NOT LISTED FOR SALE

11208 1st St Mokena, IL 60448

Estimated Value: $819,743

12 Beds
8 Baths
-- Sq Ft
0.55 Acres

Last Sold January 20, 2021

Last sale price $640,000

Est. 28% increase in value since last sale

Current estimated payment $5,695/month

319 Days on Market

About This Home

As of January 2021

All Brick 8 Flat Very Good Condition. (4) 2 Bed units ($820-850 rent) and (4) 1 Bed units ($720-750 rent). Individual storage. Tenants pay their own electric. Tear off roof in '07. New Boiler '07. Plenty of parking available as there is Street parking and a private parking lot in the back of the building. Current building manager lives in the building and manages the entire building.

Last Agent to Sell the Property

Andrew Soltis IV

CRIS Realty License #475163204 Listed on: 11/08/2019

Last Buyer's Agent

Andrew Soltis IV

CRIS Realty License #475163204 Listed on: 11/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,183

Year Built

  • 1960

Lot Details

  • 0.55

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,360
  • Insurance Expense $2,487

Listing and Financial Details

  • Tenant pays for electric
  • $15,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,183

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 51253
  • Outdoor Parking: 6-12 Spaces
  • Total Annual Exp: 24466
  • Total Annual Income: 73370
  • Total Monthly Income: 6114
  • Number Of Stories: 1
  • Estimated Year Built: 1960
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1960

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: Public Road

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Baseboard
  • Water Expense: 4440

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 480

Lot Info

  • Lot Dimensions: 312 X 120
  • Parcel Identification Number: 1909074050110000

Rental Info

  • Gross Rental Income: 73370
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 3360
  • Insurance Expense: 2487

Tax Info

  • Taxes: 13607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 12, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Unibest Realty Llc
Seller's Agent
Andrew Soltis IV
CRIS Realty
Buyer's Agent
Andrew Soltis IV
CRIS Realty
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$819,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,743
Avg. Annual Appreciation
5.41%
Original Mortgage
$375,000
Interest Rate
2.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Unibest Realty Llc $640,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Unibest Realty Llc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $640,000 -8.4% --
01/05/2021 01/05/21 For Sale $699,000 +9.2% --
12/18/2020 12/18/20 Off Market $640,000 -- --
09/22/2020 09/22/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $699,000 -4.1% --
04/10/2020 04/10/20 For Sale $729,000 0.0% --
04/10/2020 04/10/20 Price Changed $729,000 -2.7% --
01/21/2020 01/21/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $749,000 -- --
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 $16,183 $213,333 $29,102 $184,231
2023 $16,183 $213,333 $29,102 $184,231
2022 $17,337 $213,333 $29,102 $184,231
2021 $17,517 $213,333 $29,102 $184,231
2020 $18,346 $221,312 $29,102 $192,210
2019 $18,298 $221,312 $29,102 $192,210
2018 $13,607 $165,013 $29,102 $135,911
2017 $13,699 $165,013 $29,102 $135,911
2016 $13,824 $165,013 $29,102 $135,911
2015 $10,560 $165,013 $29,102 $135,911
2014 $10,560 $123,719 $41,543 $82,176
2013 $10,560 $123,719 $41,543 $82,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10570078

Midwest Real Estate Data (MRED)

APN: 19-09-07-405-011