$175,000
SOLD FEB 28, 2020
5 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

8% Below List Price

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

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 $175,000 Chicago Title
Quit Claim Deed -- Baird & Warner Title Svcs In
Warranty Deed $93,000 Chicago Title Insurance Co
Special Warranty Deed $40,500 Premier Title
Sheriffs Deed $65,000 Premier Title
Warranty Deed $149,000 Chicago Title Insurance Comp
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Interfamily Deed Transfer -- Law Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,500 New Conventional
Closed $131,250 New Conventional
Previous Owner $100,000 Commercial
Previous Owner $69,750 New Conventional
Previous Owner $134,100 Purchase Money Mortgage
Previous Owner $59,000 New Conventional
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10459973

Midwest Real Estate Data (MRED)

APN: 15-27-227-003