NOT LISTED FOR SALE

Estimated Value: $272,894 - $331,000

5 Beds
3 Baths
-- Sq Ft
5,924 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $186,000

Est. 58% increase in value since last sale

Current estimated payment $1,881/month

7 Days on Market

About This Home

As of January 2021

Are you looking for an investment property that pays for itself? Each unit is individually metered for gas, electricity and tenants pay for refuse service. There is a nice sized backyard for the tenants to enjoy and provides a space for outdoor entertaining. The long driveway can be shared for some off street parking, but the 2 car garage is being conveyed as-is. Latest improvements to the property consist two new hot water heaters, one new furnace, a total clean-out of the basement with 9 new windows just installed. Great opportunity for a multi-unit rental property that is fully occupied by long term tenants who want to stay. 2 leases will be up for renewal/changes by new owner(s) in early 2021, 1 lease will be up for renewal in the Fall. The property is being sold in as-is condition, providing an opportunity for the right investor to snatch this one up quick!

Last Agent to Sell the Property

Cheryl Thomas

Baird & Warner License #475122934 Listed on: 11/27/2020

Baird & Warner

Last Buyer's Agent

Regi Ortega

Century 21 TK Realty License #475125597

Century 21 TK  Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 118.5
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • C M Bardwell Elementary School
  • K D Waldo Middle School
  • East High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space

Exterior Features

  • Foundation Details: Block, Stone
  • List Price: 188000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: C M Bardwell Elementary School
  • High School: East High School
  • Middle/Junior School: K D Waldo Middle School
  • Middle/Junior School District: 131

Lot Info

  • Lot Dimensions: 50 X 118.5
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3865.5
  • Tax Year: 2019
  • 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
Nov 27, 2020
Closed on
Jan 8, 2021
Sold by
Kemph Raymond M
Bought by
Cepeda Javier
Seller's Agent
Cheryl Thomas
Baird & Warner
Buyer's Agent
Regi Ortega
Century 21 TK Realty
List Price
$188,000
Sold Price
$186,000
Premium/Discount to List
-$2,000
-1.06%
Total Days on Market
7
Current Estimated Value
$294,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,224
Avg. Annual Appreciation
13.12%
Original Mortgage
$182,631
Outstanding Balance
$166,316
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$151,302

Purchase Details

Closed on
Nov 26, 2008
Sold by
Darby Delmonte I and Darby Caryl Sue
Bought by
Kemph Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,681
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2002
Sold by
Quiroga Jose and Quiroga Olga
Bought by
Quiroga Olga
Source: Public Records

Similar Homes in the area

  • 450 Center Ave, Aurora, IL 60505

    $300,000

    • 3 Beds
    • 2 Baths
    • 450 Center Ave
    • Aurora, IL

    AMAZING INVESTMENT PROPERTY! Lease both units or live in one unit and rent out the other. Great value and profitable with rental income. Unit W has 2 bedrooms, 1 bathroom, vinyl flooring and a modern kitchen with white shaker cabinets and granite countertop. Unit E has 1 bedroom and 1 bathroom, vinyl flooring, modern kitchen with white shaker cabinets and butcher blocker counter top. Both units

    Rebecca Wells My Path Properties, LLC

    Section Image
  • 454 Weston Ave, Aurora, IL 60505

    $350,000

    • 4 Beds
    • 2 Baths
    • 454 Weston Ave
    • Aurora, IL

    Multiple Offers. Highest and Best due Wednesday (5/21) by 6pm. This 2 unit on Aurora's near east side is a great opportunity to enter the investor scene or expand your portfolio! The home is a conforming unit and Aurora approved. Each unit features multiple rooms which allows for 2-3 bedrooms and 1 bath for each unit. Separate gas and electric. Separate HVAC systems. Separate washers/dryers

    Ryan Kurtz john greene, Realtor

    Section Image
  • 312 S Spencer St, Aurora, IL 60505

    $310,000

    • 4 Beds
    • 2 Baths
    • 312 S Spencer St
    • Aurora, IL

    Great investment opportunity here in the Southeast Area Neighborhood of Aurora! Live in one unit and rent out the other! Or Rent both out for a combined monthly income! Home is in a vibrant community and it is easy to feel at home! Enjoy more privacy with the fenced in front yard and beautiful landscaping. Enjoy the long gated private driveway for added privacy and a 2 car detached garage with

