NOT LISTED FOR SALE

173 E John Casey Rd Bourbonnais, IL 60914

Estimated Value: $274,000 - $352,000

10 Beds
8 Baths
-- Sq Ft
1,830 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $400,000

Est. 21% decrease in value since last sale

Current estimated payment $2,269/month

3 Days on Market

Highlights

  • Multiple Garages
  • 2 Car Attached Garage
  • Ceiling Fan
  • Liberty Intermediate School Rated 9+
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of September 2022

BOURBONNAIS - FOR SALE - Great Income Producing Property! Large Duplex (Townhomes) centrally located. Both units included in price, each unit over 2,800 square feet, and both currently leased. 5 bedroom/3.5 bath on each side! Includes a 3rd lot that is a concrete parking area. Listed at a 10 cap! Live in one unit and lease the other!! Financials available upon request from qualified buyers. Great location, call today!

Last Agent to Sell the Property

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 06/06/2022

McColly Bennett Real Estate

Last Buyer's Agent

Buck Tamblyn

McColly Bennett Real Estate License #475131086 Listed on: 06/06/2022

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,767

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 111 x 66
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 8 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • Ceiling Fan
  • Patio
  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $3,000
  • Trash Expense $965
  • Gross Income $62,400
  • Net Operating Income $41,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,767

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Condo
  • New Construction: No
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 10
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Finished,Egress Window
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Side Apron, Driveway
  • ParkingTotal: 8
  • Number of Cars: 10
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 965
  • Other Expenses $: 1560
  • Trash Expense Year: 2021

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 111 X 66
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 41608
  • Insurance Expense: 2500
  • GrossIncome: 62400
  • Maintenance Expense: 3000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Tax Info

  • Tax Annual Amount: 12766.62
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Sep 16, 2022
Sold by
Weidemier Steven G and Weidemier Lauren L
Bought by
Nareddy Ravisankar Reddy
Seller's Agent
Buck Tamblyn
McColly Bennett Real Estate
Buyer's Agent
Buck Tamblyn
McColly Bennett Real Estate
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
13
Current Estimated Value
$317,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,363
Avg. Annual Appreciation
-7.12%
Original Mortgage
$150,000
Outstanding Balance
$143,250
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$174,387

Purchase Details

Closed on
Jun 27, 2008
Sold by
Tall Grass Commons Llc
Bought by
Weidemier Steven G and Weidemier Lauren L
Source: Public Records

Range of Values:

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Average Value
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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
Nareddy Ravisankar Reddy $200,000 Homestar Title
Weidemier Steven G $84,000 Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nareddy Ravisankar Reddy $150,000
Closed Weidemier Steven G $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $400,000 +0.3% --
06/10/2022 06/10/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $399,000 0.0% --
04/04/2018 04/04/18 Rented $1,700 -5.6% --
03/29/2018 03/29/18 Off Market $1,800 -- --
03/27/2018 03/27/18 For Rent $1,800 -- --
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 $7,174 $86,619 $6,413 $80,206
2023 $6,598 $80,203 $5,938 $74,265
2022 $6,627 $77,304 $5,723 $71,581
2021 $6,134 $71,117 $5,597 $65,520
2020 $6,088 $69,213 $5,447 $63,766
2019 $5,973 $67,197 $5,288 $61,909
2018 $5,903 $66,204 $5,210 $60,994
2017 $5,798 $64,589 $5,083 $59,506
2016 $5,700 $63,635 $5,008 $58,627
2015 $5,366 $59,155 $3,044 $56,111
2014 $4,777 $54,836 $3,044 $51,792
2013 -- $54,913 $3,044 $51,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11425900

Midwest Real Estate Data (MRED)

APN: 17-09-17-380-002