NOT LISTED FOR SALE

1720 Joppa Ave Zion, IL 60099

Joanna Neighborhood

Estimated Value: $352,000 - $615,000

10 Beds
5 Baths
-- Sq Ft
10,454 Sq Ft Lot Lot

Sale Details

Date Sold: June 1, 2018

Last sale price $272,500 $0 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,221 / mo

12 Days on Market

About This Home

As of June 2018

ATTN INVESTORS: Fully leased 5 unit buildin. All units have 4 rms, 2 br's and 1 bth. Open floor plans. Tenants pay all utilities except heat & water. Rents low due to long timers. Coin operated washer/dryer in basement. 7 Parking spaces in rear.

Last Agent to Sell the Property

Tony Lombardo

Property Services Inc. License #471018011 Listed on: 02/19/2018

Co-Listed By

James Lombardo

Property Services Inc. License #471002916

Last Buyer's Agent

Steve Anderson

KCP Properties & Services LTD License #471019660

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $1,800
  • Insurance Expense $1,750

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 21231
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1200
  • Scavenger Expense: 2200
  • Total Annual Exp: 22909
  • Total Annual Income: 44140
  • Total Monthly Income: 3595
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 2
  • Estimated Year Built: 1970
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.24

Garage/Parking

  • Number Of Parking Spaces: 7

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s
  • Heatventilation: Gas, Hot Water, Baseboard
  • Water Expense: 1800

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 600
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 1950

Lot Info

  • Lot Dimensions: 75X143
  • Lot Sq Ft: 10725
  • Parcel Identification Number: 04174010140000

Rental Info

  • Gross Rental Income: 44140
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 1800
  • Insurance Expense: 1750
  • Other Expenses: 1200
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 10409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Mlp On Joppa Llc
Bought by
Teamw Holdings Llc
Current Estimated Value
$433,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$205,981
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
Estimated Equity
$235,031

Purchase Details

Listed on
Feb 19, 2018
Closed on
May 23, 2018
Sold by
Atg Trust Co
Bought by
Mlp On Joppa Llc
Seller's Agent
Tony Lombardo
Property Services Inc.
Buyer's Agent
Steve Anderson
KCP Properties & Services LTD
List Price
$300,000
Sold Price
$272,500
Premium/Discount to List
-$27,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$382,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teamw Holdings Llc $285,000 None Listed On Document
Mlp On Joppa Llc $272,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teamw Holdings Llc $213,750
Previous Owner Mlp On Joppa Llc $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $272,500 -9.2% --
03/03/2018 03/03/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $300,000 -- --
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
2025 $10,870 $94,183 $17,431 $76,752
2024 $10,559 $85,660 $15,854 $69,806
2023 $10,767 $76,373 $14,135 $62,238
2022 $10,767 $75,326 $13,956 $61,370
2021 $11,148 $70,662 $13,092 $57,570
2020 $10,931 $66,462 $12,314 $54,148
2019 $10,574 $61,912 $11,471 $50,441
2018 $10,926 $61,913 $11,471 $50,442
2017 $10,965 $57,433 $10,641 $46,792
2016 $10,409 $52,136 $9,660 $42,476
2015 $10,150 $47,306 $8,765 $38,541
2014 $10,730 $51,640 $9,450 $42,190
2012 $12,720 $54,995 $10,064 $44,931
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tony Lombardo

    Property Services Inc.

    Section Image
  • James Lombardo

    Seller Co-Listing Agent in 2018

    James Lombardo

    Property Services Inc.

    (312) 907-2639

    12 Total Sales

    James Lombardo
    Section Image
  • Steve Anderson

    Buyer's Agent in 2018

    Steve Anderson

    KCP Properties & Services LTD

    (847) 650-6874

    6 Total Sales

    Steve Anderson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09862803

Midwest Real Estate Data (MRED)

APN: 04-17-401-014

Illinois Lake County Zion 60099 Joanna

1720 Joppa Ave, Zion, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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