NOT LISTED FOR SALE

1104 E Lincoln Hwy Dekalb, IL 60115

Estimated Value: $153,000 - $244,000

5 Beds
3 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $101,500

Est. 82% increase in value since last sale

Current estimated payment $1,253/month

3 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Heating System Uses Steam

About This Home

As of October 2020

Excellent income potential from this large 3 unit. Large 3 bedroom apartment on the entire first floor with basement access currently owner occupied. Hardwood floors throughout. Estimated rent in the $850 to $1000 range or great for owner occupied. Second floor has 2 - one bedroom apartments. Upper rear (#2) is rented for $650 and Upper front (#1) is currently held vacant to allow easy showings. Could also rent in the $650 range. $25000 - $26000 total annual rent possible. Each unit has separate electric meters. One newer gas fired boiler for hot water heat that owner pays. One water meter that owner pays. New gutters and boiler both new in 2018. Good usable basement with finished hobby room and washer/dryer. Great opportunity to live on the main level and have rents pay your costs.

Last Agent to Sell the Property

Gerald Wahlstrom

Century 21 Circle License #475074884 Listed on: 09/30/2020

Century 21 Circle

Last Buyer's Agent

Sandy Hunter

@properties Christie's International Real Estate License #475122808

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1884

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x157
  • Corner Lot
  • Paved or Partially Paved Lot
  • Legal Non-Conforming

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Alley Access
  • On-Street Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Porch

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $1,400
  • Insurance Expense $1,640
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,621

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1884
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Sump Pump
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 98000
  • Lot Features: Corner Lot, Legal Non-Conforming
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Alley, Side Apron, Alley Access
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 2400

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X157
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • Fuel Expense: 1400
  • Insurance Expense: 1640
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 2620.7
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Anderson David
Bought by
Dka Ventures I Llc
Current Estimated Value
$184,455

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 15, 2020
Sold by
Kim Susan Hai
Bought by
Anderson David
Seller's Agent
Gerald Wahlstrom
Century 21 Circle
Buyer's Agent
Sandy Hunter
@properties Christie's International Real Estate
List Price
$98,000
Sold Price
$101,500
Premium/Discount to List
$3,500
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
May 18, 2005
Sold by
Brayton Patricia M
Bought by
Kim Susan Hai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dka Ventures I Llc -- Attorney
Anderson David $101,500 Chicago Title
Kim Susan Hai $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Susan Hai $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $101,500 +3.6% --
10/03/2020 10/03/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $98,000 -- --
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 $3,294 $40,140 $9,214 $30,926
2023 $3,294 $34,999 $8,034 $26,965
2022 $3,229 $31,954 $9,169 $22,785
2021 $3,317 $29,970 $8,600 $21,370
2020 $2,701 $29,492 $8,463 $21,029
2019 $2,621 $28,333 $8,130 $20,203
2018 $5,505 $46,418 $7,854 $38,564
2017 $5,558 $44,620 $7,550 $37,070
2016 $5,496 $43,493 $7,359 $36,134
2015 -- $41,210 $6,973 $34,237
2014 -- $41,740 $10,090 $31,650
2013 -- $43,845 $10,599 $33,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10887567

Midwest Real Estate Data (MRED)

APN: 08-23-411-001