NOT LISTED FOR SALE

207 Grove Ave Fox River Grove, IL 60021

Estimated Value: $441,000 - $554,000

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

Last Sold October 02, 2023

Last sale price $451,000

Est. 6% increase in value since last sale

Current estimated payment $3,676/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Detached Garage
  • Cary Grove High School Rated A
  • Wooded Lot
  • Water Softener is Owned

About This Home

As of October 2023

Amazing investment opportunity close to town, parks, schools, Metra, everything in walking distance! This 4-flat is in impeccable condition with tenants in place. Current rents are lower than market value due to the tenants being friends of the owner but are not long term. Roof and exterior have recently been redone, decks have been freshly stained. Main level is 3 beds/2 baths and comes with the 2 car garage. Community coin laundry room in basement. Basement unit and two 2nd story units are all 1 bed/1 bath. Interior moulding and woodwork is absolutely gorgeous and add to what makes this an attractive rental. Please contact your agent to make arrangements for viewing.

Last Agent to Sell the Property

Paul Dimmick

Keller Williams Success Realty License #475120830 Listed on: 07/10/2023

Keller Williams Success Realty

Last Buyer's Agent

Orest Zubrycky

Baird & Warner License #475175020

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,870

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off-Street Parking
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck

Schools

  • Algonquin Road Elementary School
  • Fox River Grove Middle School
  • Cary-Grove Community High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • 4 Units
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,870

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s)
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 469900
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 6
  • Number of Cars: 8
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Algonquin Road Elementary School
  • High School: Cary-Grove Community High School
  • Middle/Junior School: Fox River Grove Middle School
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 60 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 3600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8869.58
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2010
Sold by
Chicago Title Land Trust Company
Bought by
Scott Kevin
Current Estimated Value
$477,434
Source: Public Records

Range of Values:

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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
Scott Kevin -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First National Bank Of Lagrange $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $451,000 0.0% --
07/19/2023 07/19/23 Pending -- -- --
07/10/2023 07/10/23 Off Market $451,000 -- --
07/10/2023 07/10/23 For Sale $469,900 -- --
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 $12,466 $130,067 $19,272 $110,795
2023 $12,075 $116,328 $17,236 $99,092
2022 $8,870 $85,988 $15,556 $70,432
2021 $8,341 $80,108 $14,492 $65,616
2020 $8,152 $77,272 $13,979 $63,293
2019 $7,937 $73,959 $13,380 $60,579
2018 $7,857 $68,322 $12,360 $55,962
2017 $7,762 $64,364 $11,644 $52,720
2016 $7,695 $60,368 $10,921 $49,447
2013 -- $71,021 $10,188 $60,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11827338

Midwest Real Estate Data (MRED)

APN: 20-19-276-005