SOLD JUL 15, 2024
RENTED OCT 22, 2024
15409 S Joliet Rd Plainfield, IL 60544
East Plainfield Neighborhood
6
Beds
3
Baths
--
Sq Ft
0.4
Acres
Highlights
- Farmhouse Style Home
- Balcony
- Forced Air Heating System
- Plainfield Central High School Rated A-
- Patio
About This Home
As of July 2024Rarely Available Investor's Dream! This remarkable multi-unit spans over 3,300 square feet of living space, on an oversized 0.4 acre lot, adjacent to the Renwick Forest Preserve and bird sanctuary - just minutes to downtown, schools, restaurants, malls, I55 and more. Enjoy a lucrative, turn-key revenue stream as either an owner-occupied multi-unit or an investment-only portfolio addition. Unit 1, on the main-level, offers 4-bedrooms, 2-full baths, dressing-room, laundry room and multi-purpose room. Unit 1 is currently vacant and fair market rent is around $3,500. Unit 2, on the upper-level is currently leased for $2,350 and offers 2-bedrooms, 1-bathroom, vaulted-ceilings, modern-lighting, multi-purpose rooms including laundry-room, dressing-room, and a large exterior deck overlooking the large backyard. Extra parking accommodates 3+ cars in the front semi-circle driveway, and 4+ cars in the rear parking-lot. Updates include new Chiffon White Oak luxury vinyl plank (LVP) flooring, new roof, gutters and several new window replacements, all in less than 2 years. Sold as-is, this property attracts a variety of buyers with its unique size, design, and return on investment options including new builds on the same lot. Don't miss this opportunity to own a rare multi-unit with turn-key income, on an oversized-lot in Plainfield, IL. Schedule your viewing today and seize this rare investment gem! FHA, VA, CONVENTIONAL, CASH! | Selling AS-IS |
Last Agent to Sell the Property
Keller Williams ONEChicago License #475179138 Listed on: 05/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,454
Year Built
- Built in 1885
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 78x226
Home Design
- Farmhouse Style Home
- Brick Foundation
- Stone Foundation
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Driveway
- Parking Included in Price
- Unassigned Parking
Outdoor Features
- Balcony
- Patio
Schools
- Central Elementary School
- Indian Trail Middle School
- Plainfield Central High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2024
Closed on
Jul 15, 2024
Sold by
Lalynn Series Llc
Bought by
Sik Investing Group Llc
Seller's Agent
Tyrone Green
Keller Williams ONEChicago
Buyer's Agent
Ken Carn
Digital Realty
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
1
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
$4,551
Avg. Annual Appreciation
-0.35%
Original Mortgage
$336,000
Outstanding Balance
$333,916
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$84,699
Purchase Details
Closed on
Aug 8, 2022
Sold by
Sanders Brandon G
Bought by
Lalynn Series Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2019
Sold by
Pottorff Robert E
Bought by
Lalynn Series Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 29, 2004
Sold by
Hewlett Laverne L
Bought by
Pottorff Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 19, 2001
Sold by
Mcgowan Joan M
Bought by
Hewlett Harold S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.18%
Similar Home in Plainfield, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Chicago Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $245,000 | Stewart Title | |
| Warranty Deed | $165,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,000 | New Conventional | |
| Previous Owner | $203,000 | New Conventional | |
| Previous Owner | $183,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $130,000 | Unknown | |
| Previous Owner | $135,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2024 10/22/24 | Rented | $3,544 | -9.2% | -- |
| 09/11/2024 09/11/24 | Price Changed | $3,905 | +22.0% | $2 / Sq Ft |
| 08/15/2024 08/15/24 | Price Changed | $3,200 | +6.7% | $2 / Sq Ft |
| 08/14/2024 08/14/24 | Price Changed | $2,999 | -14.3% | $2 / Sq Ft |
| 07/16/2024 07/16/24 | For Rent | $3,500 | 0.0% | -- |
| 07/15/2024 07/15/24 | Sold | $420,000 | -6.7% | -- |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/28/2024 05/28/24 | For Sale | $450,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $9,208 | $112,804 | $19,961 | $92,843 |
| 2022 | $8,869 | $104,153 | $18,430 | $85,723 |
| 2021 | $8,014 | $97,339 | $17,224 | $80,115 |
| 2020 | $7,912 | $94,577 | $16,735 | $77,842 |
| 2019 | $7,654 | $90,117 | $15,946 | $74,171 |
| 2018 | $7,052 | $81,351 | $14,982 | $66,369 |
| 2017 | $6,855 | $77,307 | $14,237 | $63,070 |
| 2016 | $6,707 | $73,731 | $13,578 | $60,153 |
| 2015 | -- | $69,068 | $12,719 | $56,349 |
| 2014 | -- | $66,629 | $18,746 | $47,883 |
| 2013 | -- | $66,629 | $18,746 | $47,883 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Carn
Seller's Agent in 2024
Ken Carn
Digital Realty
(630) 742-6789
1 in this area
185 Total Sales
-
Tyrone Green
Seller's Agent in 2024
Tyrone Green
Keller Williams ONEChicago
(773) 997-4643
1 in this area
52 Total Sales
-
Jason Osorno
J
Buyer's Agent in 2024
Jason Osorno
Digital Realty
(224) 256-7753
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12066951
APN: 03-15-111-005
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