NOT LISTED FOR SALE

1115 S Cross St Sycamore, IL 60178

3 Beds
2 Baths
1,400 Sq Ft
2.5 Acres

Last Sold March 21, 2023

Last sale price $800,000 $571 Per Sq Ft

205 Days on Market

Highlights

  • 2.5 Acre Lot
  • Balcony
  • Level Entry For Accessibility
  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Bedroom

About This Home

As of March 2023

32 Unit apartment complex in Sycamore, IL 16-1 bedroom units, 16-2 bedroom units. Tenants pay electric heat. Large 2.5 acre lot, 4 washers & 4 dryers are leased. Property in the USDA Rural Development Low Income Housing Program. Property is required to stay in the RD program until 2035. This RD program allows renting only to low income tenants. Rents are controlled. Profit limited to $4380 per year. Must be professionally managed. Purchase: NO NEW LOANS can be taken on this property. Buyer assumes current mortgage of (approx.$150K) and brings cash to closing equal to difference between purchase price and mortgage balance. See documents for details. Email Alex at c21alex@mhtc.net

Last Listed By

Alex Pfister

Century 21 Affiliated Pfister License #8624-90 Listed on: 12/20/2021

Century 21 Affiliated Pfister

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,613

Year Built

  • Built in 1984

Lot Details

  • 2.5

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 40 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Balcony
  • 2.5 Acre Lot

Community Details

  • 32 Units
  • Laundry Facilities
  • Net Operating Income $70,793

Listing and Financial Details

  • Assessor Parcel Number 09-05-105-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,613

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Status Detail: Sold
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Width of hallways 42"+
  • Items Excluded: Tenant's personal property
  • Miscellaneous: Shared laundry, Water Softener Owned, Internet - Cable
  • Noi Year: 2020
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Refrigerators: 32
  • Number Stoves: 32
  • Number Water Heaters: 4
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 40

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 121004

Schools

  • School District: Unknown
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Unknown

Lot Info

  • Estimated Aces: 2.5
  • Zoning: R-3 Multi

Rental Info

  • Total Income: 191797

Tax Info

  • Land Assessment: 41556
  • Improvements: 300742
  • Total Assessment: 342298
  • Assessment year: 2021
  • Net Taxes: 21613
  • Tax Year: 2021
  • Assessor Parcel Number: 09-05-105-006

Multi Family

  • Number Of1 Bedrooms: 16
  • Number Of2 Bedrooms: 16
  • Number Of Units: 32

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

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $800,000 0.0% $571 / Sq Ft
07/13/2022 07/13/22 Off Market $800,000 -- --
07/13/2022 07/13/22 Pending -- -- --
05/04/2022 05/04/22 Price Changed $885,000 -10.2% $632 / Sq Ft
01/27/2022 01/27/22 Price Changed $985,000 +31.3% $704 / Sq Ft
12/20/2021 12/20/21 For Sale $750,000 -- $536 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex Pfister

    Seller's Agent in 2023

    Alex Pfister

    Century 21 Affiliated Pfister

    (608) 437-3044

    1 in this area

    55 Total Sales

    Alex Pfister
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1925304

South Central Wisconsin Multiple Listing Service

Illinois DeKalb County Sycamore 60178

1115 S Cross St, Sycamore, IL

Homes for Sale in Sycamore, IL

This home is located at 1115 S Cross St, Sycamore, IL 60178 since 20 December 2021. This property was built in 1984. 1115 S Cross St is a home located in DeKalb County with nearby schools including Sycamore High School, St Mary's Catholic School, and Cornerstone Christian Academy.

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.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes