NOT LISTED FOR SALE

1123 Lewis St Dekalb, IL 60115

Estimated Value: $240,000 - $597,044

10 Beds
6 Baths
4,246 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $625,000 $147 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,182/month

112 Days on Market

Highlights

  • Storage Room
  • Forced Air Heating and Cooling System
  • 2-minute walk to Liberty Park

About This Home

As of May 2024

FANTASTIC ALL-BRICK 6 UNIT NEAR LIBERTY PARK! This is a TURN-KEY opportunity. Property consists of 4-two bedroom, 1 bath apartments and 2-one bedroom, 1 bath apartments. Security entrances only accessible by tenants. Separate gas & electric meters. Each unit offers hardwood floors, central air and a private storage locker. Two coin operated washers and dryer provided. Improvements include: (2022) Roof and Gutters, Brick Tuckpointing, all windows have been replaced with the exception of two, concrete walks around the building have been redone, (20) central air units. This is a great opportunity!

Last Agent to Sell the Property

Tina Mastrangelo

Great Western Properties License #471021967 Listed on: 01/02/2024

Last Buyer's Agent

Tom Akert

Market Premier Realty Corp License #471003724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,391

Year Built

  • Built in 1907

Lot Details

  • Lot Dimensions are 116.50 x 125 x 61.8 x 5 x 55 x 120

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,246 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • Association fees include water, parking, scavenger
  • 6 Units

Building Details

  • Electric Expense $205
  • Fuel Expense $163
  • Insurance Expense $6,210
  • Trash Expense $960
  • Water Sewer Expense $2,142
  • Operating Expense $19,071
  • Gross Income $73,800
  • Net Operating Income $54,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,391

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1907
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Basement Description: Unfinished,Storage Space
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Storage Inside
  • Fireplaces: 2
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 650000
  • Exterior Building Type: Brick
  • Misc Outside: Patio

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: Water, Parking, Scavenger
  • Trash Expense: 960
  • Water Sewer Expenses: 2142
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 116.50 X 125 X 61.8 X 5 X 55 X 120
  • Land Amenities: Children's Play Yard,Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 5
  • Tenancy Type: Leases,Month To Month,Section 8

Building Info

  • BuildingAreaTotal: 4246
  • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 54729
  • Fuel Expense: 163
  • Insurance Expense: 6210
  • ElectricExpense: 205
  • GrossIncome: 73800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19071
  • Expense Year: 2022
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9390.84
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 31, 2024
Sold by
Acla Properties Llc
Bought by
Tjahjadi Budijanto
Seller's Agent
Tina Mastrangelo
Great Western Properties
Buyer's Agent
Tom Akert
Market Premier Realty Corp
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Total Days on Market
112
Views
280
Current Estimated Value
$430,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$194,985
Avg. Annual Appreciation
-30.44%

Purchase Details

Closed on
Jan 12, 2008
Sold by
Tca Properties Llc
Bought by
Acla Properties Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
American Natl Bk Dekalb
Bought by
T C A Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Young Robert A
Bought by
American Natl Bank Dekalb
Source: Public Records

Range of Values:

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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
Tjahjadi Budijanto $625,000 Chicago Title
Acla Properties Llc $330,000 --
T C A Properties Llc $300,000 --
American Natl Bank Dekalb -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T C A Properties Llc $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $625,000 -3.8% $147 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $650,000 -- $153 / Sq Ft
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 $9,328 $113,659 $13,226 $100,433
2023 $9,328 $99,101 $11,532 $87,569
2022 $9,144 $90,479 $13,161 $77,318
2021 $9,391 $84,861 $12,344 $72,517
2020 $9,603 $83,508 $12,147 $71,361
2019 $9,414 $80,227 $11,670 $68,557
2018 $9,192 $77,506 $11,274 $66,232
2017 $9,280 $74,503 $10,837 $63,666
2016 $9,177 $72,622 $10,563 $62,059
2015 -- $68,810 $10,009 $58,801
2014 -- $68,528 $14,483 $54,045
2013 -- $71,983 $15,213 $56,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11930380

Midwest Real Estate Data (MRED)

APN: 08-23-204-026