Seller's Agent in 2017
Mary Rita Nelson
O'Neil Property Group, LLC
(815) 748-4663
32 in this area
49 Total Sales
161 John St Dekalb, IL 60115
Estimated Value: $220,000 - $292,000
13
Beds
48
Baths
--
Sq Ft
0.37
Acres
Highlights
- Meeting Room
- Forced Air Heating System
- Hot Water Heating System
About This Home
As of May 2017This is a well maintained 13 room student house. Great income, has been easy to lease and has a great rental history. Building is on the NIU campus. Cap rate of 16.8%! Coin washer and dryer, each room has designated cabinets and drawer in the communal kitchen. The rooms are nice size; you can get a bed, dresser and a love seat in the room. Each room has cable and internet. New electric, hard wired smoke detectors with alarm, roof is 1 yr old, nice deep back yard overlooking the NIU lagoon. Parking for 12 cars off street. Great investment property! Current owner purchased from a long term owner in the late 80's while attending NIU. Moved out after graduating and getting married and has used it for income ever since. Time to hand it off to the next generation.
Last Agent to Sell the Property
O'Neil Property Group, LLC License #475139885 Listed on: 05/14/2016
Last Buyer's Agent
Dan Hirsch
Coldwell Banker Real Estate Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,336
Year Built
- Built in 1920
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 69x278
Home Design
- Rooming House
- Stone Foundation
- Wood Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 13 Bedrooms
- 48 Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Hot Water Heating System
- Heating System Uses Gas
- 100 Amp Service
Community Details
Building Details
- Fuel Expense $8,921
- Insurance Expense $4,400
- Operating Expense $19,600
- Gross Income $52,800
- Net Operating Income $33,600
Additional Features
- 13 Units
- Meeting Room
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2016
Closed on
May 22, 2017
Sold by
Majcher Anthony and Majcher Heesun Jung
Bought by
Ljb Homes Llc
Seller's Agent
Mary Rita Nelson
O'Neil Property Group, LLC
Buyer's Agent
Dan Hirsch
Coldwell Banker Real Estate Group
List Price
$199,900
Sold Price
$142,000
Premium/Discount to List
-$57,900
-28.96%
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
$110,684
Avg. Annual Appreciation
6.91%
Original Mortgage
$99,400
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Ljb Homes Llc | $142,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Ljb Homes Llc | $99,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2017 05/22/17 | Sold | $142,000 | 0.0% | -- |
| 03/16/2017 03/16/17 | Rented | $335 | -4.3% | -- |
| 11/10/2016 11/10/16 | For Rent | $350 | 0.0% | -- |
| 11/07/2016 11/07/16 | Pending | -- | -- | -- |
| 10/07/2016 10/07/16 | Rented | $335 | 0.0% | -- |
| 07/24/2016 07/24/16 | For Rent | $335 | 0.0% | -- |
| 05/14/2016 05/14/16 | For Sale | $199,900 | -- | -- |
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 | $6,097 | $74,288 | $11,218 | $63,070 |
| 2023 | $5,976 | $64,773 | $9,781 | $54,992 |
| 2022 | $5,976 | $59,137 | $11,163 | $47,974 |
| 2021 | $6,138 | $55,465 | $10,470 | $44,995 |
| 2020 | $6,276 | $54,581 | $10,303 | $44,278 |
| 2019 | $6,153 | $52,436 | $9,898 | $42,538 |
| 2018 | $6,008 | $50,658 | $9,562 | $41,096 |
| 2017 | $6,065 | $48,696 | $9,192 | $39,504 |
| 2016 | $5,998 | $47,467 | $8,960 | $38,507 |
| 2015 | -- | $44,976 | $8,490 | $36,486 |
| 2014 | -- | $48,462 | $12,284 | $36,178 |
| 2013 | -- | $50,905 | $12,903 | $38,002 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Rita Nelson
-
D
Buyer's Agent in 2017
Dan Hirsch
Coldwell Banker Real Estate Group
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09226447
APN: 08-22-251-012
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