$97,250
SOLD MAY 18, 2018

119 S 10th St Dekalb, IL 60115

2 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Recently Sold

12% Below List Price

15 Days on Market

Highlights

  • Farmhouse Style Home
  • 1-Story Property
  • Paved or Partially Paved Lot
  • Fenced Yard
  • Ceiling Fan
  • 5-minute walk to Hallgren Park

About This Home

As of May 2018

Two houses for sale with the same pin. Great income potential. Live in one and rent the other or rent them both out. The larger house is 1-2 bedrooms (family room has a closet and upstairs bedroom is a tandem bedroom). Updates on that unit include furnace in 2008, water heater in 2010, windows about 5 years old, and kitchen remodeled in 2014. The smaller house has one bedroom, one bath, kitchen, eating area and living room. Updates there include new windows between 2011 and 2013. The driveway/parking area was repaved in 2014 and new fence in 2015. Both units are tenant occupied with the larger house at 119 having a lease through June of 2018. The smaller house at 121 is on a month to month lease. Current rents total $1500 per month.

Last Agent to Sell the Property

James Dumont

Baird & Warner Fox Valley - Geneva License #475130520 Listed on: 04/02/2018

Baird & Warner Fox Valley -  Geneva

Co-Listed By

David Coovert

Baird & Warner Fox Valley - Geneva

Last Buyer's Agent

Brandy Bloemker

Coldwell Banker Realty License #475148021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1939

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 95x65
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Farmhouse Style Home
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,000
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1939
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • List Price: 109900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Asbestos Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 3400

Schools

  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 95X65
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 14600
  • GrossIncome: 18000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 3399.22
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 18, 2018
Sold by
Garnatz Jacob P
Bought by
Edwards Brian and Edwards Danielle
Seller's Agent
James Dumont
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Brandy Bloemker
Coldwell Banker Realty
List Price
$109,900
Sold Price
$97,250
Premium/Discount to List
-$12,650
-11.51%
Current Estimated Value
$164,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,470
Avg. Annual Appreciation
7.40%
Original Mortgage
$30,000
Outstanding Balance
$25,831
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$138,889
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 Type Sale Price Title Company
Warranty Deed $97,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Rented $850 -5.6% --
11/20/2019 11/20/19 For Rent $900 0.0% --
05/18/2018 05/18/18 Sold $97,250 -11.5% --
04/17/2018 04/17/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $109,900 -- --
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 $4,226 $51,488 $10,670 $40,818
2023 $4,226 $44,893 $9,303 $35,590
2022 $4,142 $40,987 $10,618 $30,369
2021 $4,254 $38,442 $9,959 $28,483
2020 $4,350 $37,829 $9,800 $28,029
2019 $4,265 $36,343 $9,415 $26,928
2018 $4,164 $35,111 $9,096 $26,015
2017 $4,204 $33,751 $8,744 $25,007
2016 $3,399 $32,899 $8,523 $24,376
2015 -- $31,172 $8,076 $23,096
2014 -- $31,573 $11,685 $19,888
2013 -- $33,165 $12,274 $20,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09901802

Midwest Real Estate Data (MRED)

APN: 08-23-409-012