NOT LISTED FOR SALE

182 N Adams St Unit 188 Oswego, IL 60543

North Oswego Neighborhood

Estimated Value: $427,000 - $572,000

8 Beds
4 Baths
-- Sq Ft
0.91 Acres

Last Sold February 24, 2021

Last sale price $385,000

Est. 34% increase in value since last sale

Current estimated payment $3,839/month

9 Days on Market

Highlights

  • 0.91 Acre Lot
  • Deck
  • Porch
  • Oswego High School Rated A-
  • Ranch Style House
  • 4 Car Attached Garage

About This Home

As of February 2021

Investment opportunity with solid rental history... this 4 unit apartment building is located within walking distance to downtown Oswego shops and restaurants, Fox River, Hudson Crossing and miles of bike/walking trails. Each unit contains 2 bedrooms, 1 bath, living room and eat-in kitchen. Misc updates have been made within each unit, well maintained, all appliances stay. 1 & 2 car garages and storage can be included with units at tenant's request for additional monthly fee. The largest unit boasts a beautiful stone fireplace and direct access to the basement/garage. This unit is perfect for landlord use while renting the other 3. There is a large yard, deck and extensive patio for tenant use and a large paved parking lot. All of this located within SD308 schools! New well piping and pump in 2020. New roof and gutters in 2019. All units are currently rented. Selling agent will accompany all showings. Property being sold AS IS.

Last Agent to Sell the Property

Brook Henschen

Keller Williams Innovate License #475173685 Listed on: 01/25/2021

Keller Williams Innovate

Last Buyer's Agent

Brook Henschen

Keller Williams Innovate License #475173685 Listed on: 01/25/2021

Keller Williams Innovate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,348

Lot Details

  • 0.91 Acre Lot

Parking

  • 4 Car Attached Garage
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Ranch Style House
  • Combination Foundation
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Shared Well
  • Private or Community Septic Tank
  • Shared Septic

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,448
  • Maintenance Expense $3,600
  • Trash Expense $2,400
  • Gross Income $46,200
  • Net Operating Income $26,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,348

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Partially Finished,Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Fireplace-Gas,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • Room: 5

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Foundation Details: Block
  • List Price: 450000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 14
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private, Septic Shared
  • Heating: Natural Gas
  • Water Source: Shared Well

Fee Information

  • Trash Expense: 2400
  • Trash Expense Year: 2400

Schools

  • Middle/Junior School District: 308

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.91
  • Lot Dimensions: 39757
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 26550
  • Insurance Expense: 3448
  • GrossIncome: 46200
  • Maintenance Expense: 3600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 13347.56
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 18, 2021
Sold by
Garbelman Sharon and Garbelman Declaration Of Livin
Bought by
Tjc Apartments Llc
Seller's Agent
Brook Henschen
Keller Williams Innovate
Buyer's Agent
Brook Henschen
Keller Williams Innovate
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Total Days on Market
9
Current Estimated Value
$516,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,344
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Oct 12, 1998
Sold by
Garbelman Sharon
Bought by
Sharon Garbelman Declaration Living Tr
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
Tjc Apartments Llc $385,000 Fidelity National Title Ins
Sharon Garbelman Declaration Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tjc Apartments Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $385,000 -14.4% --
02/03/2021 02/03/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $450,000 +16.9% --
02/01/2021 02/01/21 Off Market $385,000 -- --
01/25/2021 01/25/21 For Sale $450,000 -- --
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 $13,171 $160,444 $28,392 $132,052
2022 $13,171 $145,858 $25,811 $120,047
2021 $13,380 $142,998 $25,305 $117,693
2020 $13,247 $140,194 $24,809 $115,385
2019 $13,348 $139,052 $24,809 $114,243
2018 $12,253 $126,033 $22,486 $103,547
2017 $11,908 $116,159 $20,724 $95,435
2016 $11,452 $110,104 $19,644 $90,460
2015 $11,549 $105,869 $18,888 $86,981
2014 -- $101,798 $18,162 $83,636
2013 -- $106,040 $18,919 $87,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10978509

Midwest Real Estate Data (MRED)

APN: 03-17-135-006