NOT LISTED FOR SALE

Estimated Value: $270,239 - $291,000

5 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $175,000

Est. 59% increase in value since last sale

Current estimated payment $1,878/month

195 Days on Market

About This Home

As of February 2020

Money Making duplex! Great addition to any portfolio with its 9.5% cap rate! Fully rented with an excellent rental history. With leases until December 2019 and July 2020. Close to downtown and easy highway access for easy commuting. Tenants pay their own utilities. 3 bedroom upstairs and 2 bedroom downstairs. Both units are spacious with large windows for tons of natural light and vintage charm. New windows 2013 New roof 2017. New bathroom vanities in both units. New flooring first floor. Shared fenced in backyard. Agent owned interest. 24 hour notice required for showings. Proof of funds required before scheduling a showing.

Last Agent to Sell the Property

Lindsay Baker

Kale Realty License #475175250 Listed on: 07/22/2019

Kale Realty

Last Buyer's Agent

Michael Rothe

Redfin Corporation License #475167571

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,049

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 29.5x66

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Radiator

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $400
  • Water Sewer Expense $1,200
  • Gross Income $24,600
  • Net Operating Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,049

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 190000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Public

Fee Information

  • Trash Expense: 400
  • Water Sewer Expenses: 1200

Schools

  • Middle/Junior School District: 131

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 29.5X66
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 19680
  • Insurance Expense: 1500
  • GrossIncome: 24600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4049.18
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Feb 27, 2020
Sold by
Race Real Estate Llc
Bought by
Subramanya Raghavendra and Boloor Reshma
Seller's Agent
Lindsay Baker
Kale Realty
Buyer's Agent
Michael Rothe
Redfin Corporation
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Total Days on Market
195
Current Estimated Value
$278,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,060
Avg. Annual Appreciation
9.20%
Original Mortgage
$131,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2016
Sold by
Baker Lindsay A and Adams Jared C
Bought by
Race Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 20, 2015
Closed on
Jan 20, 2016
Sold by
Chen Zheng and Jin Jing
Bought by
Baker Lindsay A and Adams Jared C
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Karen Pence
@properties Christie's International Real Estate
List Price
$119,500
Sold Price
$93,000
Premium/Discount to List
-$26,500
-22.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$69,750
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2012
Closed on
Oct 22, 2012
Sold by
Pnc Bank Na
Bought by
Chen Zheng and Jin Jing
Seller's Agent
June Pasch
Kettley & Co. Inc. - Yorkville
Buyer's Agent
David Hackiewicz
Kettley & Co. Inc. - Sugar Grove
List Price
$47,250
Sold Price
$40,500
Premium/Discount to List
-$6,750
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.56%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Regalado Elsa M and Regalado Elsa
Bought by
Pnc Bank Na

Purchase Details

Closed on
Nov 12, 2004
Sold by
Leon Maria
Bought by
Regalado Rigoberto and Regalado Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Leon Maria and Garcia Alicia
Bought by
Leon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Leon Maria and Leon Jose
Bought by
Leon Maria and Garcia Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.46%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 312 S Spencer St, Aurora, IL 60505

    $310,000

    • 4 Beds
    • 2 Baths
    • 312 S Spencer St
    • Aurora, IL

    Great investment opportunity here in the Southeast Area Neighborhood of Aurora! Live in one unit and rent out the other! Or Rent both out for a combined monthly income! Home is in a vibrant community and it is easy to feel at home! Enjoy more privacy with the fenced in front yard and beautiful landscaping. Enjoy the long gated private driveway for added privacy and a 2 car detached garage with

    Luis Torres Eden Properties Real Estate Group

    Section Image
  • Unlisted Address

    $260,000

    • 3 Beds
    • 2 Baths

    **2 for 1!** This fantastic two-unit investment property offers great income potential. The main-level unit features two bedrooms, a living room, a dining room, and an updated kitchen. The upstairs unit includes one bedroom, a spacious living room currently used as a master bedroom, and a kitchen. Both units come with a stove and fridge. The large basement provides ample storage, and tenants

    Laura Rios Coldwell Banker Realty

    Section Image
  • 450 Center Ave, Aurora, IL 60505

    $300,000

    • 3 Beds
    • 2 Baths
    • 450 Center Ave
    • Aurora, IL

    AMAZING INVESTMENT PROPERTY! Lease both units or live in one unit and rent out the other. Great value and profitable with rental income. Unit W has 2 bedrooms, 1 bathroom, vinyl flooring and a modern kitchen with white shaker cabinets and granite countertop. Unit E has 1 bedroom and 1 bathroom, vinyl flooring, modern kitchen with white shaker cabinets and butcher blocker counter top. Both units

    Rebecca Wells My Path Properties, LLC

    Section Image
  • 121 N Smith St, Aurora, IL 60505

    $295,000

    • 3 Beds
    • 2 Baths
    • 121 N Smith St
    • Aurora, IL

    This charming two-unit investment property features spacious 2-bedroom apartments on each floor, a full basement, a two-car garage, a shed for extra storage, and a large, fenced backyard. Both units come with a stove and fridge. Fully leased and income-generating, it's ideal for investors or multi-generational living. New roof, gutters and water heater.

