NOT LISTED FOR SALE

119 E Ottawa St Sycamore, IL 60178

Estimated Value: $244,000 - $264,000

6 Beds
5 Baths
-- Sq Ft
4,661 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $295,000

Est. 11% decrease in value since last sale

Current estimated payment $1,796/month

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Natural Gas
  • 1-minute walk to Charley Laing Memorial Park

About This Home

As of March 2023

INVESTOR'S TAKE NOTE! 2 HOUSES with 2-UNITS in EACH HOUSE - sold together for one price of $295,000! Both homes are zoned R2-2 Family. Excellent rental history and desirable location near Downtown Sycamore. #119 consists of two apartments, upper & lower, with separate electricity, gas & water connections. Upper unit has living room, large bedroom, full kitchen & bath. Lower unit offers a spacious living room, center living room, back bedroom, full bath, kitchen & basement with washer/dryer. #121 is the W half of the building and has a 1st floor living room & kitchen with a second floor bedroom and full bath - also includes half of the gated basement. #123 is the E half of the building with a narrow, but inviting kitchen with adjoining dining room, 1st floor bath and living room. Stairs lead to a hall with a half bath separating 2 bedrooms. This unit includes the other half of the gated basement. There is Central Air in all units except #119 Upper (window a/c unit). IMPORTANT UPDATES INCLUDE: Copper water service, upgraded electrical, windows, siding, roof on #119 and back side of roof on #121-123 - all within the last 10 years. Current rents: #119 Upper: $575, 119 Lower: $770, 121: $750, 123: $996. Large lot includes paved parking for 4 cars plus a garage (behind #119) for the use of #123 and storage for lot maintenance eqpt. Plenty of green space for all to enjoy! Unit #119 could be converted back to a single family, 3-bedroom home with minimal changes. Tenants pay all of their own utilities (except the 1-bedroom apt in Unit #119 - water/sewer/trash is included). Leases can be renegotiated in April-July. SOLID INVESTMENT!

Last Agent to Sell the Property

Jayne Menne

Willow Real Estate, Inc License #471000685 Listed on: 02/03/2023

Last Buyer's Agent

Kyle Benson

Century 21 Circle License #475200182

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,890

Year Built

  • Built in 1900 | Remodeled in 2012

Lot Details

  • Lot Dimensions are 77.5x160x76.50x160
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Converted Dwelling
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,890

Year Built

Built in 1900 | Remodeled in 2012

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Number of Cars: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 77.5X160X76.50X160
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6890.29
  • Tax Year: 2021

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Nlb Property Investments Llc
Bought by
Moore Shawn
Current Estimated Value
$261,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,565
Outstanding Balance
$127,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,783

Purchase Details

Closed on
Oct 23, 2020
Sold by
Nlb Property Investments Llc
Bought by
Moore Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,565
Outstanding Balance
$127,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,783

Purchase Details

Closed on
Oct 19, 2018
Sold by
Siefken Kathleen E
Bought by
Nlb Property Investments Llc

Purchase Details

Closed on
Aug 12, 2010
Sold by
Siefken Richard J
Bought by
Siefken Kathleen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Shawn $169,000 Regency Title Services Inc
Moore Shawn $169,000 New Title Company Name
Nlb Property Investments Llc $90,000 Attorney
Siefken Kathleen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Shawn $143,565
Closed Moore Shawn $143,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 For Sale $295,000 0.0% --
03/06/2023 03/06/23 Sold $295,000 -- --
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 $5,126 $62,047 $10,667 $51,380
2023 $5,126 $56,659 $9,741 $46,918
2022 $4,925 $51,966 $8,934 $43,032
2021 $4,707 $48,785 $8,387 $40,398
2020 $4,649 $47,586 $8,181 $39,405
2019 $4,581 $46,544 $8,002 $38,542
2018 $2,597 $45,131 $7,759 $37,372
2017 $2,646 $43,345 $7,452 $35,893
2016 $2,715 $41,368 $7,112 $34,256
2015 -- $38,935 $6,694 $32,241
2014 -- $36,971 $6,356 $30,615
2013 -- $37,680 $6,478 $31,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712799

Midwest Real Estate Data (MRED)

APN: 06-32-409-007