Seller's Agent in 2023
Matthew Rasche
Patrick Commercial Real Estate
(630) 244-8589
1 in this area
10 Total Sales
1526 N Prairie Ave Joliet, IL 60435
Cunningham NeighborhoodEstimated Value: $228,000 - $358,000
5
Beds
3
Baths
1,260
Sq Ft
$248/Sq Ft
Est. Value
About This Home
As of August 2023Welcome to this incredible 2-flat opportunity in Joliet, IL! It features a spacious first-floor unit with 2 beds, 1 bath on the main level, an additional bed and bath on the lower level, and a full laundry room. This unit is currently vacant and offers a phenomenal Owner-Occupied opportunity or the ability for an investor to maximize the total revenue of the property! The second-floor unit is rented to long-term tenants for $900/month and is a 1 bed and 1 bath unit. Enjoy a detached 2-car garage, 3 exterior parking spaces, and a prime location with easy access to amenities and transportation. Don't miss this investment opportunity! Contact us for a showing today!
Last Agent to Sell the Property
Patrick Commercial Real Estate License #475117619 Listed on: 06/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,341
Year Built
- Built in 1946
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 42 x 128
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2023
Closed on
Aug 28, 2023
Sold by
Bays John V
Bought by
Hernandez Jarelitzi and Gonzalez Katherine
Seller's Agent
Matthew Rasche
Patrick Commercial Real Estate
Buyer's Agent
L.Marie Denwood
Worth Clark Realty
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Views
124
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
$12,396
Avg. Annual Appreciation
1.96%
Original Mortgage
$294,566
Outstanding Balance
$286,764
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$25,632
Purchase Details
Closed on
May 29, 2015
Sold by
Kolenc Betty A
Bought by
Bays John V
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 |
|---|---|---|---|
| Hernandez Jarelitzi | $300,000 | None Listed On Document | |
| Bays John V | $54,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Jarelitzi | $294,566 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2023 08/29/23 | Sold | $300,000 | -1.6% | $238 / Sq Ft |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | Price Changed | $304,900 | -1.3% | $242 / Sq Ft |
| 06/23/2023 06/23/23 | For Sale | $309,000 | -- | $245 / 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 | $5,672 | $75,713 | $11,435 | $64,278 |
| 2023 | $5,672 | $67,271 | $10,160 | $57,111 |
| 2022 | $5,620 | $60,851 | $9,190 | $51,661 |
| 2021 | $5,341 | $56,833 | $8,583 | $48,250 |
| 2020 | $5,067 | $53,972 | $8,151 | $45,821 |
| 2019 | $4,820 | $50,160 | $7,575 | $42,585 |
| 2018 | $4,483 | $44,991 | $6,776 | $38,215 |
| 2017 | $4,225 | $40,905 | $6,161 | $34,744 |
| 2016 | $4,045 | $37,636 | $5,654 | $31,982 |
| 2015 | -- | $33,950 | $5,350 | $28,600 |
| 2014 | -- | $33,750 | $5,300 | $28,450 |
| 2013 | -- | $35,223 | $5,895 | $29,328 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Rasche
-
L.Marie Denwood
Buyer's Agent in 2023
L.Marie Denwood
Worth Clark Realty
(630) 364-4963
1 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11815936
APN: 30-07-05-207-002
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