NOT LISTED FOR SALE

106 E Parker St Gardner, IL 60424

Estimated Value: $271,000 - $864,000

10 Beds
4 Baths
-- Sq Ft
0.61 Acres

Last Sold September 17, 2018

Last sale price $170,000

Est. 173% increase in value since last sale

Current estimated payment $3,119/month

89 Days on Market

About This Home

As of September 2018

Great rental property with excellent cash flow. Over $30,000 a year in gross income. Tenants pay for their own heat and electric. Very low maintenance building with all of the interior units up-to-date. Nothing to do here but collect the rent. Very close to the highway and schools. Excellent rental history!!!

Last Agent to Sell the Property

Paul Horvath

Real People Realty License #475139445 Listed on: 04/18/2018

Real People Realty

Last Buyer's Agent

Jenny Ratliff

Village Realty, Inc. License #471008164

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1996

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 135 x 200 x 135 x 199

Home Design

  • Slab Foundation
  • Metal Roof
  • Steel Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Gardner Elementary School
  • Gardner-South Wilmington Twp H S High School

Utilities

  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $32,640
  • Net Operating Income $27,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,873

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1996
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Parking Features: Unassigned, Visitor Parking
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 5000

Schools

  • Elementary School: GARDNER ELEMENTARY SCHOOL
  • High School: GARDNER-SOUTH WILMINGTON TWP H S
  • Middle/Junior School: GARDNER ELEMENTARY SCHOOL

Lot Info

  • Lot Size Acres: 0.61
  • Lot Dimensions: 135 X 200 X 135 X 199
  • Zoning: OTHER
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • TenantPays: Electric,Heat

Multi Family

  • Net Operating Income: 27640
  • GrossIncome: 32640
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,1 Story Unit/s

Tax Info

  • Tax Annual Amount: 5873.28
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Sep 17, 2018
Sold by
Holzinger Dieter
Bought by
Younglove Mark W and Younglove Cathy A
Seller's Agent
Paul Horvath
Real People Realty
Buyer's Agent
Jenny Ratliff
Village Realty, Inc.
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%
Current Estimated Value
$463,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,946
Avg. Annual Appreciation
14.62%
Original Mortgage
$127,500
Outstanding Balance
$113,240
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$350,706
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Younglove Mark W $170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Younglove Mark W $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $170,000 -10.0% --
07/16/2018 07/16/18 Pending -- -- --
07/05/2018 07/05/18 Price Changed $188,850 0.0% --
06/21/2018 06/21/18 Price Changed $188,900 0.0% --
06/07/2018 06/07/18 Price Changed $188,950 0.0% --
05/24/2018 05/24/18 Price Changed $189,000 -2.6% --
05/10/2018 05/10/18 Price Changed $194,000 -2.5% --
05/03/2018 05/03/18 Price Changed $198,950 0.0% --
04/18/2018 04/18/18 For Sale $199,000 -- --
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 $7,880 $96,137 $12,427 $83,710
2023 $7,008 $85,501 $11,052 $74,449
2022 $6,377 $77,806 $10,057 $67,749
2021 $6,275 $72,955 $9,430 $63,525
2020 $6,102 $70,549 $9,119 $61,430
2019 $5,923 $66,744 $8,627 $58,117
2018 $5,927 $66,141 $8,549 $57,592
2017 $5,873 $65,799 $8,505 $57,294
2016 $6,126 $68,349 $8,835 $59,514
2015 $6,215 $69,787 $9,021 $60,766
2014 $6,158 $69,055 $8,926 $60,129
2013 $6,210 $71,560 $9,250 $62,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09920810

Midwest Real Estate Data (MRED)

APN: 12-09-252-002