NOT LISTED FOR SALE

13 W Grand Ave Fox Lake, IL 60020

Estimated Value: $181,176 - $237,000

1 Bed
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 16, 2022

Last sale price $175,000

Est. 21% increase in value since last sale

Current estimated payment $1,387/month

207 Days on Market

Highlights

  • Community Lake
  • Bungalow
  • Paved or Partially Paved Lot

About This Home

As of March 2022

Recently updated two-unit residence in Downtown Business District, one block from Pistakee Lake and 0.3 miles to Metra stop. This is a turn-key that already generates an 8.1% overall cap rate based on 2019 income and expenses. The interior on both units were completely remodeled in 2018 -- Tankless water heater added this year, new siding, windows plumbing and electrical done in 2018. Roof, soffit and gutters done in 2006. Sorry, rehabbers. Nothing to do here but take over from long-term owners. Finding long-term tenants has not been a problem for them. Seller would like to sell as a package deal along with 11 W Grand (two-unit side-by-side) or 15 W Grand (2BR SFH).

Last Agent to Sell the Property

Stephanie Sergenian

Berkshire Hathaway HomeServices Chicago License #475185749 Listed on: 07/21/2021

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Joe Gattone

Compass License #475159416

Last Buyer's Agent

Dawn Bremer

Keller Williams Success Realty License #475168070

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25 x 150
  • Paved or Partially Paved Lot

Home Design

  • Bungalow
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Grant Community High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Community Lake

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,489

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 193000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2
  • Number of Cars: 2
  • 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: Lake, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • High School: Grant Community High School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 25 X 150
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 21600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Tax Info

  • Tax Annual Amount: 3489
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Mar 8, 2022
Sold by
Aaron Myers
Bought by
Bremner Katherine L
Seller's Agent
Stephanie Sergenian
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Dawn Bremer
Keller Williams Success Realty
Sold Price
$175,000
Current Estimated Value
$212,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,294
Avg. Annual Appreciation
5.50%
Original Mortgage
$131,250
Outstanding Balance
$123,143
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$89,151

Purchase Details

Listed on
Dec 16, 2019
Closed on
Feb 11, 2020
Sold by
Crews Gerald P and Kingscross Enterprise Llc
Bought by
Crews Gerald P
Seller's Agent
Mark Ruda
Coldwell Banker Realty
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$165,000
Sold Price
$152,500
Premium/Discount to List
-$12,500
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jan 12, 2015
Sold by
Zorn Michael L
Bought by
Crews Gerald P

Purchase Details

Closed on
Jan 5, 2015
Sold by
Crews Daniel P
Bought by
Crews Gerald P

Purchase Details

Closed on
Feb 14, 2007
Sold by
Crews Gerald P and Crews Daniel P
Bought by
Kingscross Enterprises Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Zorn Michael L
Bought by
Crews Gerald P and Crews Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2005
Sold by
Crews Gerald P and Zorn Michael
Bought by
Kingscross Enterprises Llc

Purchase Details

Closed on
Oct 26, 2004
Sold by
Moulis Warren J and Moulis Norine T
Bought by
Crews Gerald P and Zorn Michael

Purchase Details

Closed on
Sep 6, 2001
Sold by
Rebechini Ferdinand G and Estate Of Ar Lene Duda
Bought by
Moulis Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bremner Katherine L $175,000 Chicago Title
Crews Gerald P -- None Available
Crews Gerald P -- None Available
Crews Gerald P -- None Available
Kingscross Enterprises Llc -- None Available
Crews Gerald P $125,000 None Available
Crews Gerald P -- None Available
Kingscross Enterprises Llc -- --
Crews Gerald P $335,000 Multiple
Moulis Warren $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bremner Katherine L $131,250
Previous Owner Crews Gerald P $104,000
Previous Owner Moulis Warren $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $175,000 -18.6% --
02/14/2022 02/14/22 Pending -- -- --
02/09/2022 02/09/22 For Sale -- -- --
01/19/2022 01/19/22 Pending -- -- --
10/31/2021 10/31/21 For Sale -- -- --
09/30/2021 09/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $215,000 +41.0% --
02/11/2020 02/11/20 Sold $152,500 -7.6% -- View Prior Sale
01/12/2020 01/12/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $165,000 -- --
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 $3,182 $39,669 $4,493 $35,176
2023 $3,977 $36,258 $4,233 $32,025
2022 $3,977 $43,712 $3,847 $39,865
2021 $3,481 $37,163 $3,626 $33,537
2020 $3,489 $36,632 $3,574 $33,058
2019 $3,333 $35,128 $3,427 $31,701
2018 $2,066 $21,563 $3,503 $18,060
2017 $2,020 $19,931 $3,238 $16,693
2016 $2,040 $18,228 $2,961 $15,267
2015 $2,773 $24,248 $7,109 $17,139
2014 $2,644 $24,128 $7,074 $17,054
2012 $2,402 $24,792 $7,371 $17,421
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11163679

Midwest Real Estate Data (MRED)

APN: 05-09-221-006