NOT LISTED FOR SALE

Estimated Value: $239,213 - $330,000

5 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: November 24, 2021

Last sale price $185,000

Est. 43% increase in value since last sale

Current estimated payment $1,915 / mo

10 Days on Market

About This Home

As of November 2021

MULTIPLE OFFERS RECEIVED! HIGHEST & BEST IS DUE 12PM ON MONDAY, 10/11/2021. LARGE 2 flat building for sale in Joliet! 1st FLOOR UNIT unit offers - 3 large bedrooms, living room, big kitchen, great front porch. Unit features hardwood floors and high ceilings. 1st floor is currently vacant; when occupied it brings $1250-1300 a month. 2nd FLOOR UNIT features 2 bedrooms, a living room, an eat-in kitchen, updated bathroom. 2nd floor is currently rented at $750 a month and has a m/m lease. Market rents for unit of this size are $850-950. The property has a 1 car attached garage. The basement offers some finished areas. Both units have access to the basement where the laundry is located. Tenants pay for gas and electricity; the owner pays for water. Needs some cosmetics and updates. When fully occupied, this building has the potential to produce 25-26k a year! Great investment! Live in one unit and rent the other, or buy as an investment!

Last Agent to Sell the Property

Irina Allison

Allison Towne Realty, Inc. License #471004840 Listed on: 10/02/2021

Last Buyer's Agent

Brennan Crick

eXp Realty License #475196110

eXp Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75x140

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,119

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 75X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4118.68
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 18, 2021
Sold by
Bought by
Seller's Agent
Irina Allison
Allison Towne Realty, Inc.
Buyer's Agent
Brennan Crick
eXp Realty
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$265,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,053
Avg. Annual Appreciation
7.92%
Original Mortgage
$175,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,550
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 Old Republic Title
$175,000 Greater Illinois Title Co
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $248,224
Closed $175,750
Previous Owner $149,911
Previous Owner $172,550
Previous Owner $15,000
Previous Owner $10,000
Previous Owner $83,000
Previous Owner $10,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $185,000 -2.6% --
10/13/2021 10/13/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $189,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,498 $69,955 $12,975 $56,980
2023 $5,189 $62,154 $11,528 $50,626
2022 $4,638 $56,223 $10,428 $45,795
2021 $4,371 $52,510 $9,739 $42,771
2020 $4,119 $49,867 $9,249 $40,618
2019 $3,877 $46,345 $8,596 $37,749
2018 $3,669 $42,825 $7,943 $34,882
2017 $3,402 $38,936 $7,222 $31,714
2016 $3,189 $35,674 $6,612 $29,062
2015 $3,026 $33,450 $6,200 $27,250
2014 $3,026 $33,250 $6,150 $27,100
2013 $3,026 $35,664 $6,828 $28,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11236215

Midwest Real Estate Data (MRED)

APN: 30-07-16-112-007

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