Seller's Agent in 2021
Lance Kammes
RE/MAX Suburban
(630) 868-6315
29 in this area
873 Total Sales
112 N Chase St Wheaton, IL 60187
Downtown Wheaton Neighborhood
Studio
5
Baths
2,000
Sq Ft
5,537
Sq Ft Lot
About This Home
As of August 2021AWESOME OPPORTUNITY! Rarely available 5 unit (all studios), 1 block south of Wheaton College. Fully occupied (3 tenants have been there 15+ years) Smallest unit is leasing at $850/month, the other 4 at $700/month, which lends to a value add opportunity. Roof is 5 years old, hot water heater approximately 4 years, asphalt drive installed in 2020 (5 parking spaces). This will not last long!
Last Agent to Sell the Property
RE/MAX Suburban License #475090263 Listed on: 05/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,647
Year Built
- Built in 1963
Lot Details
- 5,537 Sq Ft Lot
- Lot Dimensions are 12 x 170 x 55 x 164
Home Design
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 5 Bathrooms
- 2,000 Sq Ft Home
- 1-Story Property
Utilities
- Window Unit Cooling System
- Radiant Heating System
- 100 Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity, varies by tenant
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $207
- Fuel Expense $1,083
- Insurance Expense $2,694
- Maintenance Expense $289
- Water Sewer Expense $2,652
- Operating Expense $18,159
- Gross Income $43,800
- Net Operating Income $25,641
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $480,000 | -1.8% | $240 / Sq Ft | |
| 05/24/2021 05/24/21 | For Sale | -- | -- | -- | |
| 05/22/2021 05/22/21 | Pending | -- | -- | -- | |
| 05/19/2021 05/19/21 | For Sale | $489,000 | +28.7% | $245 / Sq Ft | |
| 09/05/2019 09/05/19 | Sold | $380,000 | +1.3% | $190 / Sq Ft | View Prior Sale |
| 07/12/2019 07/12/19 | Pending | -- | -- | -- | |
| 07/08/2019 07/08/19 | For Sale | $375,000 | -- | $188 / Sq Ft |
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 | $7,185 | $111,475 | $18,045 | $93,430 |
| 2023 | $6,934 | $102,610 | $16,610 | $86,000 |
| 2022 | $9,696 | $140,010 | $40,510 | $99,500 |
| 2021 | $9,674 | $136,690 | $39,550 | $97,140 |
| 2020 | $9,648 | $135,410 | $39,180 | $96,230 |
| 2019 | $9,439 | $131,840 | $38,150 | $93,690 |
| 2018 | $9,343 | $129,000 | $37,330 | $91,670 |
| 2017 | $9,221 | $124,240 | $35,950 | $88,290 |
| 2016 | $9,116 | $119,270 | $34,510 | $84,760 |
| 2015 | $9,068 | $113,780 | $32,920 | $80,860 |
| 2014 | $8,725 | $107,610 | $31,130 | $76,480 |
| 2013 | $8,499 | $107,930 | $31,220 | $76,710 |
Source: Public Records
Agents Affiliated with this Home
-
Lance Kammes
-
Barry Kadish
Seller's Agent in 2019
Barry Kadish
Jameson Commercial
(312) 502-5297
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11092715
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