$200,000
SOLD DEC 23, 2024

119 E Superior St Ottawa, IL 61350

4 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

11% Below List Price

245 Days on Market

Highlights

  • American Four Square Architecture
  • Paved or Partially Paved Lot
  • 5-minute walk to Washington Park
  • Heating System Uses Steam

About This Home

As of December 2024

**Just became available again as buyer was not able to obtain financing** Proud to announce this four unit multifamily building is available immediately for sale. Everything has gotten so expensive lately, this is your chance to live virtually for free and be a proud homeowner. Only required to live there for one year according to residential financing guidelines and after that you can cash flow this asset for the rest of your life. First floor unit left available for owner occupier. Each unit has refrigerator, stove, and window AC and stay with the property. Tenants pay gas & electric, owner pays water & garbage. Roof replaced in 2016, siding replaced 2020. Convenient location walking distance to downtown shopping and restaurants. One lane driveway included - currently shared among all tenants but can be reserved for owner occupier only if they want. All dimensions are approximate. Broker owned. Easy to tour. Offered As-Is.

Last Agent to Sell the Property

Franklin Peterson

O'Neil Property Group, LLC License #471021741 Listed on: 03/13/2024

Last Buyer's Agent

Esmeralda Avila

Heritage Select Realty License #471022483

Heritage Select Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,116

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Jefferson Elementary: K-4Th Grad
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Heating System Uses Steam
  • Individual Controls for Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,116

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 3

Exterior Features

  • Foundation Details: Stone
  • List Price: 200000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Jefferson Elementary: K-4th Grad
  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School
  • Middle/Junior School District: 141

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 3116.3
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

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

MLS Schools

  • Other Public Sch Dist: 513
  • Othr Public Sch: IVCC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Dec 19, 2024
Sold by
119 E Superior Street Llc
Bought by
Radu Julia
Seller's Agent
Franklin Peterson
O'Neil Property Group, LLC
Buyer's Agent
Esmeralda Avila
Heritage Select Realty
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Total Days on Market
245
Views
145
Current Estimated Value
$211,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,111
Avg. Annual Appreciation
2.71%
Original Mortgage
$190,000
Outstanding Balance
$189,519
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$14,044

Purchase Details

Closed on
Jan 29, 2021
Sold by
Diguilio Raymond A and Member Of Digiulio Properties
Bought by
119 E Superior Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2006
Sold by
Koch Leroy D and Koch Gladys A
Bought by
Diguilio Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $120,000 Chicago Title
Trustee Deed $162,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Previous Owner $90,000 Commercial
Previous Owner $144,000 No Value Available
Previous Owner $25,000 Credit Line Revolving
Previous Owner $120,600 No Value Available
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $200,000 0.0% --
11/14/2024 11/14/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $200,000 -7.0% --
08/07/2024 08/07/24 Price Changed $215,000 -4.4% --
07/31/2024 07/31/24 For Sale $225,000 0.0% --
05/02/2024 05/02/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $225,000 -- --
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 $3,186 $30,940 $6,744 $24,196
2023 $3,259 $30,940 $6,744 $24,196
2022 $3,116 $29,188 $6,362 $22,826
2021 $3,138 $29,188 $6,362 $22,826
2020 $3,122 $29,188 $6,362 $22,826
2019 $3,229 $29,188 $6,362 $22,826
2018 $3,226 $29,188 $6,362 $22,826
2017 $3,214 $29,188 $6,362 $22,826
2016 $3,226 $29,188 $6,362 $22,826
2015 $3,214 $29,188 $6,362 $22,826
2012 -- $31,909 $6,955 $24,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12003169

Midwest Real Estate Data (MRED)

APN: 21-11-219020