NOT LISTED FOR SALE

1038 S Cross St Sycamore, IL 60178

Estimated Value: $182,000 - $221,194

4 Beds
2 Baths
-- Sq Ft
7,928 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $150,000

Est. 39% increase in value since last sale

Current estimated payment $1,549/month

25 Days on Market

About This Home

As of June 2022

Back on market due to buyer's financing. This fully rented duplex is a great investment opportunity! Turn key, ranch style units in quiet, residential area of Sycamore. Units feature wood laminate flooring, spacious rooms, off street parking, and great location. Beautiful backyard with a large storage shed. Tenants pay all utilities. Property being sold AS IS.

Last Listed By

Karen Townsend

Suburban Life Realty License #475152001 Listed on: 04/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,329

Year Built

  • Built in 1970

Lot Details

  • 7,928

Home Design

  • Duplex
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Lot Dimensions are 130x62
  • Heating Available

Community Details

  • 2 Units
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,329

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 149900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 427

Lot Info

  • Lot Dimensions: 130X62
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • GrossIncome: 18600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5329
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 28, 2022
Sold by
Rp Real Estate
Bought by
Fvir Rental Property Llc
Seller's Agent
Karen Townsend
Suburban Life Realty
Buyer's Agent
Kari Kohler
Coldwell Banker Realty
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Total Days on Market
25
Current Estimated Value
$208,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,049
Avg. Annual Appreciation
12.92%
Original Mortgage
$71,500
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2018
Sold by
Anderson Ryan and Anderson Christine
Bought by
Rp Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2017
Sold by
Borden Judith Bartholomew
Bought by
Anderson Ryan and Anderson Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Range of Values:

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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
Fvir Rental Property Llc $150,000 Chicago Title
Rp Real Estate Llc -- Kootenai County Title Co
Anderson Ryan $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fvir Rental Property Llc $200,000
Closed Fvir Rental Property Llc $71,500
Previous Owner Rp Real Estate Llc $3,000,000
Previous Owner Anderson Ryan $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $150,000 +0.1% --
05/04/2022 05/04/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $149,900 0.0% --
04/10/2022 04/10/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $149,900 -- --
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 $4,679 $56,000 $20,915 $35,085
2023 $4,679 $52,390 $19,567 $32,823
2022 $5,601 $59,892 $18,674 $41,218
2021 $5,430 $57,024 $17,780 $39,244
2020 $5,330 $55,245 $17,225 $38,020
2019 $5,150 $52,927 $16,502 $36,425
2018 $4,959 $50,054 $15,606 $34,448
2017 $4,812 $47,652 $14,857 $32,795
2016 $4,646 $44,785 $13,963 $30,822
2015 -- $42,056 $13,112 $28,944
2014 -- $40,478 $12,620 $27,858
2013 -- $41,946 $13,078 $28,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11369804

Midwest Real Estate Data (MRED)

APN: 09-05-102-002