NOT LISTED FOR SALE

1921 Main Street Rd Spring Grove, IL 60081

Estimated Value: $289,000 - $352,000

8 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 29, 2016

Last sale price $180,000

Est. 73% increase in value since last sale

Current estimated payment $2,059/month

115 Days on Market

Highlights

  • Corner Lot
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of January 2016

Great Investment Building! Lots of upgrades over the last 5 years, including furnaces, water heaters, roof, etc... The multi-unit building has 4 units, all currently rented. 2 bedroom, 1 bathroom units. This investment is ready to go, with rent increase potential. Bring offers!

Last Agent to Sell the Property

Jennifer Vecellio

Baird & Warner License #475166240 Listed on: 08/08/2015

Baird & Warner

Co-Listed By

Rich Durante

Durante & Rich Real Estate License #471005836

Last Buyer's Agent

Sue Kuna

Real People Realty License #475129487

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Home Design

  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Richmond-Burton Community High Elementary And Middle School
  • Richmond-Burton Community High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Built

Built in 1950

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Elementary School: RICHMOND-BURTON COMMUNITY HIGH S
  • High School: RICHMOND-BURTON COMMUNITY HIGH S
  • Middle/Junior School: RICHMOND-BURTON COMMUNITY HIGH S

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 11511.82
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 5032
  • Tax Year: 2014

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2017
Sold by
Peterie Jason T and Peterie Catherine A
Bought by
Mber Properties Llc
Current Estimated Value
$311,171

Purchase Details

Listed on
Aug 8, 2015
Closed on
Jan 20, 2016
Sold by
Mcnamara Timothy and Mcnamara Teresa O
Bought by
Peterie Jason T and Peterie Catherine A
Seller's Agent
Jennifer Vecellio
Baird & Warner
Buyer's Agent
Sue Kuna
Real People Realty
List Price
$189,999
Sold Price
$180,000
Premium/Discount to List
-$9,999
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$126,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Rempert Randel L and Rempert Gail M
Bought by
Mcnamara Timothy and Mcnamara Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,625
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mber Properties Llc -- None Available
Peterie Jason T $180,000 Chicago Title
Mcnamara Timothy $237,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterie Jason T $126,000
Previous Owner Mcnamara Timothy $225,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $180,000 -5.3% --
12/01/2015 12/01/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $189,999 -- --
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 $5,471 $72,844 $4,901 $67,943
2023 $5,460 $67,939 $4,571 $63,368
2022 $5,089 $59,763 $4,021 $55,742
2021 $4,853 $56,338 $3,791 $52,547
2020 $4,757 $53,855 $3,624 $50,231
2019 $4,793 $53,018 $3,568 $49,450
2018 $4,900 $51,379 $3,458 $47,921
2017 $4,853 $48,247 $3,247 $45,000
2016 $4,889 $46,077 $3,101 $42,976
2013 -- $44,969 $3,305 $41,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09006331

Midwest Real Estate Data (MRED)

APN: 05-30-106-004

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