NOT LISTED FOR SALE

1523 Sisson St Lockport, IL 60441

South Lockport Neighborhood

Estimated Value: $278,000 - $331,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft

Last Sold February 23, 2018

Last sale price $204,000

Est. 45% increase in value since last sale

Current estimated payment $2,025/month

147 Days on Market

Highlights

  • American Four Square Architecture
  • First Floor Utility Room
  • Ceiling Fan
  • Lockport Township High School East Rated A
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of February 2018

INVESTORS DREAM! TWO FLAT IN GREAT CONDITION AND IN GREAT LOCATION - EXISTING TENANTS & SAME TENANTS FOR SEVERAL YEARS. BOTH UNITS HAVE TWO BEDROOMS AND ONE BATH. EACH UNIT HAS ONE CAR GARAGE. POSITIVE CASH FLOW FOR THE RIGHT LANDLORD. ROOF RECENTLY REPLACED. WALKING DISTANCE TO TRAIN AND HISTORIC DOWNTOWN LOCKPORT. GREAT OPPORTUNITY FOR IN LAW ARRANGEMENT AS WELL IF YOU WANTED TO LIVE UPSTAIRS AND THEY CAN HAVE THEIR OWN SPACE DOWNSTAIRS!

Last Agent to Sell the Property

Frank Vosholler

Real Home Helpers LLC License #475119935 Listed on: 08/28/2017

Last Buyer's Agent

Jenny Ratliff

Village Realty, Inc. License #471008164

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 51 x 100
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Taft Grade Elementary And Middle School
  • Lockport Township High School

Utilities

  • Baseboard Heating
  • Community Well
  • Satellite Dish

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,291

Year Built

Built in 1965

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Dish, CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public, Community Well

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: TAFT GRADE SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Middle/Junior School: TAFT GRADE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 51 X 100
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4291.12
  • Tax Year: 2016
  • Tax Exemptions: None

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
Aug 28, 2017
Closed on
Feb 23, 2018
Sold by
Ellul Randal A
Bought by
Coleman Patrick K
Seller's Agent
Frank Vosholler
Real Home Helpers LLC
Buyer's Agent
Jenny Ratliff
Village Realty, Inc.
List Price
$215,000
Sold Price
$204,000
Premium/Discount to List
-$11,000
-5.12%
Current Estimated Value
$296,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,249
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Mar 28, 2009
Sold by
Mallen Steve and Mallen Regina R
Bought by
Ellul Randal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,700
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coleman Patrick K $204,000 Chicago Title
Ellul Randal A $191,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellul Randal A $133,700
Closed Coleman Patrick K $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $204,000 -4.0% --
01/22/2018 01/22/18 Pending -- -- --
11/14/2017 11/14/17 Price Changed $212,500 -0.2% --
11/08/2017 11/08/17 Price Changed $213,000 -0.5% --
10/15/2017 10/15/17 Price Changed $214,000 -0.2% --
10/02/2017 10/02/17 Price Changed $214,500 -0.2% --
08/28/2017 08/28/17 For Sale $215,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,032 $83,081 $19,361 $63,720
2023 $6,032 $74,585 $17,381 $57,204
2022 $5,721 $66,209 $15,429 $50,780
2021 $4,971 $62,221 $14,500 $47,721
2020 $4,848 $60,175 $14,023 $46,152
2019 $4,626 $57,038 $13,292 $43,746
2018 $4,986 $53,783 $12,533 $41,250
2017 $4,718 $49,293 $11,486 $37,807
2016 $4,291 $43,749 $10,195 $33,554
2015 $4,606 $40,413 $9,417 $30,996
2014 $4,606 $39,620 $9,232 $30,388
2013 $4,606 $46,611 $10,861 $35,750
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Frank Vosholler

    Real Home Helpers LLC

    (708) 341-2060

    17 Total Sales

    Frank Vosholler
    Section Image
  • Jenny Ratliff

    Buyer's Agent in 2018

    Jenny Ratliff

    Village Realty, Inc.

    (708) 289-6588

    2 in this area

    145 Total Sales

    Jenny Ratliff
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09734256

Midwest Real Estate Data (MRED)

APN: 11-04-26-200-021

Illinois Will County Lockport 60441 South Lockport

1523 Sisson St, Lockport, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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