NOT LISTED FOR SALE

1440 S Hamilton St Lockport, IL 60441

Estimated Value: $311,000 - $372,000

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

Last Sold September 22, 2020

Last sale price $255,000

Est. 35% increase in value since last sale

Current estimated payment $2,549/month

8 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Heating System
  • Milne Grove Elementary School Rated A-
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of September 2020

LOCATION, LOCATION, LOCATION! Lovely Duplex just steps from Historic downtown Lockport. Close to restaurant, breweries, Metra Train, schools, shopping and all the best the town has to offer. Very well cared for building with 2 bedroom, 1 bath in each unit, Plus each has a private back Deck, private Garage & both units have their own Laundry Room. A strong rental market in Lockport makes this an excellent investment. This a great opportunity to own and income generating Duplex in Lockport. Has been rented steady for many years, Newer HVAC/Central Air, Gutter Guards, Exterior just painted 2020, newer tile and carpet.

Last Agent to Sell the Property

LAURA OREMUS

Coldwell Banker Real Estate Group License #471010416 Listed on: 07/13/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kathleen Hayes

Platinum Partners Realtors License #475184248

Platinum Partners Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,061

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 79 x 91 x 79 x 89
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Milne Grove Elementary School
  • Kelvin Grove Elementary Middle School
  • Lockport Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Ceiling Fan
  • Deck

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,061

Year Built

Built in 1880

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: 1880
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Cathedral Ceilings
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Cathedral Ceilings

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 254900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Milne Grove Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Kelvin Grove Elementary School
  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 79 X 91 X 79 X 89
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 7061
  • Tax Year: 2019

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 10, 2020
Sold by
Wagner John P and Wagner Steven L
Bought by
Malmquist Bryan Erik
Seller's Agent
LAURA OREMUS
Coldwell Banker Real Estate Group
Buyer's Agent
Kathleen Hayes
Platinum Partners Realtors
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$345,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,369
Avg. Annual Appreciation
6.17%
Original Mortgage
$250,381
Outstanding Balance
$224,550
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$118,997

Purchase Details

Closed on
Oct 8, 2003
Sold by
Wagner John P
Bought by
Wagner Cyril L and Wagner Dorothy L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Malmquist Bryan Erik $255,000 Antic
Wagner Cyril L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malmquist Bryan Erik $250,381
Previous Owner Wagner John P $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $255,000 0.0% --
07/21/2020 07/21/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $254,900 -- --
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
2023 $8,187 $92,791 $18,815 $73,976
2022 $7,416 $86,555 $17,550 $69,005
2021 $7,416 $81,341 $16,493 $64,848
2020 $7,405 $78,667 $15,951 $62,716
2019 $7,061 $74,565 $15,119 $59,446
2018 $6,687 $68,931 $13,976 $54,955
2017 $6,218 $62,571 $12,687 $49,884
2016 $5,884 $57,719 $11,703 $46,016
2015 $5,404 $51,326 $10,407 $40,919
2014 $5,404 $49,352 $10,007 $39,345
2013 $5,404 $50,359 $10,211 $40,148
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10781205

Midwest Real Estate Data (MRED)

APN: 11-04-23-338-013