Seller's Agent in 2018
Daniel Merrion
Coldwell Banker Realty
(312) 208-9800
99 Total Sales
110 W Park St Elwood, IL 60421
25
Beds
--
Bath
--
Sq Ft
1.03
Acres
About This Home
As of April 2018Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent RA, a one percent loan for purchase and a $50, 000 grant for purchase expenses. APPROVED SALE PRICE, offered first to non-profits locally, then nationally. subject USDA rural Development Rules- contact us for program outlines and requirements. Property is very stable 2-story apartment complex. This secure property has a total of 16 apartments comprised of 8 one-bedroom units and 8 two-bedroom units. Please note: Local non-profit organizations and public agencies have priority over regional and national non-profit organizations and public agencies.
Last Agent to Sell the Property
Coldwell Banker Realty License #471018576 Listed on: 04/18/2017
Co-Listed By
Brian Merrion
City Point Realty LLC License #471008892
Last Buyer's Agent
Garrett Luehrs
Compass
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,278
Year Built
- Built in 1986
Lot Details
- 1.03
Home Design
- Cluster Home
Interior Spaces
- 25 Bedrooms
- 2-Story Property
Additional Features
- 1.03 Acre Lot
- Baseboard Heating
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $1
- Fuel Expense $2,500
- Insurance Expense $2,990
- Maintenance Expense $7,665
- Other Expense $24,868
- Trash Expense $2,851
- Water Sewer Expense $2,395
- Operating Expense $44,773
- Gross Income $66,436
- Net Operating Income $24,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2017
Closed on
Apr 9, 2018
Sold by
Municipal Tr Savings Bank
Bought by
First Midwest Bank and 9398 Trust
Seller's Agent
Daniel Merrion
Coldwell Banker Realty
Buyer's Agent
Garrett Luehrs
Compass
List Price
$700,000
Sold Price
$700,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$137,859
Interest Rate
4.45%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Midwest Bank | $550,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | First Midwest Bank | $430,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2018 04/23/18 | Sold | $700,000 | 0.0% | -- |
| 12/21/2017 12/21/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | For Sale | $700,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $5,525 | $80,216 | $28,750 | $51,466 |
| 2022 | $6,093 | $80,216 | $28,750 | $51,466 |
| 2021 | $6,093 | $80,216 | $28,750 | $51,466 |
| 2020 | $6,073 | $80,216 | $28,750 | $51,466 |
| 2019 | $6,325 | $80,216 | $28,750 | $51,466 |
| 2018 | $6,287 | $77,303 | $28,750 | $48,553 |
| 2017 | $6,442 | $77,303 | $28,750 | $48,553 |
| 2016 | $6,515 | $77,303 | $28,750 | $48,553 |
| 2015 | $9,273 | $108,668 | $28,750 | $79,918 |
| 2014 | $9,273 | $108,668 | $28,750 | $79,918 |
| 2013 | $9,273 | $108,668 | $28,750 | $79,918 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Merrion
-
B
Seller Co-Listing Agent in 2018
Brian Merrion
City Point Realty
-
G
Buyer's Agent in 2018
Garrett Luehrs
Compass
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09598336
APN: 10-11-29-107-010
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