    Laura Rios Coldwell Banker Realty

    Section Image
  • 735 Sexton St, Aurora, IL 60505

    $314,900

    • 6 Beds
    • 3 Baths
    • 735 Sexton St
    • Aurora, IL

    Multiple offers received, the seller is in the process of reviewing them. Welcome to this well-maintained multifamily home! The first unit features 3 spacious bedrooms, 1 full bathroom, a comfortable living room, and a dedicated dining area-perfect for family gatherings. With ample storage space and freshly painted neutral tones throughout, the unit feels bright and move-in ready. Step out

    Claudia Torres Century 21 Circle - Aurora

    Section Image
  • 1101 Indian Ave, Aurora, IL 60505

    $339,000

    • 5 Beds
    • 2 Baths
    • 1101 Indian Ave
    • Aurora, IL

    Excellent Investment Opportunity in Aurora! Welcome to 1101 Indian Ave - a solid brick 2-unit property located in a convenient, well-established neighborhood. Each unit offers spacious layouts with separate entrances, providing ideal flexibility for rental income or multigenerational living. What truly sets this property apart? Exceptionally low property taxes! This dramatically improves your

    Zachary Kraus Charles Rutenberg Realty of IL

    Section Image
  • 601 Iowa Ave, Aurora, IL 60506

    $289,900

    • 4 Beds
    • 2 Baths
    • 601 Iowa Ave
    • Aurora, IL

    Welcome to this fully occupied 4 bed, 2 bath split-level duplex located in a quiet residential area on Aurora's west side. Each unit is a 2 bed, 1 bath. This home has been recently renovated with new siding, gutters, windows and roof installed at the beginning of 2024. Offering reduced maintenance for years to come. This Home also includes a single car garage, along with a double wide driveway

    Henry Torn ListWithFreedom.com

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Subramanya Raghavendra $175,000 Chicago Title
Race Real Estate Llc -- Baird & Warner Title Svcs In
Baker Lindsay A $93,000 Chicago Title Insurance Co
Chen Zheng $40,500 Premier Title
Pnc Bank Na $65,000 Premier Title
Regalado Rigoberto $149,000 Chicago Title Insurance Comp
Leon Maria -- Chicago Title Insurance Comp
Leon Maria -- Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramanya Raghavendra $192,500
Closed Subramanya Raghavendra $131,250
Previous Owner Race Real Estate Llc $100,000
Previous Owner Baker Lindsay A $69,750
Previous Owner Regalado Rigoberto $134,100
Previous Owner Leon Maria $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $175,000 -7.9% --
02/02/2020 02/02/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $190,000 0.0% --
10/12/2019 10/12/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $190,000 -5.0% --
07/22/2019 07/22/19 For Sale $200,000 +115.1% --
01/22/2016 01/22/16 Sold $93,000 -5.1% --
11/30/2015 11/30/15 Pending -- -- --
09/15/2015 09/15/15 Price Changed $98,000 -1.5% --
08/12/2015 08/12/15 Price Changed $99,500 -9.1% --
07/16/2015 07/16/15 Price Changed $109,500 -8.4% --
06/20/2015 06/20/15 For Sale $119,500 +195.1% --
11/05/2012 11/05/12 Sold $40,500 -9.8% --
09/20/2012 09/20/12 Pending -- -- --
09/15/2012 09/15/12 Price Changed $44,900 -5.0% --
08/13/2012 08/13/12 For Sale $47,250 -- --
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 $4,833 $64,669 $4,441 $60,228
2022 $4,483 $59,005 $4,052 $54,953
2021 $4,435 $54,934 $3,772 $51,162
2020 $4,244 $51,026 $3,504 $47,522
2019 $4,131 $46,880 $3,247 $43,633
2018 $3,899 $42,824 $3,003 $39,821
2017 $4,049 $41,290 $2,767 $38,523
2016 $3,987 $37,887 $2,372 $35,515
2015 -- $33,942 $2,040 $31,902
2014 -- $32,557 $1,875 $30,682
2013 -- $28,030 $1,792 $26,238
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10459973

Midwest Real Estate Data (MRED)

APN: 15-27-227-003