Seller's Agent in 2021
Anthony Meier
Keller Williams Preferred Rlty
(708) 249-3172
1 in this area
80 Total Sales
1715 S State St Lockport, IL 60441
South Lockport Neighborhood
8
Beds
3
Baths
--
Sq Ft
0.41
Acres
Highlights
- Farmhouse Style Home
- 3 Car Detached Garage
- Forced Air Heating System
- Lockport Township High School East Rated A
- Soaking Tub
- Ceiling Fan
About This Home
As of August 2021GREAT INVESTMENT!!! CAP RATE OF 12.81% - MULTIPLE RENTAL UNITS ON THIS PROPERTY !!! ALL UNITS RENTED - ONE SINGLE FAMILY HOME , A TWO FLAT APARTMENT BUILDING , A LARGE 3 CAR GARAGE ( ALL 3 GARAGES RENTED SEPARATELY) AND A 1500 SQ FT STORAGE GARAGE. ( GARAGES AND STORAGE UNIT RENTAL AMOUNT $7200 A YEAR) TOTAL FOR ALL UNITS RENTED $39,294.00 A YEAR WITH A CAP RATE OF 12.81% - SIX SEPARATE MONTHLY RENTAL INCOMES!! ALL NEW ROOFS, NEWER HVAC SYSTEMS .. CALL TODAY FOR ADDITIONAL INFORMATION.
Last Agent to Sell the Property
Keller Williams Preferred Rlty License #471018883 Listed on: 02/02/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,278
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 243x65x236x65
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- No Garage
- Parking Space is Owned
Home Design
- Farmhouse Style Home
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
- Soaking Tub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Gross Income $39,294
- Net Operating Income $36,294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2022
Sold by
Patkowska Halina
Bought by
Patkowska Halina and Patkowski Piotr Artur
Current Estimated Value
Purchase Details
Listed on
Jun 3, 2021
Closed on
Jul 26, 2021
Sold by
Barraza Joel
Bought by
Patkowska Halins
Seller's Agent
Anthony Meier
Keller Williams Preferred Rlty
Buyer's Agent
Adam Zagata
Real Broker LLC
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%
Original Mortgage
$258,750
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2016
Sold by
Levorse Debra and Levorse Robert
Bought by
Barraza Joel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,523
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 11, 2005
Sold by
Levorse Debra
Bought by
Levorse Debra and Levorse Robert
Purchase Details
Closed on
Nov 12, 2004
Sold by
Craig Hrechko Matthew and Craig Hrechko Melaney
Bought by
Levorse Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 19, 2003
Sold by
Steffes Leroy G and Steffes Barbara B
Bought by
Craig Hrechko Matthew and Craig Hrechko Melaney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 14, 2003
Sold by
First Midwest Bank
Bought by
Steffes Leroy G and Steffes Barbara B
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 |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $365,000 | Old Republic Title | |
| Warranty Deed | $254,000 | Citywide Title Corporation | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $300,000 | Multiple | |
| Warranty Deed | $275,000 | Multiple | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $258,750 | New Conventional | |
| Previous Owner | $242,097 | FHA | |
| Previous Owner | $245,523 | FHA | |
| Previous Owner | $200,600 | New Conventional | |
| Previous Owner | $225,000 | Purchase Money Mortgage | |
| Previous Owner | $247,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $365,000 | +1.4% | -- |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $359,900 | +41.7% | -- |
| 12/01/2016 12/01/16 | Sold | $254,000 | -2.3% | -- |
| 06/23/2016 06/23/16 | Pending | -- | -- | -- |
| 02/02/2016 02/02/16 | For Sale | $259,900 | -- | -- |
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 | $6,507 | $80,999 | $25,665 | $55,334 |
| 2023 | $6,507 | $72,717 | $23,041 | $49,676 |
| 2022 | $5,621 | $64,551 | $20,454 | $44,097 |
| 2021 | $4,834 | $60,663 | $19,222 | $41,441 |
| 2020 | $4,713 | $58,668 | $18,590 | $40,078 |
| 2019 | $4,496 | $55,610 | $17,621 | $37,989 |
| 2018 | $5,750 | $68,023 | $16,616 | $51,407 |
| 2017 | $5,392 | $62,345 | $15,229 | $47,116 |
| 2016 | $5,427 | $55,333 | $13,517 | $41,816 |
| 2015 | $5,278 | $51,114 | $12,486 | $38,628 |
| 2014 | $5,278 | $50,112 | $12,241 | $37,871 |
| 2013 | $5,278 | $58,955 | $14,401 | $44,554 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Meier
-
Joanne Meier
Seller Co-Listing Agent in 2021
Joanne Meier
Keller Williams Preferred Rlty
(708) 737-5241
1 in this area
52 Total Sales
-
Adam Zagata
Buyer's Agent in 2021
Adam Zagata
Real Broker LLC
(773) 732-3661
1 in this area
262 Total Sales
-
David Jaracz
Buyer's Agent in 2016
David Jaracz
Savvy Properties Inc
(773) 710-4376
152 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09129803
APN: 11-04-26-104-004
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