NOT LISTED FOR SALE

1031 S Washington St Lockport, IL 60441

Estimated Value: $277,267 - $320,000

6 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold April 01, 2016

Last sale price $120,000

Est. 141% increase in value since last sale

Current estimated payment $2,237/month

241 Days on Market

Highlights

  • Corner Lot
  • Screened Porch
  • Forced Air Heating System
  • Milne Grove Elementary School Rated A-

About This Home

As of April 2016

3 unit in the Heart of Lockport. Brand new Roof on entire building~! Unit 1:Large 3 bedroom w/2 levels, screen back porch, big closets, small loft, large bath w/surround. Unit 2: 2 bedroom w/ front porch original woodwork. Unit 3: Studio with new bath/carpeting/paint. Walking distance to METRA Train, Schools & Shopping. Currently on month to month leases. Great Money Maker!

Last Agent to Sell the Property

LAURA OREMUS

Coldwell Banker Real Estate Group License #471010416 Listed on: 07/07/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

LAURA OREMUS

Coldwell Banker Real Estate Group License #471010416 Listed on: 07/07/2015

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,048

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 100
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Masonite

Interior Spaces

  • Screened Porch

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units
  • 3 Unit

Building Details

  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,048

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished,Cellar,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened
  • List Price: 145000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 90 X 100
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • GrossIncome: 26000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4048
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Spring Stone Capital Management Llvc
Bought by
Agape Investments Llc
Current Estimated Value
$289,047

Purchase Details

Listed on
Jul 7, 2015
Closed on
Mar 29, 2016
Sold by
Pasdertz Martin and Pasdertz Susan
Bought by
Spring Stone Capital Management Llc
Seller's Agent
LAURA OREMUS
Coldwell Banker Real Estate Group
Buyer's Agent
LAURA OREMUS
Coldwell Banker Real Estate Group
List Price
$159,000
Sold Price
$120,000
Premium/Discount to List
-$39,000
-24.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
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
Agape Investments Llc $138,800 Precision Title Co
Spring Stone Capital Management Llc $120,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agape Investments Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $120,000 -17.2% --
03/04/2016 03/04/16 Pending -- -- --
10/26/2015 10/26/15 Price Changed $145,000 -5.8% --
08/11/2015 08/11/15 Price Changed $154,000 -3.1% --
07/07/2015 07/07/15 For Sale $159,000 -- --
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
2023 $7,854 $82,123 $19,886 $62,237
2022 $7,052 $76,606 $18,550 $58,056
2021 $6,710 $71,992 $17,433 $54,559
2020 $6,554 $69,625 $16,860 $52,765
2019 $6,250 $65,995 $15,981 $50,014
2018 $5,919 $61,010 $14,774 $46,236
2017 $5,503 $55,380 $13,411 $41,969
2016 $4,596 $51,087 $12,372 $38,715
2015 $4,029 $44,506 $11,002 $33,504
2014 $4,029 $42,794 $10,579 $32,215
2013 $4,029 $43,667 $10,795 $32,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08974877

Midwest Real Estate Data (MRED)

APN: 11-04-23-334-015