NOT LISTED FOR SALE

1504 Widows Rd Wilmington, IL 60481

Estimated Value: $285,000 - $393,000

6 Beds
4 Baths
2,400 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $239,900 $100 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,252/month

10 Days on Market

Highlights

  • Deck
  • Balcony
  • Heating Available
  • L.J. Stevens Intermediate School Rated A-
  • 1 Car Attached Garage

About This Home

As of March 2020

Great investment opportunity or live in one unit rent out the rest! Extensively renovated 3 unit building. New roof , Newer windows area for coin-op washer & dryer, Great cash flow and the convenient low maintenance. The first floor ranch style unit featuring 3 bedrooms, 2 bathroom and an attached 1 car garage! the second floor has a 2 bedroom 1 bath and a 1bedroom 1 bath. Building highlights include: brand new kitchens, low maintenance vinyl plank flooring in common areas and main living areas, new carpet and cushy pad, updated doors & trim, new lighting fixtures and more.

Last Listed By

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 02/21/2020

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,816

Year Renovated

  • 2019

Lot Details

  • 0.71

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck

Schools

  • Stevens Intermediate School
  • Wilmington Middle School
  • Wilmington High School

Additional Features

  • Lot Dimensions are 200x160
  • Heating Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Renovated

2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Rebuilt Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 239900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 7
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Stevens Intermediate School
  • High School: Wilmington High School
  • Middle/Junior School: Wilmington Middle School
  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 200X160
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3816
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 13, 2020
Sold by
Pro Builders Of Ii Inc
Bought by
Mugabonihela Aime
Seller's Agent
Jerrick Longest
@properties Christie's International Real Estate
Buyer's Agent
James Skorupa
Coldwell Banker Real Estate Group
List Price
$239,900
Sold Price
$239,900
Total Days on Market
10
Current Estimated Value
$318,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,650
Avg. Annual Appreciation
8.26%
Original Mortgage
$235,554
Outstanding Balance
$210,820
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$149,140

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 1, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Pro Builders Of Il Inc
Seller's Agent
Mark Shell
Pro Real Estate
Buyer's Agent
Guy Nowak
Midwest Realty Enterprises
List Price
$60,000
Sold Price
$54,000
Premium/Discount to List
-$6,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.46%

Range of Values:

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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
Mugabonihela Aime $239,900 Fidelity National Title Ins
Pro Builders Of Il Inc $54,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugabonihela Aime $235,554
Previous Owner Chicago Title Land Trust Company $175,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $239,900 0.0% $100 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $239,900 +344.3% $100 / Sq Ft
08/28/2018 08/28/18 Sold $54,000 -10.0% $23 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $60,000 -- $25 / 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
2023 $5,831 $83,309 $21,180 $62,129
2022 $5,365 $75,441 $19,180 $56,261
2021 $5,077 $70,407 $17,900 $52,507
2020 $4,997 $68,556 $17,429 $51,127
2019 $3,312 $80,251 $17,086 $63,165
2018 $5,871 $78,424 $16,697 $61,727
2017 $5,504 $73,259 $15,597 $57,662
2016 $4,994 $67,303 $14,329 $52,974
2015 $5,081 $65,693 $13,986 $51,707
2014 $5,081 $66,356 $14,127 $52,229
2013 $5,081 $70,711 $15,054 $55,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10644477

Midwest Real Estate Data (MRED)

APN: 17-23-304-013