NOT LISTED FOR SALE

1115 Grove St Dekalb, IL 60115

Estimated Value: $121,000 - $343,000

8 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold January 27, 2023

Last sale price $280,000

Est. 8% decrease in value since last sale

Current estimated payment $1,930/month

Highlights

  • Deck
  • Balcony
  • 4 Car Detached Garage
  • Corner Lot

About This Home

As of January 2023

Don't miss out on a great investment opportunity! This four-unit property is fully occupied with variable leases. Each unit includes 2 bedrooms, 1 bath, kitchen and living room space. All units have individual balcony/deck off of unit. All units have same, mirrored floor plan. Accessible coin laundry located in basement and shared by all units. Four car detached garage and adequate parking on property for vehicles. Great rental history!

Last Agent to Sell the Property

Michelle Ohlinger

American Realty Listed on: 01/14/2023

Last Buyer's Agent

Mark Martinez

Coldwell Banker Real Estate Group License #475112137

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 1938

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x166
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,712

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • 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
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 260000
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Number of Cars: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 66X166
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 6712.16
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Jan 25, 2023
Sold by
Lloyd J Hoekstra Trust
Bought by
Vazquez Jose A
Seller's Agent
Michelle Ohlinger
American Realty
Buyer's Agent
Mark Martinez
Coldwell Banker Real Estate Group
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Views
60
Current Estimated Value
$258,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,821
Avg. Annual Appreciation
-2.97%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Hoekstra Lloyd J and Hoekstra Dorothy S
Bought by
Hoekstra Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vazquez Jose A $280,000 --
Hoekstra Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $280,000 +7.7% --
01/15/2023 01/15/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $260,000 -- --
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 $6,668 $81,238 $10,588 $70,650
2023 $6,668 $70,833 $9,232 $61,601
2022 $6,535 $64,670 $10,536 $54,134
2021 $6,712 $60,655 $9,882 $50,773
2020 $6,864 $59,688 $9,724 $49,964
2019 $6,729 $57,343 $9,342 $48,001
2018 $6,570 $55,398 $9,025 $46,373
2017 $6,633 $53,252 $8,675 $44,577
2016 $6,560 $51,908 $8,456 $43,452
2015 -- $49,183 $8,012 $41,171
2014 -- $48,334 $11,593 $36,741
2013 -- $50,770 $12,177 $38,593
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11701108

Midwest Real Estate Data (MRED)

APN: 08-23-411-012