NOT LISTED FOR SALE

Estimated Value: $201,904 - $256,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold August 15, 2016

Last sale price $99,000

Est. 137% increase in value since last sale

Current estimated payment $1,661/month

25 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Porch

About This Home

As of August 2016

Turn key 2 flat investment for sale in Joliet right of I-80! Property rents in a heart bit! Just received a 4 year PASS certificate from the city of Joliet! When fully rented - brings $1900 a month TOTAL: 850-900 per apartment and additional $100 for the 2 car garage! 1st floor is currently occupied - offers 2 large bedrooms, updated kitchen, 2 living rooms, full bath and a small porch, 2nd floor (specifically left vacant in case an owner occupant wants to buy) offers 2 large bedrooms, kitchen, large pantry, sun room, big deck, walk in closet and a full bath. Property has a nice private fenced in yard and a 2 car garage! Property features hardwood floors, newer siding and windows throughout! Corner lot - great location with immediate access to I-80! 2nd floor will be freshly painted within a week! Calling all investors -great building bring $1900 / month when fully occupied!

Last Agent to Sell the Property

Irina Allison

Apex Real Estate Brokerage Inc License #471004840 Listed on: 05/26/2016

Last Buyer's Agent

Andy Domas

Century 21 Circle License #475135948

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1895

Lot Details

  • Lot Dimensions are 45x145
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,800
  • Net Operating Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 115000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Other Expenses $: 2100

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45X145
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 20700
  • GrossIncome: 22800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3101.68
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 25, 2016
Sold by
Wagner James J
Bought by
Rodriguez Ruben
Seller's Agent
Irina Allison
Apex Real Estate Brokerage Inc
Buyer's Agent
Andy Domas
Century 21 Circle
List Price
$115,000
Sold Price
$99,000
Premium/Discount to List
-$16,000
-13.91%
Current Estimated Value
$234,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,476
Avg. Annual Appreciation
9.88%
Original Mortgage
$74,250
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2014
Sold by
Ronald J Orloff Llc
Bought by
Wagner James J

Purchase Details

Closed on
Sep 15, 2006
Sold by
Mcginnis Timothy P and Bingham Randy
Bought by
Ronald J Orloff Llc

Purchase Details

Closed on
Apr 21, 2005
Sold by
First Midwest Bank
Bought by
Dixon John
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Rodriguez Ruben $99,000 Chicago Title
Wagner James J -- None Available
Ronald J Orloff Llc -- Ticor Title
Dixon John $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Ruben $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $99,000 -13.9% --
06/20/2016 06/20/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $115,000 0.0% --
06/05/2016 06/05/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $115,000 -- --
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
2024 $4,955 $59,159 $17,240 $41,919
2023 $4,955 $52,563 $15,318 $37,245
2022 $4,391 $47,547 $13,856 $33,691
2021 $4,173 $44,407 $12,941 $31,466
2020 $3,960 $42,172 $12,290 $29,882
2019 $3,766 $39,193 $11,422 $27,771
2018 $3,609 $36,216 $10,554 $25,662
2017 $3,401 $32,926 $9,595 $23,331
2016 $3,204 $29,809 $8,799 $21,010
2015 $3,147 $27,950 $8,250 $19,700
2014 $3,147 $27,800 $8,200 $19,600
2013 $3,147 $30,212 $9,137 $21,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09240328

Midwest Real Estate Data (MRED)

APN: 30-07-16-121-007