NOT LISTED FOR SALE

2350 Cherry Tree Ln Diamond, IL 60416

Estimated Value: $866,000 - $921,384

Studio
-- Bath
-- Sq Ft
0.88 Acre Lot

Sale Details

Date Sold: May 17, 2022

Last sale price $750,000

Est. 20% increase in value since last sale

Current estimated payment $6,158 / mo

164 Days on Market

About This Home

As of May 2022

Excellent opportunity to own this 6-unit two-story townhome building built in 2000 with 1 car garages. 1 PIN. No existing association. Sits on crawl space.

Last Agent to Sell the Property

Mike Fleming

Marquette Properties, Inc License #475130622 Listed on: 09/24/2021

Co-Listed By

Ricardo Del Toro

Marquette Properties, Inc License #475188009

Last Buyer's Agent

Raquel Goggin

Goggin Real Estate LLC License #471020977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,690

Year Built

  • Built in 2000

Lot Details

  • 38,200 Sq Ft Lot
  • Lot Dimensions are 121 x 295 x 138 x 143 x 16 x 148

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 10 Parking Spaces
  • 6 to 12 Parking Spaces

Additional Features

  • 2-Story Property
  • Heating System Uses Gas

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,690

Year Built

Built in 2000

Lot Details

0.88 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 2000
  • Built Before 1978 (Y/N): No
  • Information: None
  • Estimated Age: 16-25 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Frontage Type: City Street, Paved
  • Roof: Composition
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 10
  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.88
  • Lot Dimensions: 121 X 295 X 138 X 143 X 16 X 148
  • Lot Size Sq Ft: 38200
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 17

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 12689.9
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
May 17, 2022
Sold by
Bought by
Seller's Agent
Mike Fleming
Marquette Properties, Inc
Buyer's Agent
Raquel Goggin
Goggin Real Estate LLC
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Current Estimated Value
$900,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,128
Avg. Annual Appreciation
4.56%
Original Mortgage
$525,000
Outstanding Balance
$498,961
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$401,167
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 New Title Company Name
-- Patrick W Walsh Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,000
Closed $525,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $750,000 -11.8% --
03/08/2022 03/08/22 Pending -- -- --
09/24/2021 09/24/21 For Sale $850,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,547 $265,696 $10,497 $255,199
2023 $14,545 $248,569 $9,820 $238,749
2022 $13,652 $232,851 $9,199 $223,652
2021 $12,888 $220,086 $8,695 $211,391
2020 $12,690 $215,665 $8,520 $207,145
2019 $11,979 $203,458 $8,038 $195,420
2018 $12,000 $203,841 $8,053 $195,788
2017 $11,631 $196,473 $7,762 $188,711
2016 $11,494 $195,049 $7,706 $187,343
2015 $10,737 $188,599 $7,451 $181,148
2014 $10,488 $185,592 $7,332 $178,260
2013 $10,541 $189,090 $7,470 $181,620
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Fleming

    Marquette Properties, Inc

    Section Image
  • Ricardo Del Toro

    Seller Co-Listing Agent in 2022

    Ricardo Del Toro

    Marquette Properties, Inc

    (815) 909-6406

    77 Total Sales

    Ricardo Del Toro
    Section Image
  • Raquel Goggin

    Buyer's Agent in 2022

    Raquel Goggin

    Goggin Real Estate LLC

    (630) 207-9566

    270 Total Sales

    Raquel Goggin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11228919

Midwest Real Estate Data (MRED)

APN: 06-36-427-007

Illinois Grundy County Diamond 60416

2350 Cherry Tree Ln, Diamond, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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