NOT LISTED FOR SALE

2103 Main Street Rd Spring Grove, IL 60081

Estimated Value: $190,000 - $375,000

4 Beds
3 Baths
-- Sq Ft
0.5 Acres

Last Sold May 03, 2019

Last sale price $98,000

Est. 158% increase in value since last sale

Current estimated payment $1,627/month

27 Days on Market

Highlights

  • Balcony
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Water Softener is Owned

About This Home

As of May 2019

Great Investment! 2 unit complex. Live in one side and rent the other!! Your mortgage will basically be covered! Both units are rented, but the 1 bedroom has a tenant that wants to stay long term. One unit has 3 bedrooms, 2 baths along with double balcony. Other unit is 1 bedroom, 1 bath and balcony. Both units overlook Nippersink Creek! Great location, walking distance to restaurant / bar. Multiple possibilities with this home, priced to sell!

Last Agent to Sell the Property

Rich Durante

Durante & Rich Real Estate License #471005836 Listed on: 03/24/2019

Last Buyer's Agent

Dawn Koenigseder

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Renovated

  • 2019

Lot Details

  • 0.5 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • 2 Units
  • Gross Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Renovated

2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 119900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Cedar

Garage/Parking

  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 157

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 21,780
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 18300
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 4055.88
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Melchiorre Dennis
Bought by
2103 Main Llc
Current Estimated Value
$252,585

Purchase Details

Listed on
Mar 24, 2019
Closed on
Apr 26, 2019
Sold by
Mcnamara Timothy and Mcnamara Teresa
Bought by
Melchiorre Dennis
Seller's Agent
Rich Durante
Durante & Rich Real Estate
Buyer's Agent
Dawn Koenigseder
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$119,900
Sold Price
$98,000
Premium/Discount to List
-$21,900
-18.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Jan 15, 2003
Sold by
Rempert Randel L and Rempert Gail M
Bought by
Mcnamara Timothy and Mcnamara Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,450
Interest Rate
6.3%
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
2103 Main Llc -- None Listed On Document
2103 Main Llc -- None Listed On Document
Melchiorre Dennis $98,000 First American Title
Mcnamara Timothy $131,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnamara Timothy $124,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $98,000 -18.3% --
04/20/2019 04/20/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $119,900 -- --
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 $3,395 $44,396 $11,285 $33,111
2023 $3,319 $40,585 $10,316 $30,269
2022 $3,165 $36,544 $9,289 $27,255
2021 $3,072 $35,074 $8,915 $26,159
2020 $3,031 $33,748 $8,578 $25,170
2019 $3,002 $32,663 $8,302 $24,361
2018 $4,049 $41,670 $7,959 $33,711
2017 $4,056 $39,682 $7,579 $32,103
2016 $4,012 $37,204 $7,106 $30,098
2013 -- $35,176 $6,718 $28,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10318697

Midwest Real Estate Data (MRED)

APN: 04-25-226-002