NOT LISTED FOR SALE

Estimated Value: $277,000 - $365,053

3 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold February 16, 2022

Last sale price $225,000

Est. 37% increase in value since last sale

Current estimated payment $2,221/month

159 Days on Market

About This Home

As of February 2022

Not Your Average Two-Unit! Newly Renovated, Vacant, Two-Unit on Joliet's West Side. Expertly Maintained with new floors, new appliances, fresh paint, newly paved parking lot, new chimney liner, and a newer roof. The hard work is done, vacant and ready. Property also features a 5-CAR Detached garage. Apartment 1 (downstairs) could easily rent for $1200; Apartment 2 (upstairs) could easily rent for $750. This investment opportunity has a lot to offer. Truly turnkey and ready to go.

Last Listed By

Andrew Nordstrom

RE/MAX Ultimate Professionals License #475165337 Listed on: 08/04/2021

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 1915

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 102x134

Parking

  • 5 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,054

Year Built

Built in 1915

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Block
  • List Price: 265000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 12
  • 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
  • Water Source: Public

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.31
  • Lot Dimensions: 102X134
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 5054.36
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Dec 27, 2021
Sold by
Trust No 3277
Bought by
Alvarado Rosa
Seller's Agent
Andrew Nordstrom
RE/MAX Ultimate Professionals
Buyer's Agent
Sara Catlin
eXp Realty
Sold Price
$225,000
Total Days on Market
159
Current Estimated Value
$307,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,763
Avg. Annual Appreciation
10.02%
Original Mortgage
$220,924
Interest Rate
2.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2019
Sold by
First Midwest Bank
Bought by
Bank Of Pontiac and Trust No 3277

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bouquet Mark and Bouquet Tammy J
Bought by
First Midwest Bank and Trust #6949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1997
Sold by
Heritage Trust Company
Bought by
Bouquet Mark and Bouquet Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Va
Bought by
Bouquet Mark

Purchase Details

Closed on
Oct 1, 1994
Sold by
Mcdonald Cecilia M
Bought by
Eberhart Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,120
Interest Rate
8.53%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 1994
Sold by
Whited Judith J
Bought by
Mcdonald Cecilia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,120
Interest Rate
8.53%
Mortgage Type
VA

Purchase Details

Closed on
Dec 28, 1993
Sold by
Mcdonald Cecilia
Bought by
Whited Judith J and Attaway Judith J

Range of Values:

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Average Value
Not Available
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
Alvarado Rosa $225,000 First American Title
Bank Of Pontiac -- Attorney
First Midwest Bank $140,000 Chicago Title Insurance Co
Bouquet Mark -- --
Bouquet Mark -- --
Eberhart Terry J $106,000 --
Mcdonald Cecilia M -- --
Whited Judith J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Rosa $220,924
Previous Owner First Midwest Bank Na $93,291
Previous Owner First Midwest Bank $111,900
Previous Owner Bouquet Mark $108,000
Previous Owner Eberhart Terry J $108,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $225,000 0.0% --
01/11/2022 01/11/22 Pending -- -- --
01/11/2022 01/11/22 For Sale -- -- --
01/06/2022 01/06/22 Off Market $225,000 -- --
12/03/2021 12/03/21 Pending -- -- --
11/26/2021 11/26/21 For Sale -- -- --
11/14/2021 11/14/21 Pending -- -- --
10/02/2021 10/02/21 For Sale -- -- --
09/20/2021 09/20/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $295,000 -- --
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
2023 $5,980 $70,540 $28,377 $42,163
2022 $5,339 $63,808 $25,669 $38,139
2021 $5,601 $59,595 $23,974 $35,621
2020 $5,314 $56,595 $22,767 $33,828
2019 $5,054 $52,598 $21,159 $31,439
2018 $4,843 $48,603 $19,552 $29,051
2017 $4,564 $44,188 $17,776 $26,412
2016 $4,310 $40,100 $16,317 $23,783
2015 $4,104 $37,600 $15,300 $22,300
2014 $4,104 $37,400 $15,200 $22,200
2013 $4,104 $39,398 $16,899 $22,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11179427

Midwest Real Estate Data (MRED)

APN: 07-04-300-026