NOT LISTED FOR SALE

Estimated Value: $591,000

7 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $631,000

Est. 6% decrease in value since last sale

Current estimated payment $4,518/month

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • Davis Primary School Rated A-
  • Forced Air Heating System

About This Home

As of June 2021

SELDOM AVAILABLE AND WELL MAINTAINED 4 UNIT BRICK BUILDING WITH AWESOME LOCATION WALKING DISTANCE TO DOWN TOWN ST CHARLES. HIGH DEMAND AREA AND VERY EASY TO RENT OUT. 3 CAR DETACHED GARAGE. NEW WINDOWS, SIDING AND CONCRETE PATIO. ROOF WAS RECENTLY SERVICED. ALL UNITS HAVE THEIR OWN BALCONY/PATIO. TENANTS PAY THEIR OWN UTILITIES (EXCEPT GARDEN UNIT). BUILDING HAS EASEMENT FOR EASY INGRESS AND EGRESS TO ILLINOIS AVE FROM BACK OF BUILDING. A GREAT INVESTMENT!

Last Agent to Sell the Property

Mark Pontrelli

Realty Executives Advance License #475103645 Listed on: 05/19/2021

Realty Executives Advance

Last Buyer's Agent

Carolyn Chesta

Baird & Warner Fox Valley - Geneva License #475167797

Baird & Warner Fox Valley -  Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,583

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 65x133

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,186
  • Fuel Expense $302
  • Insurance Expense $1,927
  • Maintenance Expense $750
  • Trash Expense $214
  • Gross Income $58,614
  • Net Operating Income $37,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,583

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished,Other
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 599000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 214
  • Other Expenses $: 1730
  • Trash Expense Year: 2020

Schools

  • Middle/Junior School District: 303

Lot Info

  • Lot Dimensions: 65X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Sewer,Water

Multi Family

  • Net Operating Income: 37922
  • Fuel Expense: 302
  • Insurance Expense: 1927
  • ElectricExpense: 3186
  • GrossIncome: 58614
  • Maintenance Expense: 750
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 12583.14
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 25, 2021
Sold by
Tanko Llc
Bought by
H2 Homes Llc
Seller's Agent
Mark Pontrelli
Realty Executives Advance
Buyer's Agent
Carolyn Chesta
Baird & Warner Fox Valley - Geneva
Sold Price
$631,000
Current Estimated Value
$591,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,000
Avg. Annual Appreciation
-1.58%
Original Mortgage
$1,380,000
Outstanding Balance
$886,056
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
-$295,056

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 30, 2014
Sold by
Cipcich Dennis J and Dennis J Cipich Living Trust
Bought by
Tanko Llc
Seller's Agent
Marvin Vestuto
Vestuto Real Estate Corp
Buyer's Agent
Mark Pontrelli
Realty Executives Advance
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
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
H2 Homes Llc $631,000 First American Title
Tanko Llc $400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H2 Homes Llc $1,380,000
Previous Owner The Living Trust Of Dennis J Cipcich $64,000
Previous Owner Cipcich Dennis J $225,000
Previous Owner Cipcich Dennis J $200,000
Previous Owner Cipcich Dennis J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $631,000 +5.3% --
05/26/2021 05/26/21 Pending -- -- --
05/26/2021 05/26/21 For Sale -- -- --
05/19/2021 05/19/21 For Sale $599,000 +49.8% --
12/30/2014 12/30/14 Sold $400,000 -4.7% --
11/28/2014 11/28/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $419,900 -- --
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 $15,381 $207,206 $81,108 $126,098
2023 $14,843 $185,453 $72,593 $112,860
2022 $14,194 $184,562 $64,280 $120,282
2021 $12,706 $155,796 $61,272 $94,524
2020 $12,583 $152,892 $60,130 $92,762
2019 $12,369 $149,864 $58,939 $90,925
2018 $11,003 $132,649 $56,699 $75,950
2017 $10,735 $128,113 $54,760 $73,353
2016 $10,892 $119,233 $52,837 $66,396
2015 -- $114,561 $52,267 $62,294
2014 -- $97,626 $52,267 $45,359
2013 -- $98,690 $52,790 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11093751

Midwest Real Estate Data (MRED)

APN: 09-34-113-006