225 N Hickory St Joliet, IL 60435
Saint John's NeighborhoodEstimated Value: $308,000 - $407,000
6
Beds
5
Baths
4,966
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- 0.28 Acre Lot
- Laundry Room
- Hot Water Heating System
- 4 Fireplaces
- Central Heating
About This Home
As of November 2018Historically significant 1890 Romanesque-style mansion designed by architect F.S. Allen for quarry magnate Marcus Krakar. The conversion to its current 5 apartments was done carefully to keep intact the beautiful woodwork, moldings and doors. First time on the market since the 1980s. The 1st and 2nd floor units are all large one bedrooms with one full bath, formal dining rooms, fireplace, high 10'-10.5' ceilings, beautiful stained glass windows and original woodwork. The 3rd floor has a unique large lofty 2-bedroom unit with laundry hook up. In addition to a 3-car garage and 8 tandem surface parking spaces, there is an original stone carriage house. The garage and carriage house are being used for storage. The unfinished basement has unusually high ceilings with quarry floors. The location is close to downtown Joliet, the river and Limacher park. This a unique property that doesn't come along very often!
Co-Listed By
Stephanie Miller
Redfin Corporation License #475120371
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,984
Year Built
- Built in 1890
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 93 x 132
Home Design
- Pitched Roof
- Composition Roof
- Stone Siding
Interior Spaces
- 4,966 Sq Ft Home
- 2-Story Property
- 4 Fireplaces
- Fire Suppression System
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Utilities
- Window Unit Cooling System
- Central Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, varies by tenant
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $2,420
- Fuel Expense $2,854
- Trash Expense $1,092
- Water Sewer Expense $3,976
- Operating Expense $10,342
- Gross Income $40,980
- Net Operating Income $24,654
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2018
Closed on
Nov 13, 2018
Sold by
Markley Robert J
Bought by
Stopproperties Llc
Seller's Agent
Bill Hynes
Compass
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$399,900
Sold Price
$362,700
Premium/Discount to List
-$37,200
-9.3%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,138
Avg. Annual Appreciation
1.55%
Original Mortgage
$272,025
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 2000
Sold by
Harris Na
Bought by
Markley Robert J
Similar Home in Joliet, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stopproperties Llc | $362,700 | Fidelity National Title Ins | |
| Markley Robert J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Stopproperties Llc | $272,025 | |
| Previous Owner | Markley Robert J | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2018 11/16/18 | Sold | $362,700 | -9.3% | $73 / Sq Ft |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | For Sale | $399,900 | -- | $81 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,289 | $98,532 | $16,807 | $81,725 |
| 2022 | $8,231 | $89,129 | $15,203 | $73,926 |
| 2021 | $7,823 | $83,244 | $14,199 | $69,045 |
| 2020 | $7,422 | $79,054 | $13,484 | $65,570 |
| 2019 | $7,060 | $73,471 | $12,532 | $60,939 |
| 2018 | $6,349 | $63,719 | $11,580 | $52,139 |
| 2017 | $5,984 | $57,931 | $10,528 | $47,403 |
| 2016 | $5,731 | $53,325 | $9,652 | $43,673 |
| 2015 | $6,091 | $55,150 | $9,050 | $46,100 |
| 2014 | $6,091 | $54,850 | $9,000 | $45,850 |
| 2013 | $6,091 | $58,263 | $10,022 | $48,241 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Hynes
Seller's Agent in 2018
Bill Hynes
Compass
(773) 671-7689
23 Total Sales
-
Seller Co-Listing Agent in 2018
Stephanie Miller
Redfin Corporation
(708) 567-8574
-
Christopher Knollin
Buyer's Agent in 2018
Christopher Knollin
Realty Executives
(312) 217-1246
4 in this area
47 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10105997
APN: 07-09-409-002
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