NOT LISTED FOR SALE

1338 S State St Lockport, IL 60441

Estimated Value: $291,930 - $354,000

4 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft

Last Sold August 26, 2022

Last sale price $265,000

Est. 23% increase in value since last sale

Current estimated payment $2,213/month

5 Days on Market

Highlights

  • Property is near park
  • 2-minute walk to Lockport Station
  • Porch
  • Milne Grove Elementary School Rated 9+
  • 3 Car Detached Garage
  • Ceiling Fan

About This Home

As of August 2022

FANTASTIC OPPORTUNITY TO OWN THIS RARELY AVAILABLE 4 UNIT PROPERTY WITH A LARGE 3 CAR GARAGE INCLUDED-METRA RAIL LOCATED ACROSS THE STREET-PROPERTY WAS REMODELED IN 2005-THIS BUILDING IS LOCATED NEAR DOWNTOWN LOCKPORT AND ACROSS FROM THE METRA STATION-BUILDING IS CURRENTLY FULLY RENTED WITH GREAT MONTHLY REVENUE-NEW VINYL SIDING AND NEW ROOF BOTH INSTALLED IN 2019-UNIT 3R IS A NICE STUDIO ATTACHED TO THE 3 CAR GARAGE-UNIT 2B HAS BEEN FRESHLY PAINTED, NICE EAT IN KITCHEN AND WALK IN PANTRY-LIVING ROOM HAS HARDWOOD FLOORING, CEILING FAN-1 BEDROOM WITH POSSIBLE 2ND BEDROOM-UNIT 1E FEATURES LIVING ROOM, EAT IN KITCHEN, AND 1 BEDROOM-UNIT 1W INCLUDES LIVING ROOM WITH WOOD LAMINATE FLOORING, FRONT PORCH, AND 1 BEDROOM-GREAT PROPERTY!

Last Agent to Sell the Property

Danielle Moy

@properties Christie's International Real Estate License #475120040 Listed on: 07/14/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Christopher Knollin

Realty Executives Elite License #471019537

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1880

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 82x113
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Lockport Township High School

Utilities

  • Heating System Uses Steam
  • Cable TV Available

Additional Features

  • Porch
  • Property is near park

Community Details

  • 4 Units
  • Multi Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,528

Year Built

Built in 1880

Lot Details

9,583 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Schools

  • High School: Lockport Township High School

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 82X113
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 5528
  • Tax Year: 2021

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,4 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 25, 2022
Sold by
Krumdrick Matthew J and Krumdrick Jennifer
Bought by
Pima Property Group Llc
Seller's Agent
Danielle Moy
@properties Christie's International Real Estate
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$326,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,733
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Apr 19, 2017
Closed on
Sep 25, 2017
Sold by
Jrg Properties Llc
Bought by
Krumdrick Matthew J and Krumdrick Jennifer
Seller's Agent
Michael Klimek
Pillar Realty LLC
Buyer's Agent
Jeanne Dominguez
RE/MAX 1st Service
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$165,000
Interest Rate
6.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2005
Sold by
Hammer James J and Estate Of James J Hammer Iii
Bought by
Jrg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1994
Sold by
Swetnam Neal W
Bought by
Hammer James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.64%
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

Date Buyer Sale Price Title Company
Pima Property Group Llc $265,000 None Listed On Document
Krumdrick Matthew J $220,000 Citywide Title Corporation
Jrg Properties Llc $160,000 Chicago Title Insurance Co
Hammer James $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krumdrick Matthew J $165,000
Previous Owner Jrg Properties Llc $120,000
Previous Owner Hammer James $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $265,000 -1.8% --
07/20/2022 07/20/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $269,900 +22.7% --
12/25/2017 12/25/17 Off Market $220,000 -- --
09/26/2017 09/26/17 Sold $220,000 -4.3% -- View Prior Sale
06/10/2017 06/10/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $229,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,417 $74,737 $20,958 $53,779
2023 $6,417 $67,095 $18,815 $48,280
2022 $5,810 $63,112 $17,550 $45,562
2021 $5,528 $59,310 $16,493 $42,817
2020 $5,400 $57,360 $15,951 $41,409
2019 $5,149 $54,369 $15,119 $39,250
2018 $4,876 $50,261 $13,976 $36,285
2017 $4,534 $45,624 $12,687 $32,937
2016 $4,290 $42,086 $11,703 $30,383
2015 -- $43,195 $10,407 $32,788
2014 -- $41,534 $10,007 $31,527
2013 -- $42,381 $10,211 $32,170
Source: Public Records

Agents Affiliated with this Home

  • Danielle Moy

    Seller's Agent in 2022

    Danielle Moy

    @ Properties

    (708) 466-4075

    19 in this area

    1,101 Total Sales

    Danielle Moy
    Section Image

  • C

    Buyer's Agent in 2022

    Christopher Knollin

    Realty Executives

    Section Image

  • M

    Seller's Agent in 2017

    Michael Klimek

    Pillar Realty LLC

    (708) 997-4852

    14 Total Sales

    Michael Klimek
    Section Image
  • Chris Condon

    Seller Co-Listing Agent in 2017

    Chris Condon

    john greene Commercial

    (815) 693-3005

    2 in this area

    16 Total Sales

    Chris Condon
    Section Image

  • J

    Buyer's Agent in 2017

    Jeanne Dominguez

    RE/MAX 1st Service

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11463872

Midwest Real Estate Data (MRED)

APN: 11-04-23-329-006

Illinois Will County Lockport 60441

1338 S State St, Lockport, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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