.97%
Source: Public Records

Range of Values:

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Average Value
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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
Jaeger Robert D $275,000 None Available
Habes Robert -- Attorney
Habes Llc 1027 Fargo Series -- None Available
Habes Robert J $170,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaeger Robert D $192,500
Previous Owner Habes Robert $147,000
Previous Owner Habes Robert J $233,000
Previous Owner Habes Robert J $75,000
Previous Owner Habes Robert J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $275,000 -8.0% --
04/11/2019 04/11/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $299,000 -- --
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
2024 $9,757 $128,223 $35,343 $92,880
2023 $9,563 $116,566 $32,130 $84,436
2022 $9,044 $108,313 $29,855 $78,458
2021 $8,795 $104,287 $28,745 $75,542
2020 $8,702 $102,695 $28,306 $74,389
2019 $8,687 $100,750 $27,770 $72,980
2018 $8,153 $94,693 $27,770 $66,923
2017 $7,747 $88,445 $27,029 $61,416
2016 $7,792 $87,250 $21,098 $66,152
2015 -- $82,953 $20,059 $62,894
2014 -- $82,953 $20,059 $62,894
2013 -- $82,953 $20,059 $62,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10320697

Midwest Real Estate Data (MRED)

APN: 12-10-307-012