NOT LISTED FOR SALE

202 S Washington St Lockport, IL 60441

Estimated Value: $325,000 - $402,000

5 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $260,000

Est. 40% increase in value since last sale

Current estimated payment $2,580/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • American Four Square Architecture
  • Heating System Uses Gas
  • Milne Grove Elementary School Rated A-
  • Detached Garage

About This Home

As of May 2021

Perfect location for this fantastic investment opportunity! Roof approximately 5 years old. Low maintenance exterior with vinyl siding. Large main floor unit has 3 bedrooms, living room, dining room and kitchen with central air. Excellent rent potential. Upper unit #1has electric baseboard heat. Tenants provide their own window ac unit. All separate meters. Upper unit #3 could be a one bedroom or studio after remodeling. 3 hot water heaters. Owner pays water bill. Large garage with extra wide driveway provides for plenty of parking. Great yard space. Lockport schools. Situated in one of Lockports historic areas.

Last Agent to Sell the Property

Melissa Bell

Coldwell Banker Real Estate Group License #471004404 Listed on: 03/06/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Airel Hermosillo

Smart Home Realty License #471015973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,841

Year Built

  • 1914

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • The property is located in a historic district
  • Heating System Uses Gas

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,841

Year Built

1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: American 4-Sq.
  • Estimated Year Built: 1914
  • Type Multi: 3 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Interior Features

  • Number Of Rooms: 11
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.16

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Schools

  • School District: 205
  • High School: Lockport Township High School
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 79.5X89.2X80X89.5
  • Parcel Identification Number: 1104232150010000

Multi Family

  • Total Number Unitsin Building: 3
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 3

Tax Info

  • Taxes: 6786.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2007
Sold by
North Star Trust Co
Bought by
Pietrzycki Christopher M
Current Estimated Value
$363,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$121,919
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,581

Purchase Details

Closed on
Feb 20, 2006
Sold by
First Midwest Bank
Bought by
North Star Trust Co and Trust #06-9341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 2000
Sold by
Gerrity Sean M and Gerrity Linda L
Bought by
First Midwest Trust Company and Trust #6558
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 Buyer Sale Price Title Company
Pietrzycki Christopher M $250,000 First American Title
North Star Trust Co $250,000 The Talon Group
First Midwest Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pietrzycki Christopher M $200,000
Previous Owner North Star Trust Co $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $260,000 0.0% --
03/10/2021 03/10/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $260,000 -- --
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
2024 $7,841 $99,330 $20,958 $78,372
2023 $7,841 $89,173 $18,815 $70,358
2022 $7,437 $83,180 $17,550 $65,630
2021 $7,286 $78,170 $16,493 $61,677
2020 $7,117 $75,600 $15,951 $59,649
2019 $6,786 $71,658 $15,119 $56,539
2018 $6,427 $66,244 $13,976 $52,268
2017 $5,976 $60,131 $12,687 $47,444
2016 $5,654 $55,468 $11,703 $43,765
2015 -- $48,677 $10,407 $38,270
2014 -- $46,805 $10,007 $36,798
2013 -- $47,760 $10,211 $37,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11013083

Midwest Real Estate Data (MRED)

APN: 11-04-23-215-001