NOT LISTED FOR SALE

Estimated Value: $362,000

20 Beds
10 Baths
-- Sq Ft
0.32 Acres

Last Sold June 19, 2015

Last sale price $245,000

Est. 48% increase in value since last sale

Current estimated payment $2,468/month

29 Days on Market

About This Home

As of June 2015

MAJOR INCOME OPPORTUNITY, TWO 5-UNIT BRICK BUILDINGS HEAVILY UPGRADED IN 2011. CARPETING, WINDOWS, SOFFIT/FASCIA, BATHROOMS ALL REHABBED FALL 2011. TENANTS PAY HEAT (ELECTRIC), AMPLE PARKING BEHIND BLDG OFF ALLEY. NEWER SUMP PUMPS IN EACH BUILDING. ALLOW TIME TO SHOW, 24-HR NOTICE REQUIRED, DND TENANTS. 2ND PIN IS 0420213024. ALL SIX ABOVE-GROUND UNITS CURRENTLY RENTED TO SECTION 8 TENANTS. GREAT OPPORTUNITY.

Last Agent to Sell the Property

Brent Horvay

The Horvay Group LLC License #471001904 Listed on: 02/24/2015

Last Buyer's Agent

TRAR MLS Non Member

TRAR MLS Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,676

Year Built

  • 1950

Lot Details

  • 0.32

Community Details

  • Fuel Expense $1,000
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,676

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Oper Income: 28000
  • Repairs Decor Expense: 2500
  • Scavenger Expense: 2000
  • Total Annual Exp: 27000
  • Total Annual Income: 54396
  • Total Monthly Income: 4533
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Stories: 1.5
  • Estimated Year Built: 1950
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Exterior Features

  • Acreage: 0.32

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Heatventilation: Electric
  • Water Expense: 2000

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 500

Lot Info

  • Lot Dimensions: 13818
  • Parcel Identification Number: 04202130230000

Rental Info

  • Gross Rental Income: 80796
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 1000
  • Insurance Expense: 2000
  • Other Expenses: 1000

Tax Info

  • Taxes: 11704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Rstc Holdings Llc
Bought by
Smart Residences Llc Hebron
Current Estimated Value
$362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$251,884
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$110,116

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jun 19, 2015
Sold by
Pole Position Properties Llc 2206 Hebr
Bought by
Rstc Holdings Llc
Seller's Agent
Brent Horvay
The Horvay Group LLC
Buyer's Agent
TRAR MLS Non Member
TRAR MLS Non-Member
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$183,750
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2011
Sold by
Chicago Title Land Trust Company
Bought by
Pole Position Properties Llc

Purchase Details

Closed on
Dec 20, 1993
Sold by
Mcdaniel Edgar L and Mcdaniel Jennie
Bought by
Bank Of Waukegan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Smart Residences Llc Hebron $263,000 Chicago Title
Rstc Holdings Llc $250,000 None Available
Pole Position Properties Llc $150,000 First American Title
Bank Of Waukegan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Residences Llc Hebron $290,000
Previous Owner Rstc Holdings Llc $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $245,000 -15.2% --
03/25/2015 03/25/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $289,000 -- --
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
2024 $6,676 $54,161 $10,475 $43,686
2023 $6,808 $48,289 $9,339 $38,950
2022 $6,808 $47,627 $9,305 $38,322
2021 $7,048 $44,678 $8,729 $35,949
2020 $6,912 $42,022 $8,210 $33,812
2019 $6,685 $39,145 $7,648 $31,497
2018 $6,883 $39,144 $7,647 $31,497
2017 $6,933 $36,312 $7,094 $29,218
2016 $6,581 $32,963 $6,440 $26,523
2015 $6,417 $29,909 $5,843 $24,066
2014 -- $28,168 $3,209 $24,959
2012 $3,614 $41,663 $3,417 $38,246
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08845499

Midwest Real Estate Data (MRED)

APN: 04-20-213-023