NOT LISTED FOR SALE

Estimated Value: $474,000 - $574,000

5 Beds
2.5 Baths
1,728 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $370,000 $214 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,482/month

11 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Baseboard Heating
  • Copeland Manor Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2021

INVESTMENT OPPORTUNITY in Libertyville!! 2 Unit home for sale - Level 1 unit offers 3 bedrooms with 1 full and 1 half bath, galley kitchen, living room and basement. Level 2 unit offers 2 bedrooms and 1 bath, galley kitchen, and living room. Separate entry for each unit, detached two car garage, and large common area backyard. Both units have laundry. Both units occupied. Quite a few updates here. Great investment property!!

Last Agent to Sell the Property

Shawn Strach

Dream Real Estate, Inc. License #471000585 Listed on: 03/09/2021

Dream Real Estate, Inc.

Last Buyer's Agent

Ilona Leber

Baird & Warner License #475133374

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,989

Year Built

  • Built in 1920

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Porch
  • Lot Dimensions are 67x108x95x105

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,980
  • Gross Income $36,840
  • Net Operating Income $23,271

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,989

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 67X108X95X105
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 23271
  • Insurance Expense: 1980
  • GrossIncome: 36840
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7989.46
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 26, 2021
Sold by
Breidenbach John L
Bought by
Flanagan Michael John
Seller's Agent
Shawn Strach
Dream Real Estate, Inc.
Buyer's Agent
Ilona Leber
Baird & Warner
Sold Price
$370,000
Current Estimated Value
$518,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,247
Avg. Annual Appreciation
7.88%
Original Mortgage
$363,298
Interest Rate
2.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2016
Sold by
Breidenbach John L and Breidenbach Revocable L John L
Bought by
Breidenbach John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,573
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2016
Sold by
Breidenbach John L
Bought by
Breidenbach John L and The John L Breidenbach Revocab

Purchase Details

Listed on
Jun 24, 2015
Closed on
Oct 6, 2015
Sold by
Heinze Amber N and Heinze Christopher J
Bought by
Breidenbach John L
Seller's Agent
Peggy Cobrin
Coldwell Banker Realty
Buyer's Agent
William O'Malley
Compass
List Price
$329,900
Sold Price
$311,000
Premium/Discount to List
-$18,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$305,367
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2012
Sold by
Stokovich Nicholas
Bought by
Sc Property Management Llc

Purchase Details

Closed on
Dec 23, 2008
Sold by
Rosenbach L Raymond and Frances M Lundman Revocable Tr
Bought by
Heinze Amber N and Heinze 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
$183,750
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Flanagan Michael John $370,000 Chicago Title
Breidenbach John L -- Chicago Title
Breidenbach John L -- Attorney
Breidenbach John L $311,000 First American Title
Sc Property Management Llc -- None Available
Heinze Amber N $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flanagan Michael John $363,298
Previous Owner Breidenbach John L $305,573
Previous Owner Breidenbach John L $305,367
Previous Owner Heinze Amber N $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $370,000 -2.6% $214 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/20/2021 03/20/21 For Sale -- -- --
03/09/2021 03/09/21 For Sale $379,900 0.0% $220 / Sq Ft
01/01/2017 01/01/17 Rented $1,800 0.0% --
11/03/2016 11/03/16 For Rent $1,800 0.0% --
11/06/2015 11/06/15 Sold $311,000 -5.7% $180 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $329,900 -- $191 / 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 $9,006 $129,923 $76,155 $53,768
2023 $8,288 $119,833 $70,241 $49,592
2022 $8,288 $109,635 $67,513 $42,122
2021 $7,976 $107,275 $66,060 $41,215
2020 $8,193 $112,203 $69,095 $43,108
2019 $7,989 $111,136 $68,438 $42,698
2018 $7,232 $104,498 $70,888 $33,610
2017 $7,129 $101,199 $68,650 $32,549
2016 $7,144 $95,951 $65,090 $30,861
2015 $7,298 $89,682 $60,837 $28,845
2014 $6,861 $84,264 $57,162 $27,102
2012 $6,385 $83,330 $56,528 $26,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11015823

Midwest Real Estate Data (MRED)

APN: 11-21-215-005