1113 State St Dekalb, IL 60115
Estimated Value: $178,000 - $196,000
4
Beds
2
Baths
--
Sq Ft
10,498
Sq Ft Lot
Highlights
- Screened Porch
- Enclosed Balcony
- Soaking Tub
- Lower Floor Utility Room
- 2 Car Detached Garage
- 4-minute walk to Liberty Park
About This Home
As of March 2022TWO UNIT INVESTOR READY or Live in one unit and collect Rent from the second unit. Oversized lot with spacious yard and extra large driveway for parking. Two car Garage sets off at the rear of the property. The garage has a new roof, siding, and new garage door. Tenants can easily park their cars on the property. 4-5 cars angled will comfortably fit on the driveway. The garage is spacious and could be used for storage, tenant parking, or rent it out for additional income. Newer roof and new gutters 2021. There is a front and back entrance for both units through the addon porch located on the right side of the building next to the driveway for access to the upper and lower units. This area leads into a large basement that has the laundry and storage for tenants and landlord. Newer furnace and water heater. Each unit has an existing lease that expires August 31, 2022. Each unit has a separate electrical meter in their name and they are responsible to pay each month. The gas and water/garbage/sewer is their responsibility also, but the bills come to the landlord and they are calculated as to their share of the utility which is added to their rent amount. Both units have had updating including new flooring(carpet and planking), vanities in each bathroom. Upstairs unit's walls were replaced with drywall and paint. This unit also has a porch at the top of the stairs for storage or another lounging area. This does not have heat. It also has two nice sized bedrooms, eat in kitchen, living room, and bath. The small window in the living room was replaced this past year. No AC in either unit because of the one furnace and there are electric meters for each unit that they pay. (Tenants supply their own AC units as they are responsible for their electric bill). The first floor unit is very spacious with eat in kitchen, dining room, living room, and 2 bedrooms. New windows on the West side of the house. Front porch is also a plus for a tenant. The main large window in the porch area is old and a window is being left in the garage free for the future landlord if one wishes to change it out. The basement houses the coin operated washing machine and dryer for the tenant. The area is dry and spacious. Fresh paint on the main level. This is a great opportunity for investment. Sold as is.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475134323 Listed on: 01/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,485
Lot Details
- Lot Dimensions are 70x150
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Additional Parking
- Parking Included in Price
Home Design
- Block Foundation
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Screened Porch
- Lower Floor Utility Room
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
- Soaking Tub
- Shower Body Spray
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Additional Features
- Enclosed Balcony
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Insurance Expense $650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2022
Closed on
Mar 31, 2022
Sold by
Johnson Phyllis M
Bought by
Smith Linda L and Swanson Shelley A
Seller's Agent
Linda Smith
Coldwell Banker Real Estate Group
Buyer's Agent
Cary Nelsen
Weichert REALTORS Signature Professionals
List Price
$149,000
Sold Price
$148,000
Premium/Discount to List
-$1,000
-0.67%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,072
Avg. Annual Appreciation
8.67%
Original Mortgage
$73,000
Outstanding Balance
$61,583
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$131,526
Similar Homes in Dekalb, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Linda L | $148,000 | Ullrich Law Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Linda L | $73,000 | |
| Previous Owner | Johnson Robert E | $200,000 | |
| Previous Owner | Johnson Robert E | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $148,000 | -0.7% | -- |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $149,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $5,329 | $64,933 | $11,228 | $53,705 |
| 2023 | $5,329 | $56,616 | $9,790 | $46,826 |
| 2022 | $5,224 | $51,690 | $11,173 | $40,517 |
| 2021 | $5,365 | $48,480 | $10,479 | $38,001 |
| 2020 | $5,486 | $47,707 | $10,312 | $37,395 |
| 2019 | $5,378 | $45,833 | $9,907 | $35,926 |
| 2018 | $5,252 | $44,279 | $9,571 | $34,708 |
| 2017 | $5,302 | $42,563 | $9,200 | $33,363 |
| 2016 | $5,243 | $41,489 | $8,968 | $32,521 |
| 2015 | -- | $39,311 | $8,497 | $30,814 |
| 2014 | -- | $41,459 | $12,294 | $29,165 |
| 2013 | -- | $43,550 | $12,914 | $30,636 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Smith
Seller's Agent in 2022
Linda Smith
Coldwell Banker Real Estate Group
(815) 751-2937
15 in this area
24 Total Sales
-
Cary Nelsen
Buyer's Agent in 2022
Cary Nelsen
Weichert REALTORS Signature Professionals
(815) 761-7175
11 in this area
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11307869
APN: 08-23-276-020
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