$437,650
SOLD AUG 13, 2024 RENTED MAY 28, 2025
5 Beds
3 Baths
-- Sq Ft
1925 Built

Recently Sold

10% Below List Price

59 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Forced Air Heating System
  • Oswego High School Rated A-
  • 2 Car Detached Garage
  • 5-minute walk to Stonegate Park

About This Home

As of August 2024

Buyer's financing fell through. Here is your second chance! Rare mixed-use property now available in the heart of downtown Oswego! This versatile property offers the perfect blend of residential and commercial potential. Whether you're looking to run a thriving business on the main level with a spacious apartment above, or you're seeking a dual-income property with two separate apartments, this property has it all. The main floor office space is open and inviting, featuring a reception area, multiple workspace areas, a private office, an ADA-compliant bathroom, and an additional private bathroom. The second-floor apartment boasts a private entrance, ensuring privacy and convenience, and features 3 bedrooms along with a HUGE bonus loft space, providing ample room for living and storage. Additionally, the property includes a vast unfinished basement with high ceilings, offering endless possibilities for expansion or additional storage. Enjoy peace of mind with recent upgrades, including a brand-new roof, all-new siding, and newer windows throughout the property. The interiors feature extensive trim work and beautiful hardwood floors, adding a touch of elegance and charm to this already impressive property. The property includes a detached 2-car garage with a floored loft space, perfect for additional storage or potential conversion into a workspace. Utilities are metered separately for each unit, providing convenience and efficiency for both residential and commercial tenants. Situated in the heart of downtown Oswego, IL, this property benefits from over 10,000 traffic views per day, offering excellent visibility and making it a prime location for any business. 155 Chicago Road represents an incredible investment opportunity with its flexible use, prime location, and recent upgrades. Perfect for entrepreneurs, investors, or those seeking a multi-functional living space, this downtown Oswego gem is the perfect choice! Don't wait, this one won't be around long!

Last Agent to Sell the Property

Craig Caffarello

Your Place Realty Inc License #471000221 Listed on: 05/17/2024

Your Place Realty Inc

Last Buyer's Agent

Ben Kastein

Advantage Realty Group License #471011239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 66.05x181.41x66x183.68

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1

Exterior Features

  • ExteriorFeatures: Deck, Porch Screened
  • List Price: 449650
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 8
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Middle/Junior School District: 308

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66.05X181.41X66X183.68
  • Zoning: COMMR
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6882
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Aug 12, 2024
Sold by
Miss Lucys Llc
Bought by
Crosswinds Realty Llc
Seller's Agent
Craig Caffarello
Your Place Realty Inc
Buyer's Agent
Ben Kastein
Advantage Realty Group
List Price
$485,000
Sold Price
$437,650
Premium/Discount to List
-$47,350
-9.76%
Views
87
Current Estimated Value
$371,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,483
Avg. Annual Appreciation
-16.40%

Purchase Details

Closed on
Jun 3, 2021
Sold by
Alabany Bank & Trust Company Trust Na
Bought by
Miss Lucys Llc

Purchase Details

Closed on
Mar 16, 1999
Sold by
Block Michael K and Block Elaine C
Bought by
Oswego Community Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 1993
Bought by
Block Michael K and Block Elaine C

Purchase Details

Closed on
Sep 1, 1986
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Deed -- None Available
Warranty Deed $149,000 Ticor Title Insurance Compan
Deed $135,000 --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 Commercial
Previous Owner $71,132 Unknown
Previous Owner $200,000 Unknown
Previous Owner $150,000 Stand Alone First
Previous Owner $104,300 Unknown
Previous Owner $104,300 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Under Contract -- -- --
03/14/2025 03/14/25 Price Changed $1,875 -1.3% $2 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,900 -5.0% $2 / Sq Ft
01/01/2025 01/01/25 For Rent $2,000 0.0% --
10/29/2024 10/29/24 Rented $2,000 0.0% --
09/21/2024 09/21/24 Under Contract -- -- --
09/08/2024 09/08/24 Price Changed $2,000 -7.0% $2 / Sq Ft
08/23/2024 08/23/24 For Rent $2,150 0.0% --
08/13/2024 08/13/24 Sold $437,650 -2.7% --
07/16/2024 07/16/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $449,650 -3.9% --
06/21/2024 06/21/24 Price Changed $468,000 -3.5% --
06/11/2024 06/11/24 For Sale $485,000 0.0% --
05/20/2024 05/20/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $485,000 -- --
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
2024 $7,208 $89,576 $16,434 $73,142
2023 $6,450 $78,576 $14,416 $64,160
2022 $6,450 $71,432 $13,105 $58,327
2021 $6,553 $70,031 $12,848 $57,183
2020 $6,488 $68,658 $12,596 $56,062
2019 $6,537 $68,103 $12,596 $55,507
2018 $6,001 $61,727 $11,417 $50,310
2017 $5,832 $56,892 $10,523 $46,369
2016 $5,609 $53,926 $9,974 $43,952
2015 $5,656 $51,852 $9,590 $42,262
2014 -- $49,858 $9,221 $40,637
2013 -- $51,935 $9,605 $42,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12059074

Midwest Real Estate Data (MRED)

APN: 03-17-403-001