Seller's Agent in 2019
Ron Ewing
RE/MAX
(847) 697-9404
81 Total Sales
Estimated Value: $682,000 - $754,000
11
Beds
6
Baths
5,208
Sq Ft
$138/Sq Ft
Est. Value
About This Home
As of May 2019Long time owner and building is in great condition and very well cared for. Very hands on owner that always takes care of her tenants as well as the building. Great investment opportunity. Please show one unit (Unit 2W), common areas and boiler room. Remaining units will be shown once under contract. This building is close to shopping, bus stop and train station.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,171
Year Built
- Built in 1976
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 112 x 120 x 112 x 121
Parking
- 6 to 12 Parking Spaces
Home Design
- Mansard Roof Shape
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,208 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $407
- Fuel Expense $2,549
- Insurance Expense $2,173
- Trash Expense $1,000
- Water Sewer Expense $2,814
- Operating Expense $7,407
- Gross Income $67,380
- Net Operating Income $61,297
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2019
Closed on
May 1, 2019
Sold by
Meyers Cheryl L
Bought by
Variant Investment Group Llc Iii
Seller's Agent
Ron Ewing
RE/MAX Horizon
Buyer's Agent
Jim Bechtold
Baird & Warner Fox Valley - Geneva
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,008
Avg. Annual Appreciation
6.17%
Original Mortgage
$385,000
Outstanding Balance
$337,823
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$386,380
Purchase Details
Closed on
Jun 30, 1997
Sold by
Philip J Wencek Builder Inc
Bought by
Demler Cheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.75%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Variant Investment Group Llc Iii | $495,000 | Attorney | |
| Demler Cheryl L | $275,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Variant Investment Group Llc Iii | $385,000 | |
| Previous Owner | Meyers Chcryl L | $156,000 | |
| Previous Owner | Meyers Cheryl L | $255,674 | |
| Previous Owner | Meyers Cheryl L | $515,614 | |
| Previous Owner | Demler Cheryl L | $207,822 | |
| Previous Owner | Demier Cheryl L | $210,000 | |
| Previous Owner | Demler Cheryl L | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2019 05/01/19 | Sold | $495,000 | 0.0% | $95 / Sq Ft |
| 03/10/2019 03/10/19 | Pending | -- | -- | -- |
| 01/26/2019 01/26/19 | For Sale | $495,000 | -- | $95 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $15,445 | $192,989 | $35,607 | $157,382 |
| 2023 | $14,863 | $174,351 | $32,168 | $142,183 |
| 2022 | $13,785 | $158,978 | $29,332 | $129,646 |
| 2021 | $13,261 | $148,633 | $27,423 | $121,210 |
| 2020 | $12,941 | $141,893 | $26,179 | $115,714 |
| 2019 | $12,624 | $135,162 | $24,937 | $110,225 |
| 2018 | $12,589 | $127,331 | $23,492 | $103,839 |
| 2017 | $13,171 | $128,056 | $23,625 | $104,431 |
| 2016 | $13,818 | $129,567 | $21,918 | $107,649 |
| 2015 | -- | $118,760 | $20,090 | $98,670 |
| 2014 | -- | $117,294 | $19,842 | $97,452 |
| 2013 | -- | $120,388 | $20,365 | $100,023 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Ewing
-
Jim Bechtold
Buyer's Agent in 2019
Jim Bechtold
Baird & Warner Fox Valley - Geneva
(847) 226-6645
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10258575
APN: 06-10-178-001
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