NOT LISTED FOR SALE

188 E 2nd St Manteno, IL 60950

Estimated Value: $216,000 - $341,000

8 Beds
4 Baths
-- Sq Ft
6,142 Sq Ft Lot

Last Sold May 18, 2015

Last sale price $210,000

Est. 37% increase in value since last sale

Current estimated payment $2,076/month

293 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • Heating Available
  • 3-minute walk to Hendrickson Park
  • Manteno Middle School Rated 9+

About This Home

As of May 2015

Instant cash flow, fully rented 4 large unit solid all brick building in a very convenient location in Manteno with new roof, windows, gutters, soffits, down spouts, new kitchen cabinets and counters in most units, coin laundry for extra income, 1 section 8 and 3 month to month leases, all rents can be increased to match rent in the area. GREAT property.

Last Agent to Sell the Property

Azza Tawfik

McColly Bennett Real Estate License #475115067 Listed on: 06/18/2014

McColly Bennett Real Estate

Last Buyer's Agent

Kelly Winterroth

McColly Bennett Real Estate License #475123080

McColly Bennett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 38.8x160x99.31x153
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Heating Available

Community Details

  • 4 Units
  • Gross Income $30,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,050

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Visitor Parking
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 38.8X160X99.31X153
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Heat

Multi Family

  • GrossIncome: 30300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5050
  • Tax Year: 2013
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
May 18, 2015
Sold by
Mills Ernest L
Bought by
Municipal Trust & Svgs Bk Tr 2578
Seller's Agent
Azza Tawfik
McColly Bennett Real Estate
Buyer's Agent
Kelly Winterroth
McColly Bennett Real Estate
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Current Estimated Value
$287,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,663
Avg. Annual Appreciation
2.98%
Source: Public Records
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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
Municipal Trust & Svgs Bk Tr 2578 $210,000 Homestar Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $210,000 -12.5% --
04/07/2015 04/07/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $239,900 0.0% --
10/07/2014 10/07/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $239,900 0.0% --
07/29/2014 07/29/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $239,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,981 $76,031 $12,239 $63,792
2023 $6,820 $69,760 $11,228 $58,532
2022 $6,342 $61,266 $10,138 $51,128
2021 $6,266 $59,662 $10,138 $49,524
2020 $6,159 $56,929 $9,867 $47,062
2019 $6,140 $56,365 $9,769 $46,596
2018 $5,862 $54,918 $9,625 $45,293
2017 $6,113 $57,657 $9,530 $48,127
2016 $5,945 $58,327 $9,530 $48,797
2015 $5,629 $56,097 $9,343 $46,754
2014 $5,154 $53,664 $9,205 $44,459
2013 -- $54,206 $9,298 $44,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08648531

Midwest Real Estate Data (MRED)

APN: 03-02-22-110-010