NOT LISTED FOR SALE

118 E 11th St Lockport, IL 60441

Estimated Value: $236,000 - $307,000

3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $207,000

Est. 27% increase in value since last sale

Current estimated payment $1,853/month

26 Days on Market

Highlights

  • Heating System Uses Steam
  • 5-minute walk to Lockport Station
  • 4-minute walk to Lincoln Landing Park
  • Milne Grove Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of October 2020

LOCATION, LOCATION, LOCATION! Solid two flat just steps from Historic downtown Lockport. Close to restaurant, breweries, public transportation, schools, shopping and all the best the town has to offer. Very well cared for building with 2 bedroom unit on first floor. Second floor with separate side entrance is bright one bedroom apartment. Each unit has a massive kitchen accommodating a full sized eating area. A strong rental market makes this an excellent investment. This a rare opportunity to own and income generating 2-flat in Lockport.

Last Agent to Sell the Property

Frank Lardino

Keller Williams Preferred Realty License #475117702 Listed on: 07/20/2020

Keller Williams Preferred Realty

Co-Listed By

Maria Ivette Hollendoner

Keller Williams Preferred Realty License #475125562

Last Buyer's Agent

Claudiu Bulza

iDream Realty Inc License #475186613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 80x40
  • Paved or Partially Paved Lot

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Milne Grove Elementary School
  • Kelvin Grove Elementary Middle School
  • 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

$4,553

Year Built

Built in 1880

Lot Details

0

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: School Bus Service,Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Block
  • List Price: 212000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Parking Features: Side Apron
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Milne Grove Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Kelvin Grove Elementary School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 80X40
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4552.66
  • Tax Year: 2019

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
Jul 20, 2020
Closed on
Sep 16, 2020
Sold by
Kirkus Edmund S and Kirkus Maria R
Bought by
Petromaneantu Ligia
Seller's Agent
Frank Lardino
Keller Williams Preferred Realty
Buyer's Agent
Claudiu Bulza
iDream Realty Inc
List Price
$212,000
Sold Price
$207,000
Premium/Discount to List
-$5,000
-2.36%
Current Estimated Value
$262,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,970
Avg. Annual Appreciation
3.94%
Original Mortgage
$7,500
Outstanding Balance
$6,750
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$242,923

Purchase Details

Closed on
Feb 4, 1999
Sold by
Janski Robet Dennis
Bought by
Kirkus Edmund S and Kirkus Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1997
Sold by
First National Bank Of Joliet
Bought by
Janski Robert Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
7.93%
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
Petromaneantu Ligia $207,000 None Available
Kirkus Edmund S $92,000 --
Janski Robert Dennis $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petromaneantu Ligia $7,500
Open Petromaneantu Ligia $203,250
Previous Owner Kirkus Edmund S $71,900
Previous Owner Janski Robert Dennis $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $207,000 -2.4% --
08/15/2020 08/15/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $212,000 -- --
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
2023 $5,034 $59,824 $14,337 $45,487
2022 $4,585 $55,804 $13,374 $42,430
2021 $4,329 $52,442 $12,568 $39,874
2020 $4,774 $50,718 $12,155 $38,563
2019 $4,553 $48,074 $11,521 $36,553
2018 $4,311 $44,441 $10,650 $33,791
2017 $4,009 $40,339 $9,667 $30,672
2016 $3,793 $37,212 $8,918 $28,294
2015 $3,854 $36,607 $7,930 $28,677
2014 $3,854 $35,199 $7,625 $27,574
2013 $3,854 $35,918 $7,781 $28,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10787722

Midwest Real Estate Data (MRED)

APN: 11-04-23-326-014