NOT LISTED FOR SALE

1437 Illinois Ave Ottawa, IL 61350

Estimated Value: $107,000 - $173,000

5 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold September 19, 2022

Last sale price $80,000

Est. 82% increase in value since last sale

Current estimated payment $1,042/month

63 Days on Market

About This Home

As of September 2022

West side 2 unit could be turned back into a single family. Unit 1 has 3 bedrooms and 1 bath with hardwood floors. This unit is rented month by month. Unit 2 needs some TLC. It features 2 bedrooms and 1 bath. This unit is not rented. Both units have their own electrical boxes. Property features a fenced in yard and 2 car garage. Nice neighborhood.

Last Agent to Sell the Property

Mary Wiesbrock

Windsor Realty License #475141837 Listed on: 06/14/2022

Last Buyer's Agent

Mary Wiesbrock

Windsor Realty License #475141837 Listed on: 06/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,795

Lot Details

  • Lot Dimensions are 55x149

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,795

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 55X149
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2794.6
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 19, 2022
Sold by
Allen Charles and Allen Curtis
Bought by
Deleon David D and Deleon Erika
Seller's Agent
Mary Wiesbrock
Windsor Realty
Buyer's Agent
Mary Wiesbrock
Windsor Realty
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Views
27
Current Estimated Value
$145,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,468
Avg. Annual Appreciation
18.81%
Original Mortgage
$93,000
Outstanding Balance
$88,829
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$56,639
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
Deleon David D $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon David D $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $80,000 -9.1% --
08/17/2022 08/17/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $88,000 -2.2% --
07/25/2022 07/25/22 For Sale $90,000 +12.5% --
06/27/2022 06/27/22 Off Market $80,000 -- --
06/14/2022 06/14/22 For Sale $90,000 -- --
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 $3,516 $34,137 $7,678 $26,459
2023 $3,218 $30,553 $6,872 $23,681
2022 $2,961 $27,730 $8,357 $19,373
2021 $2,795 $25,991 $7,833 $18,158
2020 $2,641 $24,690 $7,441 $17,249
2019 $2,704 $24,438 $7,365 $17,073
2018 $2,636 $23,851 $7,188 $16,663
2017 $2,546 $23,121 $6,968 $16,153
2016 $2,445 $22,129 $6,669 $15,460
2015 $1,162 $21,110 $6,362 $14,748
2012 -- $23,077 $6,955 $16,122
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11434836

Midwest Real Estate Data (MRED)

APN: 21-10-425006

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