NOT LISTED FOR SALE

204 S Maple St Sycamore, IL 60178

Estimated Value: $369,000 - $464,000

8 Beds
6 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $360,000

Est. 16% increase in value since last sale

Current estimated payment $3,300/month

77 Days on Market

Highlights

  • Corner Lot
  • Home Security System
  • Ceiling Fan
  • Porch
  • Two Heating Systems
  • 3-minute walk to Charley Laing Memorial Park

About This Home

As of February 2022

Wonderful 4 unit property one block from downtown Sycamore with restaurants, shops, library, courthouse and post office. Property generates annual income of approx.. $45,300. Large building has 3, 2 bedroom, two story apartments with hardwood floors. New hardi-board siding 2008, new windows 2008, new roof 2007. This property includes these addresses: 202 & 204 W Maple St. and 124 & 126 Elm St. The Coach House at 124 W Elm is a two bedroom with 720 square feet and washer and dryer in unit. Unit 126 is freshly painted and has new carpet. All utilities are separate and tenants pay their own utilities. The building has individual furnaces, water meters and electric meters. The zoning for this building is Legal Non-Conforming for it's current use because it is zoned C 2 - Central Business. It could be used for office spaces, etc. All units access the basement where each unit has its own washer and dryer. NOTE: This property has a CAP RATE of over 12% at list price.

Last Agent to Sell the Property

Sue Englert

Elm Street REALTORS License #475139711 Listed on: 10/14/2021

Last Buyer's Agent

Alex Rullo

RE/MAX All Pro - St Charles License #475090750

RE/MAX All Pro - St Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,666

Year Built

  • Built in 1860

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener Leased

Additional Features

  • Ceiling Fan
  • Porch

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,666

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1860
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Other Equipment: Water-Softener Rented, Security System, CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • Room: 4

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • List Price: 360000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame,Fiber Cement

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 60X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat,Scavenger,Sewer,Water

Tax Info

  • Tax Annual Amount: 10666.42
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat,Coach House,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Hayes Ryan James
Bought by
Eleven Properties Group Llc
Current Estimated Value
$416,366

Purchase Details

Closed on
Aug 16, 2022
Sold by
Eleven Properties Group Llc
Bought by
Hayes Ryan James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,375
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Mar 1, 2022
Sold by
Hayes Ryan J
Bought by
Eleven Properties Group Llc
Seller's Agent
Sue Englert
Elm Street REALTORS
Buyer's Agent
Alex Rullo
RE/MAX All Pro - St Charles
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$270,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 28, 2022
Sold by
Pollack Roy D
Bought by
Hayes Ryan J and Bonifas Brett L
Seller's Agent
Sue Englert
Elm Street REALTORS
Buyer's Agent
Alex Rullo
RE/MAX All Pro - St Charles
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Wettengel Joseph M
Bought by
Pollack Roy D and Pollack Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Ljj Venture Llc
Bought by
Wettengel Joseph M and Collingbourne Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Eleven Properties Group Llc -- --
Hayes Ryan James -- Novas Title
Eleven Properties Group Llc -- Doherty Law Firm Llc
Hayes Ryan J $360,000 Doherty Mark
Pollack Roy D $378,000 --
Wettengel Joseph M $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Ryan James $273,375
Previous Owner Hayes Ryan J $270,000
Previous Owner Pollack Roy D $254,585
Previous Owner Pollack Roy D $281,250
Previous Owner Pollack Roy D $288,000
Previous Owner Wettengel Joseph M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $360,000 0.0% --
12/31/2021 12/31/21 Pending -- -- --
12/29/2021 12/29/21 For Sale -- -- --
11/07/2021 11/07/21 Off Market $360,000 -- --
10/24/2021 10/24/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $360,000 -- --
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 $11,759 $142,345 $25,613 $116,732
2023 $11,759 $129,984 $23,389 $106,595
2022 $11,298 $119,219 $21,452 $97,767
2021 $10,799 $111,922 $20,139 $91,783
2020 $10,666 $109,171 $19,644 $89,527
2019 $10,510 $106,780 $19,214 $87,566
2018 $10,354 $103,539 $18,631 $84,908
2017 $10,130 $99,442 $17,894 $81,548
2016 $9,921 $94,906 $17,078 $77,828
2015 -- $89,323 $16,073 $73,250
2014 -- $84,820 $15,263 $69,557
2013 -- $86,445 $15,555 $70,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110748

Midwest Real Estate Data (MRED)

APN: 06-32-405-001