NOT LISTED FOR SALE

1343 Lemna Ave Bourbonnais, IL 60914

Estimated Value: $472,000 - $501,000

8 Beds
8 Baths
-- Sq Ft
0.39 Acres

Last Sold June 28, 2021

Last sale price $375,000

Est. 30% increase in value since last sale

Current estimated payment $3,708/month

4 Days on Market

About This Home

As of June 2021

Well maintained 4 unit building, close to I57. Two of the units are 2 story, 2B/1.5B. One unit is a second level unit with 2B/1.5B. One unit is main level with 2B/1.5B. All units have washer and dryer hook ups in unit and 1 car attached garages. Building is fully rented.

Last Agent to Sell the Property

Cindy Olson-Purdy

Berkshire Hathaway HomeServices Speckman Realty License #471005118 Listed on: 05/14/2021

Berkshire Hathaway HomeServices Speckman Realty

Co-Listed By

Brit Wilkening

Berkshire Hathaway HomeServices Speckman Realty License #475163585

Last Buyer's Agent

Greg Leutloff

McColly Bennett Real Estate License #475122665

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 2003

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 127x134x130x131

Parking

  • 4 Car Attached Garage
  • Off-Street Parking
  • Parking Space is Owned
  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,388

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 4
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • Room: 4

Exterior Features

  • List Price: 385000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Assigned, Off Street
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 53

Lot Info

  • Lot Size Acres: 0.39
  • Lot Dimensions: 127X134X130X131
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • TenantPays: Electric,Gas,Heat,Water

Tax Info

  • Tax Annual Amount: 11388
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 28, 2021
Sold by
Cheng Hing S and Cheng Ming L
Bought by
Trust 2744
Seller's Agent
Cindy Olson-Purdy
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Greg Leutloff
McColly Bennett Real Estate
Sold Price
$375,000
Current Estimated Value
$487,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,907
Avg. Annual Appreciation
6.58%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Trust 2744 $375,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trust 2744 $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $375,000 -2.6% --
05/19/2021 05/19/21 For Sale -- -- --
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $385,000 -- --
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 $12,591 $144,554 $21,123 $123,431
2023 $12,105 $133,846 $19,558 $114,288
2022 $11,865 $125,800 $18,851 $106,949
2021 $11,702 $123,032 $18,436 $104,596
2020 $11,177 $119,740 $17,943 $101,797
2019 $11,388 $116,252 $17,420 $98,832
2018 $11,200 $114,534 $17,163 $97,371
2017 $11,190 $111,740 $16,744 $94,996
2016 $10,965 $110,089 $16,497 $93,592
2015 $10,900 $108,999 $16,334 $92,665
2014 $10,611 $108,999 $16,334 $92,665
2013 -- $108,999 $16,334 $92,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11087711

Midwest Real Estate Data (MRED)

APN: 17-09-16-406-022