$420,500
SOLD DEC 20, 2024

1204 9th St Harvard, IL 60033

8 Beds
4 Baths
-- Sq Ft
1994 Built

Recently Sold

11% Below List Price

78 Days on Market

Highlights

  • Tennis Courts
  • Ceiling Fan
  • Heating Available
  • Cul-De-Sac
  • Multiple Water Heaters

About This Home

As of December 2024

Complete turn key operation. Run the numbers, this is a profitable investment. Fully leased with great rents. Building has been very well maintained. 2 bedroom, 1 bath w/2 parking spaces. Building is equipped with coin laundry. Up to 28 units available divided between 5 different buildings in all. Sold as is but in excellent condition.

Last Agent to Sell the Property

Pat Betlinski

Berkshire Hathaway HomeServices Starck Real Estate License #471004982 Listed on: 09/10/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 93x132
  • Cul-De-Sac

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Alley Access
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Heating Available
  • Multiple Water Heaters
  • Electric Water Heater

Community Details

Overview

  • 4 Units

Recreation

  • Tennis Courts

Building Details

  • Electric Expense $1,777
  • Insurance Expense $2,088
  • Trash Expense $1,700
  • Water Sewer Expense $1,800
  • Gross Income $2,400
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,124

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters, Water Heater-Electric
  • Basement Description: Slab
  • Basement Bathrooms: No
  • 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: 4

Exterior Features

  • List Price: 475000
  • Lot Features: Cul-De-Sac, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned, Off Alley, Alley Access
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Sidewalks, Street Lights
  • Conversion YN: N

Fee Information

  • Trash Expense: 1700
  • Water Sewer Expenses: 1800
  • Trash Expense Year: 2023

Schools

  • Middle/Junior School District: 50

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 93X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Heat

Multi Family

  • Net Operating Income: 50400
  • Insurance Expense: 2088
  • ElectricExpense: 1777
  • GrossIncome: 2400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7124
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Feb 6, 2025
Sold by
Davis Daniel and Davis Elzbieta
Bought by
Kd & E Properties Llc
Seller's Agent
Pat Betlinski
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$475,000
Sold Price
$420,500
Premium/Discount to List
-$54,500
-11.47%
Total Days on Market
78
Views
38
Current Estimated Value
$384,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,916
Avg. Annual Appreciation
-7.89%

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 20, 2024
Sold by
Ninth Street Apartments Llc
Bought by
Davis Daniel
Seller's Agent
Pat Betlinski
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$475,000
Sold Price
$420,500
Premium/Discount to List
-$54,500
-11.47%
Views
38

Purchase Details

Listed on
Nov 10, 2015
Closed on
Feb 25, 2016
Sold by
Brolg Llc
Bought by
Ninth Street Apartments Llc
Seller's Agent
Ben Broughton
RE/MAX Connections II
Buyer's Agent
John Miller
Success Realty Partners
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$264,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2010
Sold by
Bank Of America National Association
Bought by
Brolg Llc

Purchase Details

Closed on
Jul 28, 2009
Sold by
Manzano Humberto
Bought by
Bank Of America National Association

Purchase Details

Closed on
Dec 4, 1995
Sold by
Hollister Charles E and Hollister Carole F
Bought by
Hollister Charles E

Purchase Details

Closed on
Nov 4, 1995
Sold by
Hollister Charles E and Hollister Carole E
Bought by
Hollister Carole F

Purchase Details

Closed on
Jun 1, 1994
Sold by
Mchenry State Bank
Bought by
Hollister Charles E and Hollister Carole F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.78%
Source: Public Records

Similar Home in Harvard, IL

  • 1020 9th St, Harvard, IL 60033

    $475,000

    • 8 Beds
    • 4 Baths
    • 1020 9th St
    • Harvard, IL

    Complete turn key operating. Fully leased with great rents. Building has been very well maintained. 2 bedroom, 1 bath, 2 parking spaces for each unit. Coin laundry available. Up to 20 units available divided between 3 different buildings in all. Sold as is but in excellent condition.

    Pat Betlinski Berkshire Hathaway HomeServices Starck Real Estate

    Section Image

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
Quit Claim Deed -- None Listed On Document
Warranty Deed $420,500 Fidelity National Title
Deed $330,000 Chicago Title
Warranty Deed $155,000 Servicelink
Legal Action Court Order -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Trustee Deed $203,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $610,000 Future Advance Clause Open End Mortgage
Previous Owner $325,000 Commercial
Previous Owner $264,000 New Conventional
Previous Owner $17,000 Commercial
Previous Owner $264,000 Unknown
Previous Owner $187,875 Fannie Mae Freddie Mac
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $420,500 -11.5% --
11/27/2024 11/27/24 Pending -- -- --
11/03/2024 11/03/24 For Sale $475,000 0.0% --
10/11/2024 10/11/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $475,000 +187.9% --
03/02/2016 03/02/16 Sold $165,000 -5.7% --
12/22/2015 12/22/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $175,000 -- --
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
2023 $7,125 $75,461 $14,297 $61,164
2022 $6,903 $70,181 $14,297 $55,884
2021 $6,621 $65,357 $13,314 $52,043
2020 $6,500 $62,221 $12,675 $49,546
2019 $6,202 $58,226 $11,861 $46,365
2018 $5,916 $52,785 $11,862 $40,923
2017 $5,722 $47,558 $10,687 $36,871
2016 $5,541 $44,892 $10,088 $34,804
2013 -- $44,963 $10,104 $34,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12158632

Midwest Real Estate Data (MRED)

APN: 01-35-101-031