NOT LISTED FOR SALE

1224 Main St Antioch, IL 60002

Estimated Value: $2,124,000

42 Beds
24 Baths
-- Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: September 30, 2015

Last sale price $1,365,000 $0 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $14,093 / mo

66 Days on Market

About This Home

As of September 2015

24 Units. Extremely well maintained. Same Quality, Steady Mngmt for 25 yrs w/well est. tenancy and high performance. 2 Brick, 12 unit bldgs; 18-2Br, 6-1Br. Gross=$226,440;Annual Exp. $84,048 Net Inc=$142,392: 2Pins, 1224 Main/1234 Main 0217106003 / 0217106011. Bldgs are for a discerning buyer looking to step right into a very well managed/maint.,stable tenancy situation.Call Broker for appt.introduce buyer /pre-Qua

Last Agent to Sell the Property

Ira Mizell

Goldtree Realty, Inc License #471009024 Listed on: 03/24/2015

Last Buyer's Agent

Ira Mizell

Goldtree Realty, Inc License #471009024 Listed on: 03/24/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 0.53

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Finished Basement

Community Details

  • Fuel Expense $11,020
  • Insurance Expense $3,591

Listing and Financial Details

  • Tenant pays for electric
  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0.53 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: General Partnership
  • Potential Use: Condominium, Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2012
  • Net Oper Income: 142392
  • Outdoor Parking: 31-50 Spaces, Assigned Spaces, Lighted, Open, Paved, Private Lot
  • Repairs Decor Expense: 600
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 7692
  • Total Annual Exp: 84048
  • Total Annual Income: 219900
  • Total Monthly Income: 18325
  • Number of Ranges: 24
  • Number Of Refrigs: 24
  • Number Of Window A C: 16
  • Number Of Stories: 2
  • Estimated Year Built: 1965
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1965

Interior Features

  • Basement: Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Brick
  • Construction: Brick, Concrete
  • Frontage Access: County Road

Garage/Parking

  • Number Of Parking Spaces: 40

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat, Gas, Hot Water, Baseboard, Radiant
  • Water Expense: 9440

Condo/Co-op/Association

  • Units in Building: 24

Fee Information

  • Electricity Expense: 1345
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Janitor Expense: 24000

Lot Info

  • Lot Dimensions: 120 X 263
  • Lot Sq Ft: 29160
  • Parcel Identification Number: 02171060030000

Rental Info

  • Gross Rental Income: 226440
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2012
  • Fuel Expense: 11020
  • Insurance Expense: 3591
  • Other Expenses: 2630
  • Number Of Dryers: 4

Tax Info

  • Taxes: 45,078

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

Closed on
Feb 23, 2023
Sold by
Bought by
Current Estimated Value
$2,124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$580,834
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,543,166

Purchase Details

Listed on
Mar 24, 2015
Closed on
Sep 25, 2015
Sold by
Bought by
Seller's Agent
Ira Mizell
Goldtree Realty, Inc
Buyer's Agent
Ira Mizell
Goldtree Realty, Inc
List Price
$1,695,000
Sold Price
$1,365,000
Premium/Discount to List
-$330,000
-19.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,050,000
Interest Rate
3.88%
Mortgage Type
Commercial
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

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
$2,450,000 Chicago Title
$1,365,000 Ct
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 $1,450,000
Previous Owner $1,050,000
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
09/30/2015 09/30/15 Sold $1,365,000 -19.5% --
05/29/2015 05/29/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $1,695,000 -- --
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 $32,253 $341,098 $18,962 $322,136
2024 $31,126 $315,802 $17,556 $298,246
2023 $28,413 $282,774 $15,720 $267,054
2022 $28,413 $252,964 $39,173 $213,791
2021 $26,050 $236,040 $36,552 $199,488
2020 $25,988 $229,522 $35,543 $193,979
2019 $26,420 $219,492 $33,990 $185,502
2018 $26,800 $226,245 $35,412 $190,833
2017 $26,605 $215,348 $33,706 $181,642
2016 $26,022 $207,824 $32,528 $175,296
2015 $25,472 $202,538 $31,701 $170,837
2014 $23,435 $193,162 $27,667 $165,495
2012 $22,623 $201,873 $27,667 $174,206
Source: Public Records

Agents Affiliated with this Home

  • Ira Mizell

    Seller's Agent in 2015

    Ira Mizell

    Goldtree Realty, Inc

    (847) 674-4445

    70 Total Sales

    Ira Mizell
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08870868

Midwest Real Estate Data (MRED)

APN: 02-17-106-003

Illinois Lake County Antioch 60002

1224 Main St, Antioch, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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