NOT LISTED FOR SALE

Estimated Value: $342,000 - $417,000

5 Beds
3 Baths
-- Sq Ft
0.47 Acres

Last Sold July 01, 2016

Last sale price $180,000

Est. 112% increase in value since last sale

Current estimated payment $2,465/month

48 Days on Market

Highlights

  • 0.47 Acre Lot
  • 2 Car Attached Garage
  • Water Softener is Owned
  • Wetlands Adjacent
  • Soaking Tub
  • Forced Air Heating System

About This Home

As of July 2016

Rare opportunity for investors or the savvy first time buyer! A well maintained move-in ready DUPLEX on a large private lot. Move right into the vacant 3 BR split level 1530 sqf unit 1445. Tenant currently occupies the 765 sqf 2 BR unit 1447. The new owner can offset housing expenses with rental income. Newer carpets in the main areas complement the neutral colors nicely. A large size water heater is newly installed in 2015. Hardwood floors and lots of closet space provide character and space to the bedrooms. The property is located only 1 mile from I-88 and a 10 minute drive from 2 Metra Stations. Close to shopping while still enjoying the quiet of a destination traffic street.

Last Agent to Sell the Property

Charlotte Trux

Keller Williams Inspire License #471019570 Listed on: 04/07/2016

Keller Williams Inspire

Last Buyer's Agent

Sandra Miramontes

Century 21 Circle License #475163794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1968

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 93.45 x 220
  • Wetlands Adjacent

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof
  • Masonite

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub
  • Separate Shower

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Mabel Odonnell Elementary School
  • C F Simmons Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $18,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1968

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: 1968
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • List Price: 209500
  • Lot Features: Wetlands adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

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

Utilities

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

Fee Information

  • Other Expenses $: 6250

Schools

  • Elementary School: MABEL ODONNELL ELEMENTARY SCHOOL
  • High School: EAST HIGH SCHOOL
  • Middle/Junior School: C F SIMMONS MIDDLE SCHOOL
  • Middle/Junior School District: 131

Lot Info

  • Lot Size Acres: 0.47
  • Lot Dimensions: 93.45 X 220
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 18950
  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 5064.76
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 24, 2016
Sold by
Declara Gruenke Glenn A and Declara Glen A Gruenke Gruenke
Bought by
Rios Brigido and Rios Ana Cleta
Seller's Agent
Charlotte Trux
Keller Williams Inspire
Buyer's Agent
Sandra Miramontes
Century 21 Circle
List Price
$224,500
Sold Price
$180,000
Premium/Discount to List
-$44,500
-19.82%
Current Estimated Value
$380,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,790
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Jun 20, 1997
Sold by
Gruenke Glenn A
Bought by
Gruenke Glenn A and Glenn A Gruenke Declaration Of
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
Rios Brigido $180,000 Citywide Title Corp
Gruenke Glenn A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $180,000 -14.1% --
05/25/2016 05/25/16 Pending -- -- --
05/19/2016 05/19/16 Price Changed $209,500 -6.7% --
04/07/2016 04/07/16 For Sale $224,500 -- --
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 $5,355 $105,979 $13,260 $92,719
2023 $5,239 $94,692 $11,848 $82,844
2022 $4,829 $86,398 $10,810 $75,588
2021 $4,820 $80,437 $10,064 $70,373
2020 $4,616 $74,714 $9,348 $65,366
2019 $4,589 $69,224 $8,661 $60,563
2018 $4,586 $65,880 $8,011 $57,869
2017 $4,821 $63,517 $7,381 $56,136
2016 $5,198 $62,775 $6,327 $56,448
2015 -- $55,324 $5,441 $49,883
2014 -- $51,798 $5,233 $46,565
2013 -- $56,089 $5,158 $50,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09188377

Midwest Real Estate Data (MRED)

APN: 15-12-352-005