NOT LISTED FOR SALE

Estimated Value: $581,000 - $688,000

5 Beds
3 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $520,000

Est. 24% increase in value since last sale

Current estimated payment $4,236/month

66 Days on Market

About This Home

As of December 2021

WOW, what a transformation!!!This amazing downtown Naperville location has great flexibility. Whether it be an investment or personal use this two flat will easily convert to a single-family home or live in one and rent the other. Easy walk to shops, restaurants, Centennial beach, and the Riverwalk. Naperville award winning School District 203. The home is setback w/deep front yard and shared driveway. Unit one has 2+1 bedrooms, 1.5 bathrooms and full basement with washer & dryer. Unit 2 has 2 bedrooms, 1 bath, washer & dryer and has been completely remodeled in 2021. In 2020 there was a new driveway and central air added. In 2021 a new roof and gutters with gutter guards, all new windows, new James Hardies siding, new deck and railing leading to unit 2. The chimney was tuckpointed with new cap and whole house painted. There is parking for 5 cars or use 5th spot as an outdoor patio. Currently occupied by owners who are willing to rent unit 2. You will not be disappointed! Great neighbors and an absolutely beautiful property!

Last Agent to Sell the Property

Rick Kure

Baird & Warner Listed on: 09/01/2021

Last Buyer's Agent

Litsa Lekatsos

Compass License #475140250

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,509

Year Built

  • Built in 1906 | Remodeled in 2021

Lot Details

  • 6,534

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Naper Elementary School
  • Washington Junior High School
  • Naperville North High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 46x150

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,509

Year Built

Built in 1906 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, CO Detectors
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 539900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Off Street, Side Apron, Driveway
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Naper Elementary School
  • High School: Naperville North High School
  • Middle/Junior School: Washington Junior High School
  • Middle/Junior School District: 203

Lot Info

  • Lot Dimensions: 46X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6509
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 16, 2021
Sold by
Kure Properties Llc
Bought by
Korallus Timothy
Seller's Agent
Rick Kure
Baird & Warner
Buyer's Agent
Litsa Lekatsos
Compass
Sold Price
$520,000
Total Days on Market
66
Current Estimated Value
$644,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,952
Avg. Annual Appreciation
6.38%
Original Mortgage
$364,000
Outstanding Balance
$340,680
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$304,272

Purchase Details

Closed on
May 3, 2019
Sold by
Bre Capital Llc
Bought by
Kure Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
6.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 3, 2017
Closed on
Mar 29, 2018
Sold by
Bernard Brian and Bernard Colleen
Bought by
Bre Capital Llc
Seller's Agent
Christine Thompson
Baird & Warner
Buyer's Agent
Christine Thompson
Baird & Warner
List Price
$329,000
Sold Price
$270,000
Premium/Discount to List
-$59,000
-17.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$258,750
Interest Rate
8.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2011
Sold by
Keane Julie A
Bought by
Bernard Brian and Bernard Colleen

Purchase Details

Closed on
Jul 31, 2008
Sold by
Zitt James C
Bought by
Donald J Keane Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,875
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Zitt James
Bought by
Zitt James C and James C Zitt Sr Revocable Trust
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
Korallus Timothy $520,000 Baird & Warner Ttl Svcs Inc
Kure Properties Llc -- Servicelink
Bre Capital Llc -- Baird & Warner Title Service
Bernard Brian $254,000 Antic
Donald J Keane Trust $290,500 Ctic
Zitt James C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korallus Timothy $364,000
Previous Owner Kure Properties Llc $288,750
Previous Owner Bre Capital Llc $258,750
Previous Owner Donald J Keane Trust $215,000
Previous Owner Donald J Keane Trust $217,875
Previous Owner Zitt Margaret Mary $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $520,000 -3.7% --
11/07/2021 11/07/21 Pending -- -- --
09/29/2021 09/29/21 For Sale -- -- --
09/06/2021 09/06/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $539,900 +100.0% --
04/04/2018 04/04/18 Sold $270,000 -9.7% --
02/12/2018 02/12/18 Pending -- -- --
01/19/2018 01/19/18 Price Changed $299,000 -9.1% --
11/03/2017 11/03/17 For Sale $329,000 -- --
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
2023 $7,381 $113,750 $85,430 $28,320
2022 $6,759 $104,600 $78,240 $26,360
2021 $6,530 $100,870 $75,450 $25,420
2020 $6,509 $100,870 $75,450 $25,420
2019 $6,289 $95,940 $71,760 $24,180
2018 $6,082 $92,910 $69,010 $23,900
2017 $5,965 $89,760 $66,670 $23,090
2016 $5,831 $86,140 $63,980 $22,160
2015 $5,853 $81,790 $60,750 $21,040
2014 $5,969 $80,860 $59,120 $21,740
2013 $5,926 $81,420 $59,530 $21,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11205943

Midwest Real Estate Data (MRED)

APN: 07-13-404-020