NOT LISTED FOR SALE

118 W North St Plano, IL 60545

Estimated Value: $259,000 - $542,000

5 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold March 03, 2022

Last sale price $400,000

Est. 8% increase in value since last sale

Current estimated payment $3,142/month

69 Days on Market

Highlights

  • Deck
  • Balcony
  • Water Softener is Owned
  • Victorian Architecture
  • Porch
  • Ceiling Fan

About This Home

As of March 2022

Beautiful Victorian converted into 4 apartments. All newly rehabbed. New Roof in 2015, Newly Painted 2021. Fully leased with awesome tenants. Double city lot- 120 x 120. Property sold as is.

Last Agent to Sell the Property

Donna Stanley

Donna L. Stanley License #471000833 Listed on: 11/06/2021

Last Buyer's Agent

Robert Findlay

Findlay Real Estate Group Inc License #471019089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,424

Year Built

  • Built in 1958 | Remodeled in 2020

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120

Home Design

  • Victorian Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Plano High School

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Water Softener is Owned

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $680
  • Fuel Expense $621
  • Insurance Expense $2,000
  • Trash Expense $1,541
  • Water Sewer Expense $1,160
  • Gross Income $39,000
  • Net Operating Income $24,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,424

Year Built

Built in 1958 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • MRD_AP3: Stove,Refrigerator
  • MRD_AP4: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch, Storms/Screens
  • Foundation Details: Block
  • List Price: 425000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Assigned, Unassigned, Off Alley, Off Street
  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Trash Expense: 1541
  • Water Sewer Expenses: 1160

Schools

  • High School: Plano High School
  • Middle/Junior School District: 88

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.33
  • Lot Dimensions: 120X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 24574
  • Fuel Expense: 621
  • Insurance Expense: 2000
  • ElectricExpense: 680
  • GrossIncome: 39000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8424.42
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Mar 3, 2022
Sold by
Bruce Stanley
Bought by
Beushausen Jonathan M
Seller's Agent
Donna Stanley
Donna L. Stanley
Buyer's Agent
Robert Findlay
Findlay Real Estate Group Inc
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$433,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,305
Avg. Annual Appreciation
2.25%
Original Mortgage
$300,000
Outstanding Balance
$280,297
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$153,008

Purchase Details

Closed on
Oct 1, 2007
Sold by
Wade Steven A and Wade Doris J
Bought by
Stanley Buildings & Properties Ltd

Purchase Details

Closed on
May 27, 2004
Sold by
Novak Stanley M
Bought by
Wade Steven A and Wade Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1992
Bought by
Novak Stanley M
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
Beushausen Jonathan M $400,000 Fidelity National Title
Stanley Buildings & Properties Ltd $265,000 Multiple
Wade Steven A $178,000 Law Title Insurance
Novak Stanley M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beushausen Jonathan M $300,000
Previous Owner Wade Steven A $133,500
Closed Novak Stanley M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $400,000 -5.9% --
01/15/2022 01/15/22 Pending -- -- --
11/06/2021 11/06/21 For Sale $425,000 -- --
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
2024 $10,124 $123,046 $16,077 $106,969
2023 $9,356 $109,443 $14,300 $95,143
2022 $9,356 $99,856 $13,047 $86,809
2021 $8,340 $87,822 $12,240 $75,582
2020 $8,424 $86,100 $12,000 $74,100
2019 $8,363 $83,592 $10,981 $72,611
2018 $8,429 $79,611 $10,458 $69,153
2017 $8,285 $73,324 $10,458 $62,866
2016 $7,959 $63,734 $10,458 $53,276
2015 $7,889 $55,327 $9,000 $46,327
2014 -- $46,054 $9,000 $37,054
2013 -- $46,045 $10,964 $35,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11201309

Midwest Real Estate Data (MRED)

APN: 01-22-376-005