NOT LISTED FOR SALE

1694 Molitor Rd Aurora, IL 60505

Indian Creek Neighborhood

Estimated Value: $441,970 - $541,000

8 Beds
8 Baths
-- Sq Ft
10,977 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $2,000,000

Current estimated payment $3,197/month

Highlights

  • Multiple Garages
  • 4 Car Detached Garage
  • Heating Available
  • First Floor Utility Room
  • Patio

About This Home

As of May 2022

Excellent location! Located on quiet Molitor Rd Between the Farnsworth and Eola Rd exits to I88. This building is being sold as a package with 3 other buildings for a total of 4 Buildings. There is a total of 16 units, two story townhouse apartment homes, 2 bedrooms, 1.5 ba in-unit laundry, 1 car shared garage with one exterior spot. Prairie Park and path is across the street, Chicago Premium Outlet Mall is 3 minutes away, Fox Valley Mall 10 minutes away, Metra train is a few minutes away, Pace Bus #533, Meridian and White Oak Business Parks are just a few minutes away. Great investment opportunity!!! There are 4 buildings, 4 PIN numbers.

Last Agent to Sell the Property

Sylvia Kanney

RE/MAX Professionals Select License #475185994 Listed on: 04/10/2022

RE/MAX Professionals Select

Last Buyer's Agent

Randolph Taylor

Exp Commercial, LLC License #475142701

Exp Commercial, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,847

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 60x183
  • Additional Parcels

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,847

Year Built

Built in 1971

Lot Details

0.25 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 60X183
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Water

Tax Info

  • Tax Annual Amount: 28847.28
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
May 31, 2022
Sold by
Molitor Properties Llc
Bought by
Utopia1694 Llc
Seller's Agent
Sylvia Kanney
RE/MAX Professionals Select
Buyer's Agent
Randolph Taylor
Exp Commercial, LLC
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$492,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,507,257
Avg. Annual Appreciation
-30.77%
Original Mortgage
$1,500,000
Outstanding Balance
$1,425,124
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$932,381

Purchase Details

Closed on
Sep 12, 2014
Sold by
Sandoval Peter
Bought by
Molitor Properties Llc Series 1694

Purchase Details

Closed on
Jul 24, 2012
Sold by
Molitar Properties Llc Series 1694 and Sandoval Peter
Bought by
Sandoval Peter

Purchase Details

Closed on
Sep 12, 2008
Sold by
Sandoval Peter
Bought by
Molitor Properties Llc Series 1694
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Utopia1694 Llc $2,000,000 Law Office Of Ronald M Kas
Molitor Properties Llc Series 1694 -- None Available
Sandoval Peter -- None Available
Molitor Properties Llc Series 1694 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utopia1694 Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $2,000,000 0.0% --
04/13/2022 04/13/22 For Sale $2,000,000 -- --
04/12/2022 04/12/22 Pending -- -- --
Source: Midwest Real Estate Data (MRED)

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 $7,277 $106,154 $15,152 $91,002
2023 $7,088 $94,848 $13,538 $81,310
2022 $7,619 $100,278 $12,352 $87,926
2021 $7,537 $93,360 $11,500 $81,860
2020 $7,212 $86,718 $10,682 $76,036
2019 $7,080 $80,346 $9,897 $70,449
2018 $7,035 $77,259 $9,155 $68,104
2017 $6,902 $70,378 $8,435 $61,943
2016 $7,440 $70,703 $7,230 $63,473
2015 -- $62,780 $6,217 $56,563
2014 -- $60,114 $5,714 $54,400
2013 -- $59,693 $6,067 $53,626
Source: Public Records

Agents Affiliated with this Home

  • Sylvia Kanney

    Seller's Agent in 2022

    Sylvia Kanney

    RE/MAX

    (630) 728-6719

    1 in this area

    54 Total Sales

    Sylvia Kanney
    Section Image

  • R

    Buyer's Agent in 2022

    Randolph Taylor

    Exp Commercial, LLC

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11373541

Midwest Real Estate Data (MRED)

APN: 15-12-128-008

Illinois Kane County Aurora 60505 Indian Creek

1694 Molitor Rd, Aurora, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.