NOT LISTED FOR SALE

24 W 37th St Steger, IL 60475

Estimated Value: $152,000 - $174,000

4 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $161,000

Est. 1% increase in value since last sale

Current estimated payment $1,068/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of December 2023

EXCELLENT INVESTMENT OPPORTUNITY! Or RELATED LIVING. Rent out both units for great cash flow; or Live in one unit and rent the other; or fantastic property for related living! 2 Unit building with 2 bedrooms and 1 bathroom in each unit. (Total 4 bedrooms and 2 bathrooms) Newer Flooring, Freshly Painted, Cleaned and ready for move-in, or ready for your new tenants. Unit has already passed Village inspection and is ready for tenants. Roof approximately 7 years old, Downstairs Water heater and bathroom vanity approximately 1 year No known defects but property is being sold as-is.

Last Listed By

Lance Schwimmer

BAAN Properties, LLC License #475170705 Listed on: 10/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,885

Year Built

  • 1904

Lot Details

  • Lot Dimensions are 25x110
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,885

Year Built

1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1904

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 194

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4885.16
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 21, 2023
Sold by
Rowell Larry D and Rowell Andrea
Bought by
Larocco Brandi
Seller's Agent
Lance Schwimmer
BAAN Properties, LLC
Buyer's Agent
Michael Kelly
Crosstown Realtors Inc
List Price
$165,000
Sold Price
$161,000
Premium/Discount to List
-$4,000
-2.42%
Total Days on Market
20
Views
38
Current Estimated Value
$163,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,335
Avg. Annual Appreciation
1.06%
Original Mortgage
$120,750
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Rowell Larry D and Rowell Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2005
Sold by
Engstrand William R
Bought by
Engstrand Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 1998
Sold by
Engstrand Robert W
Bought by
Grand Premier Trust & Investment Inc Na and Trust #2003835

Purchase Details

Closed on
May 12, 1998
Sold by
Engstrand Robert W
Bought by
Engstrand Robert W

Purchase Details

Closed on
Jul 22, 1994
Sold by
Engstrand Robert W
Bought by
Engstrand Robert W and Engstrand Robert W

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
Larocco Brandi $161,000 None Listed On Document
Rowell Larry D $130,000 Stewart Title Company
Engstrand Robert W -- Stewart Title Company
Grand Premier Trust & Investment Inc Na -- --
Engstrand Robert W -- --
Engstrand Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larocco Brandi $128,000
Closed Larocco Brandi $120,750
Previous Owner Rowell Larry D $104,000
Previous Owner Grand Premier Trust & Investment Inc Na $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $161,000 0.0% --
11/15/2023 11/15/23 Pending -- -- --
11/08/2023 11/08/23 Off Market $161,000 -- --
10/31/2023 10/31/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $165,000 -- --
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
2023 $5,299 $48,301 $4,824 $43,477
2022 $4,885 $42,926 $4,287 $38,639
2021 $4,625 $39,302 $3,925 $35,377
2020 $4,492 $36,835 $3,679 $33,156
2019 $4,289 $34,620 $3,458 $31,162
2018 $4,142 $33,875 $3,384 $30,491
2017 $4,101 $31,206 $3,117 $28,089
2016 $4,319 $31,005 $3,097 $27,908
2015 $4,207 $30,175 $3,014 $27,161
2014 $4,207 $30,479 $3,044 $27,435
2013 $4,207 $31,939 $3,190 $28,749
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11915651

Midwest Real Estate Data (MRED)

APN: 15-05-403-008