$1,400,000
SOLD APR 15, 2024
24 Beds
13 Baths
-- Sq Ft
14.89 Acres

Recently Sold

7% Below List Price

5 Days on Market

Highlights

  • River Front
  • 14.89 Acre Lot
  • 2-minute walk to Van Horn Woods
  • Plainfield Central High School Rated A-
  • Floor Furnace

About This Home

As of May 2025

11 SINGLE FAMILY HOMES ON A RESORT LIKE SETTING ON APPROX 14 ACRES OF LAND ALONG APPROX 1,300 FEET OF THE DUPAGE RIVER FOR POTENTIAL FURTHUR DEVELOPMENT! ALL OCCUPIED - PERFECT FOR THE SAVVY INVESTOR. LOCATED NEAR RIVERWALK PARK, GOLF COURSE AND SHOPPING. PROPERTY IS ZONED R3. WATER IS WELL AND SEPTIC. CURRENT RENTS ARE BELOW MARKET VALUE. SEE OFFERING MATERIAL IN ADDITONAL INFO FOR A DETAILED LIST OF INCOME/EXPENSES AND LEASE EXPIRATIONS.

Last Agent to Sell the Property

Ronald Ohr

Avenue 1 Realty Group License #471020729 Listed on: 02/16/2024

Last Buyer's Agent

Felipe Carrillo

Kettley & Co. Inc. - Aurora

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,691

Year Built

  • Built in 1968

Lot Details

  • 14.89 Acre Lot
  • River Front
  • Additional Parcels

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 13 Bathrooms

Additional Features

  • 1-Story Property
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for varies by tenant

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $562
  • Fuel Expense $513
  • Insurance Expense $14,293
  • Maintenance Expense $4,400
  • Other Expense $4,400
  • Trash Expense $7,427
  • Operating Expense $79,448
  • Gross Income $15,722
  • Net Operating Income $99,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,691

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 1
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 24
  • Room: 4
  • Room: 0
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • List Price: 1499000

Utilities

  • Heat/Ventilation: Individual Furnaces

Fee Information

  • Trash Expense: 7427
  • Janitor Expense: 8962

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 14.89
  • Lot Dimensions: 648,608 SF
  • Lot Size Sq Ft: 648608
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Varies by Tenant
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 99783
  • Fuel Expense: 513
  • Insurance Expense: 14293
  • ElectricExpense: 562
  • GrossIncome: 15722
  • Maintenance Expense: 4400
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 79448
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 33691
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 1, 2025
Sold by
Classic Investments Llc
Bought by
Salcedo John E
Seller's Agent
Mario Carrillo
Kettley & Co. Inc. - Aurora
Buyer's Agent
Maria Orozco
RE/MAX Partners
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.27%
Original Mortgage
$294,500
Outstanding Balance
$294,500
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$54,034

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 10, 2024
Sold by
Scianna Management Inc
Bought by
Classic Investments Llc
Seller's Agent
Ronald Ohr
Avenue 1 Realty Group
Buyer's Agent
Felipe Carrillo
Kettley & Co. Inc. - Aurora
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.54%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Gudgeon Kenneth and Gudgeon Carolyn M
Bought by
Scianna Management Inc

Purchase Details

Closed on
Sep 27, 2003
Sold by
Montgomery Paul H and Montgomery Penny A
Bought by
Scianna Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,300
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $310,000 Fidelity National Title
Warranty Deed $1,400,000 Chicago Title
Warranty Deed $250,000 First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,500 New Conventional
Previous Owner $1,100,000 Unknown
Previous Owner $500,000 Stand Alone Second
Previous Owner $150,000 Credit Line Revolving
Previous Owner $524,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $310,000 0.0% $221 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/19/2025 03/19/25 Off Market $310,000 -- --
03/17/2025 03/17/25 For Sale $309,900 -77.9% $221 / Sq Ft
04/15/2024 04/15/24 Sold $1,400,000 -6.6% --
02/22/2024 02/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $1,499,000 -- --
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
2023 $6,994 $91,167 $22,107 $69,060
2022 $6,865 $81,880 $19,855 $62,025
2021 $5,943 $76,523 $18,556 $57,967
2020 $5,873 $74,352 $18,030 $56,322
2019 $5,687 $70,846 $17,180 $53,666
2018 $5,459 $66,564 $16,142 $50,422
2017 $5,314 $63,256 $15,340 $47,916
2016 $5,902 $68,395 $14,630 $53,765
2015 $5,635 $64,070 $13,705 $50,365
2014 $5,635 $61,808 $13,221 $48,587
2013 $5,635 $61,808 $13,221 $48,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11979354

Midwest Real Estate Data (MRED)

APN: 06-03-27-300-020