NOT LISTED FOR SALE

1101 Ridgeway Ave Aurora, IL 60506

University Neighbors Neighborhood

Estimated Value: $355,000 - $490,162

6 Beds
6 Baths
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: August 28, 2014

Last sale price $225,000

Est. 96% increase in value since last sale

Current estimated payment $3,092 / mo

23 Days on Market

About This Home

As of August 2014

BANK OWNED! This Multi-unit Offers 6 spacious units. Two 2 bedroom units,Two 1 bedroom Units and 2 studio Units..One unit was recently rehabbed. One of the Units is a separate building on the same Lot. The main Building has 5 units.LDY in Basement! Tenants Pay Gas & Electric! There is plenty of parking! GREAT LOCALE only min to I-88,Metra,shops and schools!Very Nice Investment Property

Last Agent to Sell the Property

Martha Corral

Century 21 Circle - Aurora License #475122778 Listed on: 06/09/2014

Century 21 Circle - Aurora

Last Buyer's Agent

Barbara Illg

Club Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,964

Year Built

  • Built in 1929

Lot Details

  • 0.26

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms

Parking

  • 14 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 71x161

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,964

Year Built

Built in 1929

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove
  • AppliancesAndFeatures: Stove

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 14
  • Number of Cars: 14
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 71X161
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6963.98
  • Tax Year: 2012

Multi Family

  • Units in Building: 6
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,Coach House

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
Jun 9, 2014
Closed on
Jul 29, 2014
Sold by
Bought by
Seller's Agent
Martha Corral
Century 21 Circle - Aurora
Buyer's Agent
Barbara Illg
Club Group LLC
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Current Estimated Value
$440,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,541
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,800,262
Outstanding Balance
$1,336,127
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$895,586

Purchase Details

Closed on
Apr 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 2005
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
$375,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1996
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
$177,600
Interest Rate
8.5%

Purchase Details

Closed on
May 10, 1996
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
$177,600
Interest Rate
8.5%
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$225,000 Chicago Title Insurance Co
-- None Available
$370,000 First American Title
$222,000 Guaranty National Title
-- --
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 $1,800,262
Previous Owner $375,000
Previous Owner $177,600
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
08/28/2014 08/28/14 Sold $225,000 -13.5% --
07/02/2014 07/02/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $260,000 -- --
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 $8,725 $132,060 $11,099 $120,961
2023 $8,434 $117,995 $9,917 $108,078
2022 $8,030 $108,840 $9,048 $99,792
2021 $7,703 $101,332 $8,424 $92,908
2020 $7,340 $94,123 $7,825 $86,298
2019 $7,143 $87,207 $7,250 $79,957
2018 $7,184 $85,189 $6,706 $78,483
2017 $7,419 $85,269 $6,179 $79,090
2016 $6,628 $73,472 $5,297 $68,175
2015 -- $76,264 $4,555 $71,709
2014 -- $71,841 $4,186 $67,655
2013 -- $70,818 $4,126 $66,692
Source: Public Records

Agents Affiliated with this Home

  • Martha Corral

    Seller's Agent in 2014

    Martha Corral

    Century 21 Circle - Aurora

    (630) 989-7036

    1 in this area

    175 Total Sales

    Martha Corral
    Section Image

  • B

    Buyer's Agent in 2014

    Barbara Illg

    Club Group LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08639240

Midwest Real Estate Data (MRED)

APN: 15-29-227-030

Illinois Kane County Aurora 60506 University Neighbors

1101 Ridgeway Ave, Aurora, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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