NOT LISTED FOR SALE

1112 Harmony Ave Mazon, IL 60444

Estimated Value: $288,000 - $324,000

8 Beds
4 Baths
-- Sq Ft
0.39 Acres

Last Sold January 14, 2021

Last sale price $225,000

Est. 35% increase in value since last sale

Current estimated payment $2,318/month

29 Days on Market

Highlights

  • Porch
  • Heating System Uses Steam
  • Level Lot

About This Home

As of January 2021

Excellent investment property. Four - 2 bedroom units. Building in very good condition. Off street parking. Two car garage rented separately for $125 month Tenants pay all utilities except water. Full basement. Fully rented. Prefer 48 hours notice. Listing agent must accompany. Very close to MVK School. No pets allowed. Easy access to Seneca Exelon plant, Rt 47, I-55 South 11 miles in Dwight, Rt 71 10 miles in Seneca. Centrally located.

Last Agent to Sell the Property

Joan Eslinger

Advantage Realty, Inc. License #471003332 Listed on: 10/18/2020

Last Buyer's Agent

Joan Eslinger

Advantage Realty, Inc. License #471003332 Listed on: 10/18/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 120x135
  • Level Lot

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Mazon-Verona-Kinsman Elementary School
  • Mazon-Verona-Kinsman Middle Scho
  • Seneca Elementary South Campus High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,760
  • Maintenance Expense $1,250
  • Manager Expense $2,934
  • Professional Management Expense $450
  • Water Sewer Expense $3,600
  • Gross Income $37,020
  • Net Operating Income $18,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,222

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 450
  • Year Built: 1960
  • Age: 51-60 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: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 240000
  • Lot Features: Level
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2934

Fee Information

  • Water Sewer Expenses: 3600
  • Other Expenses $: 1490

Schools

  • Elementary School: Mazon-Verona-Kinsman Elementary
  • High School: Seneca Elementary South Campus
  • Middle/Junior School: Mazon-Verona-Kinsman Middle Scho
  • Middle/Junior School District: 2C

Lot Info

  • Lot Dimensions: 120X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 18256
  • Insurance Expense: 2760
  • GrossIncome: 37020
  • Maintenance Expense: 1250
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6221.72
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Jan 8, 2021
Sold by
Crtmt Investments Llc
Bought by
First Midwest Bank Land Trust
Seller's Agent
Joan Eslinger
Advantage Realty, Inc.
Buyer's Agent
Joan Eslinger
Advantage Realty, Inc.
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$302,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,689
Avg. Annual Appreciation
5.70%
Original Mortgage
$168,750
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2019
Sold by
Tomala Christopher R and Tomala Marian
Bought by
Crtmt Investments Llc

Purchase Details

Closed on
Jul 17, 2018
Sold by
Tomala Christopher R and Tomala Marian
Bought by
Tomala Christipher R and Tomala Marian
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
First Midwest Bank Land Trust $225,000 None Available
Crtmt Investments Llc -- None Available
Tomala Christipher R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Midwest Bank Land Trust $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $225,000 -6.3% --
11/16/2020 11/16/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $240,000 -- --
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 $8,554 $93,845 $7,376 $86,469
2023 $7,857 $86,191 $6,774 $79,417
2022 $6,971 $76,471 $6,010 $70,461
2021 $6,720 $72,989 $5,736 $67,253
2020 $6,533 $70,712 $5,557 $65,155
2019 $6,222 $66,898 $5,257 $61,641
2018 $6,082 $66,766 $5,247 $61,519
2017 $5,972 $65,897 $5,179 $60,718
2016 $5,848 $64,535 $5,072 $59,463
2015 $2,798 $64,297 $5,053 $59,244
2014 $2,753 $63,623 $12,140 $51,483
2013 $2,805 $65,930 $12,580 $53,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10910379

Midwest Real Estate Data (MRED)

APN: 08-21-126-013