NOT LISTED FOR SALE

1178 Nantucket Rd Aurora, IL 60506

North River Neighborhood

Estimated Value: $496,000 - $748,000

18 Beds
6 Baths
-- Sq Ft
0.39 Acres

Last Sold November 23, 2016

Last sale price $431,250

Est. 48% increase in value since last sale

Current estimated payment $4,828/month

4 Days on Market

About This Home

As of November 2016

Excellent opportunity! 6 Unit Apartment building, each unit is approx 880 sq ft, plus basement! Private Entry for each unit, Six current Leases in place, Two parking spaces for each unit - 24 Hour Notice required to view interior

Last Agent to Sell the Property

Jason Pesola

Century 21 Circle License #475164200 Listed on: 08/12/2016

Last Buyer's Agent

Jayesh Parekh

ARNI Realty Incorporated License #475149245

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,202

Year Built

  • 1965

Lot Details

  • 0.39

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • Insurance Expense $880

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,202

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 48264
  • Outdoor Parking: 13-18 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 2424
  • Total Annual Exp: 15936
  • Total Annual Income: 64200
  • Total Monthly Income: 5350
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1965
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.39
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 13

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Forced Air

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers, Separate Meters
  • Janitor Expense: 250

Lot Info

  • Lot Dimensions: APPROX 105 X 133
  • Lot Sq Ft: 13965
  • Parcel Identification Number: 1516126002

Rental Info

  • Gross Rental Income: 5350
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2015
  • Insurance Expense: 880

Tax Info

  • Taxes: 13436.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Nov 23, 2016
Sold by
Terrazas Juan and Terrazas Maria
Bought by
Kapsi Properties Llc
Seller's Agent
Jason Pesola
Century 21 Circle
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
List Price
$439,900
Sold Price
$431,250
Premium/Discount to List
-$8,650
-1.97%
Total Days on Market
4
Current Estimated Value
$639,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,270
Avg. Annual Appreciation
4.72%
Original Mortgage
$45,000
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2013
Sold by
Terraza Juan M
Bought by
Terrazas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Otis William A and Otis Nona A
Bought by
Terrazas Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Kapsi Properties Llc $431,500 First American Title
Terrazas Juan -- Chicago Title Insurance Comp
Terrazas Juan M $323,000 Wheatland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaps1 Properties Llc $1,170,000
Closed Kaps 1 Properties Llc $270,000
Closed Kapsi Properties Llc $45,000
Previous Owner Terrazas J Manuel $255,000
Previous Owner Terrazas Juan $153,000
Previous Owner Terrazas Juan M $278,000
Previous Owner Otis William A $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $431,250 -2.0% --
08/16/2016 08/16/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $439,900 -- --
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 $17,202 $200,829 $54,001 $146,828
2022 $16,220 $183,238 $49,271 $133,967
2021 $15,586 $170,597 $45,872 $124,725
2020 $14,834 $158,459 $42,608 $115,851
2019 $15,207 $155,521 $39,477 $116,044
2018 $16,127 $161,546 $36,516 $125,030
2017 $15,319 $148,849 $33,646 $115,203
2016 $13,672 $128,700 $28,841 $99,859
2015 -- $118,237 $24,801 $93,436
2014 -- $112,657 $22,793 $89,864
2013 -- $111,053 $22,468 $88,585
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jason Pesola

    Century 21 Circle

    Section Image

  • J

    Buyer's Agent in 2016

    Jayesh Parekh

    ARNI Realty Incorporated

    (847) 962-0239

    92 Total Sales

    Jayesh Parekh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09314737

Midwest Real Estate Data (MRED)

APN: 15-16-126-002

Illinois Kane County Aurora 60506 North River

1178 Nantucket Rd, Aurora, IL

This home is located at 1178 Nantucket Rd, Aurora, IL 60506 since 12 August 2016 and is currently estimated at $639,520. This property was built in 1965. 1178 Nantucket Rd is a home located in Kane County with nearby schools including Smith Elementary School, Jewel Middle School, and West Aurora High School.

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