NOT LISTED FOR SALE

2320 Gilead Ave Zion, IL 60099

Central Zion Neighborhood

Estimated Value: $144,000 - $208,000

3 Beds
2 Baths
1,536 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $82,500 $54 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,407/month

255 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Shed

About This Home

As of April 2022

GREAT INVESTMENT OPPORTUNITY!! LIVE IN ONE UNIT AND RENT OUT THE OTHER... First floor unit comes with two cozy bedrooms and a full bath. Second floor units offers 1 bedroom and 1 full bath w/ an exterior entrance. Exterior parking off the alley and a good sized yard. DON'T LET THIS OPPORTUNITY SLIP AWAY, LOTS OF CASH FLOW IN THIS TWO UNIT PROPERTY!!

Last Agent to Sell the Property

Lori Mattice

RE/MAX Plaza License #475133097 Listed on: 05/07/2021

RE/MAX Plaza

Last Buyer's Agent

Ivonne Payes

Payes Real Estate Group License #471022097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x 143
  • Chain Link Fence
  • Paved or Partially Paved Lot

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Shed

Schools

  • Shiloh Park Elementary School
  • Zion Central Middle School
  • Zion-Benton Twnshp Hi High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Year Built: 1911
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 109900
  • Lot Features: Chain Link Fence
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Shiloh Park Elementary School
  • High School: Zion-Benton Twnshp Hi School
  • Middle/Junior School: Zion Central Middle School
  • Middle/Junior School District: 6

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X 143
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4952.06
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Pmi Management Llc
Bought by
Payes Leonel J
Current Estimated Value
$176,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$120,416
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$49,911

Purchase Details

Listed on
May 7, 2021
Closed on
Apr 8, 2022
Sold by
Cooper Michael H and Cooper Karen S
Bought by
Pppayes Properties Corp
Seller's Agent
Lori Mattice
RE/MAX Plaza
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$109,900
Sold Price
$82,500
Premium/Discount to List
-$27,400
-24.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.42%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Milakovic Dorothy
Bought by
Cooper Michael H and Cooper Karen M S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Payes Leonel J $125,000 Carrington Title Partners
Pppayes Properties Corp $82,500 None Listed On Document
Cooper Michael H $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payes Leonel J $122,735
Previous Owner Cooper Michael H $80,000
Previous Owner Cooper Michael H $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $82,500 -24.9% $54 / Sq Ft
03/21/2022 03/21/22 For Sale $109,900 +33.2% $72 / Sq Ft
03/07/2022 03/07/22 Off Market $82,500 -- --
01/17/2022 01/17/22 Pending -- -- --
05/07/2021 05/07/21 For Sale $119,900 -- $78 / Sq Ft
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 $5,074 $41,161 $7,507 $33,654
2023 $4,884 $36,698 $6,693 $30,005
2022 $4,884 $34,167 $5,512 $28,655
2021 $4,745 $30,078 $5,169 $24,909
2020 $4,370 $26,568 $4,861 $21,707
2019 $4,227 $24,749 $4,528 $20,221
2018 $3,656 $20,714 $3,894 $16,820
2017 $3,669 $19,215 $3,612 $15,603
2016 $3,483 $17,443 $3,279 $14,164
2015 $3,396 $15,827 $2,975 $12,852
2014 $3,398 $16,354 $3,028 $13,326
2012 $3,556 $17,417 $3,225 $14,192
Source: Public Records

Agents Affiliated with this Home

  • Lori Mattice

    Seller's Agent in 2022

    Lori Mattice

    RE/MAX Plaza

    (847) 764-4663

    30 in this area

    623 Total Sales

    Lori Mattice
    Section Image
  • Ivonne Payes

    Buyer's Agent in 2022

    Ivonne Payes

    Payes Real Estate Group

    (224) 338-5063

    5 in this area

    357 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11079861

Midwest Real Estate Data (MRED)

APN: 04-21-119-024

Illinois Lake County Zion 60099 Central Zion

2320 Gilead Ave, Zion, IL

This home is located at 2320 Gilead Ave, Zion, IL 60099 since 07 May 2021 and is currently estimated at $176,641, approximately $115 per square foot. This property was built in 1911. 2320 Gilead Ave is a home located in Lake County with nearby schools including West Elementary School, Zion Central Middle School, and Zion-Benton Township High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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