Seller's Agent in 2023
Carrie Jass
Coldwell Banker Real Estate Group
(630) 210-6965
1 in this area
140 Total Sales
1785 Mitchell Rd Aurora, IL 60505
Indian Creek NeighborhoodEstimated Value: $659,615
8
Beds
6
Baths
2,408
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- 4.76 Acre Lot
- Storage Room
- Forced Air Heating System
About This Home
As of March 2023Attention Investors, bring your ideas. Beautiful income producing property on almost 5 acres of land. There are a total of 3 single family homes, 1 duplex, horse stalls, 4 car garage, and a 2 story barn all great rental income. The property is currently zoned Rural/Agricultural. - horse stable, main house, and two-story barn are currently not producing income at this time. Seller estimates horse stalls rent for approx. $450 each per month, main house $2000 and the whole barn approx. $2500 per month. 3 chicken coops, 1 pig pen, fruit trees, gardens are just a few other things on this great property. Roof on barn was recently replace with metal roof and new windows. Main house has metal roof, 3 bedrooms, 2 bath, walk-up attic, and partial basement. House #2 is a single-family home with 2 bedrooms, 1 bath. House #3 is a 2 bedroom, 1.5 bath. Duplex is a studio on one side and a one bedroom on the other. There is a 4 car garage. Tons of potential. Property is currently zoned Agricultural / Residential This amazing property awaits its new owner. Showings by appointment only.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475156340 Listed on: 04/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,529
Year Built
- Built in 1845
Lot Details
- 4.76 Acre Lot
- Lot Dimensions are 199.6x251.6x248.7x156.2x148.2x215.6x624.4
Parking
- Common or Shared Parking
Interior Spaces
- 1-Story Property
- Storage Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Propane
Listing and Financial Details
- Tenant pays for varies by tenant
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $5,400
- Fuel Expense $1,200
- Insurance Expense $1,600
- Maintenance Expense $150
- Trash Expense $680
- Operating Expense $16,559
- Gross Income $126,000
- Net Operating Income $54,570
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2023
Sold by
Williams Kirkton and Williams Michelle M
Bought by
1785 Mitchell Llc
Current Estimated Value
Purchase Details
Closed on
Apr 29, 1999
Sold by
Russell Lester and Russell Phyllis
Bought by
Orth Gerald L and Orth Lynne K
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
6.99%
Purchase Details
Closed on
Mar 6, 1999
Sold by
Rouse Robert D and Rouse Patricia A
Bought by
Russell Lester E and Russell Phyllis A
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
6.99%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1785 Mitchell Llc | -- | None Listed On Document | |
| Orth Gerald L | $254,000 | -- | |
| Russell Lester E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Orth Gerald L | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $800,000 | -5.9% | $332 / Sq Ft |
| 03/03/2023 03/03/23 | For Sale | $850,000 | +6.3% | $353 / Sq Ft |
| 12/08/2022 12/08/22 | Off Market | $800,000 | -- | -- |
| 11/03/2022 11/03/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $850,000 | 0.0% | $353 / Sq Ft |
| 06/22/2022 06/22/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $850,000 | -- | $353 / Sq Ft |
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 | $13,223 | $261,683 | $52,862 | $208,821 |
| 2023 | $12,051 | $233,813 | $47,232 | $186,581 |
| 2022 | $7,349 | $142,501 | $12,133 | $130,368 |
| 2021 | $7,898 | $142,802 | $11,278 | $131,524 |
| 2020 | $7,529 | $132,868 | $10,459 | $122,409 |
| 2019 | $7,447 | $123,341 | $9,675 | $113,666 |
| 2018 | $7,192 | $114,331 | $8,935 | $105,396 |
| 2017 | $7,180 | $105,601 | $8,220 | $97,381 |
| 2016 | $6,625 | $91,004 | $7,042 | $83,962 |
| 2015 | -- | $78,730 | $6,051 | $72,679 |
| 2014 | -- | $72,624 | $5,553 | $67,071 |
| 2013 | -- | $76,101 | $11,310 | $64,791 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Jass
-
Bill Jass
B
Seller Co-Listing Agent in 2023
Bill Jass
Coldwell Banker Real Estate Group
(779) 707-6966
1 in this area
23 Total Sales
-
Erik Sachs
Buyer's Agent in 2023
Erik Sachs
@ Properties
(773) 368-5515
1 in this area
60 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11378192
APN: 15-10-276-010
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