NOT LISTED FOR SALE

14315 S Division St Posen, IL 60469

Estimated Value: $229,350 - $297,000

5 Beds
3 Baths
525 Sq Ft
$494/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $182,000 $347 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,692/month

53 Days on Market

Highlights

  • 0.21 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Memorial Park
  • 2 Car Attached Garage
  • Paved or Partially Paved Lot

About This Home

As of May 2020

GREAT INVESTMENT OPPORTUNITY. 3 units total consists of a 2 flat with basement and attached garage, both units are 2 bedroom 1 bath each. there is a separate coach house with 1 bedroom and a den that ( could be used as small bedroom) entire property was gut rehabbed in 2012 all units plus roof, siding and windows. all leases are currently month to month but all will sign new leases if desired. please allow 24 hour ntice for showings

Last Agent to Sell the Property

Bruce La Ha

RE/MAX 10 License #475102758 Listed on: 01/17/2020

RE/MAX 10

Last Buyer's Agent

Jwon Martin

Coldwell Banker Realty License #471019914

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,496

Year Built

  • Built in 1950 | Remodeled in 2012

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 130x190
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,496

Year Built

Built in 1950 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 179900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 143

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 130X190
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7496
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
May 21, 2020
Sold by
Blue Posen Properties Llc
Bought by
Martin Jerry
Seller's Agent
Bruce La Ha
RE/MAX 10
Buyer's Agent
Jwon Martin
Coldwell Banker Realty
List Price
$185,000
Sold Price
$182,000
Premium/Discount to List
-$3,000
-1.62%
Current Estimated Value
$259,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,338
Avg. Annual Appreciation
7.13%
Original Mortgage
$178,703
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2018
Sold by
Rice Gary D
Bought by
Blue Posen Properties Llc

Purchase Details

Closed on
Jul 24, 2013
Sold by
Rice Gary D
Bought by
Blue Posen Properties Llc

Purchase Details

Closed on
May 9, 2012
Sold by
Blue Posen Properties Llc
Bought by
Rice Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2009
Sold by
Reo Properties Corporation
Bought by
Blue Posen Properties Llc

Purchase Details

Closed on
Sep 2, 2009
Sold by
Espinoza Maria
Bought by
Reo Properties

Purchase Details

Closed on
Jul 12, 2006
Sold by
The Bank Of New York
Bought by
Espinoza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
9.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 28, 2006
Sold by
Gomez
Bought by
The Bank Of New York and Holders Of The Equicredit Asset Backed C

Purchase Details

Closed on
Dec 29, 1997
Sold by
Kulasa Catherine and Kozarewicz Valerie
Bought by
Kozarewicz Leo A and Kozarewicz Valerie
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
Martin Jerry $182,000 Chicago Title
Blue Posen Properties Llc -- Attorney
Blue Posen Properties Llc -- None Available
Rice Gary -- Prism Title
Blue Posen Properties Llc $45,000 Cti
Reo Properties -- None Available
Espinoza Maria $159,000 Multiple
The Bank Of New York -- None Available
Kozarewicz Leo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jerry $178,703
Previous Owner Rice Gary $118,500
Previous Owner Espinoza Maria $31,800
Previous Owner Espinoza Maria $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $182,000 +1.2% $347 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $179,900 -2.8% $343 / Sq Ft
01/17/2020 01/17/20 For Sale $185,000 -- $352 / 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 $9,229 $22,744 $2,744 $20,000
2023 $8,822 $22,744 $2,744 $20,000
2022 $8,822 $18,609 $2,287 $16,322
2021 $8,654 $18,607 $2,286 $16,321
2020 $10,102 $18,607 $2,286 $16,321
2019 $5,881 $10,770 $2,058 $8,712
2018 $6,769 $12,721 $2,058 $10,663
2017 $6,713 $12,721 $2,058 $10,663
2016 $5,422 $10,730 $1,829 $8,901
2015 $6,441 $13,051 $1,829 $11,222
2014 $6,274 $13,051 $1,829 $11,222
2013 $4,448 $10,013 $1,829 $8,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10613587

Midwest Real Estate Data (MRED)

APN: 29-07-105-033-0000