R
Seller's Agent in 2022
Richard Dawidiuk
REMAX Legends
(773) 726-8400
4 in this area
27 Total Sales
151 Linden Ave East Dundee, IL 60118
Estimated Value: $408,000 - $626,467
20
Beds
10
Baths
7,452
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- 0.86 Acre Lot
- Storage Room
- Baseboard Heating
- Laundry Room
About This Home
As of November 2022Solid Cash Flow - Low Expenses !!! ** Quality built by custom builder/owner ** Two adjacent free-standing all brick buildings with 11 garage spaces being sold as one package ** 151 Linden is a 5-unit with 5-car detached garage & 156 Linden is a 5-unit with 5-car detached garage PLUS an RV/storage garage (28' wide x 36' deep) with 20' x 13' garage door ** All units are 2 bedrooms & 1 bath ** Each building has laundry room with 1 washer & 1 dryer (owned) ** Garages bring in additional income of $13,200 ** In addition to garage parking, there is a large parking lot that can accommodate 16 cars ** Great rental location just off Rt 72/Higgins Road ** Walk to charming downtown West Dundee (named "best block" in America by Good Morning America) & the Fox River ** Minutes to Randall Road corridor & I-90 **
Last Agent to Sell the Property
REMAX Legends License #475134041 Listed on: 10/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,392
Year Built
- Built in 1968
Lot Details
- 0.86 Acre Lot
- Lot Dimensions are 299 x 134 x 255 x 138
- Additional Parcels
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
Interior Spaces
- 7,452 Sq Ft Home
- 2-Story Property
- Storage Room
- Laundry Room
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $1,194
- Fuel Expense $3,828
- Insurance Expense $3,972
- Maintenance Expense $2,000
- Trash Expense $1,850
- Water Sewer Expense $7,800
- Operating Expense $40,036
- Gross Income $167,820
- Net Operating Income $131,024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2022
Closed on
Nov 9, 2022
Sold by
Larsen Grant R
Bought by
Bocas Properties Llc
Seller's Agent
Richard Dawidiuk
REMAX Legends
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$1,515,000
Sold Price
$1,425,000
Premium/Discount to List
-$90,000
-5.94%
Total Days on Market
5
Views
25
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
-$882,664
Avg. Annual Appreciation
-28.75%
Purchase Details
Closed on
May 29, 2018
Sold by
Larsen Heidi A
Bought by
Larsen Grant R
Purchase Details
Closed on
Dec 30, 2013
Sold by
Schock Virginia A
Bought by
Larsen Grant R and Larsen Heidi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2007
Sold by
Schock Norman F and Schock Virginia A
Bought by
Schock Norman F and Norman F Schock Trust
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 |
|---|---|---|---|
| Bocas Properties Llc | $1,425,000 | -- | |
| Larsen Grant R | -- | Attorney | |
| Larsen Grant R | -- | First American Title | |
| Schock Norman F | -- | None Available | |
| Schock Virginia A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bocas Properties Llc | $525,000 | |
| Previous Owner | Larsen Grant R | $39,404 | |
| Previous Owner | Larsen Grant R | $650,000 | |
| Previous Owner | Larsen Grant R | $100,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2022 11/16/22 | Sold | $1,425,000 | -5.9% | $191 / Sq Ft |
| 10/13/2022 10/13/22 | Pending | -- | -- | -- |
| 10/07/2022 10/07/22 | For Sale | $1,515,000 | -- | $203 / 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 | $13,046 | $165,793 | $45,044 | $120,749 |
| 2023 | $12,399 | $149,175 | $40,529 | $108,646 |
| 2022 | $10,054 | $117,246 | $40,529 | $76,717 |
| 2021 | $9,696 | $110,703 | $38,267 | $72,436 |
| 2020 | $9,490 | $108,214 | $37,407 | $70,807 |
| 2019 | $9,300 | $102,729 | $35,511 | $67,218 |
| 2018 | $9,401 | $100,695 | $34,808 | $65,887 |
| 2017 | $8,966 | $94,195 | $32,561 | $61,634 |
| 2016 | $9,215 | $91,204 | $31,527 | $59,677 |
| 2015 | -- | $85,461 | $29,542 | $55,919 |
| 2014 | -- | $75,547 | $28,726 | $46,821 |
| 2013 | -- | $77,859 | $29,605 | $48,254 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
81 in this area
631 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11647881
APN: 03-23-376-003
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