NOT LISTED FOR SALE

113 E 12th St Lockport, IL 60441

Estimated Value: $285,000 - $315,000

2 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $285,000

Est. 4% increase in value since last sale

Current estimated payment $2,117/month

6 Days on Market

Highlights

  • Deck
  • 3-minute walk to Lockport Station
  • Entrance Foyer
  • Milne Grove Elementary School Rated A-
  • 1 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of July 2024

Nestled within Lockport's charming Heritage District, just a short stroll from the vibrant downtown area, this extensively renovated duplex offers an exceptional opportunity for investors or those seeking a live-in landlord scenario. Alternatively, it presents an excellent option for related living as a single-family home. Lockport's downtown boasts an array of fine restaurants, a local brewery, charming bakeries, and coffee shops, creating a dynamic and evolving community right on your doorstep. The property, just over 1600 square feet in size, features a one-car garage, 2.5 bathrooms, and 2 bedrooms. However, its flexible layout allows for easy conversion back to a single-family home, offering the potential for 4 bedrooms and 2.5 bathrooms. Adding to its charm, the property boasts a covered front porch, inviting residents to relax and soak in the ambiance of this historic neighborhood. The first-floor unit, previously leased for $1,400 per month, showcases a stunning remodel with luxurious touches such as concrete countertops in the kitchen, heated floors in the master bathroom, bamboo flooring throughout, and a spacious kitchen and dining area perfect for hosting. Additionally, a half bathroom, main floor laundry, and a cozy office or mudroom leading to the spacious shaded back deck enhance the convenience and comfort of this unit. The second floor is currently rented for $950 per month, with the lease ending on June 30th, offering immediate rental income for the new owner. This unit also features a second laundry room in the partial basement, accessible through an exterior door, providing added convenience for tenants. The partial basement further offers plenty of shelves and cabinets for storage. Additionally, there are cabinets for storage in the garage. Recent property updates within the past few years include new flooring, kitchen cabinets, bathroom fixtures, roof, soffit, fascia, oversized gutters, vinyl windows, garage door, driveway, water main, water heater, and more, ensuring a solid and worry-free property for its new owner. Please pardon the ongoing street renovations; once completed, the block will boast brand-new curbs and a new driveway apron and new water main to the property, further enhancing the property's appeal.

Last Agent to Sell the Property

Jackie Grieshamer

4 Sale Realty, Inc. License #471018458 Listed on: 05/07/2024

Last Buyer's Agent

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1880 | Remodeled in 2020

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x80

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Partial Basement
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Schools

  • Lockport Township High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1880 | Remodeled in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Other Equipment: CO Detectors
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Stone
  • List Price: 305000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Public

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 50X80
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4980
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 8, 2024
Sold by
Rodgers Lucas K and Rodgers Nicole
Bought by
Kreten Joseph M and Kreten Kelly
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%
Views
28
Current Estimated Value
$296,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,670
Avg. Annual Appreciation
1.25%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 29, 2015
Sold by
The Bank Of New York Mellon
Bought by
Rodgers Lucas K
Seller's Agent
Teresa Ryan
Century 21 Circle
Buyer's Agent
Bob Vergo
Karges Realty
List Price
$49,700
Sold Price
$42,470
Premium/Discount to List
-$7,230
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.07%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Flood Christopher J and Fifth Third Bank Chicago
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 28, 2015
Sold by
Flood Christopher J and Fifth Third Bank Chicago
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 26, 2004
Sold by
Davies Charles and Davies Carrie A
Bought by
Flood Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,381
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 1999
Sold by
Chiappetta Dean R
Bought by
Davies Charles and Davies Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,270
Interest Rate
7.05%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Mantel Michael and Mantel Lydia
Bought by
Chiappetta Dean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,750
Interest Rate
8.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1994
Sold by
Preboy Robert E and Murtaugh Christine M
Bought by
Mantel Michael and Mantel Lydia
Source: Public Records

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
Kreten Joseph M $285,000 Fidelity National Title
Rodgers Lucas K $42,470 Ct
The Bank Of New York Mellon -- Attorney
The Bank Of New York Mellon $72,250 Attorney
Flood Christopher J $136,000 Law Title
Davies Charles $113,000 --
Chiappetta Dean R $99,500 Law Title
Mantel Michael $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodgers Lucas K $132,000
Previous Owner Flood Christopher J $27,381
Previous Owner Flood Christopher J $108,720
Previous Owner Davies Charles $112,270
Previous Owner Chiappetta Dean R $98,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $285,000 -6.6% --
05/14/2024 05/14/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $305,000 +618.2% --
01/07/2016 01/07/16 Sold $42,470 -5.0% --
12/18/2015 12/18/15 Pending -- -- --
11/04/2015 11/04/15 Price Changed $44,700 -5.1% --
10/08/2015 10/08/15 Price Changed $47,100 -5.2% --
09/21/2015 09/21/15 For Sale $49,700 0.0% --
08/24/2015 08/24/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $49,700 -6.6% --
07/08/2015 07/08/15 For Sale $53,200 -- --
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 $5,734 $67,138 $16,486 $50,652
2022 $5,418 $60,093 $15,378 $44,715
2021 $4,704 $56,473 $14,452 $42,021
2020 $4,577 $54,616 $13,977 $40,639
2019 $4,334 $51,768 $13,248 $38,520
2018 $4,643 $47,858 $12,248 $35,610
2017 $2,092 $44,734 $11,117 $33,617
2016 $1,448 $41,761 $10,255 $31,506
2015 $3,889 $36,931 $9,119 $27,812
2014 $3,889 $35,510 $8,768 $26,742
2013 $3,889 $36,235 $8,947 $27,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12048823

Midwest Real Estate Data (MRED)

APN: 04-23-328-003