NOT LISTED FOR SALE

132 Wallace Ave Machesney Park, IL 61115

Estimated Value: $81,000 - $154,000

3 Beds
3 Baths
1,331 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $65,000 $49 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $783/month

21 Days on Market

Highlights

  • Multiple Garages
  • Main Floor Bedroom
  • Den
  • Community Lake
  • Farmhouse Style Home
  • Workshop

About This Home

As of July 2023

Large lot near Rock River. You can't beat the price for this place! Large fenced in lot with 5 car garage/workshop for all your toys and tools! Perfect for the car enthusiast or for small businesses of painters, landscapers and such. Large main bedroom on first floor with its own bathroom. Home needs TLC, but has so much potential! Build your sweat equity and make it your own! Property is being sold AS-IS. Come check it out and make it yours!

Last Agent to Sell the Property

Dawn Zurick

Vylla Home License #471009163 Listed on: 04/20/2023

Co-Listed By

Jennifer Long

Vylla Home License #475183992

Last Buyer's Agent

Jodi Stromberg

BHHS Crosby Starck License #475175600

BHHS Crosby Starck

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 120x176
  • Paved or Partially Paved Lot

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Driveway
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Clad Trim

Interior Spaces

  • 1,331 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Bathroom

Schools

  • Marquette Elementary School
  • Harlem Middle School
  • Harlem High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,229

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Workshop Area (Interior)
  • LivingArea: 1331
  • Room Type: Foyer, Den
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1331
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 64900
  • Waterfront: No
  • Exterior Building Type: Clad Trim

Garage/Parking

  • Garage Spaces: 5
  • Number of Cars: 5
  • Driveway: Asphalt
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Laundry Features: In Bathroom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marquette Elementary School
  • High School: Harlem High School
  • Middle/Junior School: Harlem Middle School
  • Middle/Junior School District: 122

Lot Info

  • Lot Size Acres: 0.48
  • Lot Dimensions: 120X176
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 3228.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2019
Sold by
Intercounty Judicial Sales Corporation
Bought by
Bank Of America Na
Current Estimated Value
$121,668

Purchase Details

Closed on
Oct 30, 2019
Sold by
Intercounty Judicial Sales Corporation
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 27, 2006
Bought by
Mcglaughlin Jerimiah and Mcglaughlin Nicole
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bank Of America Na -- Marinosci Law Group Pc
Bank Of America Na -- Marinosci Law Group Pc
Mcglaughlin Jerimiah $122,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $65,000 +0.2% $49 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $64,900 -- $49 / Sq Ft
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 $1,725 $21,665 $9,779 $11,886
2023 $3,574 $47,419 $8,685 $38,734
2022 $0 $43,249 $7,921 $35,328
2021 $3,229 $40,224 $7,367 $32,857
2020 $2,955 $38,316 $7,018 $31,298
2019 $3,030 $36,701 $6,722 $29,979
2018 $3,159 $35,498 $6,502 $28,996
2017 $3,170 $34,525 $6,324 $28,201
2016 $3,116 $33,838 $6,198 $27,640
2015 $3,086 $33,247 $6,090 $27,157
2014 $3,037 $33,247 $6,090 $27,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11763937

Midwest Real Estate Data (MRED)

APN: 07-36-229-008