Seller's Agent in 2021
Cara Lipinski
McColly Real Estate
(708) 212-7700
86 Total Sales
205 S Main St Grant Park, IL 60940
Estimated Value: $156,000 - $186,000
5
Beds
3
Baths
--
Sq Ft
4,922
Sq Ft Lot
Highlights
- Forced Air Heating System
- Ceiling Fan
- Multiple Water Heaters
- Grant Park High School Rated 9+
About This Home
As of December 2021YOU'VE BEEN WANTING TO INVEST, HERE'S YOUR OPPORTUNITY!! RENTALS ARE ALWAYS IN HIGH DEMAND!! Get return on your investment in short order when you step into this turn-key 3-unit investment property. Or be an owner occupant investor and let your rental income pay for "your" monthly payments (if owner occupant you can even use low down payment FHA financing!!). Two 2BR units & one 1BR unit all over 700SqFt each, all include refrigerator and stove, one also includes washer (2yrs). Currently 2 units are already rented on a month-to-month basis. Many updated and/or newer additions including remodeled kitchen & bath in lower-level front unit & back unit, electric updated and on circuit breakers, 10" blown in insulation in attic, shingles on back unit 5 years, most newer windows, maintenance free exterior with vinyl siding, aluminum gutters, downspouts, soffits, and most aluminum wrapped windows, all three water heaters new in 2021, pipe from septic to house new 1 year. Gas forced air heat in all three units (tenants to provide their own window AC units). Tenants pay gas & electric (owner pays water which is on two meters - one for front two units & one for back unit). Units currently rented as follows: downstairs-front rents for $575, upstairs-front most recently rented for $650, back rents for $700. Don't miss out on this prime opportunity!
Last Agent to Sell the Property
McColly Real Estate License #475142327 Listed on: 11/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,185
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 33 x 150
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Partial Basement
- Basement Cellar
- Crawl Space
Parking
- 3 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,301
- Trash Expense $40
- Water Sewer Expense $335
- Gross Income $1,925
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2021
Closed on
Dec 13, 2021
Sold by
Dillman Scott T and Dillman Carolyn S
Bought by
Trust No 3014
Seller's Agent
Cara Lipinski
McColly Real Estate
Buyer's Agent
Cara Lipinski
McColly Real Estate
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,000
Avg. Annual Appreciation
5.16%
Original Mortgage
$300,000
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2011
Sold by
Viebach Marie Trust
Bought by
Dillman Scott T and Dillman Carolyn S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trust No 3014 | $140,000 | Standard Title | |
| Dillman Scott T | $50,000 | Kankakee Cnty Title & Tr |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Trust No 3014 | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2021 12/13/21 | Sold | $140,000 | 0.0% | -- |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 11/01/2021 11/01/21 | For Sale | $140,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,250 | $49,006 | $4,456 | $44,550 |
| 2023 | $3,695 | $44,149 | $4,014 | $40,135 |
| 2022 | $3,517 | $40,879 | $3,717 | $37,162 |
| 2021 | $3,236 | $37,615 | $3,591 | $34,024 |
| 2020 | $3,185 | $36,168 | $3,453 | $32,715 |
| 2019 | $3,086 | $34,913 | $2,996 | $31,917 |
| 2018 | $3,305 | $33,814 | $2,902 | $30,912 |
| 2017 | $3,330 | $33,479 | $2,873 | $30,606 |
| 2016 | $3,240 | $32,347 | $2,776 | $29,571 |
| 2015 | $3,334 | $32,347 | $2,776 | $29,571 |
| 2014 | $3,221 | $31,405 | $2,695 | $28,710 |
| 2013 | -- | $31,964 | $2,743 | $29,221 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11259016
APN: 01-04-19-421-008
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