$300,000
SOLD AUG 18, 2021
8 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Recently Sold

12 Days on Market

About This Home

As of August 2021

Great Rare Investment Opportunity on this Solid Brick 4 Unit 2 sitting on a50 x 200 lot. 2 Bedrooms 1 Bath in each unit. Fully Occupied Positive Cash Flow Machine producing $48,900 a year gross. Units 2, 3 & 4 recently remodeled with new Kitchen sinks, Kitchen flooring & new stoves and refrigerators in each unit in 2020. Tenants have access to the basement. Updated Electric 5 100 amp services & Plumbing 5 Hot Water Tanks . There are 4 storage units for each apt. & 1 for the owner. Tenants have access to a coin operated washer & dryer also in the Basement. Parking is in the rear

Last Agent to Sell the Property

Willie Simpson

RE/MAX Plaza License #475132200 Listed on: 06/03/2021

RE/MAX Plaza

Last Buyer's Agent

Ivonne Payes

Payes Real Estate Group License #471022097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,641

Year Built

  • Built in 1963 | Remodeled in 2020

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 51 x 200

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Multiple Water Heaters

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,641

Year Built

Built in 1963 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Multiple Water Heaters
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 300000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 6

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 51 X 200
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 8641.2
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 10, 2021
Sold by
Hansen William S
Bought by
Osorio Daniel
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$399,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,352
Avg. Annual Appreciation
7.30%
Original Mortgage
$210,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2021
Sold by
Osorio Daniel
Bought by
2301 Salem Blvd Llc

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 22, 2016
Sold by
Gliese Development
Bought by
Hansen William S
Seller's Agent
Adam Taylor
PRS Realty LLC
Buyer's Agent
Willie Simpson
RE/MAX Plaza
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Listed on
Aug 22, 2012
Closed on
Oct 22, 2012
Sold by
Fannie Mae
Bought by
Gliese Development A Series Of Active Re
Seller's Agent
Julian Taylor
O'Donnell Partners
Buyer's Agent
Adam Taylor
PRS Realty LLC
List Price
$99,900
Sold Price
$78,000
Premium/Discount to List
-$21,900
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%

Purchase Details

Listed on
Aug 22, 2012
Closed on
Sep 18, 2012
Sold by
Jordan Danual
Bought by
Federal National Mortgage Association
Seller's Agent
Julian Taylor
O'Donnell Partners
Buyer's Agent
Adam Taylor
PRS Realty LLC
List Price
$99,900
Sold Price
$78,000
Premium/Discount to List
-$21,900
-21.92%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Jordan Danual R
Bought by
Djnn Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.62%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Middlepool Properties Inc
Bought by
Jordan Danual R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 9, 2004
Sold by
Johnson Larry E
Bought by
Middlepool Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 1995
Sold by
Barge Doris E
Bought by
Johnson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,006
Interest Rate
8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $300,000 Chicago Title
Quit Claim Deed -- Khan Imran
Warranty Deed $155,000 Stewart Title
Special Warranty Deed $78,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Quit Claim Deed -- None Available
Corporate Deed $240,000 Ticor
Quit Claim Deed -- --
Warranty Deed $151,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $232,500 Commercial
Previous Owner $192,000 No Value Available
Previous Owner $24,000 Credit Line Revolving
Previous Owner $265,000 Commercial
Previous Owner $148,006 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $300,000 0.0% --
06/17/2021 06/17/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $300,000 +93.5% --
07/27/2016 07/27/16 Sold $155,000 -13.4% --
07/08/2016 07/08/16 Pending -- -- --
06/14/2016 06/14/16 Price Changed $179,000 -3.2% --
05/26/2016 05/26/16 For Sale $185,000 +137.2% --
10/31/2012 10/31/12 Sold $78,000 -8.1% --
09/19/2012 09/19/12 Pending -- -- --
09/17/2012 09/17/12 Price Changed $84,900 -15.0% --
08/22/2012 08/22/12 For Sale $99,900 -- --
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 $9,344 $75,805 $11,598 $64,207
2023 $8,799 $67,587 $10,341 $57,246
2022 $8,799 $61,561 $10,907 $50,654
2021 $9,111 $57,750 $10,232 $47,518
2020 $8,934 $54,317 $9,624 $44,693
2019 $8,641 $50,598 $8,965 $41,633
2018 $8,929 $50,598 $8,965 $41,633
2017 $8,961 $46,937 $8,316 $38,621
2016 $8,507 $42,608 $7,549 $35,059
2015 $8,295 $38,661 $6,850 $31,811
2014 $4,292 $20,655 $6,527 $14,128
2012 $3,089 $21,997 $6,951 $15,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110741

Midwest Real Estate Data (MRED)

APN: 04-21-301-006