NOT LISTED FOR SALE

202 N Main St Sandwich, IL 60548

Estimated Value: $248,861 - $291,000

5 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $265,000

Est. 5% increase in value since last sale

Current estimated payment $1,883/month

14 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Ceiling Fan
  • 2 Car Detached Garage

About This Home

As of July 2023

Incredible opportunity to invest in this money making 3 unit! Fully rented with awesome, responsible tenants. The current owner is out of state but has maintained the property and it shows! Great location downtown Sandwich, within walking distance to shopping, restaurants, post office, hospital, and Sandwich fair. Some original hardwood floors and character that you expect in an older home. Unit 1 can be a 3 bedroom with one of the rooms being tandem. Units 2 and 3 share a washer and dryer upstairs in common area. Owner currently pays utilities for all units except for electric unit 1. Utilities are not currently metered separately. Also there is a 2 car garage that is shared by unit 1 and unit 2. There is a 2nd small parcel 19-25-354-003, not buildable. Owner is a licensed real estate broker in another state. List of improvements found in additional information in the MLS. Just new in May 2023, water heater with 10 year warranty and plumbing under kitchen sink unit 1.

Last Agent to Sell the Property

Sandy Ledesma-Svensson

Coldwell Banker Real Estate Group License #475126556 Listed on: 05/22/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ken Carn

Digital Realty License #471016726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,811

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • TV Antenna

Community Details

  • 3 Units
  • Net Operating Income $22,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,811

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ 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: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: TV Antenna, CO Detectors, Ceiling Fan(s)
  • Basement Description: Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 279900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 430

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.2
  • Lot Dimensions: 125X66 (20X25)
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 22356
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4810.76
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 21, 2023
Sold by
Butler Julie Kaye
Bought by
Carn David Andrew and Carn Brooke Varry
Seller's Agent
Sandy Ledesma-Svensson
Coldwell Banker Real Estate Group
Buyer's Agent
Ken Carn
Digital Realty
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Views
149
Current Estimated Value
$277,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,215
Avg. Annual Appreciation
2.06%
Original Mortgage
$198,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Butler Christopher Dale
Bought by
Butler Julie Kaye

Purchase Details

Closed on
Aug 10, 2013
Sold by
Butler Julie K
Bought by
Butler Julie K
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
Carn David Andrew $265,000 Home Title Group Of Illinois
Butler Julie Kaye -- --
Butler Julie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carn David Andrew $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $265,000 -5.3% --
06/06/2023 06/06/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $279,900 -- --
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
2024 $4,953 $67,149 $17,512 $49,637
2023 $4,953 $59,794 $15,594 $44,200
2022 $4,722 $55,308 $14,424 $40,884
2021 $4,601 $52,770 $13,762 $39,008
2020 $4,553 $52,139 $13,597 $38,542
2019 $4,582 $50,386 $13,140 $37,246
2018 $4,412 $47,782 $12,461 $35,321
2017 $4,270 $45,261 $11,804 $33,457
2016 $4,264 $42,531 $11,092 $31,439
2015 -- $40,579 $10,583 $29,996
2014 -- $40,042 $10,443 $29,599
2013 -- $41,473 $10,816 $30,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789058

Midwest Real Estate Data (MRED)

APN: 19-25-354-004