1036 S River Rd Des Plaines, IL 60016
Estimated Value: $349,000 - $409,000
5
Beds
2
Baths
1,776
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Loft
- 2 Car Detached Garage
- Central Elementary School Rated A
About This Home
As of October 2018Bring Your Investors! PRICED TO SELL!!! Rare opportunity to own a newly remodeled 2 unit investment property in the Center of Des Plaines, Walking Distance to the Metra! Great School District, Great Location, Live in 1 unit, rent the other and just count the cash! Current owner has owned the building and been renting for 10 years. None of the units have ever been vacant for more than 2 weeks! Great Investment Opportunity. ROOF, WINDOWS, SIDING, replaced June 2012 - SEPARATE FURNACES and WATER HEATERS FOR BOTH TENANTS! Both units have their own Washer and Dryer! Building also has a HUGE unfinished Attic with unlimited possibilities! Garage sold AS-IS
Last Agent to Sell the Property
Coldwell Banker Realty License #475128214 Listed on: 07/05/2018
Last Buyer's Agent
Jarrod Enright
Redfin Corporation License #475156402
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,617
Year Built
- Built in 1880 | Remodeled in 2012
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 77x155
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Cape Cod Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Loft
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
- Net Operating Income $20,496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2018
Closed on
Oct 15, 2018
Sold by
Tovstanovsky Alex
Bought by
Berezhny Zachary
Seller's Agent
Maureen Hale
Coldwell Banker Realty
Buyer's Agent
Jarrod Enright
Redfin Corporation
List Price
$249,900
Sold Price
$243,500
Premium/Discount to List
-$6,400
-2.56%
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,821
Avg. Annual Appreciation
6.77%
Original Mortgage
$215,000
Outstanding Balance
$189,403
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$186,918
Purchase Details
Closed on
May 2, 2007
Sold by
Fremont Investment & Loan
Bought by
Tovstanovsky Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.54%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 13, 2006
Sold by
Margarijo Francisco O and Margarijo Francisco
Bought by
Fremont Investment & Loan
Purchase Details
Closed on
Jul 21, 2005
Sold by
Freund James G and Freund Tracy M
Bought by
Margarijo Francisco O and Margarijo Gina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
8.2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 22, 1998
Sold by
Woytych Patrick Edward and Woytych Linda A
Bought by
Freund James G and Freund Tracy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
7.18%
Purchase Details
Closed on
Sep 21, 1994
Sold by
Woytych Patrick Edward and Woytych Patrick E
Bought by
Woytych Patrick Edward and Woytych Linda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,117
Interest Rate
8.6%
Mortgage Type
Assumption
Similar Home in Des Plaines, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berezhny Zachary | $243,500 | Chicago Title | |
| Tovstanovsky Alex | $200,000 | Fatic | |
| Fremont Investment & Loan | -- | None Available | |
| Margarijo Francisco O | $259,000 | Pntn | |
| Freund James G | $135,000 | -- | |
| Woytych Patrick Edward | -- | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berezhny Zachary | $215,000 | |
| Previous Owner | Tovstanovsky Alex | $140,939 | |
| Previous Owner | Tovstanovsky Alex | $150,000 | |
| Previous Owner | Tovstanovsky Alex I | $97,500 | |
| Previous Owner | Tovstanovsky Alex | $150,000 | |
| Previous Owner | Margarijo Francisco O | $12,950 | |
| Previous Owner | Margarijo Francisco O | $233,100 | |
| Previous Owner | Freund James G | $168,000 | |
| Previous Owner | Freund James G | $393,000 | |
| Previous Owner | Freund James G | $131,750 | |
| Previous Owner | Freund James G | $131,135 | |
| Previous Owner | Woytych Patrick Edward | $56,117 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2018 10/16/18 | Sold | $243,500 | -2.6% | $137 / Sq Ft |
| 08/17/2018 08/17/18 | Pending | -- | -- | -- |
| 07/05/2018 07/05/18 | For Sale | $249,900 | -- | $141 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,295 | $24,000 | $6,286 | $17,714 |
| 2023 | $5,295 | $24,000 | $6,286 | $17,714 |
| 2022 | $5,295 | $24,000 | $6,286 | $17,714 |
| 2021 | $5,652 | $21,717 | $5,107 | $16,610 |
| 2020 | $5,625 | $21,717 | $5,107 | $16,610 |
| 2019 | $5,571 | $24,131 | $5,107 | $19,024 |
| 2018 | $5,764 | $22,710 | $4,518 | $18,192 |
| 2017 | $5,680 | $22,710 | $4,518 | $18,192 |
| 2016 | $5,617 | $22,710 | $4,518 | $18,192 |
| 2015 | $4,904 | $18,846 | $3,929 | $14,917 |
| 2014 | $4,817 | $18,846 | $3,929 | $14,917 |
| 2013 | $4,680 | $18,846 | $3,929 | $14,917 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen Hale
Seller's Agent in 2018
Maureen Hale
Coldwell Banker Realty
(630) 300-8955
1 in this area
106 Total Sales
-
Buyer's Agent in 2018
Jarrod Enright
Redfin Corporation
(312) 519-1413
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10007576
APN: 09-21-101-019-0000
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