NOT LISTED FOR SALE

204 Meadows Rd N Bourbonnais, IL 60914

49 Beds
25 Baths
-- Sq Ft
1984 Built

Last Sold November 17, 2022

Last sale price $520,000

179 Days on Market

Highlights

  • Heating Available
  • Liberty Intermediate School Rated 9+
  • 2-minute walk to Cloud park

About This Home

As of November 2022

Location, Location. 8 Unit Fully rented with long time Tenants. Month/Month then after 1 year renting then switches to 1 year lease. New Shingle Composition roof replaced 9/2012. New sump pump 2022 There are 8 units & the 8th unit rents for $800 , 2 Bedrooms, a mon. Seller also pays $95.00 every 2 weeks for lawn care. Sold As Is.

Last Agent to Sell the Property

Terry Dziadon

Village Realty Inc License #475134204 Listed on: 02/25/2022

Village Realty Inc

Last Buyer's Agent

Jaclyn D'Andrea

Village Realty, Inc. License #475144692

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,649

Year Built

  • Built in 1984

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 49 Bedrooms
  • 25 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • 2-Story Property
  • Lot Dimensions are 167 x 110 x 160 161

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $990
  • Insurance Expense $2,200
  • Maintenance Expense $900
  • Trash Expense $1,200
  • Water Sewer Expense $4,560
  • Operating Expense $13,690
  • Gross Income $73,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,649

Year Built

Built in 1984

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1984
  • Built Before 1978 (Y/N): No
  • Information: Show-Call Listing Office,Othr-Call List Agent
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 25
  • Total Bedrooms: 49
  • Fire Protection: Hydrants On Site
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 2
  • Room: 4

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 4560

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 167 X 110 X 160 161
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 21

Multi Family

  • Insurance Expense: 2200
  • ElectricExpense: 990
  • GrossIncome: 73440
  • Maintenance Expense: 900
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 13690
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12649
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $520,000 -5.5% --
08/24/2022 08/24/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $550,000 0.0% --
06/01/2022 06/01/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $550,000 0.0% --
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $550,000 -- --
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 $15,568 $187,975 $26,729 $161,246
2023 $14,258 $173,316 $26,729 $146,587
2022 $13,715 $159,984 $26,729 $133,255
2021 $12,648 $146,652 $26,729 $119,923
2020 $12,899 $146,652 $26,729 $119,923
2019 $13,036 $146,652 $26,729 $119,923
2018 $11,887 $133,320 $26,729 $106,591
2017 $11,967 $133,320 $26,729 $106,591
2016 $11,942 $133,320 $26,729 $106,591
2015 $10,885 $119,988 $26,729 $93,259
2014 $11,615 $133,320 $26,729 $106,591
2013 -- $133,320 $26,729 $106,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11333257

Midwest Real Estate Data (MRED)
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