    Luis Torres Eden Properties Real Estate Group

    Section Image
  • Unlisted Address

    $260,000

    • 3 Beds
    • 2 Baths

    **2 for 1!** This fantastic two-unit investment property offers great income potential. The main-level unit features two bedrooms, a living room, a dining room, and an updated kitchen. The upstairs unit includes one bedroom, a spacious living room currently used as a master bedroom, and a kitchen. Both units come with a stove and fridge. The large basement provides ample storage, and tenants

    Laura Rios Coldwell Banker Realty

    Section Image
  • 735 Sexton St, Aurora, IL 60505

    $314,900

    • 6 Beds
    • 3 Baths
    • 735 Sexton St
    • Aurora, IL

    Multiple offers received, the seller is in the process of reviewing them. Welcome to this well-maintained multifamily home! The first unit features 3 spacious bedrooms, 1 full bathroom, a comfortable living room, and a dedicated dining area-perfect for family gatherings. With ample storage space and freshly painted neutral tones throughout, the unit feels bright and move-in ready. Step out

    Claudia Torres Century 21 Circle - Aurora

    Section Image
  • 121 N Smith St, Aurora, IL 60505

    $295,000

    • 3 Beds
    • 2 Baths
    • 121 N Smith St
    • Aurora, IL

    This charming two-unit investment property features spacious 2-bedroom apartments on each floor, a full basement, a two-car garage, a shed for extra storage, and a large, fenced backyard. Both units come with a stove and fridge. Fully leased and income-generating, it's ideal for investors or multi-generational living. New roof, gutters and water heater.

    Laura Rios Coldwell Banker Realty

    Section Image
  • 601 Iowa Ave, Aurora, IL 60506

    $289,900

    • 4 Beds
    • 2 Baths
    • 601 Iowa Ave
    • Aurora, IL

    Welcome to this fully occupied 4 bed, 2 bath split-level duplex located in a quiet residential area on Aurora's west side. Each unit is a 2 bed, 1 bath. This home has been recently renovated with new siding, gutters, windows and roof installed at the beginning of 2024. Offering reduced maintenance for years to come. This Home also includes a single car garage, along with a double wide driveway

    Henry Torn ListWithFreedom.com

    Section Image
  • 1101 Indian Ave, Aurora, IL 60505

    $339,000

    • 5 Beds
    • 2 Baths
    • 1101 Indian Ave
    • Aurora, IL

    Excellent Investment Opportunity in Aurora! Welcome to 1101 Indian Ave - a solid brick 2-unit property located in a convenient, well-established neighborhood. Each unit offers spacious layouts with separate entrances, providing ideal flexibility for rental income or multigenerational living. What truly sets this property apart? Exceptionally low property taxes! This dramatically improves your

    Zachary Kraus Charles Rutenberg Realty of IL

    Section Image
  • 1963 W Illinois Ave Unit 69, Aurora, IL 60506

    $365,000

    • 4 Beds
    • 4 Baths
    • 1963 W Illinois Ave
    • Unit 69
    • Aurora, IL

    Multiple offers received...Highest and Best Sunday May 25th at 12 noon....Analyze...Do the numbers...then come and see this Low-vacancy...low-maintenance duplex with 2Br units and 1.5 baths on each side plus attached garages for each unit...ideal location close to Schools, hospitals, I-88 and University...it will buy itself plus give you a tax-sheltered cash flow...It's a wealth builder for

    Peter Dominguez Century 21 Circle - Aurora

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cepeda Javier $186,000 Baird & Warner Ttl Svcs Inc
Kemph Raymond M $178,000 Chicago Title Insurance Co
Quiroga Olga -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Javier Cepeda $11,472
Closed Ortega Javier Cepeda $15,744
Open Cepeda Javier $182,631
Previous Owner Kemph Raymond M $178,316
Previous Owner Kemph Raymond M $175,681
Previous Owner Quiroga Jose $101,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $186,000 -1.1% --
12/04/2020 12/04/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $188,000 -- --
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 $3,836 $59,335 $5,506 $53,829
2022 $3,989 $52,501 $5,024 $47,477
2021 $3,944 $48,860 $4,677 $44,183
2020 $3,774 $45,383 $4,344 $41,039
2019 $3,866 $43,868 $4,025 $39,843
2018 $3,650 $40,085 $3,723 $36,362
2017 $3,403 $34,698 $3,430 $31,268
2016 $3,453 $32,810 $2,940 $29,870
2015 -- $29,263 $2,528 $26,735
2014 -- $30,372 $2,323 $28,049
2013 -- $34,595 $2,337 $32,258
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10941904

Midwest Real Estate Data (MRED)

APN: 15-27-207-013