NOT LISTED FOR SALE

Estimated Value: $987,492

10 Beds
6 Baths
-- Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: May 13, 2021

Last sale price $665,000 $0 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,003 / mo

366 Days on Market

About This Home

As of May 2021

Well maintained six (6) unit apartment building with 100% occupancy. Excellent in town location across from St. Charles police department and one block south of Main Street retail corridor. Maintenance free exterior with brick facade and aluminum siding on sides and rear of building. Property consists of four (4) two bedroom units and two (2) one bedroom units. Clean units with many upgrade finishes and central air conditioning. All units are separately metered and tenants pay their own utilities. Storage and laundry room in basement. Keypad access for extra security into the building. Pitched shingle roof, asphalt parking lot, 11-12 parking spaces. NOI is estimated at $43,000 and priced at 5.9% cap rate. Potential for condominium conversion as well.

Last Agent to Sell the Property

Tim Billimack

Blue Chip Commercial Real Estate License #471000637 Listed on: 03/17/2020

Last Buyer's Agent

Suzanne Treudt

Keller Williams Premiere Properties License #471004876

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 0.37

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Community Details

  • Fuel Expense $360
  • Insurance Expense $2,500

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0.37 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 45061
  • Repairs Decor Expense: 2000
  • Roof Structure: Pitched
  • Scavenger Expense: 600
  • Total Annual Exp: 22739
  • Total Annual Income: 67800
  • Total Monthly Income: 5650
  • Number Of Stories: 2
  • Estimated Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1977

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.37

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Central Heat/Indiv Controls, Forced Air
  • Water Expense: 360

Condo/Co-op/Association

  • Units in Building: 6

Lot Info

  • Lot Dimensions: 116 X 137
  • Lot Sq Ft: 15892
  • Parcel Identification Number: 0933128019

Rental Info

  • Gross Rental Income: 67800
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Fuel Expense: 360
  • Insurance Expense: 2500

Tax Info

  • Taxes: 14769

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Tim Billimack
Blue Chip Commercial Real Estate
Buyer's Agent
Suzanne Treudt
Keller Williams Premiere Properties
List Price
$728,000
Sold Price
$665,000
Premium/Discount to List
-$63,000
-8.65%
Current Estimated Value
$987,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,492
Avg. Annual Appreciation
7.87%
Original Mortgage
$487,500
Outstanding Balance
$431,640
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$555,852

Purchase Details

Closed on
Apr 5, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2012
Sold by
Bought by

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,358
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.96%

Purchase Details

Closed on
Mar 26, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$665,000 None Available
-- Attorney
$357,000 Heritage Title Company
$458,000 Chicago Title Insurance Comp
$310,000 Fox Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $487,500
Previous Owner $100,000
Previous Owner $413,358
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $665,000 -8.7% --
03/18/2021 03/18/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $728,000 0.0% --
12/08/2020 12/08/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $728,000 0.0% --
08/04/2020 08/04/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $728,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,902 $269,516 $84,938 $184,578
2024 $18,902 $248,333 $78,262 $170,071
2023 $17,789 $222,262 $70,046 $152,216
2022 $18,194 $225,339 $71,569 $153,770
2021 $17,518 $214,792 $68,219 $146,573
2020 $17,348 $210,787 $66,947 $143,840
2019 $17,053 $206,613 $65,621 $140,992
2018 $15,138 $182,508 $63,125 $119,383
2017 $14,770 $176,268 $60,967 $115,301
2016 $14,908 $163,191 $58,826 $104,365
2015 -- $156,110 $58,192 $97,918
2014 -- $156,489 $58,192 $98,297
2013 -- $160,969 $58,774 $102,195
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10670451

Midwest Real Estate Data (MRED)

APN: 09-33-128-019

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