NOT LISTED FOR SALE

Estimated Value: $174,667

8 Beds
5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $320,000

Est. 45% decrease in value since last sale

Current estimated payment $1,352/month

86 Days on Market

Highlights

  • Multiple Garages
  • Patio
  • Forced Air Heating System
  • 3 Car Detached Garage
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of October 2022

MOO!!!! Here's a real cash cow ready for a new buyer - first time on the market since these homes were built. Rare offering, being sold as one package with 5 separate PINS, consisting of three rock solid stone houses (one was designed as a two-unit), a large workshop/outbuilding, 2 car garage, one car garage and two vacant lots. 2113 Hanover is 832 sq feet, built in 1949 with two bedrooms, one bath and an unfinished basement: appx room sizes 17x10 living; 14x14 kitchen; 11x10 and 11x10 bedrooms, hardwood and ceramic flooring, vestibule and hallway with built-in features, gas forced air heat, window AC unit. 2115 Hanover is 924 sq feet, built in 1949, with two bedrooms, one bath and an unfinished basement: appx room sizes 16x11 combo living/dining; 13x13 kitchen; 14x10 and 11x10 bedrooms; 10x6 mud room; 7x4 walk-in cedar closet, vestibule and hallway with built-ins, gas forced air heat and window AC unit (washer and dryer belong to tenant) 2117 Hanover is 1200 sq feet, built in 1960 and has a main level with fireplace, formal living/dining, eat in kitchen, three bedrooms, 1.5 baths, finished basement with 2nd kitchen, bathroom, bedroom, living room w/fireplace and 2nd staircase to exterior and shared laundry accessible by main level and basement. Appx. room sizes are: 18x14 living room; 13x12 dining room; 14x13 kitchen; 14x9, 11x11, 11x11 bedrooms plus basement has 19x11 kitchen; 24x14 living room; 18x12 bedroom; 15x9 laundry/utility. This home was designed as a two unit and has 2 electric meters. There is a stone workshop building on the 2115 and part of the 2117 lot, also a 2 car stone garage and a 1 car frame garage. Garages are accessible from alley. 2113 and 2115 houses have their own paved driveways off Hanover. There are two vacant lots next to the 2117 house that are included, each lot is 40x120. Total lot size shown on MLS is the dimensions of the 5 lots combined, as are the taxes. There is a shared well in the 2117 property for the 3 houses - each house has its own well tank and water softener. Windows in all homes are about 5 years old, per seller. 2117 has HW boiler heat, other homes are gas forced air. This will more than likely require a cash buyer, line of credit, commercial or portfolio loan due to multiple PINs and houses. Ideal for extended/family living situation, like owning your own street! Buyer to use due diligence with Will County to determine if it is possible to build on the vacant lots - would also make great extra parking for your tenants. Strictly being sold as-is.

Last Agent to Sell the Property

Kim Noonan

RE/MAX 10 License #471007923 Listed on: 06/30/2022

RE/MAX 10

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,989

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 180.79x124.46x215.64x120
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 3 Car Detached Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Shared Well
  • Well
  • Multiple Water Heaters
  • Water Softener is Owned
  • Private or Community Septic Tank
  • TV Antenna

Additional Features

  • Ceiling Fan
  • Patio

Community Details

  • 3 Units
  • Ingalls Park Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,989

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Ingalls Park
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: Water-Softener Owned, TV Antenna, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Kitchen
  • Basement Description: Partially Finished,Unfinished,Exterior Access,Storage Space
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Wood,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block
  • List Price: 385000
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Off Alley, Off Street, Driveway
  • ParkingTotal: 5
  • Number of Cars: 8
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas, Forced Air, Steam
  • Water Source: Private Well, Shared Well

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 180.79X124.46X215.64X120
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 10988.58
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Oct 28, 2022
Sold by
Trust Number 406
Bought by
Sergent Jeffrey
Seller's Agent
Kim Noonan
RE/MAX 10
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%
Total Days on Market
86
Views
3
Current Estimated Value
$174,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,333
Avg. Annual Appreciation
-20.70%
Source: Public Records

Range of Values:

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Average Value
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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
Sergent Jeffrey $320,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $320,000 -16.9% --
09/25/2022 09/25/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $385,000 -- --
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 $4,466 $48,039 $4,499 $43,540
2022 $4,307 $43,455 $4,070 $39,385
2021 $3,849 $40,585 $3,801 $36,784
2020 $3,678 $38,543 $3,610 $34,933
2019 $3,459 $35,821 $3,355 $32,466
2018 $3,225 $32,105 $2,999 $29,106
2017 $3,058 $29,189 $2,727 $26,462
2016 $2,828 $25,892 $2,480 $23,412
2015 $1,373 $23,300 $2,350 $20,950
2014 $1,373 $23,200 $2,350 $20,850
2013 $1,373 $24,170 $2,604 $21,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11446662

Midwest Real Estate Data (MRED)

APN: 07-13-208-021