NOT LISTED FOR SALE

225 E North St Lockport, IL 60441

Estimated Value: $282,000 - $336,000

4 Beds
2 Baths
-- Sq Ft
13,068 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $289,900

Est. 6% increase in value since last sale

Current estimated payment $2,097/month

39 Days on Market

Highlights

  • Multiple Garages
  • Deck
  • Stamped Concrete Patio
  • Ludwig Elementary School Rated 10
  • 3 Car Detached Garage
  • Shed

About This Home

As of November 2022

Side by side duplex. Live in 1 unit, rent the other. Both units had kitchens remodeled in 2020 with brand new cabinets, countertops, and appliances. East unit(227) is currently vacant and has 1 car detached garage plus concrete slab with storage shed. West unit(225) has 2 car detached garage and is occupied/leased for $1400/month. Pictures show the vacant unit 225 prior to leasing. Each unit has its only laundry hook ups, furnace, and central AC. Brand new shared well pump installed in 2022. Drain tile and sump pit also added in 2022.

Last Agent to Sell the Property

Ryan Esparza

Crosstown Realtors, Inc. License #475118506 Listed on: 10/02/2022

Crosstown Realtors, Inc.

Last Buyer's Agent

Maria Rivera

Results Realty ERA Powered License #475155477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 1950 | Remodeled in 2020

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x134x107x141

Parking

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

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Stamped Concrete Patio
  • Shed

Schools

  • Walsh Elementary School
  • Oak Prairie Junior High School
  • Lockport Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Well
  • Shared Septic

Community Details

Overview

  • 2 Units
  • Duples

Building Details

  • Insurance Expense $1,170
  • Trash Expense $528
  • Gross Income $33,000
  • Net Operating Income $26,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,481

Year Built

Built in 1950 | Remodeled in 2020

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Stamped Concrete Patio
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 8
  • Number of Cars: 11
  • Garage Details: Garage Door Opener(s),Transmitter(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 Shared
  • Heating: Natural Gas, Forced Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 528

Schools

  • Elementary School: Walsh Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Oak Prairie Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3
  • Lot Dimensions: 100X134X107X141
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 26822
  • Insurance Expense: 1170
  • GrossIncome: 33000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 4480.54
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Dec 5, 2022
Sold by
Esparza Ryan
Bought by
Galvan Evelyn P
Seller's Agent
Ryan Esparza
Crosstown Realtors, Inc.
Buyer's Agent
Maria Rivera
Results Realty ERA Powered
List Price
$289,900
Sold Price
$289,900
Views
62
Current Estimated Value
$307,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,087
Avg. Annual Appreciation
1.85%
Original Mortgage
$284,648
Outstanding Balance
$275,593
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$32,394

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 6, 2019
Sold by
Kobus Andrew and The Mary P Kobus Living Trust
Bought by
Esparza Ryan
Seller's Agent
Susan Dufault
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Esparza
Crosstown Realtors, Inc.
List Price
$160,000
Sold Price
$180,000
Premium/Discount to List
$20,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2007
Sold by
Kure Mark M
Bought by
Mary P Kobus Living Trust

Purchase Details

Closed on
Jan 18, 2001
Sold by
Kure Michael F
Bought by
Kure Mark M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galvan Evelyn P $289,900 Fidelity National Title Insura
Esparza Ryan $180,000 Antic
Mary P Kobus Living Trust -- None Available
Kure Mark M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Evelyn P $284,648
Previous Owner Esparza Ryan $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Sold $289,900 0.0% --
11/11/2022 11/11/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $289,900 0.0% --
10/17/2022 10/17/22 Off Market $289,900 -- --
10/02/2022 10/02/22 For Sale $289,900 +61.1% --
12/09/2019 12/09/19 Sold $180,000 +12.5% -- View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $160,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,929 $85,832 $29,932 $55,900
2023 $5,929 $77,055 $26,871 $50,184
2022 $4,788 $65,757 $22,932 $42,825
2021 $4,481 $61,796 $21,551 $40,245
2020 $4,356 $59,764 $20,842 $38,922
2019 $4,576 $56,648 $19,755 $36,893
2018 $4,490 $54,453 $18,989 $35,464
2017 $4,294 $51,405 $17,926 $33,479
2016 $3,869 $45,624 $15,910 $29,714
2015 $3,295 $40,953 $14,281 $26,672
2014 $3,295 $37,572 $13,102 $24,470
2013 $3,295 $37,572 $13,102 $24,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11643490

Midwest Real Estate Data (MRED)

APN: 11-04-14-405-027

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