NOT LISTED FOR SALE

1620 Sycamore St Ottawa, IL 61350

Estimated Value: $99,000 - $209,000

5 Beds
2 Baths
-- Sq Ft
7,667 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $68,000

Est. 111% increase in value since last sale

Current estimated payment $1,042/month

28 Days on Market

About This Home

As of July 2021

2 Units - one unit upstairs and one unit downstairs. The duplex was totally remodeled approximately 10 years ago. There is a partial basement. Both units are rented. The back roof is new. There is an alley entrance for off street parking. Aluminum sided. Both units are rented. All interior pictures are of the upstairs unit. To interested buyers only. Make an offer

Last Agent to Sell the Property

Lloyd Chapman

Lloyd Chapman Realty Co. Listed on: 05/08/2021

Last Buyer's Agent

Erin Stuedemann

Coldwell Banker Real Estate Group License #475141525

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1802 | Remodeled in 2010

Lot Details

  • 7,667

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Ottawa Township High School

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x150
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Trash Expense $814
  • Water Sewer Expense $1,080
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1802 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1802
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 80000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Trash Expense: 814
  • Water Sewer Expenses: 1080
  • Trash Expense Year: 2020

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School District: 141

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Multi Family

  • Insurance Expense: 1000
  • GrossIncome: 14400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 5172.52
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 23, 2021
Sold by
Salz Pamela and Robert V Chapman Estate
Bought by
Wichert John and Wichert Joseph
Seller's Agent
Lloyd Chapman
Lloyd Chapman Realty Co.
Buyer's Agent
Erin Stuedemann
Coldwell Banker Real Estate Group
List Price
$87,500
Sold Price
$68,000
Premium/Discount to List
-$19,500
-22.29%
Current Estimated Value
$143,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,729
Avg. Annual Appreciation
19.75%
Original Mortgage
$41,085
Outstanding Balance
$37,711
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$107,012
Source: Public Records

Range of Values:

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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
Wichert John $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wichert John $41,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $68,000 -15.0% --
06/05/2021 06/05/21 Pending -- -- --
05/21/2021 05/21/21 Price Changed $80,000 -8.6% --
05/08/2021 05/08/21 For Sale $87,500 0.0% --
04/29/2021 04/29/21 Rented $550 0.0% --
04/22/2021 04/22/21 Under Contract -- -- --
04/14/2021 04/14/21 For Rent $550 -- --
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 $3,363 $32,652 $5,216 $27,436
2023 $3,078 $29,224 $4,668 $24,556
2022 $2,832 $26,524 $4,901 $21,623
2021 $2,673 $24,861 $4,594 $20,267
2020 $2,526 $23,616 $4,364 $19,252
2019 $2,586 $23,376 $4,320 $19,056
2018 $2,521 $22,814 $4,216 $18,598
2017 $2,435 $22,115 $4,087 $18,028
2016 $2,339 $21,167 $3,912 $17,255
2015 $2,224 $20,192 $3,732 $16,460
2012 -- $22,075 $4,080 $17,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11081511

Midwest Real Estate Data (MRED)

APN: 21-02-317002